MTDR

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Matador Resources (NYSE:MTDR) and the best and worst performers in the u.s. shale e&p industry. US shale oil producers extract crude from tight rock formations using horizontal drilling and hydraulic fracturing (fracking) techniques, primarily in basins like the Permian, Bakken, and Eagle Ford. Tailwinds include short-cycle investment flexibility allowing rapid production adjustments, technological improvements enhancing well productivity, and proximity to refining and export infrastructure. Capital discipline has improved financial returns. Headwinds include commodity price sensitivity affecting drilling economics, accelerating well decline rates requiring continuous capital investment, and increasing regulatory and ESG scrutiny. Water usage, induced seismicity concerns, and evolving environmental regulations present ongoing operational challenges. The 11 u.s. shale e&p stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 2.7%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 8.2% since the latest earnings results. Operating primarily in the Delaware Basin where multiple oil-bearing layers lie stacked thousands of feet deep, Matador Resources (NYSE:MTDR) explores for, drills, and produces oil and natural gas from underground rock formations in New Mexico and Texas. Matador Resources reported revenues of $671.6 million, down 33.8% year on year. This print fell short of analysts’ expectations by 23%. Overall, it was a softer quarter for the company with a significant miss of analysts’ EBITDA estimates. Matador Resources delivered the weakest performance against analyst estimates and slowest revenue growth among its peers. The market seems disappointed with the results as the stock is down 10.1% since reporting and currently trades at $51.93. Is now the time to buy Matador Resources? Access our full analysis of the earnings results here, it’s free. Holding the largest acreage position in the Williston Basin, Chord Energy (NASDAQ:CHRD) drills for and produces crude oil, natural gas liquids, and natural gas in North Dakota's Williston Basin. Chord Energy reported revenues of $1.67 billion, up 37.1% year on ye...

DALLAS, July 10, 2026--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company") today announced plans to release second quarter 2026 operational and financial results after the close of trading on Wednesday, August 5, 2026. Management will also host a live conference call on Thursday, August 6, 2026, at 10:00 a.m. Central Time to review second quarter 2026 financial results and operational highlights. To access the live conference call by phone, you can use the following link https://register-conf.media-server.com/register/BI194b69303d544ff39708c28901d41150 and you will be provided with dial in details. To avoid delays, it is recommended that participants dial into the conference call 15 minutes ahead of the scheduled start time. The live conference call will also be available through the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab. The replay for the event will be available on the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab for one year. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador also operates in the Haynesville shale and Cotton Valley plays in Northwest Louisiana. Additionally, Matador conducts midstream operations in support of its exploration, development and production operations and provides natural gas processing, oil transportation services, natural gas, oil and produced water gathering services and produced water disposal services to third parties. For more information about Matador Resources Company, visit www.matadorresources.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260710414269/en/ Contacts Mac SchmitzSenior Vice President – Investor [email protected] (972) 371-5225

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Matador Resources (MTDR). This company, which is in the Zacks Oil and Gas - Exploration and Production - United States industry, shows potential for another earnings beat. When looking at the last two reports, this independent oil and gas company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 22.96%, on average, in the last two quarters. For the most recent quarter, Matador was expected to post earnings of $1.24 per share, but it reported $1.53 per share instead, representing a surprise of 23.39%. For the previous quarter, the consensus estimate was $0.71 per share, while it actually produced $0.87 per share, a surprise of 22.54%. Thanks in part to this history, there has been a favorable change in earnings estimates for Matador lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Matador has an Earnings ESP of +7.44% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss. Man...

