MTDR - Matador Resources Company

NYSE - NYSE Delayed Price. Currency in USD

Matador Resources Company

One Lincoln Centre
Suite 1500 5400 LBJ Freeway
Dallas, TX 75240
United States
972 371 5200
http://www.matadorresources.com

SectorEnergy
IndustryOil & Gas E&P
Full Time Employees304

Key Executives

NameTitlePayExercisedYear Born
Mr. Joseph Wm. ForanFounder, Chairman, CEO & Sec.3.73M769.6k1952
Mr. Matthew V. HairfordPres1.92MN/A1961
Mr. David E. LancasterExec. VP & CFO1.8MN/A1957
Mr. Craig N. Adams J.D.Exec. VP and COO of Land, Legal & Admin.1.69MN/A1967
Mr. Billy E. GoodwinExec. VP and COO of Drilling, Completions & Production1.68MN/A1958
Amounts are as of December 31, 2019 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. 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 salt water gathering services, as well as salt water disposal services to third parties. As of December 31, 2019, its estimated total proved oil and natural gas reserves were 252.5 million barrels of oil equivalent, including 148.0 million stock tank barrels of oil and 627.2 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 December 7, 2019 is 4. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 7; Compensation: 1.

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.