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Matador Resources Reports Strong 2024 Financial Results

Story Highlights
  • Matador Resources increased dividends by 25% and reported record production in 2024.
  • The company achieved significant operational efficiencies and improved its financial outlook for 2025.
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Matador Resources Reports Strong 2024 Financial Results

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Matador Resources ( (MTDR) ) has shared an announcement.

Matador Resources reported its financial and operational results for the fourth quarter and the entire year of 2024, highlighting a 25% dividend increase, record production levels, and strategic operational advancements. The company announced successful acquisitions and integrations, along with significant improvements in operational efficiencies that contribute to its strong financial outlook for 2025, including expectations of increased cash flow and reduced leverage.

More about Matador Resources

Matador Resources Company operates in the oil and natural gas industry, focusing on upstream and midstream activities, primarily in the Delaware Basin.

YTD Price Performance: -1.53%

Average Trading Volume: 1,021,760

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $7.14B

For detailed information about MTDR stock, go to TipRanks’ Stock Analysis page.

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