Annual Meeting of Shareholders June 10, 2015 NYSE: MTDR
Board of Directors Expertise and Stewardship Board Members Professional Experience Business Expertise David M. Laney - Past Chairman, Amtrak Board of Directors Law and Investments Lead Director - Former Partner, Jackson Walker LLP…
Special Board Advisors Expertise and Stewardship Special Board Business Advisors Professional Experience Expertise - Retired President North America, Archer Ronney F. Coleman Oilfield Services - Former Vice President North America…
Shareholder Advisory Committee for Board Nominations Committee Member Professional Experience David M. Laney - Attorney; Former Partner, Jackson Walker LLP Director - Past Chairman, Amtrak Board of Directors Michael C. Ryan - Partner,…
Proven Management Team Experienced Leadership Industry Matador Management Team Background and Prior Affiliations Experience Experience Joseph Wm. Foran - Matador Petroleum Corporation, Foran Oil Company and 34 years Since Inception…
Corporate Governance at Matador Resources Company Important to Matador Frequent meetings of Board's Governance Committee Robust stock ownership guidelines for directors and executives Board and executive officer stock…
Roles and Responsibilities of the Lead Director Chairs the executive sessions of the non-management, independent directors Leads the independent directors in the evaluation of the CEO Acts as a liaison between the independent…
Recent Matador Accomplishments February 27, 2015: Closed merger with privately-held Harvey E. Yates Company (HEYCO), adding approximately 58,600 gross (18,200 net) acres in the northern Delaware Basin in Lea and Eddy Counties, New…
Strong Cash Flow Margin vs. Comparable Companies High cash flow margin relative to comparable companies, an important metric for analysts, is a testament to Matadors operating efficiency Stronger Weaker 1Q 2015 Cash Flow Margin (=…
Low Leverage and a Strong Balance Sheet Matadors low leverage relative to comparable companies is evidence of the prudence with which management and the Board have operated the Company Stronger Weaker Long-Term Debt(1) / Q1 2015…
Low Leverage and a Strong Balance Sheet Leverage metrics show Matador in a position of strength relative to comparable companies Stronger Weaker Long-Term Debt(1) / Enterprise Value(2) Comparable companies include: Bonanza Creek…
Premium Valuation Relative to Comparable Companies Quality properties, strong operational execution and prudent financial management have resulted in Matadors premium valuation relative to comparable companies Stronger Weaker…
Management Delivering Shareholder Value Matadors Executive Management team is delivering superior performance for less compensation than most peer management teams its incentives are aligned with shareholders Stock Price…
Introduction of George Yates Appointed to Board of Directors in April 2015, following completion of the HEYCO merger Native of Roswell, New Mexico; Yates family active in New Mexico oil and gas exploration and production in the…
Recognition of Michael Ryan Partner at Berens Capital Management LLC Has been a Matador director for over six years since February 2009 Chaired the Financial Committee and Audit Committee at various times and served on the…
Summary of Proposals Proposal 1 Election of Directors Proposal 2 Approval of Amended and Restated 2012 Long-Term Incentive Plan Proposal 3 Advisory Vote on Named Executive Officer Compensation Proposal 4 Ratification of the…
Proposal 1 Election of Directors Director Nominees Class I Directors Margaret B. Shannon Carlos M. Sepulveda, Jr. George M. Yates Directors Continuing in Office Class II Directors (Terms Expiring at 2016 Annual Meeting of…
Proposal 2 Approval of Amended and Restated 2012 Long-Term Incentive Plan The Matador Resources Company 2012 Long-Term Incentive Plan (the 2012 Plan), which was adopted in 2012, provided for the issuance of 4,000,000 shares, of which…
Proposal 3 Advisory Vote on Named Executive Officer Compensation The Company seeks a non-binding advisory vote from its shareholders regarding the compensation of its Named Executive Officers as described in the Proxy Statement…
Audit Committee Responsibilities Standing Board committee comprised of independent directors Carlos M. Sepulveda, Jr., Chair David M. Laney Steven W. Ohnimus Michael C. Ryan Management is responsible for Matadors financial…
Proposal 4 Ratification of the Appointment of KPMG LLP KPMG LLP (KPMG) served as the Companys independent registered public accounting firm for the fiscal year ended December 31, 2014 The Audit Committee has appointed KPMG as the…
Summary of Proposals Proposal 1 Election of Directors Proposal 2 Approval of Amended and Restated 2012 Long-Term Incentive Plan Proposal 3 Advisory Vote on Named Executive Officer Compensation Proposal 4 Ratification of the…
Oil and Natural Gas Proved Reserves and PV-10(1) Growth By Area Permian Permian 377.7 million, 35% 246.2 million, 24% Permian 31.9 million, 5% Haynesville/CV 82.9 million, 13% Haynesville/CV Haynesville/CV 153.0 million,…
Matadors Execution History Doing What We Say Matador continues to execute on its core strategy of acquiring great assets, developing a highly professional, committed workforce, maintaining a strong balance sheet and generating…
Financial Strategy Be prudent with our investors capital Reduced drilling program from 5 rigs at YE2014 to 2 rigs currently due to lower commodity prices, with primary focus on Permian (Delaware) Basin 2015E CapEx highest in Q1 2015…
Matadors Continued Production Growth Average Daily Oil Production Average Daily Natural Gas Production (Bbl/d) 11,206 (MMcf/d) 73.8 9,095 5,843 39.8 41.9 34.1 35.4 3,317 23.0 91 422 2010 2011 2012 2013 2014 Q1 2015 2010…
Matador Has Experienced Strong Reserves and Adjusted EBITDA(1) Growth in Recent Years Growth in PV-10(2) Over Last 5 Years PV-10(2) per Share 1,200 ( per share) 14.86 SEC Pricing 91.48 oil 1,100 4.35 gas Oil, /Bbl 1,000 Gas,…
Previous Oil Price Declines Have Created Opportunities for Matador(1) Comparison of Major Oil Corrections and Major Matador Turning Points Since 1980 Length of Oil Price % Increase in Oil % Change in Decline Price Date Event Oil…
Keys to Matadors Success Over Last 35 Years(1) People We have a strong, committed technical and financial team in place, and we continue to make additions and improvements to our staff, our capabilities and our processes Board and…
Matador Resources Company Operations Overview Market Capitalization(1) 2.4 billion Avg. Daily Production Q1 2015(2) 23,513 BOE/d +98%** 38% of total production Almost no oil Oil (% total) 11,206 Bbl/d (48%) 72% of total natural…
Permian Basin Acreage Position and Recent Test Results Successful performance of initial horizontal wells(1) Cumulative Production Recent Production TWIN LAKES Oil Eq. % Oil Natural Gas EUR(2) 42,858 gross / 30,035 net acres Well…
Matador is a Significant Delaware Basin Player Matadors 85,400 net acres place it among the largest operators in the Delaware Basin Matador holds largest Delaware Basin acreage position among small and mid-cap publicly traded energy…
Annual Meeting of Shareholders June 10, 2015 NYSE: MTDR
Improving Wolfcamp Drilling Times 50 (1) Historical Well 45 43 2015 Planned Well 40 (2) Recent Well 35 35 32 30 Drilling Days 26 25 23 20 15 15 10 5 0 Loving County Wolfcamp Eddy County Wolfcamp (1)…
Artificial Lift Reducing Natural Production Declines Flowing Rod Pumping Gas Lifting Benefits of Gas Lift Accelerates production Accelerated Production Reduces LOE 300 Bbl/d Lower maintenance Helps wells recover faster from…
Loving County, TX Biggest Project to Date Gas Gathering and Compression Cryogenic Gas processing plant Water Gathering Salt Water Disposal Oil Gathering 47
Loving County Midstream Projects Commercial Salt Water Disposal Facility Cryogenic Natural Gas Processing Plant 48
Midstream Initiatives Growing into Respectable Stand-Alone Business Expect to spend 38 million on midstream initiatives in the Permian Basin in 2015 Matador expects Longwood to be able to support its own sources of financing…
This slide is animated. Please refer to the webcast of the Annual Meeting available on the Companys website Prospect Overview at www.matadorresources.com. NORTHWEST LOUISIANA AND EAST TEXAS Acreage 27,251 gross / 24,396 net…
This slide is animated. Please refer to the webcast of the Annual Meeting available on the Companys website Permian Overview at www.matadorresources.com. Matador plans to test an additional 2 horizons in 2015 Delaware Group…
Matador Oil and Natural Gas Reserves The Fuel that Drives the Engine Company oil and natural gas reserves are built on solid foundation AND growing Evaluated quarterly AND reviewed and qualified by independent professional engineers…
SEC Proved Reserves Value Growth By Area YE 2013 YE 2014 Q1 2015 Haynesville/CV Haynesville/CV Haynesville/CV 14% 13% 18% Permian 5% Permian Permian 24% 35% Eagle Ford Eagle Ford Eagle Ford 82% 58% 51% PV-10…
Matadors SEC Proved Reserves Growth 35 350 Start Permian Oil Program 30 300 Gas Eagle Ford Gas Development Oil Reserves, MMBbl Gas Reserves, Bcf 25 Oil 250 Gas 20 200 Oil 15 150 10 100 5 50 0 0 2013 2014…
Loading...
