STOCK TITAN
  1. Home
  2. News
  3. MTDR

MATADOR RESOURCES COMPANY - MTDR STOCK NEWS

Welcome to our dedicated page for MATADOR RESOURCES COMPANY news (Ticker: MTDR), a resource for investors and traders seeking the latest updates and insights on MATADOR RESOURCES COMPANY stock.

Matador Resources Company (NYSE: MTDR) is a well-established, Dallas-based independent energy company specializing in the exploration, development, production, and acquisition of oil and natural gas resources across the United States. The company's primary focus lies in shale plays and other unconventional resources, with significant operations in the oil and liquids-rich areas of the Eagle Ford Shale in South Texas, and the Wolfcamp and Bone Spring plays in the Permian Basin of Southeast New Mexico and West Texas. Additionally, Matador is active in the Haynesville Shale and Cotton Valley plays in Northwest Louisiana and East Texas.

Matador Resources also holds a substantial exploratory leasehold in Southwest Wyoming and adjacent areas of Utah and Idaho, where it is currently testing the Meade Peak Shale. The company prides itself on its exceptional team of dedicated technical and administrative professionals, and a robust corporate culture emphasizing strong performance and financial discipline.

With a strategic approach to midstream opportunities that support and enhance its core exploration and development activities, Matador Resources continues to achieve significant milestones. Recent projects include the expansion of their drilling programs and the successful acquisition of new properties to augment their already impressive asset portfolio.

Financially, Matador maintains a disciplined approach, consistently working to optimize its balance sheet and deliver value to its shareholders. The company's concerted efforts in operational efficiency and cost management have positioned it as a resilient player in the energy sector.

News

Matador Resources Company Announces Pricing of Public Offering of Common Stock

Rhea-AI Summary
Matador Resources Company (MTDR) announces a public offering of 5,250,000 shares of common stock, expecting to raise approximately $347.3 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.02%
Tags
offering
-
News

Matador Resources Company Announces Commencement of Public Offering of Common Stock

Rhea-AI Summary
Matador Resources Company (MTDR) initiates a public offering of 5,250,000 shares of common stock to fund general corporate purposes, acquisitions, and debt repayment. J.P. Morgan and BofA Securities are the underwriters for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.02%
Tags
offering
-
News

Matador Resources Company Announces Amendment to Its Credit Facility and Completion of Natural Gas Pipeline Connections

Rhea-AI Summary
Matador Resources Company (NYSE: MTDR) successfully amends credit agreement, increasing commitment and facility amount, and extending maturity date. Five new banks join credit facility. Completion of natural gas pipeline connections strengthens midstream infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
none
News

Matador Resources Company Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Operational Update, 2024 Operating Plan and Market Guidance

Rhea-AI Summary
Matador Resources Company (NYSE: MTDR) reported strong financial and operating results for the fourth quarter and full year 2023. The company achieved record production, decreased costs, and improved free cash flow. Matador anticipates further growth in 2024 with organic oil production gains of 10% year-over-year. The company's midstream business also performed well, with record results and expansion. Despite temporary midstream constraints, Matador expects record production in 2024 and plans to focus on profitability and operational efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.08%
Tags
earnings
-
News

Matador Resources Company Declares Quarterly Cash Dividend

Rhea-AI Summary
Matador Resources Company (NYSE: MTDR) declares a quarterly cash dividend of $0.20 per share of common stock, payable on March 13, 2024, to shareholders of record as of February 23, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
Tags
dividends
-
News

Matador Resources Company Announces Appointment of New Director

Rhea-AI Summary
Matador Resources Company (NYSE: MTDR) has appointed Ms. Susan M. Ward, a former 12-year Senior Executive of Shell Oil Company, to its Board of Directors. Ms. Ward brings over 20 years of experience, including senior roles in M&A, commercial finance, and as a Board member of Shell Midstream Partners. She has also served as a Board member of Crescent Midstream, an independent energy company. Ms. Ward's extensive background in the energy sector and finance, along with her leadership roles in various committees, makes her a valuable addition to Matador's Board of Directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.25%
Tags
management
News

Matador Resources Company Announces Date of Fourth Quarter and Full Year 2023 Earnings Release

Rhea-AI Summary
Matador Resources Company (NYSE: MTDR) plans to release Q4 and full year 2023 financial results on February 20, 2024. A live conference call will be held on February 21, 2024 to review the results and operational highlights. Participants can access the call by phone or through the company's website. A replay will be available on the website for one year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
earnings
-
News

Matador Resources Company Provides Operational Update

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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
none
-
News

Matador Resources Company Reports Third Quarter 2023 Results and Increases Fourth Quarter Production Guidance

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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.23%
Tags
earnings
News

Matador Resources Company Increases Quarterly Cash Dividend to $0.20 Per Share and Announces Increases to Its Credit Facility

Rhea-AI Summary
Matador Resources Company announces an increase in its dividend policy and amends credit agreement
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.67%
Tags
dividends

FAQ

What is the current stock price of MATADOR RESOURCES COMPANY (MTDR)?

The current stock price of MATADOR RESOURCES COMPANY (MTDR) is $57.53 as of November 15, 2024.

What is the market cap of MATADOR RESOURCES COMPANY (MTDR)?

The market cap of MATADOR RESOURCES COMPANY (MTDR) is approximately 7.2B.

What does Matador Resources Company do?

Matador Resources Company is an independent energy firm engaged in the exploration, development, production, and acquisition of oil and natural gas resources.

Where are Matador Resources' main operations located?

The company's main operations are in the Eagle Ford Shale in South Texas, the Wolfcamp and Bone Spring plays in the Permian Basin, and the Haynesville Shale and Cotton Valley plays in Louisiana and East Texas.

What is Matador Resources' focus in the energy sector?

Matador focuses on shale plays and other unconventional oil and natural gas resources, with an emphasis on both exploration and midstream opportunities.

How does Matador Resources maintain financial discipline?

The company employs a disciplined approach to financial management, focusing on operational efficiency, cost management, and optimizing its balance sheet to deliver shareholder value.

What are some of Matador Resources' recent achievements?

Recent achievements include the expansion of drilling programs, acquisitions of new properties, and ongoing success in their exploratory leaseholds in Southwest Wyoming and surrounding areas.

What areas is Matador Resources exploring in Wyoming?

Matador is exploring the Meade Peak Shale in Southwest Wyoming, as well as adjacent areas in Utah and Idaho.

How does Matador Resources enhance its exploration activities?

Matador identifies and develops midstream opportunities that support and enhance its core exploration and development business.

When was Matador Resources Company established?

Matador Resources was established as an independent energy company with a focus on pioneering shale and unconventional energy plays.

What is Matador Resources' approach to achieving operational efficiency?

Matador emphasizes a culture of strong performance, leveraging its team of dedicated professionals to continuously improve operational efficiency.

What makes Matador Resources a resilient player in the energy sector?

Matador's focus on financial discipline, strategic asset acquisition, and operational efficiency contributes to its resilience in the energy market.

Stock MTDR logo
MATADOR RESOURCES COMPANY

NYSE:MTDR

MTDR Rankings

#1050 Ranked by Market Cap
#1486 Ranked by Dividends

MTDR Stock Data

7.18B
124.82M
7.34%
93.33%
5.84%
Oil & Gas E&P
Crude Petroleum & Natural Gas
Link
United States of America
DALLAS