(MTDR) Matador Resources - Ratings and Ratios

Matador Resources Company is an independent energy entity that focuses on the exploration, development, production, and acquisition of oil and natural gas resources within the United States. The company's operational structure is divided into two primary segments: Exploration and Production, and Midstream. This dual-segment approach allows Matador to not only explore and produce oil and natural gas but also to provide the necessary infrastructure for transporting and processing these resources.

The company's core assets are primarily located in the Delaware Basin, which spans across Southeast New Mexico and West Texas. Specifically, Matador holds significant interests in the Wolfcamp and Bone Spring plays, known for their prolific oil and natural gas reserves. Additionally, the company operates in the Eagle Ford shale play in South Texas, as well as the Haynesville shale and Cotton Valley plays in Northwest Louisiana. This diversified portfolio of assets enables Matador to capitalize on various geological formations and maintain a balanced production mix.

Matador's midstream operations are designed to support its upstream activities, ensuring that the oil and natural gas produced can be efficiently transported and processed. The company offers a range of midstream services, including natural gas processing, oil transportation, and the gathering and disposal of produced water. These services are not only utilized internally but are also provided to third-party operators, generating additional revenue streams. Furthermore, Matador sells natural gas to independent marketing companies and midstream entities, contributing to its overall revenue base.

With a history dating back to 2003, Matador Resources Company has evolved significantly over the years. Initially known as Matador Holdco, Inc., the company changed its name to Matador Resources Company in August 2011, reflecting its growth and expansion into a more diversified energy player. Headquartered in Dallas, Texas, Matador is listed on the New York Stock Exchange (NYSE) under the ticker symbol MTDR and is classified under the GICS Sub Industry: Oil & Gas Exploration & Production. The company's common stock is traded under the ISIN US5764852050, providing investors with an opportunity to participate in the growth and development of this independent energy company.