---
schema_version: "secwatch.filing_event.v1"
accession: "0001520006-24-000095"
form_type: "8-K"
ticker: "MTDR"
cik: "0001520006"
company_name: "Matador Resources Co"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T11:52:04.394740+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Matador Q1 production beat guidance; raises full-year outlook to high end

## Summary
- Q1 avg production 149,760 BOE/d (84,777 bbl oil/d), 3% above guidance; net income $193.7M ($1.61 diluted EPS).
- Adjusted EBITDA $505.4M; adjusted net income $206.2M ($1.71 diluted EPS); adjusted free cash flow $28.6M.
- D/C/E capex $350.7M, ~$35M below expectations; trimul-frac test boosted lateral footage 40%, saving $100k/well.
- Full-year 2024 guidance raised to high end: oil 91-95k bbl/d, gas 370-386 MMcf/d, total 153-159k BOE/d.
- Balance sheet strengthened: $900M 6.50% senior notes due 2032 issued; $350M equity offering; credit facility expanded to $3.5B.

## SEC filing metadata
- accession: 0001520006-24-000095
- form_type: 8-K
- ticker: MTDR
- cik: 0001520006
- company_name: Matador Resources Co
- filed_at: 2024-04-23T23:59:59+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/1520006/000152000624000095/0001520006-24-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1520006/000152000624000095/mtdr-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520006-24-000095
- JSON: https://secwatch.observer/filing/0001520006-24-000095.json
- Plain text: https://secwatch.observer/filing/0001520006-24-000095.txt

## Key facts
- Earnings Releases
  Matador Resources Co updated its the first quarter of 2024 guidance (raised).
  - Period: the first quarter of 2024
  - Guidance: raised
  - Result: reported results
  source text: Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the first quarter of 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1520006/000152000624000095/0001520006-24-000095-index.htm

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