Matador Resources

Harbor Mid Cap Value Fund flagged Matador Resources as a detractor after the stock fell about 20% in the quarter. Analysts downgraded the company amid weaker natural gas prices and rising costs that squeezed margins. The stock closed at $59.15 on Sept. 4, has gained over 28% in the past year, and saw hedge fund holdings increase modestly into Q2 2026. » Mere på finance.yahoo.com

Matador Resources projects about $900 million of free cash flow in 2026 while pursuing measured production growth and improved capital efficiency. The company has cut drilling and completion costs per lateral foot by 12% since 2024 and reported roughly 21% CAGR in oil production since 2021. Matador added about 17,000 net acres through leases, trades and acquisitions, gaining exposure to formations including Woodford and Second Bone Spring Carbonate. Its integrated midstream business, led by a 51% stake in San Mateo, is expected to generate nearly $400 million of EBITDA in 2026 and management is evaluating options to unlock that value. » Mere på finance.yahoo.com

Matador Resources generated near‑record adjusted free cash flow of $303 million in Q2 and used $200 million to pay down acquisition-related borrowings, cutting that debt below $1 billion. The company raised full‑year free cash flow guidance to about $900 million, exceeded production guidance, and increased reserves 5% to 703 million boe while trimming planned capital spending. Recent acquisitions and federal lease purchases extend inventory life beyond 15 years, could deliver high returns, and may see development begin in late 2026 or early 2027, though Matador remains focused on deleveraging and did not provide 2027 guidance. » Mere på finance.yahoo.com