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0 0 0.00308641975308646 0.00401234567901242 0.00462962962962981 0.0024691358024693 0.00308641975308646 0.00679012345679031
Stock impact report

Matador Resources Company Announces Pricing of Public Offering of Common Stock

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”) announced today that it has priced an underwritten public offering of 7,000,000 shares of its common stock. The total estimated gross proceeds of the offering, before estimated offering fees and expenses, are approximately $229.3 million. The offering is expected to close on May 17, 2018, subject to customary closing conditions. Matador intends to use the net proceeds from this offering to fund the acquisition of leasehold and mineral acres in the Delaware Basin, including additional drilling and completion expenditures directly attributable to increased working interests, to fund the capital expenditures related to a number of midstream initiatives in the Delaware Basin and for general corporate purposes. Pending such uses, Matador intends to repay all outstanding borrowings under its revolving credit facility and invest the re Show less Read more
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