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Matador Resources Co (MTDR.N)

MTDR.N on New York Stock Exchange

22.70USD
25 May 2017
Change (% chg)

$-0.78 (-3.32%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Matador Resources says entered into an amendment to revolving credit agreement
Thursday, 4 May 2017 07:22am EDT 

May 4 (Reuters) - Matador Resources Co ::Matador Resources Co - on april 28, 2017, mrc energy company, entered into an amendment to revolving credit agreement - sec filing.Matador Resources - pursuant to amendment, borrowing base increased to $450.0 million,maximum facility amount remained unchanged at $500.0 million.Matador Resources Co - pursuant to amendment, maximum facility amount remained unchanged at $500.0 million.Matador Resources Co - company chose to keep elected borrowing commitment at $400.0 million.  Full Article

Matador Resources Q1 GAAP earnings per share $0.44
Wednesday, 3 May 2017 06:38pm EDT 

May 3 (Reuters) - Matador Resources Co :Matador Resources company reports first quarter 2017 results and provides operational update.Q1 adjusted non-GAAP earnings per share $0.17.Q1 GAAP earnings per share $0.44.Q1 earnings per share view $0.09 -- Thomson Reuters I/B/E/S.Says average daily oil production increased 17% sequentially to about 18,300 barrels per day in Q1 of 2017.Matador Resources Co qtrly average daily oil equivalent production of approximately 33,000 boe per day versus 30,000 boe per day in Q4 of 2016.Qtrly total revenue $134.8 million versus $44.6 million.Matador Resources - sees capital expenditures of $400 to $420 million for drilling, completing, equipping operated, non-operated wells in 2017.Matador Resources Co - affirms its 2017 guidance as updated on March 23, 2017.Matador Resources Co - estimates that its oil production in Q2 will increase by 2 to 4%;total oil equivalent production growth of 3 to 5% from Q1 2017.  Full Article

Matador Resources says unaware of any basis for recent reports that co may be a potential takeover target
Thursday, 6 Apr 2017 07:47am EDT 

Matador Resources Co :Matador Resources Co - "at this time company is unaware of any basis for recent reports that company may be a potential takeover target".  Full Article

Matador Resources updates 2017 guidance
Thursday, 23 Mar 2017 06:45am EDT 

Matador Resources Co : Matador Resources Company updates 2017 guidance . Matador's 2017 capital investment plans remain same as previously disclosed on February 22, 2017 . Matador Resources co sees 2017 oil production of 6.9 to 7.2 million barrels, an increase of 38% at midpoint of 2017 guidance . Matador Resources Co - sees 2017 natural gas production of 33.0 to 35.0 billion cubic feet, an increase of 11% at midpoint of 2017 guidance . Matador Resources Co sees FY 2017 drilling and completions capital expenditures (including equipping wells for production) of $400 to $420 million . Matador Resources Co sees 2017 adjusted EBITDA of $255 to $275 million . Matador Resources -sees 2017 total oil equivalent production of 12.4 million boe to 13.0 million boe . Matador Resources Co - in addition, at these oil and natural gas prices, matador estimates a realized loss on derivatives of about $11 million in 2017 . Matador Resources Co- sees 2017 midstream capital expenditures of $56 to $64 million .Matador Resources Co sees FY 2017 midstream capital expenditures of $56 to $64 million.  Full Article

Matador Resources reports Q4 GAAP earnings per share $1.09
Wednesday, 22 Feb 2017 05:15pm EST 

