Matador Resources Q2 net income falls to $150.2 million; raises production guidance
Matador Resources reported second quarter 2025 results and raised its full-year 2025 production guidance to 200,000 to 205,000 BOE per day, without changing its capital expenditure guidance. Net income fell to $150.2 million, or $1.21 per diluted share, from $240.1 million, or $1.92, in the first quarter, while production hit a record 209,013 BOE per day, so shareholders see higher output alongside lower reported profit.
Key points
- Q2 2025 net income was $150.2 million ($1.21 per diluted share), down 37% from $240.1 million in Q1 2025 and down 34% from $228.8 million in Q2 2024.
- Adjusted EBITDA was $594.2 million, down 8% from Q1 2025 and up 3% from Q2 2024.
- Full-year 2025 production guidance was raised to 200,000 to 205,000 BOE per day from 198,000 to 202,000; total capital expenditure guidance stayed at $1.30 to $1.55 billion.
- The company repurchased 1.1 million shares at an average price of $40.37 in Q2 2025 and declared a quarterly base dividend of $0.3125 per share, payable September 5, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 22, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.