Business Context and Reporting Period
This Form 8-K filing by Matador Resources Company (MTDR) is dated September 24, 2025, with a report date of September 30, 2025. The filing primarily addresses a significant change in executive leadership within the finance department.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Executive Promotion: Robert T. Macalik has been promoted to Executive Vice President and Chief Financial Officer, effective September 29, 2025.
- Role Transition: Mr. Macalik will assume the role of principal financial officer from William D. Lambert, who ceased serving as CFO on September 24, 2025.
- Continuity: Mr. Macalik will continue to serve as CFO of San Mateo Midstream, LLC, the Company's midstream joint venture.
- Reason for Departure: The filing explicitly states that Mr. Lambert's departure is not related to any financial or accounting issues or disagreements regarding operations, policies, or practices.
Guidance, Outlook, and Risks
The filing does not contain updated financial guidance, outlook, or new risk factors. It references an Employment Agreement between Mr. Macalik and MRC Energy Company, a wholly-owned subsidiary, effective September 29, 2025. Details regarding compensation and severance arrangements are incorporated by reference from the Company's 2025 Proxy Statement and a prior Form 10-Q.
Investor Verification Checklist
- Verify the terms of the Employment Agreement for Robert T. Macalik referenced in the 2025 Proxy Statement and the Form 10-Q filed on April 26, 2024.
- Confirm the transition timeline for William D. Lambert's departure and any potential separation payments.
- Review the press release (Exhibit 99.1) for additional context on the leadership change.
- Monitor upcoming quarterly reports for any impact on financial reporting consistency following the CFO transition.