The Work Index by Flexa

Matador Resources Company

Matador Resources Company is an independent energy company focused on oil and natural gas exploration, development, production, and acquisition in the United States.

https://www.matadorresources.com/
4.3

/10

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Description

Matador Resources Company is an independent energy company based in Dallas, Texas. They are primarily engaged in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. Matador focuses on oil and natural gas shale and other unconventional plays, with current operations concentrated in the Delaware Basin in Southeast New Mexico and West Texas, as well as the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. They also conduct midstream operations, providing services such as natural gas processing, oil transportation, gathering, and produced water disposal to both internal and third-party clients.

Matador Resources Company is committed to responsible growth and has a history of profitable operations. They prioritize shareholder value by building oil and natural gas reserves, production, and cash flows at an attractive return on invested capital. Their strategies include focusing on unconventional plays, identifying new plays to maintain a balanced portfolio, improving operational and cost efficiencies, maintaining financial discipline, and pursuing opportunistic acquisitions. The company has been publicly traded on the New York Stock Exchange under the symbol "MTDR" since February 2012.

Mission

Matador Resources Company is an independent energy company dedicated to increasing shareholder value by developing and acquiring oil and natural gas resources in the United States, primarily focused on unconventional plays. Their mission is to build oil and natural gas reserves, production, and cash flow through disciplined exploration and development, cost efficiency, and opportunistic acquisitions, all while maintaining financial discipline and a strong balance sheet.

Culture

Matador Resources Company appears to promote a culture focused on strong financial performance and continuous growth within a disciplined and innovative framework. They value teamwork and collaboration, as evidenced by their emphasis on operational efficiencies and cost savings achieved through initiatives like their 24-hour MaxCom Operations Center and "U-Turn" well developments. The company recognizes the importance of a strong balance sheet, prioritizing shareholder value and returning value through fixed quarterly dividends while maintaining financial flexibility. They also express appreciation for their employees, shareholders, and other stakeholders, fostering a culture of respect and mutual benefit.

DE&I

Matador Resources Company is committed to increasing the value of its shares in a responsible manner, including promoting a diverse, equitable and inclusive workplace. Their approach is to reliably and profitably provide energy while upholding safety, environmental protection, and industry best practices, reflecting their commitment to ESG-related initiatives. While specific details on their diversity, equity and inclusion programs are not provided on the website, their commitment to responsible stewardship suggests a focus on creating an inclusive culture and fostering a diverse workforce.

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