Business Context and Reporting Period
This Form 8-K Current Report was filed by Matador Resources Company on August 28, 2019, with the earliest event reported on that date. The filing primarily addresses corporate governance changes, specifically the appointment of a new director to the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel appointments and does not contain financial performance data.
Material Changes
The material change reported is the appointment of Monika U. Ehrman as a director, effective August 30, 2019. Professor Ehrman brings significant industry experience, including tenure as a Professor of Law at the University of Oklahoma College of Law, prior roles as in-house legal counsel for oil and gas companies, and a background as a petroleum engineer. She has been assigned to the Corporate Governance, Operations, and Engineering and Prospect Committees.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, or management commentary regarding future financial performance. No specific risks or contingencies related to the company's operations were disclosed in this document. The appointment is standard and does not involve any unusual items or undisclosed arrangements.
Investor Verification Checklist
- Verify the effective date of Professor Ehrman's directorship (August 30, 2019).
- Review the Company's Proxy Statement for the Annual Meeting of Shareholders held on June 6, 2019, to confirm the director compensation program applicable to the new appointee.
- Confirm Professor Ehrman's committee assignments: Corporate Governance, Operations, and Engineering and Prospect.
- Note that the press release regarding this appointment was issued on September 4, 2019, and is included as Exhibit 99.1.