MTDR - Dividend announcements

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") announces the successful bolt-on acquisition of 5,154 net undeveloped acres in the core of the Delaware Basin as part of the Bureau of Land Management (BLM) Oil and Gas Lease Sale this week. Joseph Wm. Foran, Matador's Founder, Chairman and CEO, commented, "Matador is pleased to announce a $1.1 billion expansion of its premier Delaware Basin asset base in Southeast New Mexico through the recent BLM Lease Sale. The company acquired 5,154 net undeveloped acres, all of which are in the ‘core-of-the-core' of the Delaware Basin and are strategic and highly complementary to Matador's current acreage position. This acquisition no

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.375 per share of common stock payable on June 5, 2026 to shareholders of record as of May 8, 2026. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matado

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.375 per share of common stock payable on March 10, 2026 to shareholders of record as of February 27, 2026. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced that its Board of Directors amended the Company's dividend policy. Pursuant to the new policy, the Company intends to pay cash dividends on its common stock of $0.375 per share per quarter, or $1.50 per share per year, beginning in the fourth quarter of 2025, which is a 20% increase from its prior policy of $0.3125 per share per quarter, or $1.25 per share per year. The Board also declared a quarterly cash dividend of $0.375 per share of common stock payable on December 5, 2025 to shareholders of record as of November 10, 2025. Joseph Wm. Foran, Matador's Founder, Chairman and CEO, commented, "We are please

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.3125 per share of common stock payable on September 5, 2025 to shareholders of record as of August 15, 2025. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Tex

USA News Group News Commentary Issued on behalf of Prairie Operating Co. VANCOUVER, BC, July 15, 2025 /PRNewswire/ -- Thanks to the rise of more and more AI data centers, the USA is faced with a very real threat in terms of surging demand for electricity, causing a renewed fascination with utilities. A new DOE reliability study warns that, if firm capacity keeps retiring while AI-driven load soars, the annual risk of power outages could jump by "a factor of one-hundred" as soon as 2030. And while there's talk about nuclear power emerging as a clean AI data center energy source, oil and gas is being touted as a medium-term interim solution. Citing "very strong" oil demand in Q3, OPEC announce

Matador Resources Company (NYSE:MTDR) ("Matador") and its midstream affiliate, San Mateo Midstream, LLC ("San Mateo") today announced the successful start up of San Mateo's Marlan cryogenic natural gas processing plant (the "Marlan Plant") expansion in Eddy County, New Mexico. In addition, Matador is pleased to announce a recent upgrade by Fitch Ratings, Inc. ("Fitch") to the Company's corporate credit rating to BB and the reaffirmation of the Company's $3.25 billion borrowing base and $2.25 billion elected commitment under its reserves-based revolving credit facility by its 19-member bank group. Successful Marlan Plant Expansion On Time and On Budget The successful expansion of the Mar

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.3125 per share of common stock payable on June 6, 2025 to shareholders of record as of May 9, 2025. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador

Matador Resources Company (NYSE:MTDR) ("Matador") today announced the sale of its remaining Eagle Ford shale position in South Texas and provided an update on its current hedging position, the strength of its balance sheet and steps Matador has already taken in response to current circumstances. Joseph Wm. Foran, Matador's Founder, Chairman and CEO, commented, "Matador is pleased to announce that we recently sold our two remaining acreage and production positions in the Eagle Ford shale in La Salle, Karnes and Atascosa Counties in South Texas in a series of transactions. Over the last two quarters, Matador received proceeds of over $30 million from these sale transactions. The Eagle Ford s

Matador Resources Company (NYSE:MTDR) ("Matador") today announced the successful closing of its previously announced agreement whereby Matador contributed Pronto Midstream, LLC ("Pronto"), Matador's wholly-owned midstream subsidiary, to San Mateo Midstream, LLC, Matador's 51%-owned midstream joint venture ("San Mateo"), for a total implied pre-closing valuation of Pronto of approximately $600 million. Upon completion of the transaction, San Mateo has a total estimated asset value of more than $1.5 billion net to Matador.1 Please see Matador's December 5, 2024, press release for additional details on the transaction. Joseph Wm. Foran, Matador's Founder, Chairman and CEO, commented, "We are

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that it has executed a definitive agreement whereby Matador would contribute Pronto Midstream, LLC ("Pronto"), Matador's wholly-owned midstream subsidiary, to San Mateo Midstream, LLC, Matador's midstream joint venture ("San Mateo"), for a total implied valuation of Pronto of approximately $600 million. At the closing of the transaction, Matador will receive an up-front cash payment of approximately $220 million for the contribution of Pronto to San Mateo. In addition, Matador may earn up to $75 million in incentive payments from Five Point Energy LLC ("Five Point") as Matador executes its operational plans in northern Lea Co

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced that its lenders increased the borrowing base under the Company's credit agreement by 30% from $2.50 billion to $3.25 billion. This increase of the borrowing base resulted from the regularly scheduled semi-annual borrowing base redetermination, although Matador elected to keep the borrowing commitments at $2.25 billion at present but appreciates the potential to increase its borrowings to $3.25 billion at a later date. The borrowing base increase was supported and approved by each of the 19 lenders under Matador's credit facility. Matador is also pleased to announce that its midstream joint venture, San Mat

Yesterday, on October 28, 2024, Enterprise Products Partners L.P. ("Enterprise") announced that it had completed its acquisition of Piñon Midstream, LLC ("Piñon"). Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced it had received its share of the sales proceeds, or approximately $113 million, for Matador's approximate 19% ownership interest in the parent company of Piñon. Joseph Wm. Foran, Matador's Founder, Chairman and CEO, commented, "Congratulations to the Enterprise team on a smooth and successful transaction. We were pleased to have acquired an approximate 19% ownership interest in the parent company of Piñon in connection with our recent Ameredev acq

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced that its Board of Directors revised and amended the Company's dividend policy. Pursuant to the new policy, the Company intends to pay cash dividends on its common stock of $0.25 per share per quarter, or $1.00 per share per year, beginning in the fourth quarter of 2024, which is a 25% increase from its prior policy of $0.20 per share per quarter. The Board also declared a quarterly cash dividend of $0.25 per share of common stock to begin this quarter payable on December 6, 2024, to shareholders of record as of November 15, 2024. Joseph Wm. Foran, Matador's Founder, Chairman and Chief Executive Officer, stat

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") previously announced Friday, September 20 that it priced a private offering of $750 million of 6.250% senior unsecured notes due 2033 (the "Notes") at a price of 100% of their face value. The offering is expected to close on September 25, 2024, subject to customary closing conditions. Matador intends to use the net proceeds from the offering to repay borrowings outstanding under Matador's credit facility, including all of the $250 million in outstanding borrowings under Matador's term loan, making the offering debt neutral. The Notes and related guarantees have not been registered under the Securities Act of 1933, as amend

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced that it has priced a private offering of $750 million of 6.250% senior unsecured notes due 2033 (the "Notes") at a price of 100% of their face value. The offering is expected to close on September 25, 2024, subject to customary closing conditions. Matador intends to use the net proceeds from the offering to repay borrowings outstanding under Matador's credit facility, including all of the $250 million in outstanding borrowings under Matador's term loan. The Notes and related guarantees have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or the applicable securities

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced that, subject to market conditions, it intends to offer $750 million of senior unsecured notes due 2033 (the "Notes") in a private placement to eligible purchasers. Matador intends to use the net proceeds from the offering to repay borrowings outstanding under Matador's credit facility, including all of the $250 million in outstanding borrowings under Matador's term loan. The Notes and related guarantees have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or the applicable securities laws of any state or other jurisdiction and may not be offered, transferred or sold

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share of common stock payable on September 5, 2024 to shareholders of record as of August 15, 2024. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share of common stock payable on June 7, 2024 to shareholders of record as of May 17, 2024. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matado

Matador Resources Company (NYSE:MTDR) ("Matador") today announced the expiration and results of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of the approximately $699.2 million outstanding aggregate principal amount of its 5.875% Senior Notes due 2026 (the "Notes"). The Tender Offer expired at 5:00 p.m., New York City time, on April 1, 2024 (the "Expiration Time"). As of the Expiration Time, an aggregate principal amount of $556,325,000, or approximately 80%, of the Notes were validly tendered and not validly withdrawn, which amount excludes $7,686,000 aggregate principal amount of the Notes that remain subject to guaranteed delivery procedures d

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that it has priced a private offering of $900 million of 6.500% senior unsecured notes due 2032 (the "New Notes") at a price of 100% of their face value. Matador increased the size of the offering to $900 million from the previously announced $800 million. The offering is expected to close on April 2, 2024, subject to customary closing conditions. Matador intends to use the net proceeds from the offering (i) to repurchase any and all of the approximately $699.2 million outstanding aggregate principal amount of its 5.875% senior notes due 2026 (the "2026 Notes") through a cash tender offer (the "Tender Offer"), and to pay re

