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Thursday, March 23, 2017 4:01:35 PM
Matador Resources (MTDR -1.6%) is lower after updating its 2017 guidance, in which it forecasts oil production of 6.9M-7.2M barrels, an 38% Y/Y increase at the midpoint of guidance vs. 5.1M barrels produced in 2016.
MTDR also sees 2017 natural gas production of 33B-35B cf, 11% higher at the midpoint of 2017 guidance vs. 30.5B cf produced in 2016.
MTDR says the updated guidance reflect its decision to drill and complete a five-well operated program in the Eagle Ford shale, with associated capex expected at $30M, or ~6% of the company’s total 2017 estimated capex.
Recent MTDR News
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 09/23/2024 08:52:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/23/2024 08:06:41 PM
- Matador Resources Company Priced Offering of $750 Million of Senior Notes Due 2033 • Business Wire • 09/23/2024 10:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/20/2024 09:20:38 PM
- Matador Resources Company Prices Offering of $750 Million of Senior Notes Due 2033 • Business Wire • 09/20/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/20/2024 11:43:48 AM
- Matador Resources Company Announces Offering of $750 Million of Senior Notes Due 2033 • Business Wire • 09/20/2024 11:36:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/19/2024 12:30:40 PM
- Matador Resources Company Closes Ameredev Acquisition • Business Wire • 09/19/2024 10:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/17/2024 11:29:29 AM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/11/2024 11:27:55 AM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/11/2024 11:26:41 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 11:28:48 AM
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- Form 8-K - Current report • Edgar (US Regulatory) • 08/27/2024 11:30:15 AM
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