Business Context and Reporting Period
Company: Matador Resources Company (MTDR)
Filing Type: Form 8-K (Current Report)
Date of Report: July 31, 2019
Reporting Period: Financial results for the three and six months ended June 30, 2019, with an operational update as of July 31, 2019.
Key Financial Metrics
This filing serves as a notification of the release of financial results and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity within the text provided. The actual figures are contained in the attached Press Release (Exhibit 99.1) and the accompanying Presentation, which are incorporated by reference.
Non-GAAP Measures Disclosed: The referenced materials include reconciliations for:
- Adjusted EBITDA attributable to shareholders.
- Combined Adjusted EBITDA of midstream affiliates (San Mateo Midstream, LLC and San Mateo Midstream II, LLC).
- Adjusted net income (loss) and adjusted earnings (loss) per diluted common share.
Material Changes
The filing text does not provide specific data regarding material changes versus prior comparable periods. Investors must refer to the attached Press Release (Exhibit 99.1) for comparative analysis of the three and six-month periods ended June 30, 2019.
Guidance, Outlook, and Risks
Outlook: The filing references an operational update as of July 31, 2019, included in the Press Release. Specific guidance or forward-looking statements are not detailed in the 8-K text itself.
Risks and Contingencies: No specific risks or contingencies are enumerated in this filing text. The document notes that the information furnished is not deemed "filed" for purposes of Section 18 of the Exchange Act unless specifically incorporated by reference.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific revenue, Adjusted EBITDA, and net income figures for the three and six months ended June 30, 2019.
- Access the Company's Investor Relations website to view the Presentation summarizing the highlights of the Press Release.
- Verify the reconciliation of non-GAAP financial measures to GAAP measures provided in the referenced materials.
- Confirm the operational update details as of July 31, 2019, which are not included in the 8-K text.