Mon, Apr 28, 8:20 PM (19 days ago)
**Matador Resources Company (MTDR) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $1.01 billion, up 28.7% YoY. - **Net Income:** $262.2 million, up 22.6% YoY. - **Operating Income:** $389.2 million, up 22.0% YoY. - **Cash Flow from Operations:** $727.9 million, up 55.3% YoY. - **Cash & Restricted Cash:** $77.5 million, down 3.2% YoY. **Profit Margins:** - **Operating Margin:** 38.4%, up from 32.8% YoY. - **Net Margin:** 25.9%, up from 24.8% YoY. **Earnings Changes:** - **EPS (Basic):** $1.92, up 18.5% YoY. - **EPS (Diluted):** $1.92, up 18.5% YoY. **Quarterly Performance Discussion:** - **Production:** 17.9 million BOE, up 31.2% YoY. - **Oil Production:** 10.4 million Bbl, up 34.0% YoY. - **Natural Gas Production:** 45.1 Bcf, up 27.0% YoY. - **Average Daily Production:** 198,631 BOE, up 32.6% YoY. **Trends & Uncertainties:** - **Commodity Prices:** Oil prices averaged $72.38/Bbl, down 6.7% YoY. Natural gas prices averaged $3.56/Mcf, up 20.3% YoY. - **Hedging:** Realized gains on derivatives were $2.7 million, up from $0.3 million YoY. - **Capital Expenditures:** $511.7 million, down 6.2% YoY. - **Debt:** $3.18 billion, up 2.6% YoY. **Future Operations Impact:** - **Drilling:** Reduced rig count to eight by mid-2025. - **Capital Expenditures:** Decreased D/C/E budget to $1.18-$1.37 billion for 2025. - **Midstream:** $120.0-$180.0 million budget, including Marlan Processing Plant Expansion. - **Dividends:** $0.3125 per share, payable June 6, 2025. - **Share Repurchase:** $10.4 million under the Share Repurchase Program. **Ticker:** MTDR