Matador Resources (MTDR) Update - Mar 30

dan_s · Post by **dan_s** » Mon Mar 30, 2020 11:08 am

Matador Resources Company (MTDR, $2.35, Hold; Target $6.00)
By Michael S. Scialla at Stifel on 3/30/2020

'Our 3/27/20 note stated that MTDR had $543MM drawn on a $900MM credit facility. Our corrected note, below, indicates that $255MM was drawn on the facility. This excludes debt on San Mateo's facility, which is non-recourse to MTDR.