MTDR vs TALO: Correlation
How closely do Matador Resources Company (MTDR) and Talos Energy, Inc. (TALO) trade together? Their weekly returns over three years give a correlation of 0.77, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MTDR and TALO?
Over the past 3 years, MTDR and TALO moved with a correlation of 0.77, which is strong. The relationship has been stable: the 1-year correlation (0.76) sits close to the 3-year figure. Over 5 years the correlation is 0.75, and the annualized covariance of weekly returns is 1405.6 %².
By 3-year correlation, TALO places #13 of the 27 assets tracked against MTDR. The last year tells two different stories: TALO led by 57.8 percentage points, +17.4% for MTDR against +75.2% for TALO.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
MTDR vs TALO: side by side
| MTDR (Matador Resources Company) | TALO (Talos Energy, Inc.) | |
|---|---|---|
| 1-year return | +17.4% | +75.2% |
| 5-year return | +115.7% | +37.6% |
| Volatility (ann.) | 40.3% | 45.1% |
| Beta vs S&P 500 | 0.49 | 0.35 |
| Max drawdown (3Y) | -46.8% | -63.2% |
| Market cap | $7.0B | $2.8B |
| P/E (trailing) | 9.7 | – |
| Dividend yield | 2.60% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MTDR | TALO |
|---|---|---|
| 2022 | +55.8% | +92.7% |
| 2023 | +0.6% | -24.6% |
| 2024 | +0.4% | -31.8% |
| 2025 | -22.3% | +13.5% |
| 2026 | +36.7% | +51.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTDR and TALO good diversifiers for each other?
To a limited degree. At 0.77 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between MTDR and TALO?
The MTDR/TALO correlation stands at 0.77 on a 3-year window (1 year: 0.76, 5 years: 0.75), computed from weekly returns as of 2026-08-27.
Is TALO a good diversifier for MTDR?
To a limited degree. At 0.77 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.77 mean?
On the −1 to +1 scale, 0.77 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: MTDR correlations · TALO correlations
