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Matador Resources Co (MTDR.N)

MTDR.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Matador Resources Company Reports First Quarter 2019 Results And Provides Operational Update
Wednesday, 1 May 2019 04:15pm EDT 

May 1 (Reuters) - Matador Resources Co ::MPANY REPORTS FIRST QUARTER 2019 RESULTS AND PROVIDES OPERATIONAL UPDATE.Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.19.Q1 GAAP LOSS PER SHARE $0.15.Q1 EARNINGS PER SHARE ESTIMATE $0.17 -- REFINITIV IBES DATA.Q1 2019 AVERAGE DAILY OIL EQUIVALENT PRODUCTION INCREASED 8% SEQUENTIALLY TO 59,900 BARRELS OF OIL EQUIVALENT ("BOE") PER DAY.QTRLY AVERAGE DAILY OIL PRODUCTION INCREASED 3% SEQUENTIALLY TO 34,500 BARRELS PER DAY.MAKING NO ADJUSTMENTS AT THIS TIME TO ITS FULL-YEAR 2019 OIL, NATURAL GAS OR TOTAL OIL EQUIVALENT PRODUCTION GUIDANCE.ESTIMATES ITS AVERAGE DAILY OIL PRODUCTION SHOULD INCREASE 1 TO 2% IN Q2 AS COMPARED TO Q1 OF 2019.ESTIMATES ITS AVERAGE DAILY NATURAL GAS PRODUCTION SHOULD DECREASE BY 7 TO 9% IN Q2 AS COMPARED TO Q1 OF 2019.QTRLY TOTAL REVENUES $173.9 MILLION VERSUS $191.2 MILLION.Q1 REVENUE VIEW $201.2 MILLION -- REFINITIV IBES DATA.  Full Article

Matador Resources Company Reports Fourth Quarter And Full Year 2018 Results
Tuesday, 26 Feb 2019 04:29pm EST 

Feb 26 (Reuters) - Matador Resources Co ::MPANY REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS AND PROVIDES OPERATIONAL UPDATE.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.37.Q4 EARNINGS PER SHARE ESTIMATE $0.26 -- REFINITIV IBES DATA.Q4 GAAP EARNINGS PER SHARE $1.17.Q4 2018 AVERAGE DAILY OIL EQUIVALENT PRODUCTION INCREASED 2% SEQUENTIALLY.QUARTERLY AVERAGE DAILY OIL EQUIVALENT PRODUCTION 55,500 BARRELS OF OIL EQUIVALENT PER DAY (60% OIL).QTRLY TOTAL OIL EQUIVALENT NET PRODUCTION VOLUMES 5,109 MBOE VERSUS 4,022 MBOE.QTRLY OIL AND NATURAL GAS REVENUES $193.5 MILLION VERSUS $165.1 MILLION.  Full Article

Matador Resources Company Announces Plans To Reduce Drilling Activity And Provides Operational Update
Wednesday, 30 Jan 2019 04:33pm EST 

Jan 30 (Reuters) - Matador Resources Co ::MATADOR RESOURCES COMPANY ANNOUNCES PLANS TO REDUCE DRILLING ACTIVITY AND PROVIDES OPERATIONAL UPDATE.MATADOR RESOURCES CO - MATADOR EXPECTS TO DIVEST PORTIONS OF ITS NON-CORE ASSETS.MATADOR RESOURCES CO - WORKING TO IMPLEMENT PRACTICES TO IMPROVE CAPITAL EFFICIENCY IN ITS 2019 OPERATIONS.MATADOR RESOURCES CO - PLANS TO FOCUS ON CONTINUING ITS EXPLORATION AND PRODUCTION ACTIVITIES IN DELAWARE BASIN.MATADOR RESOURCES - PLANS TO REDUCE OPERATED DRILLING PROGRAM BY RELEASING ITS SOUTH TEXAS RIG UPON COMPLETION OF SOUTH TEXAS DRILLING PROGRAM IN FEB.MATADOR RESOURCES CO - "CONFIDENT IT HAS MORE THAN SUFFICIENT LIQUIDITY TO ACCOMPLISH ITS 2019 FINANCIAL AND OPERATING PLANS".  Full Article

Matador Resources Announces Extension Of Registered Exchange Offer For 5.875 Pct Senior Notes Due 2026
Tuesday, 18 Dec 2018 06:45am EST 

Dec 18 (Reuters) - Matador Resources Co ::MATADOR RESOURCES COMPANY ANNOUNCES EXTENSION OF REGISTERED EXCHANGE OFFER FOR PREVIOUSLY ISSUED 5.875% SENIOR NOTES DUE 2026.MATADOR RESOURCES CO - EXCHANGE OFFER, WILL NOW EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON DECEMBER 19, 2018.  Full Article

