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Matador Resources Company  (MTDR)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $62.0400 $1.45 2.393%
Day's High: $62.46 Week Perf: -0.74 %
Day's Low: $ 61.01 30 Day Perf: -5.44 %
Volume (M): 1,311 52 Wk High: $ 71.08
Volume (M$): $ 81,303 52 Wk Avg: $58.80
Open: $61.10 52 Wk Low: $43.21



 Market Capitalization (Millions $) 7,461
 Shares Outstanding (Millions) 120
 Employees 165
 Revenues (TTM) (Millions $) 2,754
 Net Income (TTM) (Millions $) 770
 Cash Flow (TTM) (Millions $) -473
 Capital Exp. (TTM) (Millions $) 1,823

Matador Resources Company

We are an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Our current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. We also operate in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas. Additionally, we conduct midstream operations primarily, as of February 17, 2017, through our midstream joint venture, San Mateo Midstream, LLC (“San Mateo” or the “Joint Venture”), in support of our exploration, development and production operations and provide natural gas processing, natural gas, oil and salt water gathering services and salt water disposal services to third parties on a limited basis.

We are a Texas corporation founded in July 2003 by Joseph Wm. Foran, Chairman and CEO. Mr. Foran began his career as an oil and natural gas independent in 1983 when he founded Foran Oil Company with $270,000 in contributed capital from 17 friends and family members. Foran Oil Company was later contributed to Matador Petroleum Corporation upon its formation by Mr. Foran in 1988. Mr. Foran served as Chairman and Chief Executive Officer of that company from its inception until it was sold in June 2003 to Tom Brown, Inc., in an all cash transaction for an enterprise value of approximately $388.5 million.
On February 2, 2012, our common stock began trading on the New York Stock Exchange (the “NYSE”) under the symbol “MTDR.” Prior to trading on the NYSE, there was no established public trading market for our common stock.
Our goal is to increase shareholder value by building oil and natural gas reserves, production and cash flows at an attractive rate of return on invested capital. We plan to achieve our goal by, among other items, executing the following business strategies:

focus our exploration and development activities primarily on unconventional plays, including the Wolfcamp and Bone Spring plays in the Delaware Basin, the Eagle Ford shale in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas;

identify, evaluate and develop additional oil and natural gas plays as necessary to maintain a balanced portfolio of oil and natural gas properties;

continue to improve operational and cost efficiencies;

identify and develop midstream opportunities that support and enhance our exploration and development activities;

maintain our financial discipline; and

pursue opportunistic acquisitions, divestitures and joint ventures.



   Company Address: 5400 LBJ Freeway, Dallas, 75240 TX
   Company Phone Number: 371-5200   Stock Exchange / Ticker: NYSE MTDR
   


Customers Net Income fell by MTDR's Customers Net Profit Margin fell to

-37.73 %

9.97 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CHKEW     
EOG   -2.37%    
EQT        0.12% 
OXY   -1.8%    
PXD        0.28% 
SWN   -0.13%    
• View Complete Report
   



Business Update

Matador Resources Company Prices Underwritten Public Offering, Demonstrates Resilience and Superior Profitability in Prior Quarter

Published Tue, Mar 26 2024 12:45 AM UTC

Matador Resources Company Announces Successful Pricing of Public OfferingDallas-based energy exploration and production company, Matador Resources Company (NYSE: MTDR), has just announced the successful pricing of its underwritten public offering of 5,250,000 shares of its common stock. The offering is expected to generate approximately $347.3 million in gross proceeds for t...

Stock Transactions

Matador Resources Company Makes Moves with Public Stock Offering

Published Mon, Mar 25 2024 8:37 PM UTC

Matador Resources Company Announces Public Offering of Common Stock
Matador Resources Company (NYSE: MTDR) has announced the commencement of a public offering of 5,250,000 shares of its common stock. The net proceeds from this offering will be used for general corporate purposes, including potential acquisitions and repayment of borrowings. J.P. Morgan and BofA Securitie...

Financing Agreement

Matador Resources Experiences Credit Facility Breakthrough and Achieves Milestone in Natural Gas Pipeline Connections Completion

Published Mon, Mar 25 2024 10:00 AM UTC

Matador Resources Company Announces Credit Facility Amendment and Natural Gas Pipeline Connections Completion
Dallas-based energy company, Matador Resources Company (NYSE: MTDR), recently announced significant amendments to its credit agreement, along with the successful completion of natural gas pipeline connections. These developments are expected to have a significant...

Dividend

Matador Resources Company Declares Quarterly Dividend Amid Stock Price Volatility

Published Tue, Feb 13 2024 9:18 PM UTC


The recent announcement made by Matador Resources Company regarding the declaration of a quarterly cash dividend of $0.20 per share of common stock has sparked interest among shareholders and investors alike. This move comes amidst a period of fluctuating stock prices for the company, with shares dropping by -0.24% over the past 30 days but improving by 3.35% in the las...

Management Changes

Matador Resources Bolsters Leadership with Addition of Former Shell Executive and Achieves Impressive ROI in Q2 2023

Published Thu, Jan 25 2024 11:00 AM UTC


Matador Resources Company (NYSE: MTDR) has recently appointed Ms. Susan M. Ward as a new member to its Board of Directors. Ms. Ward, who served as a Senior Executive at Shell Oil Company for 12 years and retired in 2019 after over 20 years of service, brings a wealth of experience and expertise to the position. During her time at Shell, Ms. Ward held several senior role...






 

Matador Resources's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Matador Resources does not provide revenue guidance.

Earnings Outlook
Matador Resources Company does not provide earnings estimates.

 
Geographic Revenue Dispersion




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