NYSE: MTDR
Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.
Upstream · Permian Basin E&P
Matador Resources Company
Matador Resources is an independent E&P company focused on oil and natural gas development in the Permian Basin's Delaware Basin.
Matador Resources Company is an independent energy company engaged in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. The company's primary operations are focused in the Delaware Basin of the Permian Basin in West Texas and southeastern New Mexico. Matador also operates midstream assets through its subsidiary San Mateo Midstream, providing gathering, processing, and transportation services. The company has established itself as one of the most efficient operators in the Delaware Basin.
Headquarters
Dallas, TX (Houston Operations)
Founded
2003
Employees
700
Revenue
$3.1B
CEO
Joseph Foran
Website
matadorresources.comMatador Resources was founded in 2003 by Joseph Foran, a seasoned energy executive and trial lawyer. The company initially focused on the Eagle Ford Shale before pivoting to the Delaware Basin, where it has built a significant acreage position. Matador went public in 2012 and has since grown through both organic development and strategic acquisitions, including the formation of San Mateo Midstream to capture midstream value from its growing production base.
Matador's operations span approximately 195,000 net acres in the Delaware Basin, targeting the Wolfcamp and Bone Spring formations. The company runs a multi-rig drilling program focused on capital-efficient development. Through San Mateo Midstream, Matador also operates natural gas gathering and processing facilities, produced water gathering and disposal systems, and oil gathering systems serving both Matador's own production and third-party volumes.
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