Upon completion, Matador's pro forma holdings will exceed 190,000 net acres in the Delaware Basin, boosting production to more than 180,000 barrels of oil and natural gas equivalent (BOE) per day and increasing proved reserves to over 580 million BOE. According to the company, the deal is expected to generate forward one-year Adjusted EBITDA of approximately $425-$475 million, offering a favorable purchase price multiple of 4.2x for the upstream assets. Mr. Foran expressed confidence in the acquisition's ab ...

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A month has gone by since the last earnings report for Matador Resources (MTDR) . Shares have lost about 7.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Matador due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Matador Q1 Earnings Beat Estimates on Higher Prod ...

Matador Resources Company (MTDR) is a leading upstream player, having a strong foothold in prolific oil and natural gas shale and other unconventional plays. The company is likely to see earnings growth in 2024 and 2025. What's Favoring the Stock? Better-ranked energy companies include Sunoco LP (SUN) , Ultrapar Participacoes SA (UGP) and Eni SpA (E) . All the stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Sunoco, the leading independent ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

zhengzaishuru Matador Resources (NYSE:MTDR) is a mostly Delaware Basin focused company that has been growing production rapidly through a combination of development and acquisitions. It reported strong Q1 2024 results and now expects its full-year production to end up at the high-end of its guidance. Matador's balance sheet remains healthy, as indicated by its ability to issue 2032 notes at a 6.5% interest rate recently. I also project Matador to generate $705 million in 2024 free cash flow at current strip ...

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 Commission File Number 001-35410 _________________________________________________________ Matador Resources Company (Exact name of registrant as specified in its charter) _____________________________________________________ ...

Matador Resources Company (NYSE:MTDR) Q1 2024 Earnings Call Transcript April 24, 2024 11:00 AM ET Company Participants Mac Schmitz - SVP, IR Joe Foran - Founder, Chairman and CEO Gregg Krug - EVP, Marketing and Midstream Strategy Chris Calvert - EVP, COO Glenn Stetson - EVP, Production Tom Elsener - EVP of Reservoir Engineering and Senior Asset Manager Brian Willey - EVP and CFO Van Singleton - President, Land, Acquisitions and Divestitures and Planning Conference Call Participants Scott Hanold - RBC Capita ...

SLIDE F Led By Steadily Increasing Fixed Dividend +3% Note: All acreage as of December 31, 2023. Some tracts not shown on map. 52 / 15 E-mail: investors@matadorresources.com Chairman's Remarks 3-Year Indexed Price Performance 3,317 5,844 9,095 12,306 13,924 21,510 30,524 38,312 43,526 48,876 60,119 2012 93,000 75,457 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024E At the midpoint of guidance range as of and as provided on February 20, 2024. As of April 23, 2024, the Company expects to achieve t ...

Matador Resources Company (MTDR) reported first-quarter 2023 adjusted earnings of $1.71 per share, which beat the Zacks Consensus Estimate of $1.48. The bottom line also improved from the year-ago quarter’s level of $1.50.Total quarterly revenues of $788 million beat the Zacks Consensus Estimate of $726 million. The top line also increased from the year-ago quarter’s level of $560 million.Strong first-quarter results were aided by Matador’s high total production volume, averaging more than 149,700 barrels o ...