Business context and reporting period
Matador Resources Company reported that its wholly owned subsidiary, MRC Ranger, LLC, completed the acquisition of Paloma Permian, LLC on October 1, 2026. The acquired company and subsidiaries own proved undeveloped acreage and producing oil and natural gas properties in Eddy and Lea Counties, New Mexico. The 8-K was signed October 5, 2026.
Transaction and key financial information
| Item | Reported information |
|---|---|
| Stated purchase price | $1.275 billion in cash, subject to customary adjustments |
| Cash paid at closing | Approximately $1.255 billion, subject to customary post-closing adjustments |
| Adjustment items noted | Working capital, title defects, and environmental defects |
This 8-K does not provide acquisition-related revenue, profit, production, cash-flow, margin, debt, or liquidity figures, or a clear description of how the purchase was funded.
Material changes versus the prior comparable period
The filing reports completion of an acquisition previously disclosed in a July 22, 2026 securities purchase agreement. It provides no comparable-period operating or financial results, so the effect on Matador’s results cannot be assessed from this filing alone.
Outlook, commentary, risks, and unusual items
No guidance or outlook is provided. The closing payment remains subject to customary post-closing adjustments. Matador cautions that the purchase agreement’s representations, warranties, and covenants are qualified by confidential disclosure schedules, relate to specified dates, and should not be treated as statements of current fact about the parties or assets.
Important facts for investors to verify
- Final purchase price after post-closing adjustments.
- Acquired properties’ production, reserves, operating results, and capital requirements in subsequent disclosures.
- Funding sources and resulting effects on Matador’s debt and liquidity.
- Additional transaction details in the purchase agreement and October 1, 2026 press release (Exhibit 99.1).