SCHEDULE: Vanguard Group Discloses 11.72% Stake in Matador Resources Co

The Vanguard Group has filed an amended Schedule 13G, reporting a beneficial ownership of 11.72% in Matador Resources Co common stock as of June 30, 2025.

Summary

• The Vanguard Group reported beneficial ownership of 14,679,275 shares of Matador Resources Co common stock.
• This ownership represents 11.72% of the total class of securities.
• The filing is an Amendment No. 13 to a Schedule 13G, indicating an update to a previously filed beneficial ownership statement.
• The Vanguard Group holds 0 shares with sole voting power, 75,204 shares with shared voting power, 14,474,989 shares with sole dispositive power, and 204,286 shares with shared dispositive power.
• The filing confirms that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: The filing indicates a significant, passive institutional investment by The Vanguard Group, which is generally a neutral to slightly positive signal for the issuer, confirming institutional interest without implying active management or strategic changes.

Positives

• The disclosure of a significant 11.72% stake by a major institutional investor like The Vanguard Group can signal long-term institutional confidence in Matador Resources Co.

Future Outlook

This filing does not contain forward-looking statements or guidance from Matador Resources Co, as it is a beneficial ownership report from an institutional investor.

Industry Context

The filing reflects a routine disclosure by a major asset management firm, The Vanguard Group, regarding its passive investment holdings in Matador Resources Co, which operates in the energy sector. Such institutional holdings are common across publicly traded companies and indicate a standard portfolio allocation.

Comparison to Industry Standards

• The 11.72% beneficial ownership by The Vanguard Group is a substantial institutional stake, consistent with large index fund or passively managed portfolio allocations in companies of Matador Resources Co's market capitalization within the energy sector.
• This level of ownership is typical for major asset managers like BlackRock, State Street, or Fidelity, who also hold significant passive stakes across various public companies.

Stakeholder Impact

• Shareholders: Confirmation of a significant institutional holder, potentially indicating stability in the shareholder base and broad market confidence in the company.

Next Steps

• The Vanguard Group will file future amendments to this Schedule 13G if its beneficial ownership percentage changes by more than 1% or if its investment intent changes from passive to active.

Key Dates

Recommendation

This Schedule 13G filing primarily discloses The Vanguard Group's beneficial ownership stake in Matador Resources Co. It does not contain financial performance data, strategic updates, or forward-looking guidance from the company itself that would warrant a change in investment recommendation. The filing indicates a significant, passive institutional holding, which is generally a neutral factor for investment decisions.

Keywords

Matador Resources Co, Vanguard Group, Schedule 13G, beneficial ownership, common stock, institutional investment, energy sector, oil and gas