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Re: Planopenny post# 8

Saturday, 08/11/2012 6:04:54 PM

Saturday, August 11, 2012 6:04:54 PM

Post# of 151
Key points for $MTDR for considerations:

This relatively unknown company (February 2012 IPO) is now ramping up operations in the Eagle Ford.

According to Investopedia, Matador has 29,000 net acres spread across several counties.

The company estimates that 85% of its leasehold is in the oil and liquids windows.

The majority of 2012 capital expenditures will be in the play. Matador saw large oil production increases in 2011 along with a big increase in proved oil reserves.

Matador's financials show that, as of the second quarter of 2012, quarterly revenue growth is at 113% year-over-year, total debt is only $15 million, and debt/equity is 3.6.

The company seems to have a good earnings trend to go with its strong balance sheet.

In addition to the Eagle Ford, Matador has a strong presence the Haynesville Shale and Cotton Valley in northwest Louisiana and East Texas.

"My well came in big, so big, Bick and there's more down there and there's bigger wells. I'm rich, Bick. I'm a rich 'un. I'm a rich boy." - Jett Rink

Don't believe anything I say. Do your own DD. Insert huge disclaimer here ____________.

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