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Matador Resources Co - MTDR STOCK NEWS

Welcome to our dedicated news page for Matador Resources Co (Ticker: MTDR), a resource for investors and traders seeking the latest updates and insights on Matador Resources Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Matador Resources Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Matador Resources Co's position in the market.

Rhea-AI Summary
Matador Resources Company (NYSE: MTDR) announces record production from the 21 Margarita wells acquired in the Advance Energy Partners Holdings, LLC purchase. The lenders under San Mateo Midstream, LLC’s revolving credit facility have increased their commitments by $50 million, signaling greater operational and financial flexibility.
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End-of-Day
0.85%
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Rhea-AI Summary
Matador Resources Company reports record results for Q3 2023, with total production up 3% and oil production up 2% sequentially. They also achieved record natural gas production, despite challenges. D/C/E and midstream capital expenditures were lower than expected. Net Cash Provided by Operating Activities and Adjusted Free Cash Flow were better than expected. The company increased its fixed quarterly cash dividend and amended its credit agreement. They expect to finish the year strong and anticipate production increases and lower capital expenditures for 2023.
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Rhea-AI Sentiment
End-of-Day
-2.23%
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earnings
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Rhea-AI Summary
Matador Resources Company announces an increase in its dividend policy and amends credit agreement
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2.22%
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dividends
Rhea-AI Summary
Matador Resources to release Q3 2023 results and host conference call
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End-of-Day
7.05%
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Rhea-AI Summary
Matador Resources Company reported financial and operating results for Q2 2023, with record production and reduced debt. The company achieved its 36th consecutive quarter of meeting or exceeding earnings guidance. Production in Q2 2023 was 130,683 BOE per day, exceeding expectations by 3%. Capital expenditures were lower than budgeted due to efficiency savings. The company reduced its bank debt by $140 million and lowered its leverage ratio to 1.0x. Production guidance for 2023 was increased, and costs were expected to decrease.
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Rhea-AI Sentiment
End-of-Day
-6.69%
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earnings
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Rhea-AI Summary
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-0.07%
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dividends
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0.02%
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0.68%
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-3.55%
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earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
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-0.82%
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dividends
Matador Resources Co

NYSE:MTDR

MTDR Rankings

MTDR Stock Data

7.82B
111.44M
7.86%
93.61%
7.57%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
US
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