Nov 3, 5:12 PM ET
Matador Resources reported third quarter 2026 results on November 3, 2026, with oil and natural gas revenue of $1.22 billion, up 51% from a year earlier, while GAAP net income of $172.1 million was slightly below the $176.4 million reported in the third quarter of 2025. The company raised its full-year 2026 production guidance and said it repaid $150 million of debt in October 2026 and increased its annual dividend, which matters to shareholders because the revenue growth and dividend increase come alongside a slight dip in GAAP earnings per share.
- Oil and natural gas revenue was $1.22 billion in Q3 2026, up from $810 million in Q3 2025.
- GAAP net income was $172.1 million, or $1.39 per diluted share, versus $176.4 million, or $1.42 per diluted share, a year earlier; adjusted EPS was $2.08 versus $1.36.
- Full-year 2026 production guidance was raised to 223,000 to 224,000 BOE per day, from 218,500 to 223,500 BOE per day in August 2026.
- Annual dividend increased to $1.75 per share from $1.50, a 17% increase, and $150 million of borrowings were repaid in October 2026.
Read the filing on SEC.gov ↗
Oct 21, 4:19 PM ET
Matador Resources amended its dividend policy and declared a quarterly cash dividend of $0.4375 per share, up from $0.375 under the prior policy. The company says the increase is its eighth in five years, and future dividends remain at the discretion of the Board, depending on results, cash flows and other factors.
- New policy sets $0.4375 per share per quarter, or $1.75 per share per year, beginning in the fourth quarter of 2026
- Increase is 17% over the prior policy of $0.375 per share per quarter, or $1.50 per year
- Dividend is payable December 4, 2026, to shareholders of record as of November 10, 2026
- CEO Joseph Wm. Foran called it the eighth increase in five years and tied it to free cash flow and debt repayment
Read the filing on SEC.gov ↗
Oct 5, 7:36 AM ET
Matador Resources completed its acquisition of Paloma Permian LLC on October 1, 2026, paying $1.255 billion in cash, subject to post-closing adjustments. The company says the deal adds about 16,500 net acres in Eddy and Lea Counties, New Mexico, and over 156 net drilling locations, and expects it to support free cash flow and debt repayment.
- Closed October 1, 2026, for $1.255 billion in cash, subject to post-closing adjustments
- Adds about 16,500 net, mostly undeveloped acres in Eddy and Lea Counties, New Mexico
- Adds over 156 net locations; Matador expects to begin drilling up to 25 wells by year-end 2027
- Expects to pay down its PNC Bank-led credit facility by $350-400 million in Q4 2026, depending on commodity prices
Read the filing on SEC.gov ↗
Sep 10, 4:15 PM ET
Matador Resources said co-president Van H. Singleton, II retired from his role as Co-President of land, acquisitions and divestitures and planning on September 9, 2026, and moved to a Special Advisor role to the Board and Executive Committee. Bryan A. Erman, already Co-President, Chief Legal Officer and Head of M&A, takes over Singleton's co-presidency, and Jonathan J. Filbert takes over his land and acquisition and divestiture responsibilities.
- Van H. Singleton, II retired as Co-President on September 9, 2026 and became Special Advisor to the Board and Executive Committee.
- Bryan A. Erman, Co-President since June 2025, assumes Singleton's co-president role.
- Jonathan J. Filbert, Executive Vice President – Land since October 2023, takes over land and acquisition and divestiture efforts.
- Singleton's advisor agreement provides an annual fee of $450,000 paid monthly and continued vesting of his outstanding equity awards.
Read the filing on SEC.gov ↗
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