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Matador Resources Company
🏹 Trader: 🚀 Stage 2 + Near High 📈 Stage 2 🎯 Near 52W High 💎 VCP Breakout | BRS 76 Ready View all →
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$7.7B
Market Cap
7.0
P/E
0.95
PEG
11.1%
ROCE
15.0%
ROE
0.59
D/E
33.5%
OPM
-5.4%
% from 52W High
79
α RS
🔍 MTDR is showing a high-conviction setup because it matches 6 of 39 tracked screener presets, Sector RRG has Energy in the Leading quadrant with the trail still strengthening, and RS Rating is 79. Net: Broad signal stack, not a recommendation. ? Conviction RRG RS Rating
Sources
Conviction 6/39 · Energy in Leading quadrant · RS Rating 79
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Currency-adjusted total returns for MTDR including FX impact
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📈 Price History
Ratio Health
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By Category
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About

Matador Resources Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the company conducts midstream operations in support of its exploration, development, and production operations. Further, it provides natural gas processing and oil transportation services; and oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties, as well as sells natural gas to unaffiliated independent marketing companies and unaffiliated midstream companies. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was incorporated in 2003 and is headquartered in Dallas, Texas.

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📈 Growth Pattern
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📊 MIXED Matador Resources: Production up, debt down, capital spending controlled in Q1 2026
Revenue & Profitability
Not discussed in this earnings call. Specific revenue, net income, or operating income figures were not provided. Management emphasized that production is up, debt is down, and capital spending is controlled.
Outlook
Management described the current environment as one of the most challenging in 40 years due to volatile oil prices (war, macro chaos) but noted that the company is well-positioned. They highlighted that negative Waha gas pricing is a headwind, but the Hugh Brinson pipeline (coming online later in 2026) will alleviate this by providing access to Henry Hub, potentially adding $0.50/Mcf. The team is experienced and opportunistic, viewing challenging times as opportunities for gains.
Growth Drivers
Key growth levers include: production growth from well outperformance and operational efficiencies; accelerated activity with two additional net wells turned online in Q1; the potential from the first Woodford well drilled and cased (success could add significant inventory not currently counted); and the integrated midstream business (San Mateo) which drives capital efficiencies and revenue growth. The company is focused on profitable growth at a measured pace.
Balance Sheet & CapEx
First quarter 2026 CapEx was $428 million, in line with expectations. The company guided that first-half CapEx would be 55%-60% of the full-year budget, with second-half spending stepping down significantly (from $428M in Q1, potentially below $300M per quarter). Investments include a new water recycling facility under construction and continued investment in San Mateo. AI integration is being developed at a measured pace through a cross-departmental committee, with real-time analytics already in use for production and drilling optimization.
Margins
The company is driving margin improvement through operational efficiencies: D&C cost per lateral foot target of $785-$805/linear foot (6% down from 2025), use of simul-frac and trimul-frac, electric fleets (90% reduction in diesel usage), and increased water recycling (70% of water from recycled sources in Q1). Cycle times improved 13% year-over-year on average, with three-mile wells drilled 40% faster. These efficiency gains support capital discipline and profitable growth.
Key Risks
Management flagged the volatile macro environment (oil price swings, geopolitical chaos) as a key risk but noted the company's strong balance sheet and experienced team mitigate it. Analyst questions highlighted potential inventory scarcity (management clarified Matador has 10-15 years of high-return inventory) and takeaway constraints (mitigated by Hugh Brinson and San Mateo). The company's methodical approach to AI implementation avoids missteps that could undermine staff confidence.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-06
Near-record free cash flow enabled significant debt reduction and exceeded production guidance, with reserves up 5% and new assets expected to deliver over 80% returns. Raised 2026 oil growth guidance to 4–7% while lowering CapEx, and expects strong performance into 2027.
Q1 2026 Q1 2026 2026-05-07
Production and operational efficiencies drove strong Q1 results, with capital spending front-loaded and set to decline in the second half. The midstream segment and AI integration provided cost savings and flexibility, while the first Woodford well offers potential upside.
Q4 2025 Q4 2025 2026-02-25
Production and reserves grew in 2025, with a 9% reserve increase and 11% CapEx reduction year-over-year. Focus remains on operational efficiency, inventory expansion, and shareholder returns through dividends and buybacks.
Q3 2025 Q3 2025 2025-10-22
Strong Q3 results featured a 20% dividend hike, $3B in retained earnings, and $50–$60M in well cost savings. Operational efficiency, robust midstream performance, and flexible capital plans position the company for 2026 growth despite volatile oil and gas markets.
Q2 2025 Q2 2025 2025-07-23
Production rose 31% year-over-year, with record midstream EBITDA and lower D&C costs driven by operational efficiencies. Guidance for 2026 was raised for both oil production and cash flow, while capital allocation remains focused on dividends, share buybacks, and debt reduction.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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Information Sources:
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