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Matador Resources Company Declares Quarterly Cash Dividend

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Matador Resources Company (NYSE: MTDR) declares 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.
La società Matador Resources Company (NYSE: MTDR) ha dichiarato un dividendo trimestrale in contanti di $0,20 per azione ordinaria, pagabile il 7 giugno 2024 ai possessori di record al 17 maggio 2024.
La compañía Matador Resources Company (NYSE: MTDR) ha declarado un dividendo en efectivo trimestral de $0.20 por acción ordinaria, pagadero el 7 de junio de 2024, a los accionistas registrados al 17 de mayo de 2024.
Matador Resources Company (NYSE: MTDR)는 보통주 1주당 0.20달러의 분기 배당금을 선언하였으며, 2024년 5월 17일에 기록된 주주에게 2024년 6월 7일에 지급될 예정입니다.
La société Matador Resources Company (NYSE: MTDR) a déclaré un dividende trimestriel en espèces de 0,20 $ par action ordinaire, payable le 7 juin 2024 aux actionnaires inscrits au 17 mai 2024.
Die Matador Resources Company (NYSE: MTDR) hat eine vierteljährliche Barausschüttung von 0,20 $ pro Stammaktie bekannt gegeben, zahlbar am 7. Juni 2024 an die am 17. Mai 2024 eingetragenen Aktionäre.
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  • Matador Resources Company (MTDR) declares a quarterly cash dividend of $0.20 per share of common stock.
  • The dividend is payable on June 7, 2024, to shareholders of record as of May 17, 2024.
Negative
  • None.

DALLAS--(BUSINESS WIRE)-- 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. Matador also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. Additionally, Matador conducts midstream operations in support of its exploration, development and production operations and provides natural gas processing, oil transportation services, natural gas, oil and produced water gathering services and produced water disposal services to third parties.

For more information, visit Matador Resources Company at www.matadorresources.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. “Forward-looking statements” are statements related to future, not past, events. Forward-looking statements are based on current expectations and include any statement that does not directly relate to a current or historical fact. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as “could,” “believe,” “would,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “should,” “continue,” “plan,” “predict,” “potential,” “project,” “hypothetical,” “forecasted” and similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Such forward-looking statements include, but are not limited to, statements about guidance, projected or forecasted financial and operating results, future liquidity, the payment of dividends, results in certain basins, objectives, project timing, expectations and intentions, regulatory and governmental actions and other statements that are not historical facts. Actual results and future events could differ materially from those anticipated in such statements, and such forward-looking statements may not prove to be accurate. These forward-looking statements involve certain risks and uncertainties, including, but not limited to, the following risks related to financial and operational performance: general economic conditions; the Company’s ability to execute its business plan, including whether its drilling program is successful; changes in oil, natural gas and natural gas liquids prices and the demand for oil, natural gas and natural gas liquids; its ability to replace reserves and efficiently develop current reserves; the operating results of the Company’s midstream oil, natural gas and water gathering and transportation systems, pipelines and facilities, the acquiring of third-party business and the drilling of any additional salt water disposal wells; costs of operations; delays and other difficulties related to producing oil, natural gas and natural gas liquids; delays and other difficulties related to regulatory and governmental approvals and restrictions; impact on the Company’s operations due to seismic events; availability of sufficient capital to execute its business plan, including from future cash flows, available borrowing capacity under its revolving credit facilities and otherwise; its ability to make acquisitions on economically acceptable terms; its ability to integrate acquisitions; disruption from the Company’s acquisitions making it more difficult to maintain business and operational relationships; significant transaction costs associated with the Company’s acquisitions; the risk of litigation and/or regulatory actions related to the Company’s acquisitions; availability of sufficient capital to execute its business plan, including from future cash flows, available borrowing capacity under its revolving credit facilities and otherwise; the operating results of and the availability of any potential distributions from our joint ventures; weather and environmental conditions; weather and environmental conditions; and the other factors which could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. For further discussions of risks and uncertainties, you should refer to Matador’s filings with the Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of Matador’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q. Matador undertakes no obligation to update these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by law, including the securities laws of the United States and the rules and regulations of the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.

Mac Schmitz

Vice President – Investor Relations

investors@matadorresources.com

(972) 371-5225

 

Source: Matador Resources Company

Matador Resources Company declared a quarterly cash dividend of $0.20 per share of common stock.

The dividend is payable on June 7, 2024.

Shareholders of Matador Resources Company as of May 17, 2024, are eligible to receive the dividend.
MATADOR RESOURCES COMPANY

NYSE:MTDR

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7.77B
111.78M
7.53%
89.54%
7.9%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
DALLAS

About MTDR

matador resources company (“matador”) is a dallas-based, well established, publicly traded, (nyse:mtdr), independent energy company engaged in exploration, development, production and acquisition of oil and natural gas resources in the us, with a particular emphasis on shale plays and other unconventional plays. matador’s current operations are focused primarily on the oil and liquids-rich portion of the eagle ford shale play in south texas and the wolfcamp and bone spring plays in the permian basin in southeast new mexico and west texas. matador also operates in the haynesville shale and cotton valley plays in northwest louisiana and east texas. in addition, matador has a large exploratory leasehold position in southwest wyoming and adjacent areas of utah and idaho where it is testing the meade peak shale. matador’s has an excellent team of dedicated technical and administrative professionals and a culture of strong performance and financial discipline. matador was established as