Matador Resources Q4 Earnings Call Highlights

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MarketBeat

Sat, February 28, 2026 astatine 11:35 AM CST 7 min read

Matador Resources logo

Matador Resources logo
  • Management said Matador strengthened its inventory and accumulation prime successful 2025, citing a 9% summation successful reserves, a 2% emergence successful nett undrilled lateral footage and a 6% summation successful mean lateral magnitude portion drilling 3.4‑mile laterals connected cardinal acreage.

  • For 2026 the institution is “profitability‑focused,” cutting superior by 11% (about $130 cardinal saved), prioritizing escaped currency travel implicit measurement growth, staying 50% oil‑hedged, and utilizing buybacks opportunistically alongside a dividend that has risen sixfold to a ~3% yield.

  • Operational and midstream priorities see San Mateo improvement and midstream worth realization, accrued produced‑water reuse (about 72% of frac h2o successful 2025) to little costs, a surfactant aviator with aboriginal committedness (not successful guidance), and a planned Woodford trial to measure incremental upside.

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  • Matador’s Results Were Better Than Feared, But 2026 Headwinds Still Matter

Matador Resources (NYSE:MTDR) executives utilized the company’s fourth-quarter and full-year 2025 net telephone to item what they described arsenic a deep, improving inventory presumption successful the Delaware Basin, continued equilibrium expanse progress, and an operating program for 2026 that prioritizes escaped currency travel and ratio implicit assertive measurement growth.

Founder, Chairman and CEO Joe Foran repeatedly emphasized Matador’s long-held presumption that its Delaware Basin presumption is “the champion stone successful the country,” noting the institution has built a presumption of much than 200,000 acres implicit time. Foran said the institution accrued accumulation during the quarter, reduced debt, and generated beardown currency travel contempt commodity terms volatility. He besides pointed to a 9% summation successful reserves, arsenic measured by autarkic engineering steadfast Netherland, Sewell.

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In effect to questions connected inventory additions, EVP of Reservoir Engineering Tom Elsener said Matador accrued nett undrilled lateral footage by 2% successful 2025 and cited a 6% summation successful mean lateral magnitude successful the company’s inventory from 2024 to 2025. Elsener attributed the improvements to trades, extending laterals, and operational execution.

Elsener highlighted the Avalon arsenic a beardown performer, pointing to an “upper Avalon” good successful the company’s Southern Ranger country that helium said had produced adjacent to 400,000 BOE with a precocious lipid cut. He besides discussed the Third Bone Spring Carbonate arsenic a people that was not included successful Matador’s inventory respective years agone but has since been drilled successfully crossed the Delaware position, expanding from earlier enactment successful the company’s Wolf country to different properties including Ranger and Rustler Breaks.

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