The Board of Directors amended the Company’s dividend policy and declared a quarterly cash dividend of $0.4375 per share of common stock. The payment is payable on December 4, 2026 to shareholders of record as of November 10, 2026. This represents a 17% increase from the prior policy of $0.375 per share per quarter, or $1.50 per share per year. The new annual rate is $1.75 per share. Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources.