Matador Resources shares rise 1.50% intraday after RBC Capital Markets report on its oil and gas operations.

Matador Resources Company rose 1.50% in intraday trading, with the company being highlighted by RBC Capital Markets as an independent energy company focused on the exploration, development, and production of oil and gas reserves in the United States. The company's primary focus is on oil and liquid-rich portions of the Wolfcamp and Bone Spring formations in the Delaware Basin in southeastern New Mexico.