---
schema_version: "secwatch.filing_event.v1"
accession: "0001520006-23-000172"
form_type: "8-K"
ticker: "MTDR"
cik: "0001520006"
company_name: "Matador Resources Co"
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:05:54.724733+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Matador Q2 adjusted EPS $1.42 beats; record 130,683 BOE/d; raises 2023 production guide, cuts capex

## Summary
- Net income $164.7M ($1.37 diluted EPS); adjusted net income $170.1M ($1.42 adj. EPS).
- Record avg production 130,683 BOE/d (76,345 bbl oil/d), up 23% QoQ; Q4 2023 exit rate 143,000 BOE/d target.
- Raised 2023 total production guidance midpoint to 46.65M BOE (from 45.30M BOE); lowered D/C/E capex midpoint to $1.16B from $1.25B.
- Reduced bank debt $140M since Advance acquisition close (April 2023); leverage ratio 1.0x as of June 30.
- Adjusted EBITDA $423.3M; adjusted free cash flow $77.7M; San Mateo (51%-owned) EBITDA $42.7M.

## SEC filing metadata
- accession: 0001520006-23-000172
- form_type: 8-K
- ticker: MTDR
- cik: 0001520006
- company_name: Matador Resources Co
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1520006/000152000623000172/0001520006-23-000172-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1520006/000152000623000172/mtdr-20230725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520006-23-000172
- JSON: https://secwatch.observer/filing/0001520006-23-000172.json
- Plain text: https://secwatch.observer/filing/0001520006-23-000172.txt

## Key facts
- Earnings Releases
  Matador Resources Co updated its second quarter of 2023 guidance (raised).
  - Period: second quarter of 2023
  - Guidance: raised
  - Result: reported results
  source text: Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the second quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1520006/000152000623000172/0001520006-23-000172-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.