Q1 25 EPS
$1.99
BEAT +11.58%
Est. $1.78
Q1 25 Revenue
$1.01B
BEAT +6.00%
Est. $956.6M
vs S&P Since Q1 25
-16.0%
TRAILING MARKET
MTDR +20.4% vs S&P +36.4%
Market Reaction
Did MTDR Beat Earnings? Q1 2025 Results
Matador Resources kicked off 2025 with a convincingly strong first quarter, posting earnings per share of $1.99 against a consensus estimate of $1.78, a beat of 11.58%, while revenue of $1.01 billion cleared expectations of $956.57 million by 6.00% a… Read more Matador Resources kicked off 2025 with a convincingly strong first quarter, posting earnings per share of $1.99 against a consensus estimate of $1.78, a beat of 11.58%, while revenue of $1.01 billion cleared expectations of $956.57 million by 6.00% and surged 29.1% year-over-year. The primary engine behind the results was a 33% jump in total production to 198,631 BOE per day, driven by an aggressive well-completion cadence that included 40 gross operated wells turned to sales, among them the company's first three-mile lateral wells. Net income attributable to shareholders rose 24% year-over-year to $240.09 million, with Adjusted EBITDA climbing 27% to $644.22 million. Looking ahead, Matador trimmed its full-year production outlook modestly to approximately 200,000 BOE per day and cut $100 million from its capital expenditure budget in response to commodity price softness, while projecting record output of roughly 207,000 BOE per day in Q2 2025; the company also authorized a $400 million share repurchase program, signaling confidence in its $1.80 billion liquidity position.
Key Takeaways
- • 33% YoY increase in total production to 198,631 BOE per day
- • 36% YoY increase in oil production to 115,030 barrels per day
- • 40 gross operated wells turned to sales versus 12 in Q1 2024
- • 3% reduction in drilling and completion costs to $880 per completed lateral foot
- • Natural gas price realization increased 20% YoY to $3.56 per Mcf
- • Outperformance of wells turned to sales in Q4 2024
- • Successful integration of Ameredev assets with 11 wells averaging 1,450 BOE per day IP rates
MTDR YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
MTDR Revenue by Segment
With YoY comparisons, source: SEC Filings
“Matador is pleased to report another profitable quarter that exceeded our expectations. During Matador's 40-year history, we have faced a number of turbulent times with regards to oil and natural gas prices and other outside difficulties. It has been during these times that Matador has relied upon its operational expertise and its financial strength and the long-term nature of its assets to make some of its most significant progress and growth.”
— Joseph Wm. Foran, Q1 2025 Earnings Press Release
MTDR Earnings Trends
MTDR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
MTDR EPS Trend
Earnings per share: estimate vs actual
MTDR Revenue Trend
Quarterly revenue: estimate vs actual
MTDR Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $1.26 | $1.53 | +21.41% | $941.6M | +8.32% |
| Q4 25 BEAT FY | $0.76 | $0.87 | +15.13% | $848.0M | +4.76% |
| FY Full Year | $5.61 | $5.76 | +2.69% | $3.70B | +2.51% |
| Q3 25 BEAT | $1.23 | $1.36 | +10.99% | $939.0M | +8.51% |
| Q2 25 BEAT | $1.41 | $1.53 | +8.83% | $895.3M | -0.28% |
| Q1 25 BEAT | $1.78 | $1.99 | +11.58% | $1.01B | +6.00% |