Matador Resources

At the Midwest IDEAS Conference, Matador Resources reaffirmed disciplined, profitable growth with strict cost control, returning cash to shareholders and a strong midstream platform. For 2026 the company expects roughly $900 million in free cash flow, about $1.6 billion in capex and oil production growth in the low single-digit percentage range. San Mateo Midstream (51% JV) is approaching annual EBITDA of about $400 million; Matador is evaluating options to monetize this asset. Management highlighted improved drilling efficiency, lower drilling costs, a reserves base of over 703 million BOE and substantial insider purchases as signs of aligned interests. » Altro su de.investing.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. » Altro su finance.yahoo.com

Matador Resources reported adjusted EPS of $2.61 for Q2 on $1.19 billion in revenue, comfortably surpassing analyst estimates. Adjusted free cash flow reached $303 million, of which $200 million was used to reduce acquisition-related bank debt. Inventories rose 5% to 703 million BOE, and management raised its 2026 oil growth forecast from 4% to 7%. Matador is targeting further debt reduction, expects about $900 million of free cash flow in 2026, and plans drilling on acquired federal acreage in late 2026/early 2027. » Altro su de.investing.com