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Matador Resources

MTDR

Matador Resources Company is an independent energy firm focused on the exploration, development, production, and acquisition of oil and natural gas resources in the United States.

Market cap
$6.42B+0.7%
Revenue$3.4B-10.1%
Net income$483.3M-48.1%
Free cash flow$2.2B-13.5%
EPS (diluted)$3.89-47.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$1.1B
EPS estimate$2.07

Financials

Q1 2026

Income statement

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Revenue$671.6M-33.8%
Operating income$46.8M-88.0%
Net income-$35.9M-115%
EPS (diluted)-$0.29-115%

Balance sheet

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Cash & equivalents$92.5M+19.3%
Total debt$918.0M+40.2%
Total equity$5.6B+5.6%
Total assets$12.2B+9.9%

Cash flow

See full
Operating cash flow$470.5M-35.4%
CapEx$2.1M+126%
Free cash flow$468.4M-35.6%

Valuation & ratios

Valuation

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Market cap$6.42B+0.7%
Enterprise value$7.25B+3.8%
P/E13.3×+5.9×
P/S1.9×+0.2×

Profitability

See full
Operating margin26.4%-14.0pp
Net margin14.4%-10.6pp
FCF margin64.5%-2.5pp

Returns & leverage

See full
Return on equity8.9%-10.3pp
Debt / equity0.2×0.0×
Current ratio0.7×-0.1×

Segments

By product

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Oil revenues$788.3M+5.2%
Sales of purchased natural gas$80.8M+28.7%
Natural gas revenues$30.4M-81.1%
Third-party midstream services revenues-$93.9M-8.5%

Competitors

Profile

Matador Resources Company is an independent energy firm focused on the exploration, development, production, and acquisition of oil and natural gas resources in the United States. The company specializes in unconventional plays, primarily targeting the Wolfcamp and Bone Spring formations in the Delaware Basin of Southeast New Mexico and West Texas. Its value proposition is enhanced by integrated midstream operations that provide gathering, processing, and disposal services to support its own production and third-party customers.

Competitive position

Matador is a significant independent operator in the Delaware Basin, leveraging a 'stacked pay' strategy and integrated midstream assets to maintain operational efficiency and flow assurance.

GeographiesUnited States, New Mexico, Texas, Louisiana
Customer segmentsEnergy Marketers, Upstream Producers, Industrial Energy Consumers
Business modelCommodity Production, Fee-based Midstream Services
SuppliersOilfield Service Providers, Drilling Rig Operators, Hydraulic Fracturing Equipment Suppliers, Steel Tubular Goods Manufacturers
CustomersRefineries, Natural Gas Utilities, Petrochemical Manufacturers, Independent Energy Marketers
Listed2012
Employees395.0
CEOJoseph Wm. Foran
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is Matador Resources's market cap?
Matador Resources (MTDR) has a market capitalization of $6.4B and trades on NYSE.
What is Matador Resources's revenue and profitability?
Matador Resources generated $3.4B in trailing twelve-month revenue with net income of $483.3M, representing a net margin of 14.4%. Gross margin stands at 94.4%, with free cash flow of $2.2B. These figures are based on the Q1 2026 filing.
Who are Matador Resources's competitors?
Matador Resources's key competitors include Devon Energy, Targa Resources, EOG Resources, and others. These companies compete in similar markets and product categories.
Who does Matador Resources partner with?
Matador Resources's notable partners include Five Point Infrastructure, LLC, Energy Transfer, Plains Marketing, L.P., and others.
What subsidiaries does Matador Resources have?
Matador Resources's subsidiaries include San Mateo Midstream, LLC, Pronto Midstream, LLC, Ameredev Stateline II, LLC, and others.
Where is Matador Resources headquartered?
Matador Resources is headquartered in United States of America and employs approximately 395 people. It has been publicly traded since 2012.