IntrinsicIntrinsic

Earnings ·

Matador Reports Q3 Net Income of $172M, Raises Full-Year Production Guidance to 224k BOE/d

MTDRMatador Resources Co

Matador Resources Company reported third-quarter 2026 net income attributable to shareholders of $172.1 million, or $1.39 per diluted share, compared to $176.4 million in the prior-year period. Oil and natural gas revenues reached a record $1.22 billion, driven by a 10% year-over-year increase in production to an average of 230,470 BOE per day. The company also announced it repaid $150 million in debt during October 2026 and raised its full-year 2026 total production guidance midpoint to 224,000 BOE per day. Additionally, Matador increased its annual dividend rate by 17% to $1.75 per share. The company operates as an independent energy firm focused on oil and natural gas exploration and production in the Delaware Basin and other U.S. shale plays.

More from Matador Resources Co

Explore MTDR