Matador Resources Files 8-K on Operations and Financial Condition

TL;DR

**Matador Resources just dropped an 8-K on its financials and operations, keep an eye on their performance!**

AI Summary

Matador Resources Company filed an 8-K on February 20, 2024, reporting on its results of operations and financial condition. The filing also included information related to Regulation FD Disclosure and Financial Statements and Exhibits. The company, based in Dallas, Texas, operates in the crude petroleum and natural gas industry.

Why It Matters

This filing provides an update on Matador Resources' financial health and operational performance, which is crucial for investors to assess the company's current standing and future prospects in the energy sector.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial and operational results, not indicating any immediate new risks.

Key Players & Entities

• Matador Resources Company (company) — Registrant
• February 20, 2024 (date) — Date of Report
• Dallas, Texas (location) — Principal executive offices
• 001-35410 (other) — Commission File Number
• 27-4662601 (other) — IRS Employer Identification No.

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share MTDR New York Stock Exchange

Filing Documents

• mtdr-20240220.htm (8-K) — 37KB
• a20231231mtdr8ker-ex991.htm (EX-99.1) — 820KB
• 0001520006-24-000057.txt ( ) — 1048KB
• mtdr-20240220.xsd (EX-101.SCH) — 2KB
• mtdr-20240220_lab.xml (EX-101.LAB) — 25KB
• mtdr-20240220_pre.xml (EX-101.PRE) — 13KB
• mtdr-20240220_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. Attached hereto as Exhibit 99.1 is a press release (the "Earnings Press Release") issued by Matador Resources Company (the "Company") on February 20, 2024, announcing its financial results for the three and twelve months ended December 31, 2023. The Earnings Press Release includes an operational update at February 20, 2024 and 2024 operating plan and market guidance. The Earnings Press Release is incorporated by reference into this Item 2.02, and the foregoing description of the Earnings Press Release is qualified in its entirety by reference to this exhibit. The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and will not be incorporated by reference into any filing under the Securities Act of 1933, as amended (the "Securities Act"), unless specifically identified therein as being incorporated therein by reference. In the Earnings Press Release, the Company has included certain "non-GAAP financial measures," as defined in Item 10 of Regulation S-K of the Exchange Act, including (i) earnings before interest expense, income taxes, depletion, depreciation and amortization, accretion of asset retirement obligations, property impairments, unrealized derivative gains and losses, certain other non-cash items and non-cash stock-based compensation expense, and net gain or loss on asset sales and impairment ("Adjusted EBITDA") attributable to Matador Resources Company shareholders, (ii) the Adjusted EBITDA of San Mateo Midstream, LLC, the Company's midstream affiliate ("San Mateo"), (iii) adjusted net income (loss) attributable to Matador Resources Company shareholders, (iv) adjusted earnings (loss) per diluted common share attributable to Matador Resources Company shareholders, (v) adjusted free cash flow of both the Company and San Mateo and (vi) prese

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure.

02 above is incorporated herein by reference

Item 2.02 above is incorporated herein by reference. In connection with the Earnings Press Release, the Company released an accompanying presentation (the "Presentation"). The Presentation is available on the Company's website, www.matadorresources.com, on the Events and Presentations page under the Investor Relations tab. The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed to be "filed" for the purposes of Section 18 of the Exchange Act and will not be incorporated by reference into any filing under the Securities Act unless specifically identified therein as being incorporated therein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 99.1 Earnings Press Release, dated February 20, 2024. 104 Cover Page Interactive Data File, formatted in Inline XBRL (included as Exhibit 101). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MATADOR RESOURCES COMPANY Date: February 20, 2024 By: /s/ Craig N. Adams Name: Craig N. Adams Title: Executive Vice President

View Full Filing

View this 8-K filing on SEC EDGAR