Wall Street's Insights Into Key Metrics Ahead of Matador (MTDR) Q1 Earnings

Core Viewpoint - Matador Resources (MTDR) is expected to report quarterly earnings of $1.71 per share, with revenues projected at $957.5 million, indicating a year-over-year revenue increase of 21.6% [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 11%, reflecting analysts' reassessment of their initial forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts predict 'Revenues- Third-party midstream services revenues' to be $54.21 million, a year-over-year increase of 67.5% [5] - 'Revenues- Oil and natural gas revenues' are expected to reach $857.30 million, reflecting a year-over-year change of 21.9% [5] - The consensus estimate for 'Revenues- Sales of purchased natural gas' is $54.80 million, indicating a year-over-year increase of 10.8% [5] Production Volumes - The 'Average Daily Production Volumes - Total oil equivalent' is projected to be 196,169 million barrels of oil equivalent, up from 149,760 million barrels of oil equivalent reported in the same quarter last year [6] - 'Average Daily Production Volumes - Oil' is expected to reach 114,841.60 BBL/D, compared to 84,777 BBL/D in the previous year [6] - 'Average Daily Production Volumes - Natural gas' is anticipated to be 488.42 million cubic feet, up from 389.9 million cubic feet reported last year [7] Sales Prices - 'Average Sales Prices - Oil, with realized derivatives' is expected to be $71.78, down from $77.58 in the same quarter last year [7] - 'Average Sales Prices - Oil without realized derivatives' is projected at $71.46, compared to $77.58 reported in the same quarter last year [8] Stock Performance - Over the past month, Matador shares have declined by 24.4%, while the Zacks S&P 500 composite has decreased by 8.9% [8] - Matador holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market in the near term [8]