Public Company Energy

Matador Resources Company

Dallas, Texas, United States

Dallas-based, publicly traded independent energy company (NYSE: MTDR) engaged in exploration, development, production and acquisition of oil and natural gas resources in the U.S., with a particular emphasis on shale plays and other unconventional plays. Operations are primarily focused on the Wolfcamp and Bone Spring plays in the Delaware Basin, with additional operations in the Haynesville shale and Cotton Valley plays.

Focus Areas
Exploration & Production (Oil & Gas), Unconventional Onshore (Delaware Basin), Unconventional Onshore (Haynesville / Cotton Valley)

Tracked deals

6

6 tracked deals across 2023-2026.

Recent pace

4

4 tracked deals announced in the last 12 months.

Deal mix

Buyout

5 buyout · 1 addon

Matador Resources Company Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Matador Resources Company. 1 2023 1 2024 ~5 est. 4 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Matador Resources Closes Paloma Acquisition
    October 1, 2026
    Buyer
    Matador Resources Company, EnCap Investments L.P.
    Target
    Paloma Permian LLC
    Seller
    EnCap Investments L.P.
    Industry
    Oil & Gas
    Location
    New Mexico, United States
    Type
    Buyout

    Matador Resources announced it has closed its previously announced acquisition of Paloma Permian LLC from EnCap Investments for $1.255 billion subject to post-closing adjustments. The closed deal adds approximately 16,500 net primarily undeveloped acres in Eddy and Lea Counties, New Mexico, and expands Matador’s Delaware Basin footprint.

  • San Mateo Midstream (Matador and Five Point) Acquires Cardinal Midstream
    August 4, 2026
    Buyer
    San Mateo Midstream, LLC, Matador Resources Company, Five Point Infrastructure LLC
    Target
    Cardinal Midstream Partners, LLC, Cardinal Midstream Partners operating subsidiaries
    Seller
    EnCap Flatrock Midstream
    Industry
    Industrial Services
    Location
    Texas, United States
    Type
    Buyout

    San Mateo Midstream, a joint venture between Matador Resources and Five Point Infrastructure, completed its $752 million acquisition of the operating subsidiaries of Cardinal Midstream Partners. The deal expands San Mateo’s integrated natural gas gathering and processing footprint across the northern Delaware Basin, adding processing capacity exceeding 1 Bcf/d and more than 800 miles of gathering pipelines.

  • Matador Resources to Acquire Ridge Runner Resources II, LLC (EnCap Portfolio)
    July 23, 2026
    Buyer
    Matador Resources Company, EnCap Investments L.P.
    Target
    Ridge Runner Resources II, LLC
    Seller
    EnCap Investments L.P.
    Industry
    Oil & Gas
    Location
    New Mexico, United States
    Type
    Buyout

    In a separate transaction, Matador agreed to acquire primarily undeveloped Woodford acreage from Ridge Runner Resources II, LLC, another EnCap portfolio company. The deal is intended to expand Matador’s contiguous Woodford acreage position in the Delaware Basin and add additional drilling locations and reserves.

  • Matador Resources to Acquire Paloma Permian LLC from EnCap Investments
    July 23, 2026
    Buyer
    Matador Resources Company, EnCap Investments L.P.
    Target
    Paloma Permian LLC
    Seller
    EnCap Investments L.P.
    Industry
    Oil & Gas
    Location
    New Mexico, United States
    Type
    Buyout

    Matador Resources announced a definitive agreement to acquire Paloma Permian LLC, a portfolio company of EnCap Investments, for $1.275 billion in cash. The acquisition is expected to close in Q4 2026 and adds large Woodford acreage in Eddy and Lea Counties, New Mexico.

  • Matador Resources Acquires Ameredev Subsidiary in Delaware Basin
    June 12, 2024
    Buyer
    Matador Resources Company
    Target
    Ameredev (subsidiary of Ameredev II Parent, LLC)
    Seller
    Ameredev II Parent, LLC, Affiliates of EnCap Investments L.P.
    Industry
    Energy
    Location
    Texas, United States
    Type
    Buyout

    Matador Resources Company agreed to acquire a subsidiary of Ameredev II Parent, LLC (Ameredev) — including producing oil and gas properties and ~33,500 net contiguous acres in the Delaware Basin — for approximately $1.83–1.905 billion in cash (subject to adjustments). The transaction adds material production (~25,000–26,500 BOE/d), ~118 million BOE of proved reserves and an approximate 19% stake in Piñon Midstream, expanding Matador's Delaware Basin footprint and midstream exposure.

  • Matador Resources Acquires Advance Energy Partners from EnCap
    January 24, 2023
    Buyer
    Matador Resources Company
    Target
    Advance Energy Partners Holdings, LLC
    Seller
    EnCap Investments L.P.
    Industry
    Energy
    Location
    United States
    Type
    Addon

    Matador Resources Company agreed to acquire Advance Energy Partners Holdings, LLC — an EnCap-backed oil and natural gas producer with acreage and producing properties in the northern Delaware Basin — for an initial cash consideration of approximately $1.6 billion plus potential contingent payments tied to 2023 oil prices. The bolt‑on acquisition adds ~18,500 net acres (99% held by production), material near-term production and a large inventory of drilling locations, and provides midstream synergy opportunities with Matador’s Pronto Midstream subsidiary.

Related Acquisition Pages

Oil & Gas Buyers & Acquisitions 3 tracked deals by Matador Resources Company. Energy Buyers & Acquisitions 2 tracked deals by Matador Resources Company. Industrial Services Buyers & Acquisitions 1 tracked deal by Matador Resources Company. Acquisitions in New Mexico 3 tracked deals by Matador Resources Company. Acquisitions in Texas 2 tracked deals by Matador Resources Company.

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