Business Context and Reporting Period
Company: Matador Resources Company (MTDR)
Filing Type: Form 8-K (Current Report)
Date of Report: April 17, 2024
Primary Event: Declaration of a quarterly cash dividend on common stock pursuant to the dividend policy adopted by the Board of Directors in October 2023.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a regulatory notice of a dividend declaration rather than a financial performance report.
Material Changes
No material changes to financial performance or operational metrics are detailed in this filing. The primary change is the formal declaration of a quarterly cash dividend, subject to the discretion of the Board based on future results of operations, cash flows, and capital requirements.
Guidance, Outlook, and Risks
- Dividend Policy: Future dividend payments are at the discretion of the Board and depend on results of operations, cash flows, financial position, capital requirements, general business conditions, and legal, tax, and regulatory restrictions.
- Regulatory Note: Information furnished under Item 7.01 is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and will not be incorporated by reference into other filings unless specifically identified.
Investor Verification Checklist
- Verify the specific dividend amount per share and the record/payment dates in the attached press release (Exhibit 99.1), as these figures are not included in the 8-K text body.
- Review the October 2023 dividend policy to understand the criteria for future declarations.
- Monitor upcoming quarterly earnings reports for the financial metrics (cash flow, liquidity) that will influence future dividend decisions.