Matador Resources Company

Frequently Asked Questions About MTDR

What does MTDR invest in?

Matador Resources Company operates as an independent energy firm, primarily engaged in the identification, development, extraction, and acquisition of crude oil and natural gas reserves throughout the United States. Its business operations are structured into two distinct divisions: Exploration and Production, and Midstream. The company's key asset holdings are concentrated in the Wolfcamp and Bone Spring formations within the Delaware Basin, which spans southeastern New Mexico and West Texas. Additionally, Matador maintains active operations in South Texas's Eagle Ford shale play, as well as the Haynesville shale and Cotton Valley plays located in Northwest Louisiana. To support its core upstream activities, Matador also manages midstream operations. These services include natural gas processing, crude oil transportation, and the gathering of oil, natural gas, and produced water. Furthermore, the company extends produced water disposal and other gathering services to external clients. As of December 31, 2021, Matador Resources reported estimated total proved oil and natural gas reserves amounting to 323.4 million barrels of oil equivalent. This total was comprised of 181.3 million stock tank barrels of oil and 852.5 billion cubic feet of natural gas. Originally incorporated as Matador Holdco, Inc., the company officially adopted its current name, Matador Resources Company, in August 2011. Established in 2003, Matador Resources Company maintains its corporate headquarters in Dallas, Texas.

What is the expense ratio of MTDR?

An expense ratio for Matador Resources Company (MTDR) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is MTDR?

Matador Resources Company (MTDR) manages $6.52B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MTDR actively managed or an index fund?

MTDR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MTDR launched?

Matador Resources Company (MTDR) launched in February 2012 and is managed by the fund issuer.

How has MTDR performed?

MTDR's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.