Matador Resources Company (NYSE: MTDR) announced two executive promotions effective April 21, 2026, according to a company statement.

Christopher P. Calvert was promoted to Executive Vice President and Chief Financial Officer, while Glenn W. Stetson was promoted to Executive Vice President and Chief Operating Officer. Both executives have over ten years of experience at Matador and approximately 20 years of industry experience.

Calvert joined Matador in October 2014 and most recently served as Executive Vice President and Chief Operating Officer. He assumes the CFO role from Robert T. Macalik, who ceased serving as Chief Financial Officer on April 21, 2026. The company stated that Macalik's departure is not related to any financial or accounting issues or disagreements with Matador.

Stetson joined the company in August 2014 and most recently served as Executive Vice President of Production. Both executives have served on Matador's Executive Committee.

"Chris and Glenn have both operational and leadership experience, and they have been large contributors to Matador's growth since joining us in 2014," said Joseph Wm. Foran, Matador's Founder, Chairman and Chief Executive Officer.

Matador Resources is an independent energy company focused on oil and natural gas exploration, development and production in the United States. The company's operations are concentrated in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas, as well as the Haynesville shale and Cotton Valley plays in Northwest Louisiana.