Matador Resources Company logo MTDR - Matador Resources Company

Price: -- -- | CONSENSUS: Buy DETAILS
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| PRICE TARGET: $68.38 DETAILS
HIGH: $79.00
LOW: $50.00
MEDIAN: $68.50
CONSENSUS: $68.38
UPSIDE: 20.73%

About Matador Resources Company (https://www.matadorresources.com)

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; provides natural gas processing and oil transportation services; and offers oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. As of December 31, 2021, its estimated total proved oil and natural gas reserves were 323.4 million barrels of oil equivalent, including 181.3 million stock tank barrels of oil and 852.5 billion cubic feet of natural gas. 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.

Key Executives

NAME TITLE DOB SALARY
Joseph Wm. Foran Founder, Chief Executive Officer & Chairman of the Board 1952 $5,553,211 USD
Bryan A. Erman Co-President, Chief Legal Officer, Head of M&A and Corporate Secretary 1978 $2,554,625 USD
Van H. Singleton Co-President – Land, Acquisitions & Divestitures and Planning 1978 $2,554,625 USD
Brian J. Willey Executive Vice President of Midstream 1977 $2,483,750 USD
Christopher Calvert Executive Vice President & Chief Financial Officer 1979 $2,361,650 USD
Robert T. Macalik Executive Vice President & Chief Financial Officer 1979 $2,361,650 USD
Andrew D. Parker Executive Vice President of Geoscience 1982
Anton L. Langland Executive Vice President of Marketing 1972
Benjamin T. Colodney VP & Chief Accounting Officer 1987
Cliff Humphreys Executive VP & Deputy COO 1990
Glenn W. Stetson Executive Vice President & Chief Operating Officer 1985
Jordan Ellington Executive Vice President of Personnel & Asset Manager 1992
Joshua D. Passauer Executive Vice President of Drilling 1986
Mac Schmitz Senior Vice President of Investor Relations
Ricky F. Alexander Executive Vice President of Measurement 1962
W. Thomas Elsener Executive Vice President of Reservoir Engineering & Senior Asset Manager 1985

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