Matador Resources Company Overview
Pro stress-test →Matador Resources is engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas, and also operates in the Haynesville shale and Cotton Valley plays in Northwest Louisiana.
Strategic Profile
Pro stress-test →Matador owns and operates midstream assets in support of its exploration, development and production operations and provides natural gas processing, oil transportation services, natural gas, oil and produced water gathering services and produced water disposal services to third parties. The company expects organic production growth to approximately 210,000 BOE per day in 2026 with 2-5% oil production growth while reducing CapEx by 8-12% from 2025 to 2026.
Competitive Landscape
Pro stress-test →Recent analyst ratings from KeyBanc (Buy, $52 target) and Mizuho Securities (Buy, $70 target) reflect confidence in the company's M&A opportunities and capital flexibility. Key competitors include other independent E&P operators focused on unconventional plays in similar basins such as EOG Resources, Ovintiv, and Northern Oil and Gas.
Industry Context
Matador Resources Company operates in Oil & Gas Exploration & Production.
Key facts
Founded: 2003 · Headquarters: Dallas, Texas