Loading...
•
Dec 31, 2025
Matador Q4 2025 Earnings Report
Matador Resources Company reported record fourth quarter 2025 production and provided 2026 guidance.
Key Takeaways
Matador achieved record Q4 2025 production of 211,290 BOE per day, exceeding guidance midpoints. Despite lower realized natural gas prices at the Waha hub, the company maintained a strong balance sheet with a 1.1x leverage ratio and announced a 2026 plan focused on capital efficiency, projecting a 3% oil production increase while reducing total capital expenditures by 11%.
Record Q4 2025 production of 211,290 BOE per day, up 5% year-over-year.
Proved reserves increased 9% year-over-year to 667.0 million BOE at year-end 2025.
2026 capital expenditures are projected to decrease by 11% to $1.50 billion while growing oil production.
Successfully secured 500 MMBtu per day of firm natural gas transportation on the new Hugh Brinson pipeline.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Matador's 2026 plan focuses on increasing oil production by 3% while reducing total capital expenditures by 11% through operational efficiencies.
Positive Outlook
- Projected 3% increase in oil production to 123,000 Bbl/d.
- Total D/C/E and Midstream CapEx reduction of 11% to $1.50 billion.
- Anticipated 6% reduction in drilling and completion costs per lateral foot.
- Expected 13% reduction in timing to drill and complete a well.
- New Hugh Brinson pipeline to provide direct access to profitable Henry Hub markets.
Challenges Ahead
- Q1 2026 production expected to be the lowest quarter of the year.
- Approximately 4,000 BOE per day shut-in during January due to winter storm Fern.
- Elective shut-ins of ~3,000 BOE per day expected due to weak Waha pricing.
- Scheduled maintenance on third-party plant expected to impact Q1 by ~2,000 BOE per day.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...