Matador Earnings Reports

Matador Resources achieved record quarterly production and revenue in Q4 2024. The company reported a 30% year-over-year increase in total oil-equivalent production and a 34% increase in oil production. Net income reached $214.5 million, with adjusted net income of $229.9 million. Free cash flow grew significantly, supporting a 25% dividend increase. Operational efficiencies and the integration of recent acquisitions contributed to improved financial performance.

Matador Resources Company reported record financial and operating results for the third quarter of 2024. The company achieved record production, closed its largest acquisition to date, and increased its full-year 2024 guidance. Matador expects to produce over 200,000 barrels of oil and natural gas equivalent per day in 2025.

Matador Resources Company reported record financial and operating results for the second quarter of 2024, including record production and lower-than-expected costs. The company also entered into an agreement to acquire Ameredev for $1.905 billion, expected to close late in the third quarter of 2024.

Matador Resources Company reported strong Q1 2024 results, exceeding production guidance and achieving cost efficiencies. The company also strengthened its balance sheet through strategic financial transactions.

Matador Resources Company reported record fourth quarter and full year 2023 financial results, with a record quarterly average production of 154,300 BOE per day and net income of $254.5 million. The company also decreased operating costs and achieved record total proved oil and natural gas reserves.

Matador Resources Company reported record production and better-than-expected cost savings in the third quarter of 2023. The company's average daily oil and natural gas production was 135,096 BOE per day, and it achieved better-than-expected drilling, completing, and equipping capital expenditures and midstream capital expenditures. Net cash provided by operating activities was $461.0 million, and adjusted free cash flow was $144.6 million.