By Denny Jacob
Matador Resources is preparing for tariffs.
The energy company said it has fortified its balance sheet by entering into additional hedges and selling non-core assets, among other efforts.
Matador noted it expects steel prices for goods such as casing, valves and surface equipment to increase this year. It added that its inventory for the majority of drilling in 2025 has already been secured.
Matador said it doesn't expect any recent tariffs to impact its well costs until the second half of 2025.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
April 04, 2025 06:58 ET (10:58 GMT)
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