Matador Resources Company Stock News

DALLAS--(BUSINESS WIRE)--Yesterday, on October 28, 2024, Enterprise Products Partners L.P. (“Enterprise”) announced that it had completed its acquisition of Piñon Midstream, LLC (“Piñon”). Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced it had received its share of the sales proceeds, or approximately $113 million, for Matador's approximate 19% ownership inte...

Matador expects to produce over 200,000 BOEPD in 2025. This is driven by solid operational performance plus its Ameredev acquisition. MTDR is projected to generate over $7 per share in 2025 free cash flow at the current strip.

Matador Resources Company (NYSE:MTDR ) Q3 2024 Earnings Conference Call October 23, 2024 11:00 AM ET Company Participants Mac Schmitz - VP, IR Joseph Foran - Chairman, CEO and Secretary Brian Willey - CFO, EVP and President, Midstream Operations Robert Macalik - EVP and CAO Christopher Calvert - COO and EVP Glenn Stetson - EVP, Production Edmund Frost - EVP, Geosciences Van Singleton - Presiden...

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that its Board of Directors revised and amended the Company's dividend policy. Pursuant to the new policy, the Company intends to pay cash dividends on its common stock of $0.25 per share per quarter, or $1.00 per share per year, beginning in the fourth quarter of 2024, which is a 25% in...

Oil stocks are looking to move higher, with Halliburton in the mix.

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release third quarter 2024 operational and financial results after the close of trading on Tuesday, October 22, 2024. Management will also host a live conference call on Wednesday, October 23, 2024, at 10:00 a.m. Central Time to review third quarter 2024 financial results and op...

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced the closing of its previously announced senior notes offering and provided an operational update. Closing of Senior Notes Offering On September 25, 2024, Matador successfully closed its private offering (the “Offering”) of $750 million of 6.250% senior unsecured notes due 2033. Matador i...

Matador Resources' acquisition of Ameredev II for $1.832 billion will significantly boost its enterprise value by nearly $2 billion, enhancing its Delaware Basin portfolio. The deal is strategically advantageous, as MTDR acquired Ameredev II at a bargain price compared to EnCap's 2022 valuation of $4 billion. MTDR's forward P/E ratio of 7.14X indicates the stock is undervalued, presenting a sub...