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Recent Updates — MTDR

September 10, 2026View Source ↗

On September 9, 2026, Van H. Singleton II retired as Co-President and transitioned to Special Advisor to the Board with an annual fee of $450,000. Bryan A. Erman assumed Mr. Singleton’s role as Co-President, while Jonathan J. Filbert took over land and acquisition responsibilities. Matador Resources Company operates in the oil and gas exploration and production industry.

August 5, 2026View Source ↗

Matador Resources Company reported second quarter 2026 results on August 5, 2026, generating net income of $390.7 million and adjusted free cash flow of $303.2 million. The company increased its full-year 2026 oil production guidance to 127,500–129,000 barrels per day, reflecting a 7% year-over-year growth expectation. Management announced the acquisition of Paloma Permian and Ridge Runner Resources acreage in the Delaware Basin, expected to close in Q4 2026, adding approximately four years of drilling inventory. Additionally, San Mateo Midstream completed its acquisition of Cardinal Midstream on July 31, 2026. Matador repaid over $200 million in borrowings and increased its RBL elected commitment level to $2.75 billion. The company operates as an independent energy firm focused on the exploration, development, production, and acquisition of oil and natural gas resources in the United States.

July 24, 2026View Source ↗

On July 22, 2026, Matador Resources entered into two definitive agreements to acquire oil and gas assets in the Delaware Basin. The company will acquire Paloma Permian LLC for $1.275 billion in cash, adding 16,235 net undeveloped acres in New Mexico and estimated Q3 2026 production of 10,600 to 11,600 BOE per day. Additionally, Matador agreed to acquire undeveloped acreage from Ridge Runner Resources II, LLC, bringing its total Woodford formation position to approximately 50,000 net acres. Both transactions are expected to close in early Q4 2026 with an effective date of June 1, 2026. The company also reported successful test results from its Rae's Creek exploratory well, which recorded initial production exceeding 2,200 BOE per day. Matador is an independent energy company focused on the exploration, development, and production of oil and natural gas resources in the United States.

July 22, 2026View Source ↗

Matador Resources Company declared a quarterly cash dividend of $0.375 per share of common stock, which is payable on September 8, 2026, to shareholders of record as of August 10, 2026. Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States.

June 16, 2026View Source ↗

On June 10, 2026, MRC Energy Company, a subsidiary of Matador Resources Company, entered into an eighth amendment to its Fourth Amended and Restated Credit Agreement. The amendment reaffirmed a $3.25 billion borrowing base and increased aggregate elected borrowing commitments from $2.25 billion to $2.75 billion. Additionally, the company held its Annual Meeting of Shareholders on June 11, 2026, where shareholders elected three Class III directors, approved executive compensation, and ratified KPMG LLP as the independent auditor. Matador Resources Company is an energy company engaged in oil and gas exploration and production.