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that it has commenced a cash tender offer (the "Tender Offer") to purchase any and all of the approximately $699.2 million outstanding aggregate principal amount of its 5.875% senior notes due 2026 (the "2026 Notes") with a portion of the net proceeds from Matador's concurrent private placement of $800 million in aggregate principal amount of senior unsecured notes due 2032 (the "New Notes"), which was also announced today by Matador. The Tender Offer is being made pursuant to an offer to purchase and related notice of guaranteed delivery, each dated as of March 26, 2024. The Tender Offer will expire at 5:00 p.m., New York Ci

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that, subject to market conditions, it intends to offer $800 million of senior unsecured notes due 2032 (the "New Notes") in a private placement to eligible purchasers. Matador intends to use the net proceeds from the offering (i) to repurchase any and all of the approximately $699.2 million outstanding aggregate principal amount of its 5.875% senior notes due 2026 (the "2026 Notes") through a cash tender offer (the "Tender Offer"), and to pay related premiums, fees and expenses in connection with the Tender Offer, and (ii) for general corporate purposes, which may include the funding of acquisitions and the repayment of borr

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced that Matador and its lenders successfully amended the Company's credit agreement to, among other things, (1) increase the elected commitment from $1.325 billion to $1.5 billion, (2) increase the maximum facility amount from $2.0 billion to $3.5 billion and (3) extend the maturity date by three years to 2029. Matador is also pleased to announce that five new banks joined the credit facility, bringing the total bank group to 19 banks. These new banks are Capital One, N.A., Citizens Bank, N.A., Mizuho Bank, Ltd., The Toronto-Dominion Bank, New York Branch, and Wells Fargo Bank, N.A. Joseph Wm. Foran, Matador's

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share of common stock payable on March 13, 2024 to shareholders of record as of February 23, 2024. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced initial production results from its 21 Margarita wells that were acquired in connection with the purchase of Advance Energy Partners Holdings, LLC ("Advance") in April 2023. In addition, Matador is pleased to announce that the lenders under San Mateo Midstream, LLC's ("San Mateo") revolving credit facility have increased their commitments by $50 million from $485 million to $535 million. Initial Well Results – 21 Advance Wells Matador's record production of over 135,000 barrels of oil equivalent ("BOE") per day during the third quarter of 2023 was driven in part by the 21 Margarita wells that were acquire

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced that its Board of Directors amended the Company's dividend policy pursuant to which the Company intends to pay cash dividends on its common stock of $0.20 per share per quarter beginning in the fourth quarter of 2023, which is a 33% increase from its prior policy of $0.15 per share per quarter. The Board also declared a quarterly cash dividend of $0.20 per share of common stock payable on December 1, 2023, to shareholders of record as of November 10, 2023. Joseph Wm. Foran, Matador's Founder, Chairman and Chief Executive Officer, stated, "We are pleased to announce an increase in the Company's quarterly cas

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share of common stock payable on September 1, 2023 to shareholders of record as of August 11, 2023. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share of common stock payable on June 1, 2023 to shareholders of record as of May 11, 2023. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matado

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that it has priced a private offering of $500 million of 6.875% senior unsecured notes due 2028 at a price of 98.960% of their face value. Matador increased the size of the offering from the previously announced $400 million to $500 million. The offering is expected to close on April 11, 2023, subject to customary closing conditions. Matador intends to use the net proceeds from the offering for general corporate purposes. The notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or applicable state securities laws and may not be offered or sold in the United States absent regi

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that, subject to market conditions, it intends to offer $400 million of senior unsecured notes due 2028 in a private placement to eligible purchasers. Matador intends to use the net proceeds from the offering for general corporate purposes. The notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. The notes may be resold by the initial purchasers pursua

Matador Resources Company (NYSE:MTDR) ("Matador") today announced the promotion of Brian J. Willey to Chief Financial Officer, President of Midstream Operations and Executive Vice President, effective as of February 16, 2023. Mr. Willey will continue to serve as the President of San Mateo Midstream, LLC, Matador's midstream joint venture, among his other duties. Mr. Willey joined Matador in February 2014 and most recently served as Matador's President and General Counsel of Midstream Operations and Executive Vice President of Matador as well as President of San Mateo Midstream, LLC. Soon after Mr. Willey joined Matador in February 2014 as its Deputy General Counsel, Mr. Willey was appointe

