Matador Resources Co — fact timeline

Matador Resources Co shareholders approved Proposal to Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the Year Ending December 31, 2026 at the 2026-06-11 meeting.

“Proposal 3: Proposal to Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the Year Ending December 31, 2026 The shareholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026. Votes For Votes Against Votes Abstained 114,318,225 1,164,026 257,553”

Matador Resources Co shareholders approved Advisory Vote on 2025 Executive Compensation at the 2026-06-11 meeting.

“Proposal 2: Advisory Vote on 2025 Executive Compensation The shareholders approved the non-binding advisory resolution approving the 2025 compensation of the Company’s named executive officers. Votes For Votes Against Votes Abstained Broker Non-Votes 105,024,470 4,302,089 332,051 6,081,194”

Matador Resources Co shareholders approved Election of Directors at the 2026-06-11 meeting.

“Proposal 1: Election of Directors The shareholders elected each of Joseph Wm. Foran, Reynald A. Baribault and Timothy E. Parker as a Class III director of the Company for a term expiring at the Annual Meeting of Shareholders in 2029. Each such director shall serve for the applicable term or the earlier death, retirement, resignation or removal of such director. Nominee Votes For Votes Against Votes Abstained Broker Non-Votes Joseph Wm. Foran 108,404,472 1,050,044 204,094 6,081,194 Reynald A. Baribault 95,218,912 14,206,253 233,445 6,081,194 Timothy E. Parker 100,184,684 9,240,261 233,665 6,081,194”

Matador Resources Co amended revolving credit of from $2.25 billion to $2.75 billion.

“increase the aggregate elected borrowing commitments under the Credit Agreement from $2.25 billion to $2.75 billion”

Matador Resources Co amended Eighth Amendment to Fourth Amended and Restated Credit Agreement valued at $2.75 billion (effective 2026-06-10).

“On June 10, 2026, MRC Energy Company, a wholly-owned subsidiary of Matador Resources Company (the “Company”), entered into an Eighth Amendment to Fourth Amended and Restated Credit Agreement (the “Amendment”), which amended the Company’s existing secured revolving credit facility (the “Credit Agreement”) to, among other things, (i) reaffirm the borrowing base at $3.25 billion and (ii) increase the aggregate elected borrowing commitments under the Credit Agreement from $2.25 billion to $2.75 billion.”

Matador Resources Co updated its first quarter 2026 guidance (raised).

“Matador’s first quarter 2026 average daily total production of 207,594 barrels of oil equivalent per day (BOE), consisting of 120,277 barrels of oil per day and 523.9 million cubic feet of natural gas per day, exceeded the upper end of our production guidance.”

Matador Resources Co updated its full-year 2026 guidance (raised).

“we are increasing our production guidance estimates while reaffirming our previous cost per completed lateral foot, lease operating expense and estimated full-year capital budget guidance.”

Matador Resources Co reported financial results for first quarter of 2026.

“Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the first quarter of 2026 and updated full-year 2026 production guidance.”

Matador Resources Co incurred senior notes of $750.0 million with U.S. Bank Trust Company, National Association at 6.000% maturing April 15, 2034.

“the Company agreed to issue and sell $750.0 million in aggregate principal amount of the Company’s 6.000% Senior Notes due 2034 (the “Notes”).”

Matador Resources Co entered into Indenture with U.S. Bank Trust Company, National Association valued at $750.0 million (effective 2026-03-05).

“On March 5, 2026, the Company entered into an Indenture (the “Indenture”) among the Company, the Guarantors and U.S. Bank Trust Company, National Association, as trustee, governing the terms of the Notes.”

Matador Resources Co amended Seventh Amendment to Fourth Amended and Restated Credit Agreement (effective 2025-12-09).

“On December 9, 2025, MRC Energy Company (“MRC Energy”), a wholly-owned subsidiary of Matador Resources Company (“Matador”), entered into a Seventh Amendment to Fourth Amended and Restated Credit Agreement (the “Amendment”), which amended Matador’s existing secured revolving credit facility (the “Credit Agreement”) to, among other things: (i) remove the 0.10% per annum credit spread adjustment that was previously included in the calculation of the Adjusted Daily Simple SOFR and Adjusted Term SOFR Rate (each as defined in the Credit Agreement) applicable to all interest periods under the Credit Agreement, (ii) reaffirm the borrowing base at $3.25 billion and (iii) maintain the elected borrowing commitments at $2.25 billion.”

