Matador Resources Company is an exploration and production company focused on the acquisition, development, and production of oil and natural gas resources in the United States, primarily concentrating on the Permian Basin
The company employs advanced drilling techniques to maximize the efficiency and output of its operations, while also emphasizing sustainability and responsible resource management. Through strategic partnerships and ongoing exploration efforts, Matador aims to enhance its portfolio and drive growth by tapping into new reserves and optimizing existing productions.
Major U.S. indices are little-changed in Tuesday's midday trading as investors monitor recent geopolitical developments and anticipate the release of the latest FOMC minutes on Wednesday.
The evidence is overwhelming that Fed-driven returns have been a significant factor in the market since at least 1993 when the central bank quietly started its 2% Inflation Target.
Matador Resources to acquire Ameredev II's oil and gas properties in NM and TX for $1.91B, including 19% stake in Piñon Midstream. Expected to close Q3 2024.