Matador Resources Co : Matador Resources Company reports fourth quarter and full year 2016 results and provides operational update and 2017 guidance . Q4 adjusted non-GAAP earnings per share $0.08 . Q4 earnings per share view $0.08 -- Thomson Reuters I/B/E/S . Q4 GAAP earnings per share $1.09 . Matador Resources Co sees 2017 oil production of 6.7 to 7.0 million barrels . Matador Resources Co sees 2017 natural gas production of 33.0 to 35.0 billion cubic feet . Matador Resources Co sees 2017 total oil equivalent production of 12.2 to 12.8 million boe . Matador Resources - Q4 average daily total production of approximately 30,000 boe per day, an increase of 2pct sequentially . Sees FY17 midstream capital expenditures of $56 to $64 million . Matador Resources Co sees 2017 adjusted ebitda of $245 to $265 million . Matador Resources Co - from January 1 through mid-february 2017, matador has averaged oil production of approximately 17,500 barrels per day . Matador Resources Co - at February 22, 2017, matador estimates that its Q1 2017 average oil equivalent production will be about 32,000 boe per day . Matador Resources Co - expects to operate four drilling rigs in delaware basin in Q1 2017, adding a fifth drilling rig in Delaware basin in Q2 of 2017.  Full Article

Matador Resources announces formation of JV for Delaware basin midstream assets
Friday, 17 Feb 2017 09:02am EST 

Matador Resources Co : Matador Resources company announces formation of joint venture for Delaware basin midstream assets . Matador Resources Co - Matador received $171.5 million in connection with formation of joint venture . Matador Resources Co - Matador will continue to operate midstream assets and control joint venture . Matador Resources Co - matador and five point owned 51% and 49% of joint venture, respectively . Matador Resources Co - five point provided initial cash consideration of $176.4 million to joint venture in exchange for its 49% interest . Matador Resources - implied value of midstream assets and associated gathering, processing and disposal agreements was approximately $500 million at closing .Matador Resources Co - Matador also announced its plans to add a fifth operated drilling rig in delaware basin beginning early in q2 of 2017.  Full Article

Matador Resources announces pricing of upsized public offering of common stock
Tuesday, 6 Dec 2016 06:30am EST 

Matador Resources Co : Matador Resources Co - total gross proceeds of offering, before estimated offering fees and expenses, are approximately $147.9 million . Matador Resources Co - priced an upsized underwritten public offering of 6 million shares of its common stock .Matador Resources Company announces pricing of upsized public offering of common stock.  Full Article

Matador Resources offers $150 mln of additional senior notes due 2023
Monday, 5 Dec 2016 04:11pm EST 

Matador Resources Co : Matador Resources Company announces offering of $150 million of additional senior notes due 2023 . Matador Resources Co - Offering of $150 million of additional senior notes due 2023 . Says additional notes are being offered as notes to Matador's principal amount of 6.875% senior notes due 2023 .Matador Resources Co - Additional notes being offered as additional notes to co's existing $400 million principal amount of 6.875% senior notes due 2023.  Full Article

Matador Resources Q2 adjusted non-gaap loss per share $0.01 excluding items
Wednesday, 3 Aug 2016 04:15pm EDT 

Matador Resources Co : Q2 gaap loss per share $1.15 . Q2 earnings per share view $-0.10 -- Thomson Reuters I/B/E/S . Matador resources company reports second quarter 2016 results . Q2 adjusted non-gaap loss per share $0.01 excluding items . Oil production is expected to increase by 6 to 7% in q3 and by approximately same amount again in q4 of 2016 . Natural gas production is expected to decline by about 8 to 9% in q3 and then by another 4 to 5% in q4 of 2016 . Qtrly average daily production of approximately 28,000 barrels of oil equivalent ("boe") per day, an increase of 18% sequentially . Has ample liquidity to continue its three-rig drilling program in delaware basin for remainder of 2016 and 2017 .Total oil equivalent production expected to remain relatively flat to q2 2016 production volumes during remaining two qtrs of 2016.  Full Article

Matador Resources Co gives FY 2016 production and EBITDA guidance
Wednesday, 3 Feb 2016 06:00am EST 

Matador Resources Co:Expects FY 2016 oil production guidance of 4.9 to 5.1 million barrels.Expect FY 2016 adjusted EBITDA guidance of $120 to $130 million.  Full Article

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BRIEF-Matador Resources says entered into an amendment to revolving credit agreement

* Matador Resources Co - on april 28, 2017, mrc energy company, entered into an amendment to revolving credit agreement - sec filing