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MTDR

Matador Resources Company

MTDR

Matador Resources Company • NYSE
$42.41 ▲ 1.79% (+0.74)
Market Cap $5.28 B
52w High $64.05
52w Low $35.19
Dividend Yield 1.50%
P/E 6.8
Volume 485.13K
Outstanding Shares 124.38M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $915.117M ▼ $15.04M ▼ $176.364M ▲ 19.272% ▲ $1.42 ▲ $615.747M ▲
Q2-2025 $925.678M ▼ $32.187M ▲ $150.225M ▼ 16.229% ▼ $1.21 ▼ $596.535M ▼
Q1-2025 $1.006B ▲ $27.674M ▼ $240.085M ▲ 23.861% ▲ $1.92 ▲ $676.548M ▲
Q4-2024 $978.283M ▲ $50.783M ▲ $214.533M ▼ 21.93% ▼ $1.72 ▼ $653.432M ▲
Q3-2024 $860.137M $-9.202M $248.291M 28.866% $1.99 $636.988M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $20.15M ▼ $11.647B ▲ $5.791B ▲ $5.506B ▲
Q2-2025 $86.786M ▲ $11.28B ▲ $5.553B ▲ $5.366B ▲
Q1-2025 $14.522M ▼ $11.082B ▲ $5.438B ▲ $5.287B ▲
Q4-2024 $23.033M ▼ $10.85B ▲ $5.393B ▼ $5.089B ▲
Q3-2024 $23.277M $10.623B $5.527B $4.871B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $200.624M ▲ $721.66M ▲ $-562.961M ▼ $-149.098M ▼ $9.601M ▲ $158.53M ▲
Q2-2025 $182.359M ▼ $501.027M ▼ $-495.012M ▲ $3.255M ▲ $9.27M ▲ $2.733M ▼
Q1-2025 $262.247M ▲ $727.879M ▲ $-511.662M ▼ $-233.443M ▼ $-17.226M ▼ $193.979M ▲
Q4-2024 $237.949M ▼ $574.959M ▼ $-391.396M ▲ $-165.844M ▼ $17.719M ▲ $58.517M ▼
Q3-2024 $272.677M $610.437M $-2.161B $1.563B $13.12M $185.83M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Natural Gas Revenues
Natural Gas Revenues
 $0 ▲$160.00M ▲$100.00M ▼$100.00M ▲
Natural Gas Midstream
Natural Gas Midstream
 $40.00M ▲$30.00M ▼$40.00M ▲$40.00M ▲
Natural Gas Sales
Natural Gas Sales
 $50.00M ▲$60.00M ▲$70.00M ▲$60.00M ▼
Oil Revenues
Oil Revenues
 $0 ▲$750.00M ▲$720.00M ▼$710.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Matador’s income statement shows a company that has scaled up quickly and learned to stay profitable through cycles. Revenue has grown strongly over the past few years, with only a brief step back when commodity prices normalized, and then a rebound. Profitability looks solid: operating profits and cash earnings are healthy, and the company has moved from losses in 2020 to consistent, sizable profits in each year since. Earnings per share peaked during the price spike in 2022 and have settled at still-strong levels, suggesting the business remains very profitable even as prices normalized somewhat. Overall, this looks like a producer that has converted volume growth and efficiency into durable earnings, though results will always remain sensitive to oil and gas prices.

Balance Sheet

Balance Sheet The balance sheet reflects a company that has been growing aggressively while steadily building its financial base. Total assets have expanded meaningfully, showing continued investment in acreage, infrastructure, and production. Shareholders’ equity has risen each year, which is a positive sign that profits are being retained and the underlying value of the business is building. Debt has also increased, indicating that part of this growth has been funded with borrowing. Leverage does not appear extreme, but the combination of higher debt and very low cash on hand means the company relies heavily on ongoing cash generation and access to credit. In short, the balance sheet is stronger than it was a few years ago, but still carries typical energy-sector exposure to debt and commodity swings.

Cash Flow

Cash Flow Cash flow is a key strength. Matador is generating robust cash from operations, and that figure has grown substantially as production and efficiency have improved. At the same time, the company is spending heavily on capital projects, which fits a growth-oriented development story. After funding this investment, free cash flow has been positive in recent years, though not as high as the operating cash flow would suggest because management is plowing a large share back into the ground. This pattern points to a business that can self-fund most of its growth, but it also means less near-term surplus cash and continued dependence on strong operations and stable market conditions.

Competitive Edge

Competitive Edge Matador occupies a focused and increasingly differentiated position in the Permian, especially the Delaware Basin. Its edge comes from a mix of advanced drilling and completion techniques, an integrated midstream platform, and disciplined, bolt-on acquisitions. Technologies like simul-frac and trimul-frac, along with remote fracturing, allow it to bring wells online faster and at lower cost than many peers. The San Mateo midstream joint venture adds a meaningful advantage by securing takeaway capacity, lowering fees, and creating a secondary revenue stream. Together, these elements create a competitive position that looks stronger than a typical single-segment producer, though the company still faces the usual sector risks: commodity-price volatility, basin competition, and regulatory and environmental pressures.

Innovation and R&D

Innovation and R&D Innovation at Matador is focused less on traditional lab-style R&D and more on applied technology and process improvement in the field. The company is pushing completion technologies such as simul-frac, trimul-frac, and remote fracturing to squeeze more value out of each pad and reduce downtime. It is also experimenting with new well designs like “U-Turn” wells to maximize reservoir contact and minimize surface impact. Data analytics and real-time monitoring are increasingly embedded in operations, supporting better drilling decisions and safety. On top of this, Matador is integrating ESG considerations—like increased water recycling and flaring reduction—into its development plans. The key watchpoints are whether these innovations continue to translate into consistently lower costs, higher recoveries, and better capital efficiency over time.

Summary

Overall, Matador looks like a mid-size oil and gas producer that has grown rapidly while improving both profitability and operational sophistication. The income statement shows strong earnings power supported by efficiency gains, while the balance sheet has strengthened even as debt rose to finance expansion. Cash generation is solid, with enough room to fund a sizable investment program, though that leaves less excess cash in the short run. Competitively, Matador benefits from its integrated upstream–midstream model, advanced completion techniques, and disciplined acreage strategy in a premier U.S. basin. The main opportunities lie in continued execution of its technology and integration strategies; the main risks remain exposure to commodity prices, capital intensity, and the need to keep leveraging innovation to stay ahead of peers in a crowded, cyclical industry.

NEWS

October 30, 2025 · 6:30 AM UTC

Matador Resources Company Provides Strategic Natural Gas Marketing Update

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October 21, 2025 · 4:15 PM UTC

Matador Resources Company Reports Third Quarter 2025 Results, Increases Full-year 2025 Guidance and Provides 2026 Outlook

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October 15, 2025 · 4:15 PM UTC

Matador Resources Company Increases Quarterly Cash Dividend

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October 3, 2025 · 6:30 AM UTC

Matador Resources Company Announces Date of Third Quarter 2025 Earnings Release

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September 30, 2025 · 6:30 AM UTC

Matador Resources Company Announces Promotion of Robert T. Macalik to Chief Financial Officer

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