Matador Resources Company announced that Matador and its lenders successfully amended the Company?s credit agreement to, among other things, (1) increase the elected commitment from $1.325 billion to $1.5 billion, (2) increase the maximum facility amount from $2.0 billion to $3.5 billion and (3) extend the maturity date by three years to 2029. Matador is also pleased to announce that five new banks joined the credit facility, bringing the total bank group to 19 banks. These new banks are Capital One, N.A., Citizens Bank, N.A., Mizuho Bank Ltd., The Toronto-Dominion Bank, New York Branch, and Wells Fargo Bank, N.A.
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5-day change | 1st Jan Change | ||
66.15 USD | +0.82% | +2.27% | +16.34% |
Apr. 26 | Truist Raises Price Target on Matador Resources to $87 From $85, Keeps Buy Rating | MT |
Apr. 24 | Transcript : Matador Resources Company, Q1 2024 Earnings Call, Apr 24, 2024 |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+16.34% | 8.25B | |
+11.51% | 307B | |
+12.19% | 153B | |
+56.15% | 125B | |
+23.06% | 83.91B | |
+12.65% | 78.37B | |
+21.66% | 63.92B | |
+14.27% | 60.48B | |
+13.16% | 50.09B | |
+32.74% | 36.71B |
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