Matador Resources Company, through wholly owned subsidiaries, agreed to acquire all membership interests of Paloma Permian, LLC for a cash Unadjusted Purchase Price of $1,275,000,000, including $63,750,000 placed in escrow. The Paloma assets include 16,235 net undeveloped acres and estimated third-quarter production of about 11,100 BOE per day in Eddy and Lea Counties, New Mexico. Closing is subject to customary conditions and is expected early in the fourth quarter of 2026 with an effective date of June 1, 2026.
Matador also agreed to acquire primarily undeveloped acreage and producing properties in the Delaware Basin’s Woodford play from Ridge Runner Resources II, LLC, contributing to about 50,000 contiguous undeveloped net acres in the Woodford and bringing total Delaware Basin acreage to roughly 240,000 net acres. The first Woodford exploratory Rae’s Creek well recorded initial production over 2,200 BOE per day (72% oil) and is performing about 20% better than average Texas Woodford wells on a 60-day cumulative oil basis. The acquisitions are expected to be funded with cash on hand and borrowings under Matador’s reserve-based credit facility, supported by an anticipated $1 billion of adjusted free cash flow for full-year 2026 and a target leverage ratio near 1.0x within 12 to 18 months of closing.
Matador Resources Company reports that its Board of Directors has declared a quarterly cash dividend of $0.375 per share of common stock, payable on September 8, 2026 to shareholders of record as of August 10, 2026, under the dividend policy adopted in October 2025.
The company notes that any future dividends will be at the Board’s discretion based on operating results, cash flows, financial position, capital needs and other factors. Matador is an independent U.S. energy company focused on oil and natural gas shale and other unconventional plays.
Matador Resources Co director Robert Gaines Baty bought additional company stock in the open market. On June 15, 2026, he purchased 500 shares of Matador common stock at $51.44 per share.
After this transaction, Baty directly owns 77,538 shares of Matador common stock, indicating a small, routine increase in his personal investment in the company.
Matador Resources Company expanded its financial flexibility and reported shareholder voting results. Its subsidiary entered an Eighth Amendment to its secured revolving credit facility, reaffirming the borrowing base at $3.25 billion and increasing aggregate elected borrowing commitments from $2.25 billion to $2.75 billion, reflecting the regularly scheduled May 1 redetermination.
The company also held its Annual Meeting of Shareholders. On the April 13, 2026 record date, there were 124,200,880 shares outstanding, and 115,739,804 shares were represented. Shareholders elected three Class III directors to terms expiring at the 2029 annual meeting, approved 2025 executive compensation in an advisory vote, and ratified KPMG LLP as independent auditor for the year ending December 31, 2026.
Ward Susan M reported acquisition or exercise transactions in this Form 4 filing.
Matador Resources director Susan M. Ward received a grant of 3,642 restricted stock units on June 11, 2026 as equity compensation. These RSUs vest on June 11, 2027, or earlier if the 2027 director elections occur sooner. After the grant, she directly holds 18,565 shares. Delivery of the vested RSUs is deferred until separation of service or a change in control.
STEWART KENNETH L. reported acquisition or exercise transactions in this Form 4 filing.
Matador Resources director Kenneth L. Stewart received an equity award of 3,642 restricted stock units. These RSUs were granted on June 11, 2026 at no cash cost to him as part of compensation. The units are scheduled to vest on June 11, 2027, or earlier immediately before the election of directors at the company’s 2027 annual meeting of shareholders. After this grant, Stewart directly holds 94,147 shares of Matador Resources common stock.
Harvey Paul W reported acquisition or exercise transactions in this Form 4 filing.
Matador Resources director Paul W. Harvey received a grant of 3,642 restricted stock units on June 11, 2026. These RSUs will vest, and an equal number of common shares will be delivered, on June 11, 2027 or earlier immediately before the 2027 director election. Following the grant, he directly holds 7,721 common shares and has additional indirect interests, including shares held by his child, his Individual Retirement Account, the Harvey Revocable Trust, and Wilson Peak Limo, LLC. He states that he disclaims beneficial ownership of certain indirectly held shares except to the extent of his pecuniary interest.
Ehrman Monika U reported acquisition or exercise transactions in this Form 4 filing.
Director Monika U. Ehrman of Matador Resources Co received an equity award of 3,642 shares of Common Stock in the form of restricted stock units. These RSUs were granted at no cash cost to her as part of compensation.
The RSUs will vest, and an equal number of Matador common shares will be delivered, on June 11, 2027, or earlier immediately before the election of director nominees at the company’s 2027 annual shareholder meeting. After this award, Ehrman directly holds 45,467 shares of Matador common stock.
Matador Resources director William M. Byerley reported an equity grant of 3,642 restricted stock units (RSUs). The RSUs were granted on June 11, 2026 at no cash cost and will vest on June 11, 2027 or earlier if the 2027 director elections occur sooner.
Under Matador’s Nonqualified Deferred Compensation Plan for Non-Employee Directors, Byerley has deferred delivery of all vested RSUs to within 30 days of the earlier of the fifth anniversary of the vesting date, separation of service, or a change in control, at which time they convert into an equal number of common shares. After this grant, he directly holds 59,453 Matador common shares.
Baribault Reynald reported acquisition or exercise transactions in this Form 4 filing.
Matador Resources director Reynald Baribault reported a stock-based compensation grant and updated holdings. On June 11, 2026, he received 3,642 restricted stock units (RSUs) of common stock at a stated price of $0.00 per share. These RSUs will vest, and an equal number of shares will be deliverable, on June 11, 2027, or sooner immediately prior to the election of director nominees at the 2027 annual shareholder meeting. Following this grant, he directly holds 18,516 shares of common stock and has additional indirect interests through an Individual Retirement Account and two revocable living trusts. He disclaims beneficial ownership of certain indirectly held shares except to the extent of his pecuniary interest.