Matador beats Q2 adjusted profit estimates

Matador Resources

22/07/2025 21:30

Overview

Matador Q2 2025 production exceeds company guidance, achieving record levels

Adjusted EPS and net income beat analyst expectations, per LSEG data

Co raises full-year 2025 production guidance, maintaining capital expenditure forecasts

Outlook

Matador raises 2025 production guidance to 200,000-205,000 BOE/d

Company expects Q3 2025 production to decline slightly

Matador anticipates lower cash tax payments in 2025

Result Drivers

RECORD PRODUCTION - Achieved through outperformance of wells and existing production, exceeding company guidance

MIDSTREAM EXPANSION - San Mateo's increased processing capacity supported strong free cash flow margin

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$1.53
$1.41 (18 Analysts)
Q2 EPS
$1.21
Q2 Adjusted Net Income
Beat
$190.90 mln
$185.10 mln (16 Analysts)
Q2 Adjusted Free Cash Flow
$132.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

Wall Street's median 12-month price target for Matador Resources Co is $63.00, about 20.9% above its July 21 closing price of $49.86

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nBwFD6GHa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)