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2 clusters · 2 sources · 3 days · First seen · Last updated

Matador Resources financial and executive activity

Overview

Matador Resources reported near-record adjusted free cash flow of $303 million for the second quarter of 2026. The company used $200 million of these funds to reduce bank debt related to federal lease acquisitions, lowering total acquisition-related debt to less than $1 billion. CEO Joe Foran noted that reserves increased by 5% during the quarter to 703 million barrels of oil equivalent, and the company raised its year-over-year oil production growth outlook to a range of 4% to 7%.

Following these financial reports, CEO Joseph Wm Foran acquired 709 shares of company stock on August 11th at an average cost of $51.68 per share, bringing his total holdings to 15,617 shares.

Entities

Pacer Advisors Inc. · Joseph Wm Foran · SEC · Joe Foran · Claros Mortgage Trust

Timeline

  1. 7 days ago

    [BUSINESS] 2 sources
    Executives at Matador Resources and Claros Mortgage Trust acquire company stock

    Matador Resources CEO Joseph Wm Foran and Claros Mortgage Trust CFO Mike Mcgillis have both made significant insider stock purchases.

  2. 9 days ago

    [BUSINESS] 2 sources
    Matador Resources reports record cash flow and raises production outlook

    Matador Resources reported $303 million in Q2 2026 adjusted free cash flow and raised its oil production growth outlook, while focusing on debt reduction and inventory expansion through federal leases.

Sources

mommygearest.com · stocknews.com