Matador Resources Company (NYSE:MTDR) Q1 2024 Earnings Call Transcript

And, as long as 40 years and many that are in the 20 to 30 years, and you can ask about their experience, and you have a chance to visit with our young people and take an estimate of what you think of them. They’ll be there with displays about the new drilling bits that are coming onto the market and other bits of innovation as the U-turn wells and explain how that comes about as well as other things we get questioned. So really think that’s an opportunity that you may not get with larger companies. They’re more formal. But we really invite you. We’d like to get to know you all better and continue to have more dialogue. So Brian invites you and Van, and our President. Let me turn it to our President, Van, what would you add to all this?

Van Singleton: I think, Joe, one thing I would add is just, obviously, everyone on the phone can’t see the room, but the room is full with our team and the staff. And really want to thank everybody in the room, everyone in the whole company, because these are good results, and those results wouldn’t happen if everyone weren’t doing their part and pitching in and working together. So also, thank you to some of these companies that we’ve done deals with. We feel like we try to structure our deals as win-win for both sides. And a lot of those companies are repeat business. We get back together when there’s another deal to do. So it really is all about relationships. We do cherish our relationships. Joe’s invitation is sincere. We do hope to see everybody when you get a chance, or at least talk on the phone more if you come up with other questions. So thank everyone for pitching in and doing their part. And we’ll keep running headlong into the next quarter.

Joe Foran: Yeah, I would like to say there’s 50 — over 50 people besides the senior officers here in this room, and we do that so everybody knows what’s going on and has an idea of where we go from here. And they get to hear your questions. And they like to hear my answers and the answers of the other senior people. So it’s a little different than some companies do, but it works for us. Having come up again with friends and family, we’ve tried to maintain that availability. And we think you all have helped make us better with your questions and the like because afterwards we go over the questions and make sure that we’re addressing them. And you all have often made really good points that we’ve taken into consideration in making our final decisions. So thank you. I think it’s a process that works. Maybe a little slow at times, but we’ll get there and we like our chances going ahead. So come see us and keep in touch.

Operator: Ladies and gentlemen, thank you for your participation today. This concludes today’s program.