Matador Resources Added A 7th Operated Drilling Rig To Its Drilling Program
Monday, 1 Oct 2018 08:35am EDT 

Oct 1 (Reuters) - Matador Resources Co ::MATADOR RESOURCES CO - EFFECTIVE OCTOBER 1, 2018, COMPANY ADDED A SEVENTH OPERATED DRILLING RIG TO ITS DRILLING PROGRAM ON A SHORT-TERM CONTRACT.MATADOR RESOURCES CO - COMPANY THEN EXPECTS TO OPERATE THE SEVENTH RIG IN DELAWARE BASIN THROUGHOUT REMAINDER OF 2019.MATADOR RESOURCES- FIRST FEW WELLS IN SOUTH TEXAS DRILLING PROGRAM ARE EXPECTED TO BE COMPLETED, PLACED ON PRODUCTION IN LATE NOV AND EARLY DEC 2018.MATADOR RESOURCES CO - EXPECTS INITIAL PRODUCTION FROM THESE WELLS WILL HAVE A LIMITED IMPACT ON ITS Q4 AND FULL-YEAR 2018 PRODUCTION ESTIMATES.MATADOR RESOURCES CO - EXPECTS THESE WELLS WILL ADD TO ITS OIL AND NATURAL GAS PRODUCTION, RESERVES AND CASH FLOW IN 2019 AND BEYOND.  Full Article

Matador Resources Company Prices Offering Of $750 Million Of Senior Notes Due 2026
Tuesday, 7 Aug 2018 05:09pm EDT 

Aug 7 (Reuters) - Matador Resources Co ::MATADOR RESOURCES COMPANY PRICES OFFERING OF $750 MILLION OF SENIOR NOTES DUE 2026.MATADOR RESOURCES CO - NOTES WILL BE ISSUED AT PAR.MATADOR RESOURCES CO - INCREASED SIZE OF OFFERING FROM PREVIOUSLY ANNOUNCED $700 MILLION TO $750 MILLION.  Full Article

Matador Resources Q2 Adjusted Earnings Per Share $0.41
Wednesday, 1 Aug 2018 04:26pm EDT 

Aug 1 (Reuters) - Matador Resources Co ::REPORTS SECOND QUARTER 2018 RESULTS, PROVIDES OPERATIONAL UPDATE AND INCREASES 2018 GUIDANCE ESTIMATES.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.41.Q2 EARNINGS PER SHARE VIEW $0.33 -- THOMSON REUTERS I/B/E/S.Q2 GAAP EARNINGS PER SHARE $0.53.INCREASES 2018 GUIDANCE ESTIMATES.MATADOR RESOURCES - Q2 AVERAGE DAILY OIL EQUIVALENT PRODUCTION INCREASED 17% SEQUENTIALLY TO 52,900 BOE PER DAY.MATADOR RESOURCES - SEES 2018 TOTAL OIL PRODUCTION 10.6 MILLION BBL TO 10.9 MILLION BBL.MATADOR RESOURCES - SEES 2018 TOTAL NATURAL GAS PRODUCTION 46.0 BCF TO 47.0 BCF.MATADOR RESOURCES - SEES 2018 TOTAL OIL EQUIVALENT PRODUCTION 18.3 MILLION BOE TO 18.7 MILLION BOE.MATADOR RESOURCES - SEES 2018 ADJUSTED EBITDA $495 MILLION TO $515 MILLION.MATADOR RESOURCES - SEES 2018 D/C/E CAPEX $620 MILLION TO $650 MILLION.  Full Article

Matador Resources Co Prices Public Offering Of Common Stock
Tuesday, 15 May 2018 08:55am EDT 

May 15 (Reuters) - Matador Resources Co ::MPANY ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK.SAYS PRICED OFFERING 7.00 MILLION COMMON SHARES.TOTAL ESTIMATED GROSS PROCEEDS OF OFFERING, BEFORE ESTIMATED FEES AND EXPENSES, ARE APPROXIMATELY $229.3 MILLION.  Full Article

Matador Resources reports Q3 earnings per share of $0.15
Monday, 6 Nov 2017 08:32pm EST 

Nov 6 (Reuters) - Matador Resources Co -:Matador Resources Company reports third quarter 2017 results, provides operational update and increases 2017 guidance estimates.Q3 adjusted earnings per share $0.18.Q3 GAAP earnings per share $0.15.Q3 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.Matador Resources Co says ‍average daily natural gas production increased 5% to approximately 110.5 million cubic feet per day in Q3 of 2017​.Matador Resources Co says ‍average daily oil equivalent production increased 14% sequentially to approximately 42,000 BOE per day (56% oil) in Q3.Sees ‍full-year 2017 oil production estimate of 7.725 to 7.75 million barrels​.  Full Article