Matador Resources Company Announces Borrowing Base Affirmation and San Mateo Credit Facility Increase
Matador Resources Company (MTDR)
Last matador resources company earnings: 4/29 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.matadorresources.com
Company Research
Source: Business Wire
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced the affirmation of the borrowing base under its reserves-based credit facility at $900 million, as well as a $50 million increase to the San Mateo Midstream, LLC (“San Mateo”) credit facility from $325 million to $375 million. San Mateo is the Company’s midstream joint venture owned 51% by Matador and 49% by Five Point Energy.As part of the fall 2019 redetermination process, Matador’s lenders recently completed their review of the Company’s proved oil and natural gas reserves at June 30, 2019. As a result, Matador’s borrowing base under its reserves-based credit facility was affirmed by its lenders at $900 million, despite lower commodity pricing assumptions being used generally by the lenders in the fall redetermination process. The borrowing base affirmation reflects the lenders’ confidence in the underlying oil and natural gas reserves backing the credit facility and in
Show less
Read more
Impact Snapshot
Event Time:
MTDR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTDR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTDR alerts
High impacting Matador Resources Company news events
Weekly update
A roundup of the hottest topics
MTDR
News
- Matador Resources: Growth In Production While Maintaining A Solid Balance Sheet [Seeking Alpha]Seeking Alpha
- Matador Resources (NYSE: MTDR) had its price target raised by analysts at Truist Financial Co. from $85.00 to $87.00. They now have a "buy" rating on the stock.MarketBeat
- Matador Resources Company (NYSE:MTDR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Matador Resources First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Matador (MTDR) Q1 Earnings Beat Estimates on Production Volume [Yahoo! Finance]Yahoo! Finance
MTDR
Earnings
- 4/23/24 - Beat
MTDR
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- MTDR's page on the SEC website