A month has gone by since the last earnings report for Matador Resources (MTDR). Shares have added about 0.3% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Matador due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for Matador Resources Company before we dive into how investors and analysts have reacted as of late. Matador Resources reported first-quarter 2026 adjusted earnings of $1.53 per share, down 23.1% from $1.99 a year ago. The bottom line beat the Zacks Consensus Estimate of $1.24 by 23.4%. Total revenues were $671.6 million, down 33.8% from $1,014 million in the year-ago quarter. The top line missed the Zacks Consensus Estimate of $883.3 million by 24.0%. Better-than-expected quarterly earnings were driven by increased total production volumes and slightly lower operating expenses. The positives were partially offset by lower natural gas price realizations. Matador Resources is primarily involved in oil and gas exploration and production activities in the United States. The company’s overall financial performance is heavily dependent on the oil and gas pricing environment. Most of MTDR’s production comprises oil (58% of total first-quarter production), making oil prices a major factor in determining the company’s earnings. The average oil production was 120,277 barrels per day (Bbl/D), reflecting a 4.6% increase from the prior-year figure of 115,030. The figure also beat our estimate of 116,217.3 Bbl/D. Natural gas production was recorded at 523.9 million cubic feet per day (MMcf/D), up from 501.6 MMcf/D recorded a year ago. The reported figure came in higher than our estimate of 519.7 MMcf/D. Total oil equivalent production in the first quarter was 207,594 barrels of oil equivalent (BOE/D), reflecting a 4.5% increase from the year-ago quarter’s figure of 198,631 BOE/D. The figure also exceeded our projection of 202,834.8 BOE/D. The company’s production volumes exceeded the midpoint of the guidance range by 3%, primarily due to the sustained outperformance of Matador Resources’ producing wells and those brought into production in the first quarter of 2026. Matador Resources turned 36 net operated wells to production in the quarter, including a large portion in late F...

Vista Energy, S.A.B. de C.V. VIST reported first-quarter 2026 adjusted earnings of 89 cents per share, which missed the Zacks Consensus Estimate of $1.42 by 37.3%. The bottom line increased 12.7% from the year-ago quarter. Quarterly revenues of $865 million surged 97.3% year over year and beat the Zacks Consensus Estimate of $688.38 million by 25.7%. Oil production averaged 116,655 barrels per day, up 68% from a year ago. The weaker-than-expected quarterly earnings can be attributed to lower realized crude and natural gas prices, partly offset by strong production growth. Vista Energy, S.A.B. de C.V. - Sponsored ADR price-consensus-eps-surprise-chart | Vista Energy, S.A.B. de C.V. - Sponsored ADR Quote Total production averaged 134,741 barrels of oil equivalent per day in the quarter, up 67% from the year-ago quarter. The increase was driven primarily by the consolidation of a 50% working interest in the La Amarga Chica block, acquired in April 2025, and organic growth in its core development areas. Crude oil production increased to 116,655 barrels per day (Bbls/d) from 69,623 Bbls/d in the year-ago quarter. Natural gas liquids production increased 34% year over year to 784 Boe/d. Natural gas output rose 62% to 2.75 million cubic meters per day (MMm3/d). Management highlighted steady execution of its drilling program, including 23 well tie-ins during the quarter across Bajada del Palo Oeste, Bajada del Palo Este and La Amarga Chica. Average realized crude oil price was $60.1 per barrel, down from $68.6 in the prior-year quarter. Realized natural gas price was $2 per MMBtu, down 21% year over year, pressured by mix and pricing in the industrial channel. Commodity risk management contracts reduced reported revenues by $150.7 million in the quarter, while sea freight selling expenses totaled $20 million. After adjusting for these items, revenues were $694.3 million, up from $438.5 million in the prior-year quarter. Net revenues from oil and gas exports were $431 million, representing 64% of total net revenues. Operational efficiency continued to show up in per-unit costs. Lifting cost was $4.3 per boe, down 8% year over year, reflecting the dilution of fixed costs across higher volumes and continued cost-control efforts. Selling expenses were $3.8 per boe, down 41% year over year, aided by the elimination of trucking as the Oldelval Duplicar pipeline came onlin...

Matador Resources’ first quarter was marked by a significant revenue shortfall compared to Wall Street expectations, with management attributing the results to volatile commodity prices and a challenging macro environment. Despite these headwinds, CEO Joseph Wm. Foran highlighted increased oil production and disciplined capital spending as bright spots, stating, “Our balance sheet is in the best position that we have had during this entire time.” Management acknowledged the difficult operating context, but remained focused on measured growth and debt reduction. Is now the time to buy MTDR? Find out in our full research report (it’s free). Revenue: $671.6 million vs analyst estimates of $872.2 million (33.8% year-on-year decline, 23% miss) Adjusted EPS: $1.53 vs analyst estimates of $1.26 (21.4% beat) Adjusted EBITDA: $339.5 million vs analyst estimates of $541.9 million (50.6% margin, 37.3% miss) Operating Margin: 7%, down from 38.4% in the same quarter last year Oil production per day: up 4.6% year on year Market Capitalization: $7.03 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Neal Dingmann (William Blair) asked how macro volatility influences production growth plans. CEO Joseph Wm. Foran responded that Matador Resources adjusts activity based on market dynamics, focusing on profitable growth, debt reduction, and collaborative decision-making. Scott Hanold (RBC Capital Markets) inquired about further efficiency gains and operational acceleration. CFO Christopher Calvert explained that recent well outperformance and accelerated activity are expected to continue, but maintained that future acceleration would depend on ongoing efficiency improvements. Gabe Daoud (Truist) sought an update on the San Mateo midstream segment and potential strategic options. Foran stated the company values midstream integration for operational flexibility and is considering options, such as a potential public offering, only if market conditions and timing are favorable. JPMorgan Analyst asked about the first Woodford well and future inventory impact. EVP Andrew Parker said the well is still in progress, but could represent si...

