Business Context and Reporting Period
Company: Matador Resources Company (MTDR)
Filing Type: Form 8-K (Current Report)
Date of Report: April 25, 2022
Principal Executive Offices: Dallas, Texas
Context: This filing serves as a Regulation FD disclosure to announce the declaration of a quarterly cash dividend on the Company's common stock, pursuant to the dividend policy adopted by the Board of Directors in October 2021.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the corporate action of declaring a dividend rather than reporting operational financial results.
Material Changes
No material changes to financial performance or operational status are detailed in this specific filing. The primary event is the initiation of a dividend payment under the established policy.
Guidance, Outlook, and Management Commentary
- Dividend Policy: Future dividend payments are at the discretion of the Board of Directors.
- Determining Factors: Decisions will depend on results of operations, cash flows, financial position, capital requirements, general business conditions, and legal, tax, and regulatory restrictions.
- Legal Status: The information furnished, including the attached press release, 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 date in the attached Exhibit 99.1 (Press Release), as these figures are not included in the main text of the 8-K.
- Review the Company's most recent 10-Q or 10-K to assess the cash flow and liquidity position supporting the dividend declaration.
- Confirm the payment date for the declared dividend.