Matador Resources Co Announces Co‑President Retirement and Advisor Deal

What Happened
Matador Resources Company (MTDR) announced on Sept. 9, 2026 that Van H. Singleton, II retired from his role as Co‑President – Land, Acquisitions and Divestitures and Planning and transitioned to a Special Advisor to the Board and Executive Committee. Bryan A. Erman (Co‑President, Chief Legal Officer & Head of M&A since June 2025) will assume Mr. Singleton’s Co‑President duties, and Jonathan J. Filbert (Executive VP – Land since Oct. 2023) will take on Singleton’s responsibilities for land, acquisitions and divestitures.

Key Details

• Effective date: September 9, 2026 (8‑K filed Sept. 10, 2026).
• Advisor Agreement: Singleton entered an advisor agreement paying $450,000 per year, paid monthly.
• Equity & terms: The agreement confirms continued vesting of Mr. Singleton’s outstanding equity awards during the consulting term and includes confidentiality, non‑competition and non‑solicitation covenants.
• Reporting/term: Singleton will report to the Chairman or CEO (or their designee); the agreement continues until terminated by either party.

Why It Matters
This is a leadership transition that preserves continuity in Matador’s land and M&A functions while keeping Singleton available to the company as an advisor. For investors, the items to note are the maintained leadership structure (Erman and Filbert covering core responsibilities), the $450k advisor fee, and the continued vesting of Singleton’s equity awards, which affects retention and potential future equity-related dilution. The non‑compete and confidentiality terms reduce the risk of immediate loss of institutional knowledge related to Matador’s acquisition/divestiture strategy.