Matador Resources Company (MTDR) disclosed that on September 9, 2026, long-time executive Van H. Singleton, II retired as Co-President – Land, Acquisitions and Divestitures and Planning and moved into a new role as Special Advisor to the Board of Directors and Executive Committee.
His Co-President responsibilities will be assumed by Bryan A. Erman, who has served as Co-President, Chief Legal Officer and Head of M&A since June 2025, while Jonathan J. Filbert, Executive Vice President – Land since October 2023, will take over Singleton’s land and A&D responsibilities. A subsidiary of Matador entered into an Advisor Agreement with Singleton providing an annual fee of $450,000, paid monthly, continued vesting of his outstanding equity awards during the consulting term, and confidentiality, non-competition and non-solicitation covenants. The agreement’s term continues until terminated by either party.
Matador Resources Co (MTDR) reported an open-market purchase by EVP and CFO Christopher P. Calvert. On August 27, 2026, an entity representing his 401(k) account bought 2,500 shares of common stock at $56.64 per share, bringing that indirect 401(k) position to 44,000 shares. Separately, he holds 85,624 shares directly, which include 3,334 restricted shares granted on February 14, 2024 that vest on the third anniversary of grant, as well as shares acquired through Matador’s Employee Stock Purchase Plan. The filing indicates these transactions were not made under a Rule 10b5-1 trading plan.
Matador Resources Co (MTDR) reported that Chairman and CEO Joseph Wm Foran purchased 555 shares of common stock on August 26, 2026 at a weighted-average price of $54.49 per share, in multiple trades between $54.45 and $54.50. Following this purchase and prior contributions to certain GRATs, he directly holds 4,772 shares, including shares acquired under an Employee Stock Purchase Plan. Additional shares are held indirectly through various family trusts and entities, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Matador Resources Co (MTDR) reported that Chairman and CEO Joseph Wm Foran purchased 400 shares of common stock on August 17, 2026 in an open-market or private transaction at a weighted average price of $53.64 per share, including shares acquired under the company’s Employee Stock Purchase Plan. Following this transaction, he directly holds 31,017 common shares, in addition to various indirect holdings through family trusts and related entities for which he generally disclaims beneficial ownership beyond his pecuniary interest.
Matador Resources Co Chairman and CEO Joseph Wm Foran reported open-market purchases of 15,000 shares of common stock. He bought 10,000 shares on August 12, 2026 at a weighted average price of $52.16 per share and 5,000 shares on August 13, 2026 at a weighted average price of $51.44 per share, including shares acquired through the Employee Stock Purchase Plan exempt under Rule 16-b3. Additional shares are held indirectly through multiple family trusts and entities, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Matador Resources Co director Kenneth L. Stewart reported a disposition of common stock through a bona fide gift. On 2026-08-10, he gifted 9,400 shares of Matador common stock in connection with family estate planning to two trusts of which he is not the trustee. After this transfer, he directly holds 84,747 shares of Matador common stock.
Matador Resources Co executive William Thomas Elsener, EVP of Reservoir Engineering, purchased 850 shares of Matador common stock on 2026-08-10 at $50.94 per share. The shares were acquired through the company’s Employee Stock Purchase Plan, which is exempt under Rule 16b-3, bringing his direct holdings to 114,879 shares.
Matador Resources Chairman and CEO Joseph Wm Foran reported open-market purchases of the company’s Common Stock. On August 10, 2026, he purchased 3,130 shares at a weighted average price of $51.04 per share, in multiple trades between $50.88 and $51.12. On August 11, 2026, he purchased an additional 709 shares at a weighted average price of $51.68, with individual trades between $51.63 and $51.70. These purchases include shares acquired under Matador’s Employee Stock Purchase Plan, which are exempt under Rule 16b-3. Foran also reports indirect holdings through various family trusts, partnerships, and GRATs, while disclaiming beneficial ownership of those shares except to the extent of his pecuniary interest.
Matador Resources Company delivered significantly stronger Q2 2026 results, with total revenues of $1.19 billion (in thousands), up 33% from Q2 2025, driven mainly by a 53% higher realized oil price and modest volume growth. Net income attributable to shareholders increased to $390.7 million, or $3.15 per diluted share, versus $150.2 million, or $1.21 per share. Adjusted EBITDA was $781.0 million, compared with $594.2 million.
Total production reached 19.6 million BOE (215,631 BOE/d), 58% oil and 42% natural gas, with Delaware Basin assets providing nearly all output. For the first half of 2026, net cash provided by operating activities was $1.41 billion, funding heavy investment, including a $1.16 billion Delaware Basin lease acquisition and total drilling and completion and other capital spending above $2.1 billion. Long‑term debt rose to $4.22 billion, reflecting a new $750 million 2034 note and higher credit facility borrowings, partly offset by full retirement of 2028 notes. The company continued shareholder returns with a $0.375 per‑share quarterly dividend and share repurchases, while its active hedge program generated a $72.5 million realized loss but an $85.5 million unrealized gain in Q2.
Matador Resources Company reported a strong second quarter of 2026, with record average oil production of 126,106 Bbl/d and total production of 215,631 BOE/d, 3% higher than a year earlier and above guidance. Higher realized oil prices of $98.16/Bbl drove oil and natural gas revenues to $1,087.6 million, supporting net income attributable to shareholders of $390.7 million, Adjusted EBITDA of $781.0 million and adjusted free cash flow of $303.2 million.
On this performance, Matador raised full-year 2026 production guidance to 218,500–223,500 BOE/d and increased total capital expenditure guidance to $1.625–$1.725 billion while keeping drilling and completion costs per completed lateral foot at $785–$805. The company executed or agreed four strategic deals, including Federal leases and the Paloma and Ridge Runner acreage acquisitions, which together are expected to add roughly four years of high-quality drilling inventory with anticipated rates of return above 80%. Acquisitions are being funded with cash and its reserve-based lending credit facility, whose elected commitment was raised to $2.75 billion, and Matador targets a 1.0x leverage ratio by the end of 2027, primarily through free cash flow.