New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 10, 2012
07:03 EDTMTDRMatador Resources increases credit facility
Matador Resources announced that MRC Energy Company, a wholly-owned subsidiary of the Company, closed an amended and restated senior secured revolving credit agreement on September 28. Under the Credit Agreement, the borrowing base was increased to $200M, up from the previous borrowing base of $125M. The amendment increased the maximum facility size from $400M to $500M and named Royal Bank of Canada as Administrative Agent. The Credit Agreement matures in December 2016. The Company plans to use the increased borrowing capacity along with its operating cash flows for working capital and general corporate purposes and, in particular, to continue to execute its Eagle Ford drilling program in South Texas.
News For MTDR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 8, 2014
17:54 EDTMTDRMatador expects to produce in excess of 1M barrels of oil in Q4
Subscribe for More Information
17:41 EDTMTDRMatador provides operational update
Matador Resources is pleased to provide the following update of its ongoing operations. As previously announced, Matador plans to host a live conference call for its shareholders on Tuesday, December 9, at 9:00 a.m. CST. The purpose of this call is to provide Matadorís shareholders with an update on the companyís fourth quarter performance to date, answer questions from shareholders, and discuss the companyís outlook for the remainder of 2014 and for 2015 with Joe Foran, Chairman and CEO, and other members of Matadorís senior management team in light of the recent decline in West Texas Intermediate oil prices below $70 per barrel. The company is studying its planned 2015 capital investment program in light of this recent decline in oil prices, but does not plan to provide specific 2015 guidance during this conference call. The company intends to provide specific 2015 guidance at its upcoming Analyst Day scheduled for January 15, 2015 in Dallas, Texas.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use