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Matador Resources (MTDR)

Earnings summaries and quarterly performance for Matador Resources.

Recent press releases and 8-K filings for MTDR.

Matador Resources Company Announces Strategic Natural Gas Marketing Agreements
MTDR
New Projects/Investments
Guidance Update
  • Matador Resources Company has entered into strategic natural gas transportation and marketing agreements to improve all-in pricing netbacks and achieve exposure to NYMEX Henry Hub and LNG markets.
  • The company secured firm transportation on Energy Transfer’s Hugh Brinson Pipeline to move 500,000 MMBtu per day of natural gas from the Permian Basin to East Texas and Gulf Coast markets, with the pipeline expected to come online in the fourth quarter of 2026.
  • Since 2024, natural gas sold at these new markets has received an average price more than two dollars per MMBtu higher than the average Waha Hub price. Matador expects that for every $0.50 per MMBtu of increased natural gas price realization, its annual revenue will increase by approximately $90 million.
  • Additionally, Matador has extended a separate gas transportation agreement to transport a portion of its natural gas to the Southern California market, where pricing has historically exceeded pricing in Texas and Louisiana.
Oct 30, 2025, 10:30 AM
Matador Resources Company Reports Strong Q3 2025 Results, Raises Dividend, and Highlights Operational Efficiencies
MTDR
Dividends
Guidance Update
New Projects/Investments
  • Matador Resources Company reported raising its dividend by 20% in Q3 2025, marking the fourth increase in seven years.
  • The company achieved significant operational efficiencies, revising its well cost guidance down to $835 to $855 per completed lateral foot from $880, resulting in $50 to $60 million in capital savings for 2025.
  • Matador maintains a strong financial position with over $3 billion in retained earnings for the first time, a 0.4 leverage ratio, and $2 billion in liquidity.
  • A positive outlook for 2026 includes an expected 2% to 5% organic growth rate and a planned 10% increase in lateral length for wells.
  • The midstream business, including San Mateo and wholly-owned assets, processed a record 533 million cubic feet per day of natural gas in Q3 2025 and anticipates $40 to $50 million in EBITDA from wholly-owned assets in 2026, with plans for $40 to $50 million in water gathering system investments for 2026.
Oct 22, 2025, 3:00 PM
Matador Resources Reports Strong Q3 2025 Results, Raises Dividend, and Highlights Operational Efficiencies
MTDR
Earnings
Dividends
Guidance Update
  • Matador Resources reported an excellent third quarter 2025.
  • The company raised its dividend by 20% this quarter, marking the fourth increase in seven years.
  • Matador has achieved over $3 billion in retained earnings for the first time, moving from an accumulated deficit 3.5 years ago, and maintains a 0.4 leverage ratio with $2 billion in liquidity.
  • Operational efficiencies led to a revised well cost guidance down to a midpoint of $8.44 per completed lateral foot, resulting in $50 million to $60 million in capital savings for 2025.
  • The company is set for 2% to 5% organic growth in 2026, with 13.6 net wells scheduled to be turned on in January.
Oct 22, 2025, 3:00 PM
Matador Resources Company Reports Record Q3 2025 Production and Updates 2025/2026 Guidance
MTDR
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Matador Resources Company reported record oil equivalent production of 209,184 BOE/d in Q3 2025, exceeding its guidance by 5%. Natural gas production also reached a record of 537.9 MMcf/d, which was 9% above guidance.
  • Total D/C/E and Midstream Capital Expenditures for Q3 2025 were $472.7 million, $95 million above the midpoint of guidance, due to accelerated operating activities and additional well completions.
  • For Q3 2025, the company reported Adjusted EBITDA attributable to shareholders of $566,515 thousand and Adjusted Free Cash Flow of $93,400 thousand.
  • Preliminary expectations for 2026 include ~210,000 BOE/d organic production with 2-5% year-over-year organic oil production growth and an 8-12% lower total capital expenditure program compared to 2025.
Oct 22, 2025, 3:00 PM
Matador Resources Reports Q3 2025 Results and Updates Outlook
MTDR
Earnings
Guidance Update
Dividends
Share Buyback
  • Matador Resources reported strong third-quarter 2025 results, with record oil and gas production averaging 209,184 barrels of oil equivalent per day, a 22% increase year-over-year and 5% above prior guidance.
  • Despite the production growth, net income declined to $176 million with earnings per share of $1.42, compared to $248.29 million and $1.99 respectively in the same quarter last year.
  • The company achieved operational efficiencies, including reduced drilling costs to $855 per lateral foot, and lowered its capital expenditure forecast for 2026.
  • Matador demonstrated a commitment to shareholder returns by increasing its dividend and repurchasing $55 million of its own stock during the quarter.
  • Financially, the company reduced its debt by $105 million on its Reserves-Based Loan, maintaining a leverage ratio under 1.0x and approximately $2 billion in liquidity as of September 30, 2025.
Oct 21, 2025, 10:15 PM
Matador Resources Reports Record Q3 2025 Results and Increases Full-Year Guidance
MTDR
Earnings
Guidance Update
Dividends
  • Matador Resources Company reported record production in Q3 2025, averaging 209,184 BOE per day, which was a 22% year-over-year gain and 5% above the midpoint of July 2025 guidance.
  • The company increased its full-year 2025 production guidance to 205,500 to 206,500 BOE per day and updated its drilling, completing, and equipping (D/C/E) capital expenditure estimate to $1.47 to $1.55 billion.
  • Matador's Board of Directors approved a 20% increase in the annual dividend to $1.50 per share, and the company repurchased 1.3 million shares for approximately $55 million as of October 21, 2025.
  • For Q3 2025, Matador reported net income of $176 million and adjusted earnings per share of $1.36.
Oct 21, 2025, 8:19 PM
Matador Resources Reports Strong Q3 2025 Results, Raises 2025 Guidance, and Provides Positive 2026 Outlook
MTDR
Earnings
Guidance Update
Dividends
  • Matador Resources reported record production of 209,184 BOE per day in Q3 2025, exceeding guidance by 5% and representing a 22% year-over-year gain. The company also achieved net income of $176 million and Adjusted EBITDA of $567 million for the quarter.
  • The company increased its full-year 2025 production guidance to 205,500 to 206,500 BOE per day and updated its drilling, completing, and equipping capital expenditure (D/C/E CapEx) estimate to $1.47 to $1.55 billion.
  • For 2026, Matador anticipates organic production of approximately 210,000 BOE per day with expected oil production growth of 2 to 5% from 2025, while projecting 8 to 12% lower total capital expenditures compared to 2025.
  • Matador's Board of Directors approved a 20% increase in its annual dividend to $1.50 per year, and the company repurchased 1.3 million shares for approximately $55 million as of October 21, 2025.
  • The company reduced its Reserves-Based Loan (RBL) by $105 million in Q3 2025, bringing the outstanding balance to $285 million and maintaining approximately $2 billion in available liquidity.
Oct 21, 2025, 8:15 PM
Matador Resources Company Increases Quarterly Cash Dividend
MTDR
Dividends
  • Matador Resources Company (MTDR) announced a 20% increase in its quarterly cash dividend policy, raising it to $0.375 per share per quarter, or $1.50 per share per year, effective beginning in the fourth quarter of 2025.
  • This new dividend policy is an increase from the prior policy of $0.3125 per share per quarter, or $1.25 per share per year.
  • The Board of Directors declared a quarterly cash dividend of $0.375 per share of common stock, payable on December 5, 2025, to shareholders of record as of November 10, 2025.
  • This represents the seventh dividend increase in four years for the company.
Oct 15, 2025, 8:24 PM