{"schema_version":"secwatch.filing_event.v1","accession":"0001520006-23-000188","form_type":"8-K","ticker":"MTDR","cik":"0001520006","company_name":"Matador Resources Co","filed_at":"2023-10-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.348345+00:00","generated_at":"2026-06-09T20:43:57.158691+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"dividend","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Matador Resources raises quarterly dividend 33% to $0.20/sh, expands credit facility","bullets":["Quarterly cash dividend increased 33% to $0.20 per share, payable Dec 1, 2023, record Nov 10.","Credit facility borrowing base increased to $2.5B from $2.25B; max facility to $2.0B from $1.5B.","Elected commitment raised to $1.325B from $1.25B; only $530M drawn as of Sep 30.","JPMorgan Chase joins bank group; BOK Financial and Cathay Bank increase commitments.","CEO cites growing financial strength and positive operational outlook for dividend hike."],"urls":{"canonical":"https://secwatch.observer/filing/0001520006-23-000188","json":"https://secwatch.observer/filing/0001520006-23-000188.json","markdown":"https://secwatch.observer/filing/0001520006-23-000188.md","text":"https://secwatch.observer/filing/0001520006-23-000188.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1520006/000152000623000188/0001520006-23-000188-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1520006/000152000623000188/mtdr-20231019.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T20:43:57.158691+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":"6a121df58891a08ddacecdb81b9c287bb5413a0e","claim":"Matador Resources Co amended revolving credit of increase the borrowing base from $2.25 billion to $2.50 billion, (ii) increase the maximum facility amount from $1.50 bi.","evidence_excerpt":"On October 19, 2023, MRC Energy Company, a wholly owned subsidiary of Matador Resources Company (the “Company”), entered into a Fourth 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) increase the borrowing base from $2.25 billion to $2.50 billion, (ii) increase the maximum facility amount from $1.50 billion to $2.0 billion and (iii) increase the elected commitment from $1.25 billion to $1.325 billion.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1520006/000152000623000188/0001520006-23-000188-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"increase the borrowing base from $2.25 billion to $2.50 billion, (ii) increase the maximum facility amount from $1.50 bi"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"6c5f871d3d3e322e5e52653dadeb8cec6f655a15","claim":"Matador Resources Co amended Fourth Amendment to Fourth Amended and Restated Credit Agreement valued at increase the borrowing base from $2.25 billion to $2.50 billion, (ii) increase the maximum facility (effective 2023-10-19).","evidence_excerpt":"On October 19, 2023, MRC Energy Company, a wholly owned subsidiary of Matador Resources Company (the “Company”), entered into a Fourth 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) increase the borrowing base from $2.25 billion to $2.50 billion, (ii) increase the maximum facility amount from $1.50 billion to $2.0 billion and (iii) increase the elected commitment from $1.25 billion to $1.325 billion","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1520006/000152000623000188/0001520006-23-000188-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Value","value":"increase the borrowing base from $2.25 billion to $2.50 billion, (ii) increase the maximum facility"},{"label":"Effective","value":"2023-10-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}