Business Context and Reporting Period
Company: Matador Resources Company (MTDR)
Filing Type: Form 8-K (Current Report)
Date of Report: February 21, 2022
Event: Declaration of a quarterly cash dividend on 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 values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves solely to announce the dividend declaration.
Material Changes
No material changes to financial performance or operations are detailed in this filing. The primary change is the formal declaration of a quarterly cash dividend.
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.
- Regulatory Note: The information furnished 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 details are referenced but not included in the main text of this 8-K.
- Review the October 2021 dividend policy adoption to understand the framework for future payouts.
- Monitor subsequent filings for updates on cash flow and capital requirements that may influence future dividend decisions.