Matador Resources Enters Material Definitive Agreement
Ticker: MTDR · Form: 8-K · Filed: Apr 2, 2024 · CIK: 1520006
| Field | Detail |
|---|---|
| Company | Matador Resources Co (MTDR) |
| Form Type | 8-K |
| Filed Date | Apr 2, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.01, $900.0 million, $885.0 m, $100.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, oil-gas
TL;DR
Matador Resources just signed a big deal, expect financial moves.
AI Summary
On April 2, 2024, Matador Resources Company entered into a Material Definitive Agreement related to a direct financial obligation. The company, incorporated in Texas with its principal office in Dallas, is involved in crude petroleum and natural gas extraction.
Why It Matters
This filing indicates a significant new financial commitment or obligation for Matador Resources, which could impact its future financial flexibility and operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or risks that may not be immediately apparent.
Key Players & Entities
- Matador Resources Company (company) — Registrant
- Texas (location) — State of Incorporation
- Dallas (location) — Business Address City
- April 2, 2024 (date) — Date of Earliest Event Reported
FAQ
What type of Material Definitive Agreement did Matador Resources enter into?
The filing states that the agreement is related to a 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant'.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on April 2, 2024.
What is Matador Resources Company's primary business?
Matador Resources Company is in the Crude Petroleum & Natural Gas industry, SIC code 1311.
Where is Matador Resources Company headquartered?
The company's principal business address is 5400 LBJ Freeway, Suite 1500, Dallas, Texas, 75240.
What is the SEC file number for Matador Resources Company?
The SEC file number for Matador Resources Company is 001-35410.
Filing Stats: 1,641 words · 7 min read · ~5 pages · Grade level 13.6 · Accepted 2024-04-02 16:47:04
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share MTDR New York Stock Excha
- $900.0 million — ch the Company agreed to issue and sell $900.0 million in aggregate principal amount of the Co
- $885.0 m — and sale of the Notes of approximately $885.0 million, after deducting the Initial Purc
- $100.0 million — es in the aggregate principal amount of $100.0 million or more; failure by the Company or an
Filing Documents
- d797085d8k.htm (8-K) — 42KB
- d797085dex41.htm (EX-4.1) — 642KB
- d797085dex991.htm (EX-99.1) — 12KB
- 0001193125-24-084849.txt ( ) — 967KB
- mtdr-20240402.xsd (EX-101.SCH) — 3KB
- mtdr-20240402_lab.xml (EX-101.LAB) — 18KB
- mtdr-20240402_pre.xml (EX-101.PRE) — 11KB
- d797085d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 4.1 Indenture, dated as of April 2, 2024, by and among the Company, the Guarantors and U.S. Bank Trust Company, National Association, as trustee. 99.1 Press Release, dated April 2, 2024, announcing the expiration and results of the Tender Offer. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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: April 2, 2024 By: /s/ Bryan A. Erman Name: Bryan A. Erman Title: Executive Vice President