Matador Resources raises 2026 production guidance after record second-quarter oil output
Matador Resources reported second-quarter 2026 results on August 5, 2026, and raised its full-year 2026 production guidance to 218,500 to 223,500 barrels of oil equivalent per day from 210,500 to 216,000. Oil output of 126,106 barrels per day was a record and exceeded the company's expected range, while adjusted free cash flow was $303.2 million. Total 2026 capital expenditure guidance rose to $1.625 billion to $1.725 billion, and the company's realized natural gas price was negative for the quarter.
Key points
- Q2 2026 oil production averaged 126,106 barrels per day, a record and above the 123,000 to 125,000 guidance range.
- Full-year 2026 total capital expenditure guidance raised to $1.625 billion to $1.725 billion from $1.45 billion to $1.55 billion.
- Q2 2026 adjusted free cash flow was $303.2 million, compared with $113.3 million in Q1 2026.
- Pending Paloma and Ridge Runner acquisitions are expected to close in the fourth quarter of 2026.
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing 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 August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.