MTDR
Matador Resources Company41.37
-1.84-4.26%
Dec 16, 4:00:03 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A details efficiencies, new pilots
Q&A reinforced Matador's 2026 free cash flow tilt, unpacking 11% CapEx slash and $130M savings through 3.4-mile laterals, 20% completion gains, and $7.95 D&C per foot. Teams highlighted strong Avalon performers and adds in Third Bone Spring Carbonate plus Wolfcamp D, deeming a H1 Woodford pilot purely incremental. Surfactants pilots impressed but carry no guidance uplift. Opportunistic buybacks signal undervaluation views; midstream drops await Five Point resolution. Brick-by-brick M&A persists. Q&A adds operational color, no shocks. Watch Woodford tests and efficiency durability.
Key Stats
Market Cap
5.15BP/E (TTM)
6.63Basic EPS (TTM)
6.24Dividend Yield
0.03%Recent Filings
8-K
Closes $750M notes, tenders 84% old debt
Matador Resources closed its $750M 6% senior notes due 2034 on March 5, 2026, netting $737.2M after fees. Same day, it settled a tender offer buying back 84% ($419.7M principal) of its 6.875% notes due 2028 at $1,019.75 per $1,000. Debt refinanced at lower rate. Remaining 2028 notes targeted for redemption April 15.
8-K
Prices $750M notes due 2034
Matador Resources entered a purchase agreement on February 26, 2026, to issue $750 million of 6.000% senior notes due 2034, expecting $736.5 million in net proceeds. Funds will repurchase its $500 million 6.875% notes due 2028 via tender offer and repay credit facility borrowings. Closing set for March 5, 2026. Notes sold privately to qualified buyers.
8-K
Launches $750M notes offering
Matador Resources launched a $750M senior notes offering due 2034, conditioned on market terms. Proceeds target tendering all $500M of 6.875% notes due 2028 at $1,019.75 per $1,000 plus interest, with settlement eyed for March 5, 2026 if financing clears. Remainder repays credit facility debt. Tender hinges on Notes success.
10-K
FY2025 results
Matador Resources crushed FY2025 with record production of 207,070 BOE/d, up 21% y/y, driven by 20% oil growth to 119,723 Bbl/d and 23% gas to 524 MMcf/d from Delaware Basin drilling—258 gross (129 net) wells turned online, including a monster 17-well Antelope Ridge batch. Q4 momentum shone through free cash flow in every quarter, $1.53B D/C/E capex on budget, and San Mateo's Marlan plant expansion to 720 MMcf/d capacity boosting midstream volumes. Repurchased $56M stock at $41/share; liquidity solid with $1.8B revolver room. Reserves hit 667 MMBOE, up 9% y/y. Proved reserves grew despite price hits. Volatility rules.
8-K
3% oil growth, 11% capex cut
Matador Resources posted record Q4 2025 production of 211,290 BOE/d, including 121,363 oil Bbl/d, despite Waha gas weakness. For 2026, it guides 3% oil growth to 123,000 Bbl/d while slashing total capex 11% to $1.50B, targeting $795/lateral foot via 13% faster cycle times. Reserves hit 667 MMBOE, up 9%. Efficiencies drive it.
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