U.S. Markets closed

Matador Resources Company (MTDR)


NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
23.89+1.19 (+5.24%)
At close: 4:01PM EDT
People also watch
FANGLPIRSPPPDCESN

Matador Resources Company

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

SectorBasic Materials
IndustryIndependent Oil & Gas
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Joseph Wm. ForanFounder, Chairman, Chief Exec. Officer and Sec.3.3MN/A65
Mr. Matthew V. HairfordPres1.68MN/A56
Mr. David E. LancasterChief Financial Officer and Exec. VP1.53MN/A60
Mr. Craig N. Adams J.D.Exec. VP of Land & Legal1.51M307k50
Mr. Billy E. GoodwinSr. VP of Operations1.2M247.29k59
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is 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 in 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; the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas. It also conducts midstream operations in support of the company’s exploration, development, and production operations, as well as provides natural gas processing, natural gas, oil, and salt water gathering services; and salt water disposal services to third parties. As of December 31, 2016, its estimated proved oil and natural gas reserves were 105.8 million barrels of oil equivalent, including 57 million stock tank barrels of oil and 292.6 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.

Corporate Governance

Matador Resources Company’s ISS Governance QualityScore as of May 1, 2017 is 6. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 7; Compensation: 4.

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 a 10 indicates higher governance risk.