MTDR

Matador Resources Company

A Texas-based independent oil and gas company, Matador Resources drills for oil and natural gas in the Delaware Basin, a prime region spanning West Texas and New Mexico, using plays like the Wolfcamp and Bone Spring. Beyond pumping wells, it also runs midstream operations through its San Mateo joint venture, which processes natural gas. The company was founded in 2003 by Joseph Foran, who had already built and sold an earlier venture also named "Matador"—a name he carried forward from a Texas ranching legacy. Its signature "Matador" name echoes the Spanish word for bullfighter.