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Matador Resources Company (MTDR)
NYSE:MTDR
Earnings Data
Report Date
Apr 28, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.98Last Year’s EPS
1.99Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple operational and financial positives: reserve growth (+9%), significant capital-efficiency actions (11% CapEx reduction, ~$130M savings), lower D&C costs (guidance $7.95/ft), completion and productivity gains (EUR improvement ~10%, completion efficiency +20%), strong produced-water usage (72%), and balance-sheet progress (≈$200M debt paydown, leverage ≈1). Lowlights were mainly execution/timing uncertainties (midstream drop-downs tied to partner continuation vehicle), early-stage pilots not yet reflected in guidance (surfactants, Woodford), and macro/commodity volatility (50% oil hedged). Overall, positive operational and financial momentum was communicated, with remaining execution and market uncertainties noted.Company Guidance
Reserves Growth
Company reported a 9% increase in proved reserves (per the reserve report referenced on the call), highlighting successful inventory additions and reserve engineering execution.
Capital Efficiency and CapEx Reduction
Management guided an 11% reduction in capital spend for 2026 versus prior year, citing approximately $130 million in CapEx savings driven by longer laterals, cycle-time improvements and vendor/operational efficiencies.
Maintained Production with Lower Spend
Matador delivered roughly flat-to-slightly higher production while reducing capital intensity — referenced as ~1% production increase in the quarter and guidance for modest oil growth of 2–3% in 2026 while cutting CapEx.
Lower Drilling & Completion Cost per Foot
D&C cost guidance midpoint given at $7.95 per foot; company cited multi-year improvements including an approximate 25% reduction in cost per foot over the period discussed.
Improved Well Productivity and EUR
Management highlighted stronger well results with an asserted ~10% improvement in EURs and better well productivity per lateral foot; completion enhancements (including surfactant pilot) and targeting were credited.
Longer Laterals and Operational Gains
Average lateral lengths in inventory increased year-over-year (company cited a 6% increase in average inventory lateral length; slides/management commentary also referenced ~10% increases in lateral metrics), with successful 3.4-mile laterals on some acreage enabling better returns.
Completion Efficiency Improvements
Company reported ~20% year-over-year improvement in completion efficiency (completed lateral footage per day), contributing to lower D&C costs and faster cycle times.
Produced Water Usage and Lower OpEx
In 2025, 72% of fracturing water was produced water, reducing both CapEx per foot and lease operating expenses through collaboration with the midstream business.
Balance Sheet Strength and Deleveraging
Matador paid down approximately $200 million of debt in the prior year, reported a leverage ratio near ~1, and its bank group unanimously increased the borrowing base at redetermination.
Shareholder Returns and Capital Allocation
Company raised its dividend six times in four years and currently yields ~3%; a share buyback program was instituted in 2025 and management intends to use it opportunistically when shares are deemed undervalued.
Midstream Progress and Flow Assurance
San Mateo midstream progress (including collaborations with Energy Transfer) was presented as enhancing flow assurance and improving gas realizations; management sees midstream value realization as a top priority.
Exploration & New Play Opportunities
Matador plans to test the Woodford with its first well in H1 2026 (pilot/logging) and described incremental upside from Avalon, Third Bone Spring carbonate and Wolfcamp D inventory additions.
MTDR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MTDR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 24, 2026 | $50.53 | ― | ― |
Oct 21, 2025 | $43.49 | $39.30 | -9.63% |
Jul 22, 2025 | $50.10 | $49.52 | -1.16% |
Apr 23, 2025 | $39.89 | $39.80 | -0.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Matador Resources Company (MTDR) report earnings?
Matador Resources Company (MTDR) is schdueled to report earning on Apr 28, 2026, After Close (Confirmed).
What is Matador Resources Company (MTDR) earnings time?
Matador Resources Company (MTDR) earnings time is at Apr 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MTDR EPS forecast?
MTDR EPS forecast for the fiscal quarter 2026 (Q1) is 0.98.