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share of common stock payable on March 9, 2023 to shareholders of record as of February 27, 2023. In accordance with the Company's amended dividend policy announced on December 6, 2022, this quarterly dividend of $0.15 per share is a 50% increase from the prior quarterly dividend of $0.10 per share. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other un

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced that its Board of Directors amended the Company's dividend policy pursuant to which the Company intends to pay cash dividends on its common stock of $0.15 per share per quarter in 2023, which is a 50% increase from its prior policy of $0.10 per share per quarter. The Company anticipates that the Board will implement such amended policy in connection with the declaration of Matador's next quarterly dividend, which is expected during the first quarter of 2023 for a dividend to be paid during early March 2023. Joseph Wm. Foran, Matador's Founder, Chairman and Chief Executive Officer, stated, "We are pleased to

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share of common stock payable on December 1, 2022 to shareholders of record as of November 10, 2022. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced (1) recent upgrades by Fitch Ratings, Inc. ("Fitch") to the Company's corporate credit rating and (2) $105 million in additional purchases of the Company's outstanding senior notes. Matador's Credit Rating Upgraded by Fitch On September 29, 2022, Fitch upgraded Matador's Long-Term Issuer Default Rating (IDR) from ‘B+' to ‘BB-'. In its September 29, 2022 press release, Fitch noted, "The upgrade reflects the company's production growth momentum, Management's continued commitment to a conservative financial policy and significant gross debt reduction, which has materially improved credit metrics. Matador's rat

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced the recent upgrade by S&P Global Ratings ("S&P") to the Company's corporate credit rating. On September 19, 2022, S&P upgraded Matador's issuer credit rating from ‘B+' to ‘BB-'. In its September 19, 2022 press release, S&P noted, "The upgrade to ‘BB-' reflects Matador's very strong credit measures, which are supported by its debt repayment and conservative financial policy." More information regarding S&P's upgrade of Matador may be found at www.spglobal.com/ratingsdirect. Joseph Wm. Foran, Matador's Chairman and CEO, commented, "We are very pleased with S&P's upgrade to our corporate credit rating, which w

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced (1) recent upgrades by Moody's Investors Service ("Moody's") to the Company's corporate credit rating and senior unsecured notes and (2) $30 million in additional purchases of the Company's outstanding senior notes. Matador's Credit Rating and Senior Unsecured Debt Upgraded by Moody's On September 9, 2022, Moody's upgraded Matador's Corporate Family Rating (CFR) from ‘B1' to ‘Ba3' and upgraded Matador's senior unsecured notes from ‘B2' to ‘B1'. In its September 9, 2022 press release, Moody's noted, "The upgrade reflects Matador's increased scale, reduced debt level and improved free cash flow generation abi

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share of common stock payable on September 1, 2022 to shareholders of record as of August 17, 2022. In accordance with the Company's amended dividend policy announced on June 10, 2022, this quarterly dividend of $0.10 per share is double the prior quarterly dividend of $0.05 per share. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional p

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced that its Board of Directors amended the Company's dividend policy pursuant to which the Company intends to pay quarterly cash dividends on its common stock of $0.10 per share, which is an increase from its prior policy of $0.05 per share initiated in October 2021. The Company anticipates that the Board will implement such amended policy in connection with the declaration of its next quarterly dividend, which is expected during the third quarter of 2022. Joseph Wm. Foran, Matador's Founder, Chairman and Chief Executive Officer, stated, "We are pleased to announce the Board's adoption of a new dividend policy

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced that one of its wholly-owned subsidiaries has entered into a definitive agreement with a wholly-owned subsidiary of Summit Midstream Partners, LP ("Summit") to acquire Summit's Lane Gathering and Processing System (the "Lane G&P System") in Eddy and Lea Counties, New Mexico for $75 million, subject to customary transaction adjustments. In connection with the transaction, the Company will assume certain takeaway capacity on the Double E Pipeline, a FERC-regulated natural gas pipeline operated by Summit. The acquisition is subject to customary closing conditions and is expected to close in the second quarter of

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share of common stock payable on June 3, 2022 to shareholders of record as of May 18, 2022. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share of common stock payable on March 14, 2022 to shareholders of record as of March 4, 2022. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matad

