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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 Announces Commencement Of Public Offering Of Common Stock
Monday, 14 May 2018 04:13pm EDT 

May 14 (Reuters) - Matador Resources Co ::MATADOR RESOURCES COMPANY ANNOUNCES COMMENCEMENT OF PUBLIC OFFERING OF COMMON STOCK.MATADOR RESOURCES CO - HAS COMMENCED AN UNDERWRITTEN PUBLIC OFFERING OF 7 MILLION SHARES OF ITS COMMON STOCK.MATADOR RESOURCES CO - INTENDS TO USE NET PROCEEDS FROM OFFERING TO FUND ACQUISITION OF LEASEHOLD AND MINERAL ACRES IN DELAWARE BASIN.  Full Article

Matador Resources Q4 Adjusted EPS $0.25
Wednesday, 21 Feb 2018 04:15pm EST 

Feb 21 (Reuters) - Matador Resources Co ::MPANY REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS AND PROVIDES OPERATIONAL UPDATE AND 2018 GUIDANCE.Q4 ADJUSTED EARNINGS PER SHARE $0.25.Q4 GAAP EARNINGS PER SHARE $0.35.‍ AVERAGE DAILY OIL PRODUCTION INCREASED 5 PERCENT SEQUENTIALLY TO ABOUT 24,700 BARRELS PER DAY IN Q4​.‍ AVERAGE DAILY OIL EQUIVALENT PRODUCTION INCREASED 4 PERCENT SEQUENTIALLY TO ABOUT 43,700 BOE PER DAY IN Q4​.SEES ‍2018 OIL PRODUCTION OF 9.7 MILLION TO 10.1 MILLION BARRELS​.SEES 2018 TOTAL OIL EQUIVALENT PRODUCTION OF 16.5 MILLION TO 17.3 MILLION BOE​.SEES ‍2018 MIDSTREAM CAPITAL EXPENDITURES OF $70 MILLION TO $90 MILLION.SEES ‍2018 ADJUSTED EBITDA, OF $425 MILLION TO $455 MILLION​.MATADOR RESOURCES - ‍ ANTICIPATES OIL PRODUCTION IN Q1 WILL BE RELATIVELY FLAT VERSUS Q4 OF 2017, BEFORE GROWING AGAIN IN SUBSEQUENT QTRS OF 2018​.‍ESTIMATES Q4 2018 AVERAGE DAILY OIL PRODUCTION BETWEEN 28,500 AND 29,500 BARRELS OF OIL PER DAY​.‍ANTICIPATES A SMALL DECLINE OF 3 TO 5% IN ITS NATURAL GAS PRODUCTION IN Q1 OF 2018, AS COMPARED TO Q4 OF 2017​.QTRLY ‍OIL AND NATURAL GAS REVENUES $165.1 MILLION VERSUS $94.8 MILLION.Q4 EARNINGS PER SHARE VIEW $0.23, REVENUE VIEW $148.7 MILLION -- THOMSON REUTERS I/B/E/S.  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

Matador Resources has priced an underwritten public offering of 8 mln shares of its common stock
Thursday, 5 Oct 2017 06:30am EDT 

Oct 5 (Reuters) - Matador Resources Co : :Matador Resources Co announces pricing of public offering of common stock.Matador Resources Co - has priced an underwritten public offering of 8 million shares of its common stock..Matador Resources Co - ‍it has priced an underwritten public offering of 8,000,000 shares of its common stock​.Matador Resources Co - ‍total estimated gross proceeds of offering, before estimated offering fees and expenses, are approximately $210.8 million​.  Full Article

Matador Resources announces commencement of public offering of common stock
Wednesday, 4 Oct 2017 04:06pm EDT 

Oct 4 (Reuters) - Matador Resources Co :Matador Resources Company announces commencement of public offering of common stock.Matador Resources Co - ‍commenced an underwritten public offering of 8 million shares of its common stock​.Matador Resources - intends to use net proceeds to fund purchase price for approximately 9,800 gross acres in Delaware basin.Matador Resources - intends to use proceeds from offering to fund capital expenditures for midstream initiatives in delaware basin in progress.Matador-Intends to use proceeds from offering to fund capital expenditures for midstream initiatives in Delaware basin expected to begin end of Q1 2018.  Full Article

Matador Resources Q2 GAAP earnings per share $0.28
Wednesday, 2 Aug 2017 04:15pm EDT 

Aug 2 (Reuters) - Matador Resources Co ::Matador Resources Company reports second quarter 2017 results, provides operational update and increases 2017 guidance estimates.Q2 adjusted non-GAAP earnings per share $0.11.Q2 GAAP earnings per share $0.28.Q2 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.Matador Resources - average daily oil production rose 6% sequentially from about 18,300 barrels/day in q1 2017 to about 19,400 barrels/day in q2 of 2017​.Matador Resources - ‍average daily natural gas production rose 19% sequentially to about 105.0 million cubic feet/day in Q2 2017​.Matador Resources Co - ‍average daily oil equivalent production increased 12% sequentially to approximately 36,900 boe per day (53% oil) in q2 of 2017​.Matador Resources Co - ‍expects to continue to focus remainder of its capital expenditures in Delaware Basin for rest of 2017​.Matador Resources Co sees ‍fy 2017 oil production of 7.1 to 7.3 million barrels​.Matador Resources Co sees FY 2017 ‍natural gas production of 35.0 to 37.0 billion cubic feet​.Matador Resources Co sees FY 2017 ‍total oil equivalent production of 12.9 to 13.5 million boe​.Matador Resources Co sees FY 2017 adjusted EBITDA ‍of $260 to $280 million​.  Full Article

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

BRIEF-Matador Resources Co Prices Public Offering Of Common Stock

* TOTAL ESTIMATED GROSS PROCEEDS OF OFFERING, BEFORE ESTIMATED FEES AND EXPENSES, ARE APPROXIMATELY $229.3 MILLION Source text for Eikon: Further company coverage: