Matador Resources (MTDR) Provides Update on 2020 Operational Plan
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/6/2026
- S&P 500, Nasdaq touch new peaks as Treasury yields cool, oil slips
- Oil slips as Mideast exports, G7 stockpile ease supply concerns
- U.S. 10-year yield climb revives dotcom-era parallels: UBS weighs in
- Goldman flags 2 key market risks if a climb in yields persists
- Shell CEO says Middle East oil flows reach 80% of prewar levels
- HubSpot to cut 7% of workforce in restructuring plan
- Paramount Skydance to close WBD deal, change ticker to SKYD
- Citi cuts investment banking analyst program to two years - Bloomberg
- Nasdaq notches record high close as investors focus on earnings
- Emera and Canadian Utilities agree to merge in $72B all-share deal
Matador Resources Company Provides Update on 2020 Operational Plan
March 11, 2020 6:00 AM EDTDALLAS--(BUSINESS WIRE)-- Matador Resources Company (NYSE: MTDR) (Matador or the Company) today provided a brief update on its 2020 operational plan in response to the recent sharp decline in oil prices.
Updated 2020 Operational Plan
Matador expects to take the following actions over the next several months to reduce its capital spending and protect its balance sheet.
Reduce its operated drilling program from six rigs to three rigs before June 30, 2020. Matador expects to release one of its six operated rigs by the end of March... More


