Matador Resources (MTDR) reported $970.37 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 16.1%. EPS of $1.83 for the same period compares to $1.99 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $955.17 million, representing a surprise of +1.59%. The company delivered an EPS surprise of +5.17%, with the consensus EPS estimate being $1.74.While investors scrutinize revenue and earnings changes year-over-year and how they compare w ...

Matador Resources (MTDR) came out with quarterly earnings of $1.83 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.99 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.17%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $1.73 per share when it actually produced earnings of $1.89, delivering a surprise of 9.25%.Over the last fou ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Matador Resources (MTDR) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.Matador Resources is a member of the Oils-Energy sector. This group includes 247 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank g ...

Matador Resources (MTDR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a chan ...

A month has gone by since the last earnings report for Matador Resources (MTDR) . Shares have added about 16.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Matador due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Matador Q3 Earnings Beat Estimates, Raises '24 O ...

Investors in Matador Resources Company (MTDR) need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 17, 2025 $22.50 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It c ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________ FORM 10-Q _________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35410 ______________ ...

We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Aaron Chow, aka Elephant Analytics has 15+ years of analytical experience and is a top rated analyst on TipRanks. Aaron previously co-founded a mobile gaming company (Absolute Games) that was acquired by PENN Enterta ...

Financial Data and Key Metrics - The company expects to have over 200,000 BOE per day in 2025, driven by the integration of Ameredev assets and the full-year operation of nine rigs [15][16] - CapEx for 2025 is expected to be slightly higher than the $1.25 billion spent in 2024, primarily due to the full-year operation of nine rigs and the high working interest from Ameredev wells [16] - The company reduced its drilling and completion cost per lateral foot from $1,010 to $930, an 8% reduction, driven by operational efficiencies and the use of Trimul-Frac technology [21] Business Line Data and Key Metrics - The Ameredev acquisition is performing better than expected, with production increasing to 31,500 BOE per day in the last 13 days of Q3 2024, up from 26,000 BOE per day at the time of acquisition [29][30] - The company has successfully integrated Trimul-Frac technology, which has saved approximately $20 million by converting over 90 wells into Simul- or Trimul-Frac candidates [48] - Midstream operations achieved record EBITDA, with over 99% uptime for the plant, and the new plant is on track for completion in 2025 [40][42] Market Data and Key Metrics - The company is optimistic about the eastern side of the basin, particularly the Antelope Ridge area, where well results have confirmed the quality of the rock [31] - The company has a significant gas bank in the Cotton Valley, with over 200-300 Bcf of gas opportunities, and 1.4 Tcf of gas reserves in the Delaware Basin, providing flexibility to pivot to gas if needed [60] Company Strategy and Industry Competition - The company emphasizes profitable growth at a measured pace, with a focus on maintaining a 20% annual growth rate, leveraging a portfolio of 2,000 drilling locations with a >50% rate of return [13][14] - The company is open to acquisitions, particularly those that add to its inventory of undeveloped acreage, as seen with the $66 million in acquisitions in Q3 2024, which added minimal production but significant inventory [35][36] - The company is exploring ways to unlock midstream value, with potential opportunities being studied, including partnerships and capital allocation strategies [38][39] Management Commentary on Operating Environment and Future Outlook - Management is confident in the company's ability to continue improving operational efficiencies, particularly through the use of remote operations and produced water for hydraulic fracturing, which reduces costs and environmental impact [22][26] - The company expects to see further LOE reductions in the Ameredev area, with $1 million in monthly savings already identified, primarily from the use of recycled produced water and optimized chemical usage [51] - Management is optimistic about the future, citing strong well results, operational efficiencies, and the successful integration of Ameredev assets as key drivers for growth in 2025 [53] Other Important Information - The company's CEO, Joseph Foran, was awarded the Legacy Award by the CEO Magazine, recognizing his contributions to the industry and the growth of Matador Resources from a $270,000 startup to a $6.5 billion market cap company [61][62] Q&A Session Summary Question: Shareholder returns and potential for stock buybacks - The company prefers fixed dividends over buybacks, as they are more aligned with long-term shareholder interests and do not require additional debt [8][9][10] Question: Capital allocation and rig count for 2025 - The company plans to maintain nine rigs for the full year in 2025, with CapEx expected to be slightly higher than 2024 due to the full-year operation of rigs and the integration of Ameredev assets [15][16] Question: Cash tax expectations for 2025 - The company expects cash taxes to be lower in 2025, with the corporate alternative minimum tax (AMT) not applying, and the actual rate will depend on available deductions [19] Question: Operational efficiencies and cost reductions - The company has achieved significant cost reductions through the use of Trimul-Frac technology, remote operations, and produced water for hydraulic fracturing, with further efficiencies expected in 2025 [21][22][26] Question: Ameredev asset performance and future outlook - The Ameredev assets have outperformed expectations, with production increasing to 31,500 BOE per day, and the company is optimistic about further development in the Antelope Ridge area [29][31] Question: Midstream value and CapEx for 2025 - The company is exploring ways to unlock midstream value, with CapEx expected to decrease in 2025 as the system is built out, moving towards a maintenance capital model [38][42] Question: LOE trends and Ameredev integration - The company expects LOE to decrease in the Ameredev area, with $1 million in monthly savings already identified, primarily from the use of recycled produced water and optimized chemical usage [51] Question: Ground game and M&A opportunities - The company expects to see more M&A opportunities in 2025, particularly from larger companies rationalizing their portfolios and private equity firms turning over assets [55][56]

Matador Resources Company (MTDR) reported third-quarter 2024 adjusted earnings of $1.89 per share, which beat the Zacks Consensus Estimate of $1.73. The bottom line also improved from the year-ago quarter’s $1.86.Total revenues of $899.8 million beat the Zacks Consensus Estimate of $839 million. The top line also increased from the year-ago quarter’s $772.3 million.The strong third-quarter results were driven by Matador’s high total production volume and a decrease in the total operating expenses per barrel ...