Business Context and Reporting Period
Company: Matador Resources Company
Filing Type: Form 8-K (Current Report)
Date of Report: July 25, 2022
Principal Executive Offices: Dallas, Texas
Trading Symbol: MTDR (New York Stock Exchange)
This filing serves as a Regulation FD disclosure regarding the declaration of a quarterly cash dividend on the Company's common stock, pursuant to a dividend policy adopted by the Board of Directors in June 2022.
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 quarterly cash dividend payment under the new 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 in this Item 7.01 and the attached press release (Exhibit 99.1) 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 Press Release (Exhibit 99.1), as these figures are not included in the main text of the 8-K.
- Confirm the payment date for the declared dividend.
- Review the June 2022 Board meeting minutes or related disclosures for the full text of the adopted dividend policy.
- Monitor future 8-K filings or quarterly reports (10-Q/10-K) for updates on cash flow and capital requirements that may impact future dividend declarations.