Matador Resources Q2 production hits 209,013 BOE/d, FY23 guidance updated.

• Matador Resources reports Q2 2025 financial and operational results • Record quarterly production of 209,013 BOE/d and 122,875 Bbl/d • Integrated business generated net cash provided by operating activities of $450.6 million • Total revenue of $1.6 billion, up 22% YoY • Net income of $496.3 million, up 234% YoY • Adjusted EBITDA of $742.6 million, up 42% YoY • Updates full-year 2025 guidance with higher production and revenue expectations

Title: Matador Resources Reports Strong Q2 2025 Financial Results

Matador Resources Company (NYSE: MTDR) today reported its second-quarter 2025 financial and operational results, showcasing robust performance and growth. The company achieved record quarterly production of 209,013 barrels of oil and natural gas equivalent per day (BOE/d), including 122,875 barrels of oil per day (Bbl/d), up from the previous quarter [1].

The integrated upstream and midstream business generated net cash provided by operating activities of $501 million and adjusted free cash flow of $133 million, reflecting an industry-leading free cash flow margin [1]. Total revenue for the quarter reached $1.6 billion, marking a 22% year-over-year (YoY) increase, while net income soared to $496.3 million, a staggering 234% YoY increase. Adjusted EBITDA also surged to $742.6 million, up 42% YoY [2].

Matador's CEO, Joseph Wm. Foran, commented on the company's performance, highlighting the integration of drilling, completion, production, and midstream teams, which has allowed the company to profitably develop its over 200,000 net acre position in the Delaware Basin [1]. The company aims to use its conservative balance sheet and free cash flow to return capital to shareholders through dividends and share repurchases, while also reinvesting in its business through land acquisitions [1].

The company's San Mateo Midstream division also performed exceptionally well. With the successful startup of the Marlan Plant expansion, processing capacity increased from 520 million cubic feet of natural gas per day (MMcf/d) to 720 MMcf/d, contributing to record quarterly net income of $66 million and record quarterly Adjusted EBITDA of $85.5 million [2].

Matador's shareholder returns were also notable. The company declared a quarterly cash dividend of $0.31 25 per share, representing an annualized yield of approximately 2.5%, and repurchased 1.1 million shares of its common stock at an average price of $40.37 per share [2].

The company also updated its full-year 2025 guidance with higher production and revenue expectations. The new guidance range for total daily production was increased from 198,000 – 202,000 BOE/d to 200,000 – 205,000 BOE/d, reflecting the company's strong performance and future growth prospects [2].

References
[1] https://www.tipranks.com/news/the-fly/matador-reports-q2-adjusted-eps-1-53-consensus-1-41-thefly
[2] https://www.stocktitan.net/news/MTDR/matador-resources-company-reports-second-quarter-2025-results-and-pshosnzu0t41.html