Matador Resources Launches Stock Offering-February 2024-www.financetom.com

Matador Resources Launches Stock Offering

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Matador Resources Launches Stock Offering

Mar 25, 2024 2:14 PM

04:50 PM EDT, 03/25/2024 (MT Newswires) -- Matador Resources ( MTDR ) said late Monday it has launched a public offering of 5.25 million shares, with JPMorgan and BofA Securities as underwriters.

The company plans to use the net proceeds for general corporate purposes.

Its shares were down about 2.3% in after-hours activity.

Price: 66.83, Change: -1.72, Percent Change: -2.51

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