Current MTDR Stock Info

Matador Resources Company (ticker: MTDR) priced an underwritten public offering of 8,000,000 shares of its common stock. The total estimated gross proceeds of the offering, before estimated offering fees and expenses, are approximately $210.8 million. The offering is expected to close on October 10, 2017.

Matador said it intends to use the net proceeds from the offering:

to fund the aggregate purchase price for approximately 9,800 gross (6,600 net) acres in the Delaware Basin in and around its existing acreage positions, subject to cust...

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