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Matador's next strategic move post-Delaware Basin acquisition by mid-2025
4
Resolution / Starting Odds
Another acquisition • 33%
Developing new assets • 33%
No significant moves • 34%
Company press releases, industry news
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Matador Resources Announces $1.91 Billion Delaware Basin Acquisition
Jun 12, 2024, 01:43 PM
Matador Resources Company has announced a strategic acquisition in the Delaware Basin, agreeing to buy assets from Ameridev Resources for $1.91 billion. This acquisition is part of a broader trend of consolidation in the Permian Basin. The deal involves purchasing assets from a portfolio company of EnCap Investments. Matador's executive stated that the company is continuing to explore optionality and opportunities with its existing midstream assets.
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Acquisition of another luxury brand • 33%
Expansion into new geographical markets • 33%
Launch of new product lines • 34%
Expansion in other areas • 25%
Divestment from more assets • 25%
Partnerships or joint ventures • 25%
No significant changes • 25%
Expands to other states • 33%
Expands internationally • 33%
Remains only in Texas • 34%
Expansion • 25%
Maintain Current Operations • 25%
Scale Down • 25%
Sell Off Assets • 25%
Series B Funding • 33%
Strategic Investment • 33%
No Further Investment • 34%
Increase stake in current holdings • 33%
Reduce stake in other major holdings • 33%
Invest in new sectors • 34%
Further layoffs • 33%
Sale of a business unit • 33%
Acquisition of a smaller competitor • 34%
Expansion of operations • 25%
Operational restrictions by US • 25%
Closure or downsizing • 25%
No significant change • 25%
Expansion of product lines • 25%
Restructuring of existing brands • 25%
Acquisitions of other companies • 25%
Sale of existing brands • 25%
Accepts Sony and Apollo's offer • 25%
Accepts another offer • 25%
Merges with another entity • 25%
Remains independent • 25%