Matador Resources Company (MTDR)

Matador Resources Company is an independent energy company focused on the exploration, development, and production of oil and natural gas resources. Founded in 2003, the company is headquartered in Dallas, Texas. Matador primarily operates in the oil-rich regions of the Delaware Basin in West Texas and Southeastern New Mexico, which is part of the larger Permian Basin, one of the most prolific oil-producing areas in the United States. The company's CEO is Joseph Wm. Foran, who is also the founder and Chairman of the Board. Over the years, Matador has built a reputation for efficiency and strong operational performance, leveraging advanced technology to support its exploration and production efforts. Known for its disciplined approach to capital allocation and risk management, Matador has consistently delivered growth and value to its stakeholders. As of 2022, Matador Resources had a reported revenue of approximately $1.5 billion, driven by both production volumes and favorable oil and gas prices. The company also emphasizes environmental responsibility and community engagement as integral parts of its operations, striving to conduct its business with high ethical standards.