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Matador Resources Company (MTDR)
NYSE:MTDR
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2Last Year’s EPS
1.71Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 18, 2025
|% Change Since: -2.28%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Positive
The earnings call was overall positive, with strong year-over-year growth, significant cost savings, and a solid financial position. The company effectively managed its operations and demonstrated confidence through dividend increases. However, some challenges with sequential production timing and higher capital expenditures were noted.Company Guidance
During the fourth quarter and full year 2024 earnings call for Matador Resources Company, CEO Joseph Foran highlighted the company's focus on year-over-year growth and operational efficiency. The acquisition of AmeriDev properties, valued at $2 billion, was noted for its high-quality resources, with the expectation of maintaining a historical growth rate of over 20% per year. Foran emphasized the importance of batch drilling, which had saved the company an estimated $30 to $50 million, and projected production growth of approximately 30% for the first two quarters of 2025 compared to the previous year. The company's production increased from 4.6 billion BOEs to over 6 billion BOEs year-over-year, and the dividend was raised due to increased shareholder value. The CEO also discussed the strategic use of cash, highlighting a potential free cash flow of around $1 billion in 2025, and reiterated a focus on profitable growth at a measured pace.Year-over-Year Production Growth
Matador Resources reported a significant year-over-year growth of 30% in production for the first quarter of 2025 compared to the first quarter of 2024. The company expects similar growth rates for subsequent quarters, with a full-year increase from 4.6 billion BOEs to over 6 billion BOEs.
Cost Savings through Efficiency
The company saved an estimated $30 to $50 million by employing batch drilling techniques. Additionally, it reduced operating expenses by $2 million per month through facility upgrades and efficient operations post the AmeriDev acquisition.
Strong Financial Position
Matador Resources maintained a strong financial position with a leverage ratio of one times and a $3 billion line of credit. The company forecasts around $1 billion in free cash flow for 2025.
Midstream Segment Performance
The midstream segment reported an EBITDA of nearly $300 million, showcasing significant growth from $30 million in its first year of operations.
Dividend Increase
The company increased its dividend from ten cents to a dollar twenty-five, reflecting confidence in its financial strength and commitment to returning value to shareholders.
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MTDR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MTDR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 18, 2025 | $57.80 | $56.63 | -2.02% |
| Oct 22, 2024 | $50.12 | $50.54 | +0.84% |
| Jul 23, 2024 | $60.44 | $61.20 | +1.26% |
| Apr 23, 2024 | $64.43 | $64.57 | +0.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Matador Resources Company (MTDR) report earnings?
Matador Resources Company (MTDR) is schdueled to report earning on Apr 29, 2025, TBA Not Confirmed.
What is Matador Resources Company (MTDR) earnings time?
Matador Resources Company (MTDR) earnings time is at Apr 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MTDR EPS forecast?
MTDR EPS forecast for the fiscal quarter 2025 (Q1) is 2.
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