earnings
confidence high
sentiment positive
materiality 0.85
Matador reports record Q4 production, 2026 oil growth of +3% with 11% CapEx cut
Matador Resources Co
2025-FY EPS reported
$6.09
revenue$3,696,277,000
- Q4 2025 production record 211,290 BOE/d (121,363 Bbl/d oil); full-year 207,070 BOE/d.
- 2026 guidance: oil production 122-124k Bbl/d (+3%); total CapEx $1.45-1.55B (down 11%); D&C costs ~$795/ft.
- Record proved reserves 667M BOE (+9% YoY); reserve replacement 173%; F&D cost $10.34/BOE.
- Midstream combined Adj. EBITDA $332M in 2025; expected $360M in 2026; San Mateo strategic transactions explored.
- Returned $218.9M to shareholders in 2025; similar cash returns expected in 2026; leverage 1.1x.
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