{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-075954","form_type":"8-K","ticker":"MTDR","cik":"0001520006","company_name":"Matador Resources Co","filed_at":"2024-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.475400+00:00","generated_at":"2026-06-04T08:27:12.441656+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Matador Resources amends credit facility ($3.5B max, maturity 2029) and completes pipeline connections","bullets":["Credit facility maximum increased to $3.5B from $2.0B; borrowing base reaffirmed at $2.5B.","Maturity extended from Oct 2026 to Mar 2029; elected commitments raised to $1.5B.","Five new banks join (Capital One, Citizens, Mizuho, TD Bank, Wells Fargo); PNC Bank replaces Truist as admin agent.","Completed over 20 miles of natural gas pipeline connections between Pronto Midstream and San Mateo/Advance acreage.","Pipeline expected to support 21 Dagger Lake South wells turning to sales in Q2 2024, aiding production growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-075954","json":"https://secwatch.observer/filing/0001193125-24-075954.json","markdown":"https://secwatch.observer/filing/0001193125-24-075954.md","text":"https://secwatch.observer/filing/0001193125-24-075954.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1520006/000119312524075954/0001193125-24-075954-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1520006/000119312524075954/d811227d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T08:27:12.441656+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9eaa63a41039c6ec459d040d998b9cd7a335cbfe","claim":"Matador Resources Co amended revolving credit of $1.50 billion with PNC Bank, National Association maturing March 2029.","evidence_excerpt":"On March 22, 2024, MRC Energy Company, a wholly owned subsidiary of Matador Resources Company (the “Company”), entered into a Fifth Amendment to Fourth Amended and Restated Credit Agreement (the “Amendment”), which amends the Company’s secured revolving credit facility (the “Credit Agreement”) to, among other things, (i) reaffirm the borrowing base at $2.50 billion, (ii) increase the maximum facility amount from $2.0 billion to $3.50 billion, (iii) increase the elected borrowing commitments from $1.325 billion to $1.50 billion, (iv) extend the maturity date from October 2026 to March 2029 and (v) replace Truist Bank with PNC Bank, National Association as administrative agent thereunder.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1520006/000119312524075954/0001193125-24-075954-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1.50 billion"},{"label":"Counterparty","value":"PNC Bank, National Association"},{"label":"Maturity","value":"March 2029"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"97953825c13df8127b75d1858ed14f76d1c62511","claim":"Matador Resources Co entered into Fifth Amendment to Fourth Amended and Restated Credit Agreement with MRC Energy Company valued at $2.50 billion borrowing base, $3.50 billion maximum facility amount, $1.50 billion elected borrowing (effective 2024-03-22).","evidence_excerpt":"On March 22, 2024, MRC Energy Company, a wholly owned subsidiary of Matador Resources Company (the “Company”), entered into a Fifth Amendment to Fourth Amended and Restated Credit Agreement (the “Amendment”), which amends the Company’s secured revolving credit facility (the “Credit Agreement”) to, among other things, (i) reaffirm the borrowing base at $2.50 billion, (ii) increase the maximum facility amount from $2.0 billion to $3.50 billion, (iii) increase the elected borrowing commitments from $1.325 billion to $1.50 billion, (iv) extend the maturity date from October 2026 to March 2029 and (v) replace Truist Bank with PNC Bank, National Association as administrative agent thereunder.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1520006/000119312524075954/0001193125-24-075954-index.htm","confidence":0.98,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"MRC Energy Company"},{"label":"Value","value":"$2.50 billion borrowing base, $3.50 billion maximum facility amount, $1.50 billion elected borrowing"},{"label":"Effective","value":"2024-03-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}