Enbridge Inc. ENB reported first-quarter 2026 adjusted earnings per share (EPS) of 71 cents, which beat the Zacks Consensus Estimate of 69 cents. The bottom line slightly declined from the year-ago quarter’s 72 cents. Total quarterly revenues of $16.3 billion increased from $12.9 billion in the prior-year quarter. The top line beat the Zacks Consensus Estimate of $12.8 billion. The better-than-expected quarterly results can be attributed to higher adjusted EBITDA contributions from its Gas Transmission, and Gas Distribution and Storage business segments. Lower adjusted EBITDA contributions from the Liquids Pipelines segment slightly offset the positives. Enbridge Inc price-consensus-eps-surprise-chart | Enbridge Inc Quote Enbridge conducts business through five segments — Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, Renewable Power Generation, and Eliminations and Other. Liquids Pipelines: The segment’s adjusted earnings before interest, income taxes, depreciation and amortization (EBITDA) totaled C$2.3 billion, down from C$2.62 billion in the year-earlier quarter. The decline was primarily due to lower contributions from the Mainline and Market Access System, driven by higher earnings sharing, reduced Mainline tolls, weaker FSP contributions and unfavorable foreign exchange impacts. Additionally, the absence of litigation-related equity earnings from the Gulf Coast & Other segment, which was recorded in the prior-year quarter, contributed to the decline. Gas Transmission: Adjusted earnings in this segment totaled C$1.52 billion, up from C$1.44 billion recorded in the first quarter of 2025. The growth was mainly driven by favorable contracting across U.S. Gas Transmission assets. Further, stronger revenues at Aitken Creek and BC Pipeline due to improved seasonal spreads and higher tolls added to the gains. The positives were partially offset by unfavorable foreign exchange impacts from weaker U.S. dollar translation rates in 2026. Gas Distribution and Storage: This unit generated a profit of C$1.71 billion, up from C$1.6 billion in the prior-year quarter. The increase was primarily driven by higher distribution margins at Enbridge Gas Ontario from rate escalators and a rise in unregulated natural gas storage revenues in Ontario due to optimization and pricing benefits. Higher base rates at Enbridge Gas Utah and Enbridge Gas North Caroli...

Cactus, Inc. WHD reported adjusted earnings of 70 cents per share in the first quarter of 2026, down 4.1% from the year-ago level of 73 cents but ahead of the Zacks Consensus Estimate of 65 cents by 7.7%. Quarterly revenues rose 38.5% year over year to $388.35 million and topped the consensus mark of $380.81 million by 2%. Remaining performance obligations ended the quarter at $537.5 million, led by international Pressure Control work tied to the newly added Cactus International business. The better-than-expected quarterly results can be attributed to higher revenues in the Pressure Control segment, aided by the acquisition of Cactus International. However, several transaction-related and acquisition-accounting charges partly offset the gains. Cactus, Inc. price-consensus-eps-surprise-chart | Cactus, Inc. Quote The quarter marked the first period to include results from Cactus International, following the Jan. 1 closing of the majority-interest acquisition. Management stated that Pressure Control revenues stayed resilient even as the conflict in the Middle East created shipment delays and operational friction. Pressure Control revenues totaled $300.2 million for the quarter, higher than $190.3 million in the year-ago quarter and above our estimate of $300 million. Segment operating income totaled $38.6 million, down from $54.3 million in the prior-year quarter, reflecting the impact of purchase price accounting, including an inventory step-up and intangible value amortization. Adjusted segment EBITDA for Pressure Control was $71.8 million, higher than $64.8 million in the prior-year quarter. Our estimate for the same was pinned at $74.9 million. Adjusted segment EBITDA margin was 23.9%. Management highlighted that the Spoolable Technologies segment recorded non-U.S. revenues in the quarter, with strength cited in the Middle East and Latin America, alongside better-than-expected domestic activity. The segment witnessed stronger-than-typical seasonal demand and continued international order growth. Spoolable Technologies' revenues were $89.9 million, lower than $92.6 million in the year-ago quarter and above our estimate of $83.7 million. The segment's operating income totaled $23.6 million, slightly lower than $23.9 million in the prior-year quarter. Adjusted segment EBITDA totaled $32.9 million, translating to a 36.6% margin, as improved operating leverage h...

