Matador Resources Company Provides Update on 2020 Operational Plan
Matador Resources Company (MTDR)
Last matador resources company earnings: 4/29 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.matadorresources.com
Company Research
Source: Business Wire
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today provided a brief update on its 2020 operational plan in response to the recent sharp decline in oil prices.Updated 2020 Operational PlanMatador expects to take the following actions over the next several months to reduce its capital spending and protect its balance sheet.Reduce its operated drilling program from six rigs to three rigs before June 30, 2020. Matador expects to release one of its six operated rigs by the end of March 2020 and expects to release two of its remaining five rigs before the end of the second quarter of 2020, after which Matador expects to operate three rigs for the remainder of the year.Reduce its unit operating costs, particularly targeting lease operating (LOE) and general and administrative (G&A) expenses.Continue to pursue divestitures of portions of its non-core assets, including possible sales of leasehold and mineral interests in South Texas and in th
Show less
Read more
Impact Snapshot
Event Time:
MTDR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTDR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTDR alerts
High impacting Matador Resources Company news events
Weekly update
A roundup of the hottest topics
MTDR
News
- Matador Resources Company Increases Borrowing Base Under Matador Credit Facility and Lender Commitments Under San Mateo Credit FacilityBusiness Wire
- Why Is Matador (MTDR) Up 16.6% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Is the Options Market Predicting a Spike in Matador Resources (MTDR) Stock? [Yahoo! Finance]Yahoo! Finance
- Should You Buy Matador Resources Company (NYSE:MTDR) For Its Upcoming Dividend? [Yahoo! Finance]Yahoo! Finance
- Matador Resources (NYSE:MTDR) Has Announced That It Will Be Increasing Its Dividend To $0.25 [Yahoo! Finance]Yahoo! Finance
MTDR
Earnings
- 10/22/24 - Beat
MTDR
Sec Filings
- 11/12/24 - Form SC
- 11/7/24 - Form 8-K/A
- 11/7/24 - Form SC
- MTDR's page on the SEC website