secwatch.observer — SEC 8-K summary
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Issuer:     Matador Resources Co (MTDR)
CIK:        0001520006
Form:       8-K
Filed at:   2025-12-11T23:59:59+00:00
Accession:  0001104659-25-120120
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matador RBL borrowing base reaffirmed at $3.25B; San Mateo facility increased to $1.10B
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- Nineteen lenders unanimously reaffirmed borrowing base at $3.25B; elected commitments unchanged at $2.25B; 0.10% credit spread removed.
- San Mateo midstream revolving credit facility increased by $250M to $1.10B; 16 lenders unanimously agreed, one new lender added.
- Matador paid down $311M in RBL borrowings in first nine months of 2025; debt-to-EBITDA below 1.0x; available liquidity ~$2B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520006/000110465925120120/0001104659-25-120120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520006/000110465925120120/tm2533173d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-120120

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