For the quarter ended March 2026, Matador Resources (MTDR) reported revenue of $671.64 million, down 33.8% over the same period last year. EPS came in at $1.53, compared to $1.99 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $883.27 million, representing a surprise of -23.96%. The company delivered an EPS surprise of +23.06%, with the consensus EPS estimate being $1.24. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Matador performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average Daily Production Volumes - Total oil equivalent: 207594 millions of barrels of oil equivalent per day compared to the 204451.5 millions of barrels of oil equivalent per day average estimate based on eight analysts. Average Daily Production Volumes - Oil: 120,277.00 BBL/D compared to the 117,463.80 BBL/D average estimate based on eight analysts. Average Daily Production Volumes - Natural gas: 523.9 millions of cubic feet per day versus 521.96 millions of cubic feet per day estimated by eight analysts on average. Average Sales Prices - Natural gas, with realized derivatives: $1.44 versus $2.15 estimated by six analysts on average. Average Sales Prices - Oil, with realized derivatives: $68.04 versus the six-analyst average estimate of $67.16. Average Sales Prices - Oil without realized derivatives: $72.83 compared to the $71.09 average estimate based on five analysts. Average Sales Prices - Natural gas without realized derivatives: $0.64 versus the five-analyst average estimate of $1.52. Revenues- Third-party midstream services revenues: $42.09 million compared to the $40.94 million average estimate based on five analysts. The reported number represents a change of +25.7% year over year. Revenues- Oil and natural gas revenues: $818.73 million versus the five-analyst average estimate of $790.46 million. The...

Cheniere Energy Partners, L.P. CQP reported first-quarter 2026 earnings per unit of $1.23, beating the Zacks Consensus Estimate of $1.07 by 14.95%. Revenues totaled $3.6 billion, up 20.4% year over year and ahead of the consensus mark of $3.0 billion by 20.42%. The quarter’s outperformance was supported by higher total margins per million British thermal units (MMBtu) of liquefied natural gas ("LNG"") delivered. Operationally, the partnership exported 112 LNG cargoes and shipped 412 trillion British thermal units (TBtu) of volumes, keeping utilization steady compared with the year-ago period. Cheniere Energy Partners, L.P. price-consensus-eps-surprise-chart | Cheniere Energy Partners, L.P. Quote CQP’s revenue gain came from stronger LNG-related activity. LNG revenues rose to $2.7 billion from $2.3 billion in the year-ago quarter, while LNG revenues from affiliates increased to $846 million from $671 million. Even with stable cargo counts, the partnership slightly lifted volumes. LNG volumes loaded and recognized increased to 413 TBtu from 405 TBtu, providing a larger base to benefit from improved margins per MMBtu delivered. Despite the revenue beat and stronger operating performance, net income fell to $186 million from $641 million a year ago. Basic and diluted net income per common unit was $0.19 compared with $1.08 in the prior-year quarter, reflecting significant non-cash volatility tied to derivative accounting. Management attributed the year-over-year decline primarily to unfavorable changes in the fair value of derivative instruments, including impacts related to long-term Integrated Production Marketing agreements. The partnership recorded $677 million of non-cash unfavorable fair-value changes during the quarter compared to $149 million of non-cash favorable changes in the first quarter of 2025. CQP’s adjusted EBITDA increased to $1.2 billion from $1.0 billion in the year-ago quarter, reflecting a 13% improvement. The partnership again pointed to higher total margins per MMBtu of LNG delivered as the key driver behind the gain. The reconciliation showed that changes in the fair value of commodity derivatives were a major swing factor compared with the prior year. With those impacts adjusted, the underlying operating result improved, aligning with the quarter’s revenue strength and steady LNG throughput. Operating costs and expenses increased to $3....

