Matador Resources Co: Acquires Paloma Permian for $1,275,000,000

What happened

• Matador Resources Co reported that MRC Ranger, LLC, a wholly-owned subsidiary, consummated the previously disclosed acquisition of Paloma Permian, LLC pursuant to a Securities Purchase Agreement dated Jul 22, 2026.
• Sellers included Paloma Permian Holdings, LLC and Paloma Permian Intermediate, LLC; MRC Energy Company guaranteed certain obligations.
• Upon closing on Oct 1, 2026, Purchaser paid the as-adjusted closing purchase price of approximately $1,255,000,000 in cash; the Purchase Agreement provided for a purchase price of $1,275,000,000, subject to customary adjustments.

Key details

• The Target and its subsidiaries own proved undeveloped acreage and oil and natural gas producing properties in Eddy and Lea Counties, New Mexico.
• The Purchase Agreement is dated Jul 22, 2026; the acquisition was consummated on Oct 1, 2026.
• Matador issued a press release on Oct 1, 2026 announcing the closing (reported under Item 7.01).

Why it may matter

• The filing reports Item 2.01 (completion of an acquisition or disposition of assets), describing the closing and cash consideration, and Item 7.01 (Regulation FD disclosure) for the press release announcing the closing.
• This filing does not show why the company acted.