MTDR News and Press, Matador Resources Company From 06/14/22

Billionaire wildcatter Howard Hamm's $70/share bid for the remainder of Continental Resources (NYSE:CLR) he doesn't already own is likely not a large enough price for the shale driller, according to analysts. CLR shares rose 15%, trading at $73.60, indicating that some investors bel...

Matador has been growing reserves, production, and cash flow. The company is trading at a discount to peers. We think risk-tolerant investors could see 30% appreciation based on fundamentals. We rate MTDR as a BUY. For further details see: Matador Resources: Possible...

Matador Resources (NYSE:MTDR) declares $0.10/share quarterly dividend, 100% increase from prior dividend of $0.05. Forward yield 0.6% The company expects that the Board will implement such raised dividend with its next quarterly distribution, which is expected during Q3 2022.  See M...

Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that its Board of Directors amended the Company’s dividend policy pursuant to which the Company intends to pay quarterly cash dividends on its common stock of $0.10 per...

Matador Resources (NYSE:MTDR) said that one of its wholly-owned subsidiaries has entered into a definitive pact with a wholly-owned subsidiary of Summit Midstream Partners, LP to acquire Summit's Lane Gathering and Processing System in Eddy and Lea Counties, New Mexico for $75M, subject ...

Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that one of its wholly-owned subsidiaries has entered into a definitive agreement with a wholly-owned subsidiary of Summit Midstream Partners, LP (“Summit”) to a...

The energy sector (XLE) clung to gains Wednesday and ended as the only winner in the S&P 500, with crude oil rising to a 13-week high on Wednesday as U.S. demand for gasoline keeps climbing despite record high pump prices. WTI futures (CL1:COM) settled +2.3% at $122.11/bbl after trading a...

Shares of Matador Resources Company (NYSE:MTDR) traded at a new 52-week high today of $66.33. So far today approximately 566,000 shares have been exchanged, as compared to an average 30-day volume of 1.7 million shares. Based on a current price of $66.16, Matador Resources Company is cur...

Crude oil prices pushed past $120/bbl to their highest levels in three months on Monday after Saudi Arabia raised the official selling price of its Arab light crude to Asia, but eased lower by the close of trading. "Energy traders are confident this oil market will remain tight given the shor...

Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) will hold its 2022 Annual Meeting of Shareholders on Friday, June 10, 2022 at 9:30 a.m. Central Time. The Annual Meeting will be held at Hilton Dallas Lincoln Centre, Lakeside Ballroom, 5...