Matador Resources Q4 2025 net income falls to $192.5 million; output hits record
Matador Resources reported fourth-quarter 2025 net income of $192.5 million, down from $214.5 million a year earlier, and diluted EPS of $1.55 versus $1.71, while daily production reached a company record of 211,290 BOE. The company also gave 2026 guidance calling for oil production of 122,000 to 124,000 barrels per day and total D/C/E and midstream capital spending of $1.45 billion to $1.55 billion, a reduction of about 11% from 2025.
Key points
- Q4 2025 oil and natural gas revenues were $702.8 million, down from $893.9 million in Q4 2024.
- Q4 2025 adjusted EPS was $0.87, compared with $1.83 in Q4 2024 and $1.36 in Q3 2025.
- 2026 guidance: oil production of 122,000 to 124,000 Bbl/d, about 3% above 2025 actual production of 119,723 Bbl/d.
- 2025 shareholder returns totaled $218.9 million, including $163.1 million in dividends and $55.8 million in share repurchases.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 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 February 24, 2026.
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.