Benjamin T. Colodney changed role as Vice President and Chief Accounting Officer at Matador Resources Co.

“Benjamin T. Colodney has been promoted to Vice President and Chief Accounting Officer of the Company.”

Robert T. Macalik changed role as Executive Vice President – Administration and Finance of the Company and Executive Vice President and Chief Financial Officer of San Mateo at Matador Resources Co.

“Robert T. Macalik has been promoted to Executive Vice President – Administration and Finance of the Company and Executive Vice President and Chief Financial Officer of San Mateo.”

Brian J. Willey changed role as Executive Vice President – Midstream of the Company and Executive Vice President, Chief Administrative Officer and Chief Legal Officer of San Mateo Midstream, LLC at Matador Resources Co.

“Brian J. Willey has been promoted to Executive Vice President – Midstream of the Company and Executive Vice President, Chief Administrative Officer and Chief Legal Officer of San Mateo Midstream, LLC”

William D. Lambert changed role as Executive Vice President, Chief Financial Officer and Head of Strategy at Matador Resources Co.

“William D. Lambert has been promoted to Executive Vice President, Chief Financial Officer and Head of Strategy of the Company.”

Bryan A. Erman changed role as Co-President, Chief Legal Officer and Head of M&A at Matador Resources Co.

“Bryan A. Erman has been promoted to Co-President, Chief Legal Officer and Head of M&A of the Company.”

Paul W. Harvey was appointed as Director at Matador Resources Co.

“On January 27, 2025, the Board of Directors (the “Board”) of Matador Resources Company (the “Company”) appointed Paul W. Harvey as a director.”

Matador Resources Co completed an acquisition involving Ameredev II Parent, LLC and Ameredev Intermediate II, LLC for $1,905,000,000 (closed 2024-09-18).

“On September 18, 2024, MRC Toro, LLC ("Purchaser"), a wholly-owned subsidiary of Matador, consummated the previously disclosed acquisition (the "Acquisition") contemplated by that certain Securities Purchase Agreement, dated as of June 12, 2024 (the "Purchase Agreement"), among Purchaser, MRC Energy (solely for the purposes of guaranteeing the obligations of Purchaser), Ameredev II Parent, LLC ("Ameredev Parent"), Ameredev Intermediate II, LLC ("Ameredev Intermediate" and, together with Ameredev Parent, each a "Seller" and collectively, the "Sellers") and Ameredev Stateline II, LLC (the "Target"), pursuant to which, among other things, Sellers agreed to sell to Purchaser, and Purchaser agreed to purchase from Sellers, all of the issued and outstanding membership interests of the Target, for an amount in cash equal to $1,905,000,000”

Matador Resources Co updated its the first quarter of 2024 guidance (raised).

“Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the first quarter of 2024.”

Billy E. Goodwin retired as President - Operations at Matador Resources Co.

“On April 10, 2024, Billy E. Goodwin informed Matador Resources Company (the “Company” or “Matador”) of his decision to retire at age 67 to devote more time to his family and other personal interests.”

Matador Resources Co incurred senior notes of $900.0 million with BofA Securities, Inc. at 6.500% maturing April 15, 2032.

“the Company agreed to issue and sell $900.0 million in aggregate principal amount of the Company’s 6.500% Senior Notes due 2032”

Matador Resources Co amended revolving credit of $1.50 billion with PNC Bank, National Association maturing March 2029.

“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.”

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).

“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.”

Craig N. Adams resigned as Executive Vice President, Co-Chief Operating Officer and Corporate Secretary at Matador Resources Co.

“Mr. Adams resigned from his roles as Executive Vice President, Co-Chief Operating Officer and Corporate Secretary of the Company, effective as of March 6, 2024”

Matador Resources Co reported fourth quarter and full year 2023 results: net income $254.5 million.

“fourth quarter 2023 net income of $254.5 million”

Susan M. Ward was appointed as director at Matador Resources Co.