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today reported its estimated proved oil and natural gas reserves at December 31, 2021, which showed a 20% year-over-year increase in total proved reserves, including a 56% year-over-year increase in proved developed reserves, each as compared to the Company's proved oil and natural gas reserves at December 31, 2020. Joseph Wm. Foran, Matador's Founder, Chairman and CEO, commented, "Matador is pleased today to report a 20% year-over-year increase in our total proved reserves from 270.3 million BOE at December 31, 2020 to 323.4 million BOE at December 31, 2021, an all-time high for Matador. This reserves increase reflects the

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced recent upgrades by S&P Global Ratings ("S&P") to the Company's corporate credit rating and senior unsecured notes. On January 27, 2022, S&P upgraded Matador's issuer credit rating from ‘B' to ‘B+' and upgraded Matador's issue-level rating on Matador's senior unsecured notes from ‘B+' to ‘BB-'. In its January 27, 2022 press release, S&P noted, "We expect credit measures will continue to improve for Matador Resources Co., a Dallas-based crude oil and natural gas exploration and production (E&P) company, based on our revised commodity price assumptions, the company's recent debt repayment, and anticipated stron

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today provided a brief operational update. In August 2021, Matador began operating a fifth operated drilling rig on behalf of its midstream affiliate, San Mateo Midstream, LLC ("San Mateo"), for the purpose of drilling an additional salt water disposal well in the Company's Greater Stebbins Area in Eddy County, New Mexico. This new salt water disposal well and the associated facilities are needed and expected to handle additional produced water volumes anticipated as a result of Matador's increased drilling and completions activity in the Greater Stebbins Area during 2021. Matador expects to turn to sales nine wells in this

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced recent upgrades by Moody's Investors Service ("Moody's") to the Company's corporate credit rating and senior unsecured notes. On September 1, 2021, Moody's upgraded Matador's Corporate Family Rating (CFR) from B2 to B1 and upgraded Matador's senior unsecured notes from B3 to B2. Moody's also upgraded Matador's Speculative Grade Liquidity (SGL) rating from SGL-3 to SGL-2 to reflect good liquidity. In its September 1, 2021 press release, Moody's noted, "The upgrade reflects Matador's improved cost structure and enhanced free cash flow generation capabilities that should facilitate further deleveraging and volu

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.025 per share of common stock payable on September 3, 2021 to shareholders of record as of August 12, 2021. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today published metrics aligned with standards developed by the Sustainability Accounting Standards Board ("SASB"). Matador is committed to creating long-term value in a responsible manner and aligning its ongoing environmental, social and governance ("ESG") reporting with SASB. The publication of these metrics represents the next step in Matador's continued efforts to highlight its commitment to ESG excellence. Matador's SASB metrics are available on the Company's website at www.matadorresources.com/sustainability, and Matador expects to disclose additional metrics as they become available later in the year. Joseph Wm. For

Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today reported financial and operating results for the first quarter of 2021. A short slide presentation summarizing the highlights of Matador's first quarter 2021 earnings release is also included on the Company's website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab. First Quarter 2021 Management Summary Comments Joseph Wm. Foran, Matador's Chairman and CEO, commented, "On both our website and the webcast planned for tomorrow's earnings conference call is a set of six slides identified as ‘Chairman's Remarks' (Slides A through F) to add color and detail to my remarks. W

Matador Resources Company (NYSE:MTDR) ("Matador") today announced that its Board of Directors declared a quarterly cash dividend of $0.025 per share of common stock payable on June 3, 2021 to shareholders of record as of May 13, 2021. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the fourth quarter and full year 2020. A slide presentation summarizing the highlights of Matador’s fourth quarter and full year 2020 earnings release is also included on the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab. In a separate press release issued today, Matador also provided its 2021 operating plan and 2021 market guidance. Management Summary Comments Joseph Wm. Foran, Matador’s Chairman and CEO, commented, “On both our website and the webcast planned for tomor

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that its Board of Directors (the “Board”) adopted a dividend policy pursuant to which the Company intends to pay quarterly cash dividends on its common stock of $0.025 per share. Pursuant to this policy, the Board declared Matador’s first quarterly cash dividend of $0.025 per share of common stock payable on March 31, 2021 to shareholders of record as of March 24, 2021. Joseph Wm. Foran, Matador’s Chairman and CEO, commented, “We are pleased to initiate a quarterly cash dividend policy and announce the payment of Matador’s first cash dividend, which marks another significant