Overview * Matador Q3 2025 adjusted EPS beats analyst expectations * Record Q3 production of 209,184 BOE per day, exceeding guidance by 5% * Company repurchased 1.3 mln shares for $55 mln Outlook * Matador raises 2025 full-year production guidance to 205,500-206,500 BOE per day * Company expects 2026 organic production of about 210,000 BOE per day * Matador plans 8-12% lower total CapEx in 2026 compared to 2025 Result Drivers * RECORD PRODUCTION – Matador achieved record production of 209,184 BOE per day, exceeding guidance by 5% due to operational efficiencies and well performance * COST EFFICIENCIES – Drilling and completion costs were reduced to $855 per completed lateral foot, below guidance, due to operational efficiencies * WELL PERFORMANCE – 34.5 net operated locations turned to sales, exceeding guidance by 15%, contributing to production growth Key Details Metric Beat/Mis Actual Consensu s s Estimate Q3 Beat $1.36 $1.26 Adjusted (18 EPS Analysts ) Q3 EPS $1.42 Q3 Miss $169.30 $169.49 Adjusted mln mln (15 Net Analysts Income ) Q3 $93.40 Adjusted mln Free Cash Flow Analyst Coverage * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "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 $62.00, about 30% above its October 20 closing price of $43.39 * The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (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.)
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