“On January 24, 2024, the Board of Directors (the “Board”) of Matador Resources Company (the “Company”) appointed Susan M. Ward as a director.”

Matador Resources Co reported financial results for the third quarter of 2023.

“Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the third quarter of 2023.”

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.

“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.”

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).

“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”

Matador Resources Co updated its second quarter of 2023 guidance (raised).

“Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the second quarter of 2023.”

Matador Resources Co shareholders approved Proposal to Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the Year Ending December 31, 2023 at the 2023-06-09 meeting.

“Proposal 3: Proposal to Ratify the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the Year Ending December 31, 2023 The shareholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023.”

Matador Resources Co shareholders approved Advisory Vote on 2022 Executive Compensation at the 2023-06-09 meeting.

“Proposal 2: Advisory Vote on 2022 Executive Compensation The shareholders approved the non-binding advisory resolution approving the 2022 compensation of the Company’s named executive officers.”

Matador Resources Co shareholders approved Election of Directors at the 2023-06-09 meeting.

“Proposal 1: Election of Directors The shareholders elected each of Joseph Wm. Foran, Reynald A. Baribault and Timothy E. Parker as a Class III director of the Company for a term expiring at the Annual Meeting of Shareholders in 2026 and Shelley F. Appel as a Class II director of the Company for a term expiring at the Annual Meeting of Shareholders in 2025.”

Matador Resources Co reported financial results for the first quarter of 2023.

“Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the first quarter of 2023.”

Matador Resources Co completed an acquisition involving Advance Energy Partners Holdings, LLC for $1,600,000,000 (closed 2023-04-12).

“On April 12, 2023, MRC Hat Mesa, LLC (“Purchaser”), a wholly-owned subsidiary of Matador Resources Company (“Matador”), consummated the previously disclosed acquisition (the “Acquisition”) contemplated by that certain Securities Purchase Agreement, dated as of January 24, 2023 (the “Purchase Agreement”), among Purchaser, MRC Energy Company (“MRC Energy”) (solely for the purposes of guaranteeing the obligations of Purchaser), AEP EnCap HoldCo, LLC (“AEP EnCap”), Ameradvance Management LLC (“ManagementCo” and, together with AEP EnCap, each a “Seller” and collectively, the “Sellers”) and Advance Energy Partners Holdings, LLC (the “Target”), pursuant to which, among other things, Sellers agreed to sell to Purchaser, and Purchaser agreed to purchase from Sellers, all of the issued and outstanding membership interests of the Target, for an aggregate purchase price consisting of (i) an amount in cash equal to $1,600,000,000 (subject to certain customary adjustments, including for working capi”

Matador Resources Co entered into Indenture with Computershare Trust Company, N.A., as trustee (effective 2023-04-11).

“On April 11, 2023, the Company entered into an Indenture (the “Indenture”) among the Company, the Guarantors and Computershare Trust Company, N.A., as trustee, governing the terms of the Notes.”

Matador Resources Co entered into a notes offering with BofA Securities, Inc., as representative of the several initial purchasers valued at $500,000,000 (effective 2023-04-03).

“On April 3, 2023, Matador Resources Company (the “Company”) and certain of its subsidiaries (the “Guarantors”) entered into a purchase agreement with BofA Securities, Inc. (“BofA”), as representative of the several initial purchasers named therein (collectively, the “Initial Purchasers”), pursuant to which the Company agreed to issue and sell $500,000,000 in aggregate principal amount of the Company’s 6.875% Senior Notes due 2028 (the “Notes”).”

Matador Resources Co entered into Purchase Agreement with BofA Securities, Inc., as representative of the several initial purchasers named therein valued at $500,000,000 (effective 2023-04-03).

“On April 3, 2023, Matador Resources Company (the “Company”) and certain of its subsidiaries (the “Guarantors”) entered into a purchase agreement (the “Purchase Agreement”) with BofA Securities, Inc. (“BofA”), as representative of the several initial purchasers named therein (collectively, the “Initial Purchasers”), pursuant to which the Company agreed to issue and sell $500,000,000 in aggregate principal amount of the Company’s 6.875% Senior Notes due 2028 (the “Notes”).”

