---
schema_version: "secwatch.filing_event.v1"
accession: "0001520006-25-000112"
form_type: "8-K"
ticker: "MTDR"
cik: "0001520006"
company_name: "Matador Resources Co"
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:03:10.671990+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Matador Q1 production beats midpoint, announces $400M buyback, cuts capex by $100M

## Summary
- Total production averaged 198,631 BOE/d in Q1, up 33% YoY and 1% above midpoint guidance.
- Oil production averaged 115,030 bbl/d, up 36% YoY.
- Board authorized $400M share repurchase program; directors/officers bought 31,100 shares for $1.6M in Q1.
- Reducing drilling rigs from 9 to 8 in mid-2025; D/C/E capex cut $100M to $1.275B.
- Liquidity of $1.8B; repaid $190M credit facility borrowings in Q1.

## SEC filing metadata
- accession: 0001520006-25-000112
- form_type: 8-K
- ticker: MTDR
- cik: 0001520006
- company_name: Matador Resources Co
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1520006/000152000625000112/0001520006-25-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1520006/000152000625000112/mtdr-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520006-25-000112
- JSON: https://secwatch.observer/filing/0001520006-25-000112.json
- Plain text: https://secwatch.observer/filing/0001520006-25-000112.txt

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