Matador Resources Completes $1.26B Acquisition of Paloma

Key Facts

Matador Resources completed the acquisition of Paloma for $1.26 billion. Investing.com reported that the company has finalized the integration of Paloma's assets into its portfolio following the formal closing of the transaction.

The completion of the deal marks the transition from the initial agreement to full operational control by Matador Resources. The move underscores a continued focus on expanding its energy sector footprint through mid-cap consolidation.