Interested in Matador Resources Company? Here are five stocks we like better. Matador is prioritizing disciplined growth as it balances higher production with steady-to-lower capital spending and debt reduction. Management said the company’s balance sheet is in its best shape in years, even amid a challenging commodity and geopolitical backdrop. Capital spending should ease in the second half of the year, with more than half of drilling activity concentrated in the first half and quarterly spending expected to decline from Q2 levels. Matador also said it is cutting drilling and completion costs through efficiencies like multi-well completions, electric fleets, water recycling and faster cycle times. San Mateo and the Woodford well could provide upside going forward. San Mateo is strategically valuable for flow assurance and cost savings, while the first Woodford well is seen as a potential catalyst that is not yet included in inventory estimates. Matador’s Results Were Better Than Feared, But 2026 Headwinds Still Matter Matador Resources (NYSE:MTDR) executives said the company is emphasizing production growth, capital discipline and debt reduction as it navigates what Founder, Chairman and CEO Joe Foran described as one of the more challenging operating environments in his more than 40 years in the industry. Speaking on the company’s first-quarter 2026 earnings call, Foran said Matador’s key priorities remain straightforward: production is up, capital spending is being held steady or modestly lower, and debt has been reduced. He said the company’s balance sheet is “in the best position” it has had and that Matador is prepared for both challenges and opportunities. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum 3 Mid-Cap Energy Firms Analysts See Moving Up to the Big Leagues “Presently, we think the emphasis should be on getting production up and your debt down and keeping a handle on your capital spending,” Foran said. He added that Matador aims to spend capital to keep growing, but “not be reckless with it” and to “make each dollar count.” In response to a question from Neal Dingmann of William Blair about production growth, Foran said Matador’s plans are influenced by a range of factors, including commodity price volatility and geopolitical uncertainty. He said the company has historically tried to remain nimble and adjust as business con...

Matador Resources Company (MTDR) reported first-quarter 2026 adjusted earnings of $1.53 per share, down 23.1% from $1.99 a year ago. The bottom line beat the Zacks Consensus Estimate of $1.24 by 23.4%. Total revenues were $671.6 million, down 33.8% from $1,014 million in the year-ago quarter. The top line missed the Zacks Consensus Estimate of $883.3 million by 24.0%. Better-than-expected quarterly earnings were driven by increased total production volumes and slightly lower operating expenses. The positives were partially offset by lower natural gas price realizations. Matador Resources Company price-consensus-eps-surprise-chart | Matador Resources Company Quote Matador Resources is primarily involved in oil and gas exploration and production activities in the United States. The company’s overall financial performance is heavily dependent on the oil and gas pricing environment. Most of MTDR’s production comprises oil (58% of total first-quarter production), making oil prices a major factor in determining the company’s earnings. The average oil production was 120,277 barrels per day (Bbl/D), reflecting a 4.6% increase from the prior-year figure of 115,030. The figure also beat our estimate of 116,217.3 Bbl/D. Natural gas production was recorded at 523.9 million cubic feet per day (MMcf/D), up from 501.6 MMcf/D recorded a year ago. The reported figure came in higher than our estimate of 519.7 MMcf/D. Total oil equivalent production in the first quarter was 207,594 barrels of oil equivalent (BOE/D), reflecting a 4.5% increase from the year-ago quarter’s figure of 198,631 BOE/D. The figure also exceeded our projection of 202,834.8 BOE/D. The company’s production volumes exceeded the midpoint of the guidance range by 3%, primarily due to the sustained outperformance of Matador Resources’ producing wells and those brought into production in the first quarter of 2026. Matador Resources turned 36 net operated wells to production in the quarter, including a large portion in late February and March. A key pressure point in the quarter was natural gas pricing. Matador’s average realized natural gas price, excluding hedging, was 64 cents per thousand cubic feet (Mcf), sharply down from $3.56 per Mcf in the first quarter of 2025. The figure came in lower than our estimate of $2.74 per Mcf. The natural gas price decline was driven by a collapse in Waha prices, which forc...