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AI brief of an SEC Form 8-K · Matador Resources (MTDR)

Matador closes $1.255 billion Paloma Permian acquisition in New Mexico

Positive Impact 4 of 5 m&a Written later

Matador Resources completed its acquisition of Paloma Permian LLC on October 1, 2026, paying $1.255 billion in cash, subject to post-closing adjustments. The company says the deal adds about 16,500 net acres in Eddy and Lea Counties, New Mexico, and over 156 net drilling locations, and expects it to support free cash flow and debt repayment.

Key points

  • Closed October 1, 2026, for $1.255 billion in cash, subject to post-closing adjustments
  • Adds about 16,500 net, mostly undeveloped acres in Eddy and Lea Counties, New Mexico
  • Adds over 156 net locations; Matador expects to begin drilling up to 25 wells by year-end 2027
  • Expects to pay down its PNC Bank-led credit facility by $350-400 million in Q4 2026, depending on commodity prices

The filing

CompanyMatador Resources (MTDR)
Form8-K, current report
Filed with the SECOct 5, 2026, 7:36 AM ET
Accession number0001520006-26-000050

Items reported: 2.01 Acquisition or Disposition Completed7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

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 October 05, 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.