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.
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From Matador Resources's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$3.66B
+5.1%
$6.09
-14.7%
20.8%
FY2024
$3.48B
+23.5%
$7.14
+1.3%
25.4%
FY2023
$2.82B
-11.9%
$7.05
-30.3%
30.0%
FY2022
$3.20B
+71.7%
$10.11
+105.9%
38.0%
FY2021
$1.86B
+118.8%
$4.91
—
31.4%
Frequently asked questions
When is Matador Resources's next earnings date?
Matador Resources has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Matador Resources earn last quarter?
For the quarter ended Sep 2026, Matador Resources reported diluted EPS of $1.39 (-2.1% year over year) on revenue of $1.39B (+52.0%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.