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Matador Resources (MTDR) Reports Financial and Operating Results for Q3 2025
Yahoo Financeยท 2025-10-31 01:39
Core Insights - Matador Resources Company (NYSE:MTDR) is identified as a stock with exponential growth potential heading into 2026, reporting record production figures for Q3 2025 [1] Financial Performance - In Q3 2025, Matador Resources achieved a record production of 209,184 barrels of oil and natural gas equivalent (BOE) per day, exceeding the midpoint of July 2025 guidance by 5% [1] - The company raised its full-year production guidance for FY 2025 from a range of 200,000 to 205,000 BOE per day to a new range of 205,500 to 206,500 BOE per day [3] - Matador Resources increased the number of operated wells expected to be drilled and turned to sales in FY 2025 from 106.3 net operated wells to 118.3 net operated wells [3] Strategic Initiatives - The company emphasized its 'brick-by-brick' land acquisition strategy and selective lease acquisition program, enhancing the quality and potential of its over 200,000 net acre land position in the Delaware Basin [2] - During Q3 2025, Matador completed over $125 million in transactions in key areas, further solidifying its operational footprint [3]