---
schema_version: "secwatch.filing_event.v1"
accession: "0001520006-26-000019"
form_type: "8-K"
ticker: "MTDR"
cik: "0001520006"
company_name: "Matador Resources Co"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:37:16.224938+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Matador beats Q1 production guidance, raises 2026 outlook, pays down $350M+ RBL

## Summary
- Q1 avg daily production 207,594 BOE/d (120,277 bbl oil/d), above guidance upper end; up 5% YoY.
- Full-year 2026 production guidance increased; capital budget reaffirmed; cost per lateral foot $785-$805.
- Paid down over $350M on RBL since year-end; expects full RBL repayment this month.
- Estimated full-year 2026 adjusted free cash flow ~$1.1-1.2B (vs $437M in 2025 excl land/seismic).
- Hugh Brinson pipeline (zero cost) expected to provide Henry Hub access by year-end 2026, reducing Waha exposure.

## SEC filing metadata
- accession: 0001520006-26-000019
- form_type: 8-K
- ticker: MTDR
- cik: 0001520006
- company_name: Matador Resources Co
- filed_at: 2026-05-06T23:59:59+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/1520006/000152000626000019/0001520006-26-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1520006/000152000626000019/mtdr-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520006-26-000019
- JSON: https://secwatch.observer/filing/0001520006-26-000019.json
- Plain text: https://secwatch.observer/filing/0001520006-26-000019.txt

## Key facts
- Earnings Releases
  Matador Resources Co updated its full-year 2026 guidance (raised).
  - Period: full-year 2026
  - Guidance: raised
  - Result: guidance update
  source text: we are increasing our production guidance estimates while reaffirming our previous cost per completed lateral foot, lease operating expense and estimated full-year capital budget guidance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1520006/000152000626000019/0001520006-26-000019-index.htm
- Earnings Releases
  Matador Resources Co reported financial results for first quarter of 2026.
  - Period: first quarter of 2026
  - 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 2026 and updated full-year 2026 production guidance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1520006/000152000626000019/0001520006-26-000019-index.htm
- Earnings Releases
  Matador Resources Co updated its first quarter 2026 guidance (raised).
  - Period: first quarter 2026
  - Guidance: raised
  - Result: guidance update
  source text: Matador’s first quarter 2026 average daily total production of 207,594 barrels of oil equivalent per day (BOE), consisting of 120,277 barrels of oil per day and 523.9 million cubic feet of natural gas per day, exceeded the upper end of our production guidance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1520006/000152000626000019/0001520006-26-000019-index.htm

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