Welcome to our dedicated page for Matador Res Co news (Ticker: MTDR), a resource for investors and traders seeking the latest updates and insights on Matador Res Co stock.
Matador Resources Company (NYSE: MTDR) is an independent energy company focused on the exploration, development, production and acquisition of oil and natural gas resources in U.S. shale and other unconventional plays. Its news flow reflects both its upstream activity and the growth of its midstream platform.
Company press releases frequently highlight operational updates in the Delaware Basin, where Matador concentrates on the oil and liquids-rich portions of the Wolfcamp and Bone Spring plays in Southeast New Mexico and West Texas. News items also cover activity in the Haynesville shale and Cotton Valley plays in Northwest Louisiana, along with developments in the company’s “brick-by-brick” land acquisition strategy and inventory of engineered drilling locations.
Investors following MTDR news can expect regular coverage of quarterly financial and operating results, production trends, capital expenditure plans and guidance revisions. Matador often issues announcements around its earnings releases, including details on Adjusted EBITDA, adjusted net income and adjusted free cash flow, as well as the timing of conference calls and accompanying presentations.
Another key theme in Matador’s news is the performance and expansion of its midstream joint venture, San Mateo Midstream, LLC. Releases describe increases in natural gas processing capacity at the Black River and Marlan complexes, record processing volumes, and new infrastructure such as compressor stations and gathering systems. Updates also address San Mateo’s revolving credit facility and its role in providing flow assurance for Matador and third-party producers.
Additional MTDR news items focus on natural gas marketing and transportation agreements, including firm transportation on the Hugh Brinson Pipeline and extended transportation to the Southern California market, as well as Board decisions on dividends, share repurchases and senior leadership changes. Readers who monitor this page can review these announcements in one place to understand how Matador’s operational, financial and midstream developments evolve over time.
Matador Resources Company (NYSE: MTDR) plans to announce its first quarter 2023 operational and financial results after trading closes on April 25, 2023. Following this, a live conference call is scheduled for April 26, 2023, at 10:00 a.m. Central Time to discuss the results and operational highlights. Investors can access the live call via a provided link and on the company’s website. Matador engages in the exploration, development, and production of oil and natural gas, focusing on unconventional plays in the Delaware Basin, Southeast New Mexico, West Texas, and Eagle Ford shale. Additional details on midstream operations and investor relations are available on its website.
Matador Resources Company (NYSE: MTDR) has successfully closed the acquisition of Advance Energy Partners Holdings, LLC for approximately
Matador Resources Company (NYSE: MTDR) has announced a private offering of $500 million in 6.875% senior unsecured notes due 2028, increasing the initial amount from $400 million. The notes are priced at 98.960% of their face value and are set to close on April 11, 2023, pending customary conditions. The proceeds will be utilized for general corporate purposes. The notes are unregistered under the Securities Act and may not be sold in the U.S. without proper registration or exemption. Matador focuses on oil and gas resource exploration and production in several regions across the United States.
Matador Resources Company (NYSE: MTDR) plans to offer $400 million of senior unsecured notes due 2028, subject to market conditions. The proceeds will be used for general corporate purposes. The notes will not be registered under the Securities Act, and resale is permitted under Rule 144A and Regulation S. Matador is an independent energy company focused on oil and natural gas exploration and production, mainly in the Delaware Basin and Eagle Ford shale. The press release includes cautionary forward-looking statements regarding potential risks and uncertainties that may affect future performance.
Matador Resources Company (NYSE: MTDR) reported robust financial and operational results for 2022, completing the year with record production and net income. The company achieved an average production of 111,700 BOE per day in Q4 2022, marking a 22% annual increase to 38.5 million BOE for the year. Net income reached $1.21 billion or $10.11 per diluted share, a significant rise from the previous year. An increased dividend of $0.15 per share was announced, and the company plans to acquire Advance Energy for $1.6 billion. 2023 guidance includes total oil production of 26.4 to 27.3 million barrels.
Matador Resources Company (NYSE: MTDR) has announced the promotion of Brian J. Willey to Chief Financial Officer, effective February 16, 2023. Willey, who joined Matador in 2014, previously served as President of Midstream Operations and General Counsel. His extensive background includes corporate law and governance, focusing on mergers and acquisitions. Matador's founder, Joseph Wm. Foran, expressed confidence in Willey's ability to strengthen relationships with stakeholders and enhance strategic planning. Matador operates primarily in the Delaware Basin and conducts midstream operations, providing various services to the oil and gas industry.
Matador Resources Company (NYSE: MTDR) has declared a quarterly cash dividend of $0.15 per share, a 50% increase from the previous $0.10, payable on March 9, 2023, to shareholders on record as of February 27, 2023. This announcement reflects the company’s commitment to returning value to shareholders and aligns with its amended dividend policy disclosed on December 6, 2022. Matador operates primarily in the oil-rich regions of the Delaware Basin and is engaged in various aspects of oil and gas exploration and production.
Matador Resources Company (NYSE: MTDR) will announce its fourth quarter and full year 2022 operational and financial results on February 21, 2023, after trading closes. A conference call is scheduled for February 22, 2023, at 10:00 a.m. Central Time to discuss these results, including a significant
Matador Resources Company (NYSE: MTDR) announced its acquisition of Advance Energy Partners Holdings, LLC for $1.6 billion, expected to close in Q2 2023. This deal includes oil and gas properties in Lea County, NM, and Ward County, TX. The total consideration could reach $1.8 billion depending on future oil prices. The transaction is anticipated to generate an annual Adjusted EBITDA of $475-$525 million and is considered accretive to key financial metrics. Matador's leverage ratio is expected to remain below 1.0x post-acquisition. This strategic move is set to enhance Matador's position in the Delaware Basin while maintaining a strong balance sheet.
Matador Resources Company (NYSE: MTDR) has announced a revised dividend policy, increasing its quarterly cash dividend from $0.10 to
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