MTDR Profile
Matador Resources Company, headquartered in Dallas, Texas, operates as an independent energy firm focused on the exploration, development, production, and acquisition of oil and natural gas resources across the United States. The company operates through two main segments: Exploration and Production, and Midstream, catering to diverse energy markets.
In its Exploration and Production segment, Matador Resources holds significant interests in prominent oil and natural gas plays, notably the Wolfcamp and Bone Spring formations situated in the prolific Delaware Basin spanning Southeast New Mexico and West Texas. Additionally, the company operates in the Eagle Ford shale play in South Texas, as well as the Haynesville shale and Cotton Valley formations in Northwest Louisiana.
Complementing its upstream activities, Matador Resources engages in robust midstream operations essential to support its exploration, development, and production endeavors. These operations encompass natural gas processing, oil transportation services, and comprehensive gathering and disposal services for oil, natural gas, and produced water, serving both internal needs and third-party clients.
Founded in 2003 and formerly known as Matador Holdco, Inc., the company rebranded as Matador Resources Company in 2011. As of December 31, 2021, Matador Resources reported substantial proven reserves totaling 323.4 million barrels of oil equivalent, reinforcing its strategic position in the energy sector through efficient operations and ongoing expansion initiatives.
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