Matador Resources Co amended Second Amendment to Fourth Amended and Restated Credit Agreement with lenders party thereto valued at increase the borrowing commitment from $775 million to $1.25 billion (effective 2023-03-31).

“On March 31, 2023, MRC Energy Company, a wholly owned subsidiary of Matador Resources Company (the “Company”), entered into a Second 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 commitment from $775 million to $1.25 billion and (ii) reaffirm the borrowing base as $2.25 billion.”

Matador Resources Co reported the fourth quarter and full year 2022 results: net income record net income (GAAP) of $1.21 billion, EPS Matador’s 2022 earnings per share (GAAP) also increased over 100% from $4.91 per diluted share in 2021 to $10.11 per dil. Guidance reaffirmed.

“Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the fourth quarter and full year 2022.”

Matador Resources Co reported the fourth quarter and full year 2022 results: net income record net income (GAAP) of $1.21 billion, EPS $10.11 per diluted share in 2022.

“record net income (GAAP) of $1.21 billion and record Adjusted EBITDA (non-GAAP) of $2.13 billion, both of which were increases of over 100% as compared to 2021. Matador’s 2022 earnings per share (GAAP) also increased over 100% from $4.91 per diluted share in 2021 to $10.11 per diluted share in 2022.”

Michael D. Frenzel departed as Chief Financial Officer at Matador Resources Co.

“As Chief Financial Officer, Mr. Willey will assume the role of principal financial officer from Michael D. Frenzel, who will continue as an Executive Vice President and the Treasurer of the Company.”

Brian J. Willey changed role as Chief Financial Officer at Matador Resources Co.

“Matador Resources Company (the “Company”) today announced the promotion of Brian J. Willey to Chief Financial Officer, President of Midstream Operations and Executive Vice President, effective as of February 16, 2023.”

Matador Resources Co entered into Purchase Agreement with AEP EnCap HoldCo, LLC and Ameradvance Management LLC valued at $1,600,000,000 (effective 2023-01-24).

“On January 24, 2023, wholly-owned subsidiaries of Matador Resources Company (“ Matador ”), MRC Hat Mesa, LLC (“ Purchaser ”) and, solely for the purposes of guaranteeing the obligations of Purchaser, MRC Energy Company (“ MRC Energy ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with AEP EnCap HoldCo, LLC (“ AEP EnCap ”), Ameradvance Management LLC (“ ManagementCo ” and, together with AEP EnCap, each a “ Seller ” and collectively, the “ Sellers ”) and Advance Energy Partners Holdings, LLC (the “ Target ”).”

Michael D. Frenzel was appointed as Principal Financial Officer at Matador Resources Co.

“the Company’s Board of Directors appointed Michael D. Frenzel, age 40, the Company’s Senior Vice President and Treasurer, to succeed Mr. Lancaster as Principal Financial Officer, effective March 31, 2022.”

Van H. Singleton, II was appointed as President – Land, A&D and Planning at Matador Resources Co.

“and (ii) Van H. Singleton, II, age 44, who was the Company’s Executive Vice President of Land, to President – Land, A&D and Planning.”

Billy E. Goodwin was appointed as President – Operations at Matador Resources Co.

“the Company’s Board of Directors appointed the following executive officers, effective March 31, 2022, to succeed Mr. Hairford as President of the Company: (i) Billy E. Goodwin, age 64, who was the Company’s Executive Vice President and Chief Operating Officer—Drilling, Completions & Production, to President – Operations”

Matthew V. Hairford retired as President at Matador Resources Co.

“Matthew V. Hairford retired as President of Matador Resources Company (the "Company") and David E. Lancaster retired as Executive Vice President and Chief Financial Officer of the Company, in each case effective on March 31, 2022.”

Michael D. Frenzel was appointed as Principal Financial Officer at Matador Resources Co.

“Michael D. Frenzel, age 40, the Company’s current Senior Vice President and Treasurer, to succeed Mr. Lancaster as Principal Financial Officer, effective March 31, 2022”

Van H. Singleton, II was appointed as President – Land, A&D and Planning at Matador Resources Co.

“Van H. Singleton, II, age 44, the Company’s current Executive Vice President of Land, to President – Land, A&D and Planning”