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Strength Seen in Matador (MTDR): Can Its 15.9% Jump Turn into More Strength?
ZACKS· 2025-04-10 15:10
Matador Resources (MTDR) shares ended the last trading session 15.9% higher at $42.50. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 22% loss over the past four weeks.Oil prices have bounced back as investors remain hopeful that an energy market downturn is unlikely, thanks to a broader market recovery following President Donald Trump's move to pause "reciprocal" tariff hikes and implement a lower 10% tariff rate ...
Matador Resources(MTDR) - 2025 Q1 - Quarterly Results
2025-04-08 11:16
Asset Sale - Matador Resources Company announced the sale of its Eagle Ford assets on April 4, 2025[4] Financial Stability - The company provided an update on the strength of its balance sheet, indicating improved financial stability[4] - The press release detailing these updates is incorporated by reference into the current report[4]
Matador Divests South Texas Assets, Strengthens Balance Sheet
ZACKS· 2025-04-07 16:50
Matador Resources Company (MTDR) announced that it divested its remaining acreage in the Eagle Ford Basin in South Texas. The company has also discussed the possibility of implementing a stock repurchase program this year over and above its fixed quarterly dividend of 31.25 cents per share.Sale of Remaining Eagle Ford AcreageThe company announced the sale of its remaining acreage and producing assets in the La Salle, Karnes, and Atascosa Counties in South Texas. These assets were highly productive and a key ...
Matador Resources(MTDR) - 2024 Q4 - Annual Report
2025-02-25 21:41
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 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 Matador Resources Company (Exact name of registrant as specified in its charter) Texas 27-4662601 (State or o ...
Matador Resources: 2025 Free Cash Flow May Approach $1.1 Billion
Seeking Alpha· 2025-02-21 17:32
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.Matador Resources (NYSE: MTDR ) reached more than 200,000 BOEPD in Q4 2024 with the help of its Ameredev acquisition and despite some third-party midstream issues. It unveiled a rough maintenance capex budget for 202 ...
Matador Resources(MTDR) - 2024 Q4 - Earnings Call Transcript
2025-02-19 19:53
Financial Data and Key Metrics Changes - The company reported a year-over-year production growth from approximately 4.6 billion BOEs to over 6 billion BOEs, reflecting a growth of around 30% for the first quarter of 2025 compared to the first quarter of 2024 [19][17] - The company raised its dividend, indicating confidence in its financial position, with insider buying activity noted among senior management [20][21] Business Line Data and Key Metrics Changes - The company emphasized the importance of year-over-year growth over sequential growth, particularly in the context of the AmeriDev acquisition, which is expected to contribute significantly to production growth in the long term [11][18] - The company achieved significant cost savings of $30 to $50 million through batch drilling techniques, which will impact future production timing rather than reserves [15][23] Market Data and Key Metrics Changes - The company noted that the midstream operations have grown significantly, with EBITDA increasing from $30 million in the first year to nearly $300 million currently, indicating a strong market position [29][30] - The company is exploring opportunities to enhance flow assurance and expand its midstream infrastructure, particularly in the Delaware Basin [28][32] Company Strategy and Development Direction - The company aims for a measured growth strategy, focusing on profitable growth while maintaining a strong balance sheet and capital efficiency [64][66] - The management highlighted the importance of maintaining a steady dividend growth, which has increased from $0.10 to $1.25 over the years, reflecting a commitment to returning value to shareholders [76][78] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, expecting continued production growth and a strong cash flow outlook for 2025, with a forecast of around $1 billion in free cash flow [62][80] - The management acknowledged the challenges posed by commodity price volatility but emphasized the company's preparedness to navigate such uncertainties [71][72] Other Important Information - The company has a strong financial position with a $3 billion line of credit, indicating ample liquidity for future investments [64][66] - The management team has a long history of shareholder engagement, with a significant portion of employees participating in the stock purchase plan, fostering a culture of ownership [21][70] Q&A Session Summary Question: Inquiry about midstream infrastructure and EBITDA - Management confirmed that the midstream system is largely developed, with ongoing opportunities for expansion and potential partnerships to enhance value [27][30] Question: Discussion on D&C cost guidance - Management noted a reduction in D&C costs to $880 per foot, down 3% year-over-year, and highlighted operational efficiencies contributing to this decrease [35][39] Question: Capital expenditure outlook - Management explained that capital expenditures are focused on improving operating expenses and enhancing production efficiency, with a range of $1.4 billion to $1.7 billion for 2025 [42][44] Question: Cotton Valley assets strategy - Management clarified that there is no urgency to sell Cotton Valley assets, which are seen as valuable, and highlighted the potential for future development [50][56] Question: Uses of cash and free cash flow forecast - Management discussed various opportunities for cash utilization, emphasizing a balanced approach to growth and shareholder returns, with a focus on maintaining a strong financial position [62][66]
Matador Resources(MTDR) - 2024 Q4 - Earnings Call Presentation
2025-02-19 18:18
Fourth Quarter and Full Year 2024 Earnings Release February 18, 2025 Investor Relations Contact and Disclosure Statements Investor Relations Contact Mac Schmitz Senior Vice President – Investor Relations Phone: (972) 371-5225 E-mail: investors@matadorresources.com Cautionary Note – The SEC permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves. Potential resources are not proved, probable or possible reserves. The SEC's guidelines prohibit Matad ...
Matador Beats on Q4 Earnings & Revenues, Raises Dividend
ZACKS· 2025-02-19 16:00
Matador Resources Company (MTDR) reported fourth-quarter 2024 adjusted earnings of $1.83 per share, which beat the Zacks Consensus Estimate of $1.74. The bottom line, however, declined from the year-ago quarter’s level of $1.99.Total revenues of $970.4 million beat the Zacks Consensus Estimate of $955 million. The top line also increased from the year-ago quarter’s figure of $836.1 million.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The better-than-expected quarterly results were ...
Compared to Estimates, Matador (MTDR) Q4 Earnings: A Look at Key Metrics
ZACKS· 2025-02-19 00:30
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) Q4 Earnings and Revenues Top Estimates
ZACKS· 2025-02-18 23:50
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 ...