Financial PerformanceMTDR reported strong results which beat on all key metrics relative to Consensus.
Leadership And ManagementMatador continues to benefit from the aptitude of founder and CEO Joe Foran and team, with Foran demonstrating similar operational and financial success as at his predecessor companies.
Operational EfficiencyMatador increased the TIL count by 1.4 net wells but kept capex unchanged, underlining the company’s increasing capital efficiencies.