Matador Resources closes $1.255B Paloma Permian acquisition

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Matador Resources Company Closes Paloma Acquisition and Provides Additional Integration Details

October 1, 2026 4:15 PM EDT

DALLAS--(BUSINESS WIRE)-- Matador Resources Company (NYSE: MTDR) (Matador or the Company) today announced the closing of the previously announced acquisition of Paloma Permian LLC (Paloma), a portfolio company of EnCap Investments L.P. (EnCap), for cash consideration of $1.255 billion, which amount is subject to customary post-closing adjustments (the Paloma Acquisition). Highlights of the Paloma Acquisition include:

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Adds over 156 net... More