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Matador Resources Co (MTDR.N)

MTDR.N on New York Stock Exchange

28.07USD
22 Nov 2017
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$0.51 (+1.85%)
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Latest Key Developments (Source: Significant Developments)

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

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

BRIEF-Matador Resources reports Q3 earnings per share of $0.15

* Matador Resources Company reports third quarter 2017 results, provides operational update and increases 2017 guidance estimates