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Matador Resources Co

NYSE:MTDR
US$52.85Close 7 Oct 2026 · delayed

Past year: ▲ 34%(39.46 – 63.44 USD)

Market cap
A$9.25bn
Shares on issue
124m
Story beats
31 since 2017
Last event
24 July 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

24 July 2026material agreement▲ GoodMajor

Matador agreed to buy Paloma Permian for $1.275 billion cash -- its third billion-dollar-plus Delaware Basin acquisition in under four years -- adding producing properties and undeveloped acreage in Eddy and Lea Counties, New Mexico, with the deal backed by a representation-and-warranty insurance policy in place of seller indemnities.

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22 July 2026dividend declaration▲ Good

Dividend held steady at $0.375 per share.

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22 Apr 2026dividend declaration▲ Good

Dividend held steady at $0.375 per share.

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5 Mar 2026debt financing▲ GoodMajor

The new 2034 notes closed, netting about $737 million.

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27 Feb 2026material agreement▲ GoodMajor

Matador priced a $750 million offering of 6.000% senior notes due 2034 at par, with about $736.5 million of expected net proceeds. It planned to use them to tender for all $500 million of its 6.875% 2028 notes and repay credit facility borrowings.

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17 Feb 2026dividend declaration▲ Good

Dividend held steady at $0.375 per share.

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11 Dec 2025debt financing▲ Good

Matador's credit facility was amended to remove a 0.10% SOFR credit-spread adjustment (a small effective rate cut) while reaffirming the $3.25 billion borrowing base and $2.25 billion elected commitment.

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15 Oct 2025dividend declaration▲ GoodMajor

Matador raised its fixed dividend 20%, to $0.375 per share per quarter ($1.50 a year, up from $1.25), starting in the fourth quarter of 2025. The CEO called it the seventh increase in four years.

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15 July 2025dividend declaration▲ Good

Dividend held steady at $0.3125 per share.

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16 Apr 2025dividend declaration▲ GoodMajor

Matador declared a quarterly cash dividend of $0.3125 per share, payable June 6, 2025 to shareholders of record as of May 9, 2025, under the dividend policy the board adopted in February 2025.

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16 Oct 2024dividend declaration▲ GoodMajor

Matador raised its dividend to $0.25 per share ($1.00/year), the first increase since the 33% raise a year earlier -- continued growth in shareholder returns alongside its acquisition-driven expansion.

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25 Sept 2024debt financing▲ GoodMajor

The 2033 notes closed, netting about $736 million.

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20 Sept 2024material agreement▲ GoodMajor

Following the Ameredev close, Matador priced $750 million of new 6.250% Senior Notes due 2033 to help term out the acquisition debt.

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19 Sept 2024asset acquisition disposition▲ GoodMajor

Matador closed the Ameredev Stateline II acquisition for an adjusted $1.832 billion, funded in part by drawing the full $250 million new term loan and expanding its revolver commitment to $2.25 billion -- total borrowings under the credit facility reached $1.865 billion.

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18 July 2024dividend declaration▲ Good

Dividend held steady at $0.20 per share.

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12 June 2024material agreement▲ GoodMajor

Matador agreed to buy Ameredev Stateline II for $1.905 billion cash -- its second blockbuster Delaware Basin deal in under 18 months -- adding producing properties and undeveloped acreage in Lea County, New Mexico and Loving/Winkler Counties, Texas, plus a roughly 19% stake in Pinon Midstream, LLC. To help fund it, Matador lined up a new $250 million term loan and an increase in its revolver commitment to $2.25 billion.

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17 Apr 2024dividend declaration▲ Good

Dividend held steady at $0.20 per share.

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2 Apr 2024debt financing▲ GoodMajor

Matador's tender offer for its 5.875% 2026 notes expired with about $556.3 million (roughly 80%) tendered, and it closed the $900 million 6.500% 2032 notes sale. It planned to redeem the remaining 2026 notes on September 15, 2024.

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28 Mar 2024material agreement▲ GoodMajor

Matador sold 5,250,000 shares of common stock in an underwritten public offering, with the underwriters buying at $65.65 per share. The offering closed on March 28, 2024.

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27 Mar 2024material agreement▲ GoodMajor

Matador priced $900 million of new 6.500% Senior Notes due 2032, positioning to refinance its existing 2026 notes at a longer maturity.

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25 Mar 2024debt financing● Neutral

Matador amended its credit facility, raising the maximum facility amount from $2.0 billion to $3.5 billion and elected commitments from $1.325 billion to $1.5 billion, and extending maturity to March 2029. The $2.5 billion borrowing base was reaffirmed and PNC Bank replaced Truist as administrative agent.

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13 Feb 2024dividend declaration▲ Good

Dividend held steady at $0.20 per share.

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19 Oct 2023debt financing▲ GoodMajor

Matador again expanded its credit facility (borrowing base to $2.5 billion, maximum facility to $2.0 billion, elected commitment to $1.325 billion) and, in the same announcement, raised its dividend 33% to $0.20 per share -- continued balance-sheet growth alongside returning more cash to shareholders.

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19 July 2023dividend declaration▲ Good

Dividend held steady at $0.15 per share.

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18 Apr 2023dividend declaration▲ Good

Dividend held steady at $0.15 per share.

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13 Apr 2023asset acquisition disposition▲ GoodMajor

Matador closed the Advance Energy Partners acquisition on April 12, 2023, paying an as-adjusted cash price of about $1.598 billion, subject to post-closing adjustments. It may owe $7.5 million for each 2023 month when WTI averages above $85.

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11 Apr 2023debt financing▲ GoodMajor

Matador closed the $500 million 6.875% senior notes due 2028, receiving net proceeds of $487.6 million. The notes mature April 15, 2028, are guaranteed by subsidiaries, and holders can require repurchase at 101% on a change of control.

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4 Apr 2023material agreement▲ GoodMajor

Matador priced a private offering of $500 million of 6.875% senior unsecured notes due 2028, upsized from the previously announced $400 million. Net proceeds of about $487.6 million are intended for general corporate purposes.

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3 Apr 2023debt financing▲ GoodMajor

Ahead of closing the Advance Energy Partners deal, Matador expanded its credit facility (elected commitment from $775 million to $1.25 billion, borrowing base reaffirmed at $2.25 billion) and switched administrative agents from Royal Bank of Canada to Truist Bank; it also announced plans for a $400 million private notes offering.

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15 Feb 2023dividend declaration▲ GoodMajor

Matador raised its dividend 50%, to $0.15 per share, under a policy adopted in December 2022.

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