Matador Resources raises credit facility commitments to $2.75 billion
Matador Resources' subsidiary MRC Energy signed an amendment to its secured revolving credit facility on June 10, 2026, reaffirming the borrowing base at $3.25 billion and raising elected commitments from $2.25 billion to $2.75 billion. The company also reported that its shareholders elected three directors and approved its executive pay and auditor at the June 11, 2026 annual meeting.
Key points
- Elected borrowing commitments rose from $2.25 billion to $2.75 billion under the Eighth Amendment dated June 10, 2026.
- Borrowing base reaffirmed at $3.25 billion in the regularly scheduled May 1 redetermination.
- PNC Bank, National Association, is administrative agent for the lenders.
- Shareholders elected Joseph Wm. Foran, Reynald A. Baribault and Timothy E. Parker as Class III directors, and ratified KPMG LLP for 2026.
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.