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Matador Resources Company Announces Start up of Marlan Plant Expansion, Credit Rating Upgrade and Borrowing Base Reaffirmation

DALLAS, May 29, 2025--Matador Resources Company (NYSE: MTDR) ("Matador") and its midstream affiliate, San Mateo Midstream, LLC ("San Mateo") today announced the successful start up of San Mateo’s Marlan cryogenic natural gas processing plant (the "Marlan Plant") expansion in Eddy County, New Mexico. In addition, Matador is pleased to announce a recent upgrade by Fitch Ratings, Inc. ("Fitch") to the Company’s corporate credit rating to BB and the reaffirmation of the Company’s $3.25 billion borro

articleMatador Resources CompanyMay 29, 20258/company/matador-resources-company/news/matador-resources-company-announces-start-103000437
Matador Resources Company Announces Start up of Marlan Plant Expansion, Credit Rating Upgrade and Borrowing Base Reaffirmation

About this update from Matador Resources Company

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More updates from Matador Resources Company

Matador Resources CompanyMarlan Plantnatural gas processingSan Mateocorporate credit ratingnatural gas liquidsnatural gasEddy County, New MexicoFitch Ratingsborrowing baserevolving credit facility