Matador Resources anticipates $900 million in free cash flow by 2026 and plans to expand its Delaware Basin operations through leasing and acquisitions.
Matador Resources unveiled its growth strategy at a Chicago conference, projecting approximately $900 million in free cash flow by 2026 with continuous production increases. The company plans to add 17,000 net acres through leasing, trades, and acquisitions to expand its oil and gas reserves in the Delaware Basin. Additionally, Matador anticipates its integrated midstream business will generate nearly $400 million in EBITDA by 2026 and is evaluating unlocking its value through entity-level debt or a potential IPO.
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