Operator · Haynesville Shale, Permian Basin & Wolfcamp Shale
Matador Resources Company
80 articles mentioning Matador Resources Company · Page 1 of 4
Permian E&P To Cut Capex by 10% for 2026
In its Q3 2025 update, Matador outlined preliminary expectations that 2026 total capital spending will be 8–12% lower than 2025, yet the company still expects to deliver approximately the same lateral footage. That combination matters: it...
Matador to Complete 80 Operated Wells in 2022; Six Rigs in Delaware Basin
Matador Resources Co. detailed its 2022 capital plan and guidance. 2022 Plan - Capex: $690-770 million - up 32% vs. 2021 D&C: $640-710 million Midstream: $50-60 million - Rigs Running: 6 rigs running Delaware Basin: 6...
Matador Resources Fourth Quarter, Full Year 2021 Results
Matador Resources Co. reported its 4Q and full year 2021 results. 4Q2021 Operational and Financial Highlights: Net Cash Provided by Operating Activities and Adjusted Free Cash Flow Fourth quarter 2021 net cash provided by operating activities...
Matador Shuffles Management Team; Makes Several Appointments
Matador Resources Co. reported the promotions of Billy E. Goodwin to President - Operations and Van H. Singleton, II to President - Land, A&D and Planning, both effective March 31, 2022. Additionally, after 17 years with...
Matador Resources' Credit Line Grows by 50% to $1.35 Billion
Matador Resources Co. has closed on a new amended and restated credit agreement. Under the Credit Agreement signed on November 18, 2021, the maturity date was extended by three years to October 31, 2026, from October...
Matador Resources Third Quarter 2021 Results
Matador Resources Co. reported its Q3 2021 results. Significant Well Results The following table highlights the 24-hour initial potential ("IP") test results from eight of the 13 most recent Boros wells turned to sales in the...
Matador Adds Fifth Rig in Delaware Basin to Drill SWD Well
Matador Resources Co. provided a brief operational update. In August 2021, Matador began operating a fifth operated drilling rig on behalf of its midstream affiliate, San Mateo Midstream, LLC, for the purpose of drilling an additional...
Matador Resources First Quarter 2021 Results
Matador Resources Co. reported financial and operating results for the first quarter of 2021. Joseph Wm. Foran, Matador’s Chairman and CEO, commented, “On both our website and the webcast planned for tomorrow’s earnings conference call is...
Matador Bolsters D&C Spending 22% for 2021; Adding Fourth Rig, Growing Output
Matador Resources Co. announced its full year 2021 operating plan and market guidance. 2021 Plan - Capex: $545-605 million - up 7% at the midpoint vs. 2020 levels D&C: $525-575 million - up 22% vs. 2020...
Matador, LOE down -25%, More Cut to FY Capex; Well Count
Matador Resources reported its 3Q 2020 results. Here is a quick read through. Oil Production was up +6% year over year, but fell 2% sequentially. Equivalent production was up +5% year over year, but flat sequentially....
Matador Touts Lower Wolfcamp-A IPs at Boros Pad; Hits 4,500 BOEPD (60% Oil)
Matador Resources Co. reported results from its first four Boros wells completed and turned to sales in its Stateline asset area in Eddy County, New Mexico. IP Results - Up to 4,500+ BOEPD (60% Oil) The...
Permian E&P to Maintain 3 Rig Program; Complete/Frac 53 Wells in 2020
Matador Resources provided an updated guidance to its 2020 development program. The company started the year with six rigs and dropped to three by the end of Q2. The company plans to keep the three rig...
Matador Resources Second Quarter 2020 Results
Matador Resources Co. reported its Q2 2020 results. Ups 2020 Production Outlook; Oil Output +9% Matador updated its full year 2020 production guidance, expecting increases across all production metrics with oil, natural gas and total equivalent...
Matador IPs Five-Well Wolfcamp Pad; Top Well Hits 2,860 BOEPD IP24
Matador Resources Co. announced the results from the first five wells completed and turned to sales on the Ray State tract in the Rustler Breaks asset area. The company also provided updates on the Rodney Robinson...
Matador Q1: Production Curtailments, Rig Count Cut 50%; Free Cash in the Negatives
Matador Resources Co. reported its Q1 2020 results. Below are the highlights from its report and call. Q1 Financial Highlights & Production Matador reported several key financial developments in Q1, including: Q1 Free Cash in the...
Matador Cuts 2020 Capex by 35% After Cutting Half of Rigs; Updates Hedges
Matador Resources Co. has made further adjustments to its plans for 2020. This comes after the March 11, 2020 announcement in which it reported plans to cut its spending plans and reduce executive salaries. Cuts $250MM...
Matador Leads by Example; Execs Take Pay Cut, Capex / Rigs Lowered; + Liquidity
Matador Resources Co. is adjusting its 2020 capital plan including being one of the few E&Ps to issue meaningful executive level pay cuts and compensation as part of its strategy. Shale Experts CEO Rons Dixon commented...
Matador Resources Reports Q4 2019 Results
Matador Resources Co. reported financial and operating results for the fourth quarter and full year 2019. Fourth Quarter and Full-Year 2019 Highlights Joseph Wm. Foran, Matador's Chairman and CEO, commented, "As highlighted throughout this earnings release,...
Matador Preps to Drill at Stateline Asset; Two-Rig, Nine Well Program
Matador Resources Co. announced the successful approval and receipt of 14 drilling permits from the Bureau of Land Management (BLM). The permits are for operations at its Stateline asset area in southern Eddy County, New Mexico....
Matador Borrowing Base Reaffirmed at $900MM;
Matador Resources Company announced the affirmation of the borrowing base under its reserves-based credit facility at $900 million, as well as a $50 million increase to the San Mateo Midstream, LLC credit facility from $325 million...