Matador Resources Co
Close on Oct 19, 2026
- Market cap
- $7.12B
- P/E (TTM)
- 9.8
- Dividend yield
- 2.29%
About Matador Resources
Crude Petroleum & Natural Gas, SIC 1311
Matador Resources Company is an independent energy company focused on exploring, developing, producing, and acquiring unconventional oil and natural gas resources in the United States. Its primary operations are divided between exploration and production activities targeting shale and liquids-rich reservoirs, and midstream operations that provide essential infrastructure support. The company's principal products are crude oil and natural gas. Through its midstream business, which operates primarily via the San Mateo joint venture, Matador delivers natural gas processing, oil transportation, and gathering services for oil, natural gas, and produced water, alongside commercial saltwater disposal services to internal operational units and third-party customers.
The company concentrates its core development operations on the Wolfcamp and Bone Spring plays located in the Delaware Basin across Southeast New Mexico and West Texas, maintaining significant gross and net acreage alongside identified future horizontal well locations. It also holds producing assets in Northwest Louisiana within the Haynesville shale and Cotton Valley plays. Midstream assets comprise cryogenic natural gas processing plants, hundreds of miles of gathering pipelines, oil central delivery points, and commercial saltwater disposal wells. Matador is organized as a Texas corporation.
Summary of the business section of Matador Resources's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Matador Resources Co
- Founded
- 2003
- Headquarters
- Dallas, TX
- Address
- 5400 Lbj Freeway, Suite 1500 75240
- Phone
- (972) 371-5200
- Employees
- 483, Dec 31, 2025
- Industry
- Crude Petroleum & Natural Gas
- Incorporated in
- Texas
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Dallas, TX
Stock & identifiers
- Ticker
- MTDR
- Exchange
- NYSE
- IPO date
- Feb 2, 2012
- Shares outstanding
- 124M, Aug 5, 2026
- Public float
- $5.51B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1520006
- CUSIP
- 576485205
- ISIN
- US5764852050
- LEI
- 549300CI3Q2UUK5R4G79
- EIN
- 27-4662601
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Joseph Wm Foran | Chairman and CEO, Director | 944,849 |
| Christopher P. Calvert | EVP and CFO | 129,624 |
| William Thomas Elsener | EVP, Reservoir Engineering | 114,879 |
| Glenn W. Stetson | EVP and COO | 95,470 |
| Benjamin T. Colodney | SVP & Chief Accounting Officer | 12,253 |
| Van H. Singleton II | CoPresident-Land, A&D,Planning | 298,879 |
| Robert T. Macalik | EVP, Chief Financial Officer | 143,796 |
| George G. Krug | EVP - Mktg and Midstream | 229,650 |
| Bryan A. Erman | Co-President,CLO & Head of M&A | 85,216 |
| William D. Lambert | EVP and CFO | 10,650 |
| Brian J. Willey | EVP and CFO | 97,861 |
| Kenneth L. Stewart | Director | 84,747 |
| Robert Gaines Baty | Director | 77,538 |
| Shelley F. Appel | Director | 415,913 |
| Susan M. Ward | Director | 18,565 |
| Timothy E. Parker | Director | 93,511 |
| William M. Byerley | Director | 59,453 |
| Paul W. Harvey | Director | 45,063 |
| Reynald Baribault | Director | 141,549 |
| Monika U. Ehrman | Director | 45,467 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Foran | $9.78M | $6.80M | $3.96M | $355 | $193 |
| FY2024 Mr. Foran | $8.44M | $9.34M | $4.07M | $469 | $188 |
| FY2023 Mr. Foran | $8.06M | $7.63M | $3.54M | $473 | $204 |
| FY2022 Mr. Foran | $8.95M | $21.87M | $3.13M | $475 | $193 |
| FY2021 Mr. Foran | $9.06M | $27.36M | $4.31M | $307 | $137 |
| FY2020 Mr. Foran | $1.69M | $4.09M | $923.07K | $67 | $102 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“At December 31, 2025, we had 483 full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 5, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 19, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 13, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 7, 2018 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Mar 9, 2017 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Feb 24, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 1, 2015 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Mar 2, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 15, 2014 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 2, 2012 | Late filing | Notification of late filing |
| Feb 2, 2012 | IPO | Initial public offering priced (424B4 prospectus) |
| Jan 27, 2012 | Listing | Registration of securities on an exchange (Form 8-A) |