Your email has been successfully added to our mailing list.

×
0 0 0 0 0.00295857988165674 0.014792899408284 -0.00295857988165687 0.0177514792899407
Stock impact report

Matador Resources Company Announces Initial Rodney Robinson Well Results, Improves Hedging Protection and Provides Operational Update

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 results from its first six “Rodney Robinson” wells in the Antelope Ridge asset area and provided updates to its 2020 operational plan and hedging program.Key HighlightsKey highlights of this release include the following:Rodney Robinson wells achieve Matador record 24-hour initial potential (“IP”) test results from all three formations tested and are expected to contribute 8 to 10% of Company’s total production for the remainder of 2020;Restructured 2020 oil hedges now cover 75 to 80% of anticipated oil production at $35 per barrel or above for remainder of 2020; andRecent actions taken by Matador should save or cause the Company to receive a sum approaching $340 million in 2020, as compared to its original 2020 estimates, including reductions of $250 million in capital expenditures for drilling, completing and equipping wells (“D/C/E capital expenditures”) and $40 mill 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
Opt-in for MTDR alerts
Opt-in for
MTDR alerts

from News Quantified
Opt-in for
MTDR alerts

from News Quantified