Matador Resources Targets Growth, with Free Cash Flow Reaching $900 Million by 2026
2026-08-28 01:16:33
According to CoinMeta, Matador Resources stated in its latest release that it expects to achieve approximately $900 million in free cash flow by 2026 and continue to increase production. The company is expanding its operations in the Delaware Basin, acquiring an additional 17,000 acres of land through leasing, transactions, and acquisitions. Matador also plans to generate nearly $400 million in EBITDA through its integrated midstream business in 2026. Since 2024, the company has reduced its drilling and completion costs per foot by 12%.
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Source:Internet
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