Matador Res Co Stock Price, News & Analysis

Matador Resources Company (NYSE: MTDR) and San Mateo Midstream announced key leadership promotions effective June 11, 2025. Bryan A. Erman has been elevated to Co-President, Chief Legal Officer and Head of M&A, while William D. Lambert becomes Executive VP, CFO and Head of Strategy. Additionally, Brian J. Willey is promoted to Executive VP - Midstream of Matador and Executive VP, CAO and CLO of San Mateo, and Robert T. Macalik advances to Executive VP - Administration and Finance of Matador and Executive VP and CFO of San Mateo. The company highlighted San Mateo's significant growth, with gas processing capacity expanding from 60 MMcf/d in 2016 to 720 MMcf/d currently, making it one of New Mexico's top three midstream gas processing systems by capacity.

Matador Resources (NYSE: MTDR) announced three significant developments: First, the successful completion of its Marlan Plant expansion in Eddy County, New Mexico, which increases natural gas processing capacity by 200 MMcf/d to a total of 260 MMcf/d. The expansion, completed on time and on budget, brings San Mateo's total gas processing capacity to 720 MMcf/d across Eddy and Lea Counties. Second, Fitch Ratings upgraded Matador's credit rating from 'BB-' to 'BB', citing strong post-acquisition debt reduction and positive free cash flow generation. Third, the company's 19-member bank group reaffirmed its $3.25 billion borrowing base and $2.25 billion elected commitment. With nearly $1.8 billion in liquidity, Matador is positioned for continued growth in 2025.

Matador Resources Company (NYSE: MTDR) has announced its 2025 Annual Meeting of Shareholders, scheduled for Thursday, June 12, 2025, at 9:30 a.m. Central Time. The meeting will take place in the Fort Worth Ballroom at The Westin Galleria Dallas hotel. Shareholders will have the opportunity to meet with directors, management, and employees during a continental breakfast starting at 8:30 a.m. Central Time. The company will provide a live webcast of the meeting, accessible through their website's Investor Relations section.

Matador Resources (NYSE: MTDR) reported strong Q1 2025 results and announced a $400 million share repurchase program. The company achieved record production with total oil and natural gas output increasing 33% to 198,631 BOE per day, exceeding expectations.

Key operational highlights include:

• Oil production up 36% to 115,030 barrels per day
• Natural gas production increased 29% to 501.6 million cubic feet per day
• 40 gross operated wells turned to sales in Q1 2025
• Drilling costs decreased 3% to $880 per completed lateral foot

The company plans to reduce drilling rigs from nine to eight by mid-2025, lowering capital expenditures by $100 million to $1.275 billion. Updated 2025 guidance projects approximately 200,000 BOE per day production, representing a 17% increase from 2024 despite the rig reduction.

Matador Resources Company (NYSE: MTDR) has announced a quarterly cash dividend declaration. The company's Board of Directors has approved a dividend payment of $0.3125 per share of common stock. The dividend will be paid on June 6, 2025, to shareholders who are on record as of May 9, 2025.

Matador Resources Company (NYSE: MTDR) has scheduled its first quarter 2025 earnings release for Wednesday, April 23, 2025, after market close. The company will host a conference call the following day, Thursday, April 24, 2025, at 10:00 a.m. Central Time to discuss financial results and operational highlights.

Participants can access the conference call through a registration link and are advised to dial in 15 minutes before the scheduled start time. The call will also be accessible through the company's website, with a replay available for one year on the Events and Presentations page under the Investor Relations section.

Matador Resources (NYSE: MTDR) has announced the sale of its remaining Eagle Ford shale assets in South Texas for over $30 million across multiple transactions. The company has utilized these proceeds and cash flows to reduce borrowings under its credit facility by $180 million in Q1 2025, ending with $405 million outstanding and a leverage ratio of one times or less.

The company now maintains a strong financial position with approximately $1.8 billion in liquidity. Matador has implemented strategic hedging positions, securing oil costless collars for H1 2025 (45,000 Bbl/day at $60-$86/Bbl) and H2 2025 (70,000 Bbl/day at $52-$77/Bbl).

Matador continues to focus on its 200,000 net acres in the northern Delaware Basin, with 80% held by production. The company has taken precautionary measures including securing inventory for its 2025 drilling program and maintaining flexible rig contracts. The board will consider implementing a stock repurchase program while maintaining its quarterly dividend of $0.3125 per share.

Matador Resources Company (MTDR) reported strong financial and operational results for Q4 and full year 2024, announcing a 25% dividend increase to $1.25 annually. The company achieved record quarterly production of 201,116 BOE per day, marking a 30% increase year-over-year.

Key highlights include record Q4 oil production of 118,440 barrels per day (up 34%) and natural gas production of 496.1 million cubic feet per day (up 26%). The company reduced its cost per completed lateral foot by 11% to $910 during 2024 and added nearly 50,000 net acres in the Delaware Basin.

For full-year 2024, Matador reported net income of $885.3 million (up 5%) and Adjusted EBITDA of $2.30 billion (up 24%). The company projects adjusted free cash flow approaching $1 billion in 2025 and aims to increase average daily production by 20% to 205,000 BOE per day in 2025.

Matador Resources Company (NYSE: MTDR) has appointed Paul W. Harvey to its Board of Directors. Harvey, currently a Private Wealth Advisor at Vaquero Private Wealth in Dallas, brings over 40 years of investment experience and has been a long-term Matador shareholder. His previous roles include Chief Investment Officer, Senior Portfolio Manager, and Managing Director at BlackRock, where he led a team providing investment solutions to high-net-worth individuals.

Harvey holds an MBA in Finance from SMU's Cox School of Business, a BBA from UT Austin, and both CFA and Certified Private Wealth Advisor certifications. He will serve on the company's Audit Committee, Capital Markets and Finance Committee, and Marketing and Midstream Committee.