secwatch.observer — SEC 8-K summary
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Issuer:     Matador Resources Co (MTDR)
CIK:        0001520006
Form:       8-K
Filed at:   2025-04-08T23:59:59+00:00
Accession:  0001520006-25-000104
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matador sells Eagle Ford for $30M, repays $180M debt, adds oil hedges
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- Sold remaining Eagle Ford positions in La Salle, Karnes, Atascosa Cos.; proceeds over $30M in last two quarters.
- Repaid $180M of credit facility in Q1 2025; ended quarter with $405M outstanding and $1.8B liquidity.
- Added oil costless collars: H1 2025 45k bbl/day at floor $60/ceiling $86; H2 70k bbl/day at $52/$77.
- Secured inventory for most of 2025 drilling program to mitigate tariff impact; no well cost impact until H2 2025.
- Board may consider stock repurchase program later in April; maintains $0.3125/sh quarterly dividend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520006/000152000625000104/0001520006-25-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520006/000152000625000104/mtdr-20250404.htm
  HTML page:      https://secwatch.observer/filing/0001520006-25-000104

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