Matador Resources Company — Third Quarter 2026 Earnings Summary

Matador Resources Company reported record third-quarter 2026 oil production of 230,470 barrels of oil equivalent per day, representing a 10% year-over-year increase. The company achieved total revenues of $1.22 billion, driven by higher production volumes and improved natural gas realizations following the commissioning of the Hugh Brinson pipeline. Matador repaid $150 million in debt during October 2026 and increased its annual dividend to $1.75 per share, reflecting strong free cash flow generation. Additionally, the company raised its full-year 2026 production guidance to a range of 223,000 to 224,000 BOE per day and narrowed its capital expenditure range to $1.67 to $1.73 billion.