Matador Resources Company (MTDR)

64.61 -0.13 (-0.20%) At close: 03:59PM EDT

Matador Resources Company

One Lincoln Centre
Suite 1500 5400 LBJ Freeway
Dallas, TX 75240
United States
972 371 5200
https://www.matadorresources.com

Sector(s): Energy
Industry: Oil & Gas E&P
Full-time employees: 395

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Joseph Wm. Foran	Founder, Chairman of the Board, CEO & Secretary	4.48M	5.38M	1952

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the company conducts midstream operations in support of its exploration, development, and production operations. Further, it provides natural gas processing and oil transportation services; and oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. The company sells natural gas to unaffiliated independent marketing companies and unaffiliated midstream companies. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.

Corporate governance

Matador Resources Company’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 5; Board: 5; Shareholder rights: 6; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.