Matador Resources Company (NYSE: MTDR) has just declared a quarterly cash dividend of $0.3125 per share of common stock. This dividend will be payable on June 6, 2025, to shareholders of record as of May 9, 2025. Matador is an independent energy company that is primarily focused on the exploration, development, production, and acquisition of oil and natural gas resources in the United States. The company's current operations are centered on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in southeast New Mexico and west Texas, as well as in the Haynesville Shale and Cotton Valley plays in northwest Louisiana. Additionally, Matador conducts midstream operations to support its exploration, development, and production activities, providing various services to third parties.
This announcement indicates stability and confidence in the company's financial position, as the declared dividend remains unchanged from the previous period. Shareholders can anticipate a consistent return on their investment based on the company's performance. Today the company's shares have moved 4.4% to a price of $41.91. If you want to know more, read the company's complete 8-K report here.
