Jun 2026 (Q2 FY26) — Aug 6, 2026
Matador Q2 FY26 — Production Guidance Exceeded, Debt Reduction, and Strategic Acquisitions Integration
Read the full callMatador earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,186 | +32.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 48.7 | +16.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 391 | +160.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $43.01 on 17 Oct 2025 → $57.38. High $65.45 (27 Mar 2026), low $37.19 (5 Nov 2025).
Overview
Call summaries
Matador Q2 FY26 — Production Guidance Exceeded, Debt Reduction, and Strategic Acquisitions Integration
Read the full callMatador Resources Q4 FY25 — Strong Reserves Growth and Capital Efficiency
Read the full callEvery analysed call
Financials
Net profit, year on year: +160% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 900 | 970 | 1,014 | 895 | 939 | 848 | 672 | 1,186 |
| Expenses | 508 | 610 | 625 | 607 | 633 | 605 | 625 | 609 |
| Operating profit | 392 | 360 | 389 | 289 | 306 | 243 | 47 | 577 |
| Operating margin | 43.6% | 37.1% | 38.4% | 32.2% | 32.6% | 28.6% | 7.0% | 48.7% |
| Other income | -34 | -60 | -44 | -50 | -46 | -53 | -63 | -57 |
| Interest | 36 | 60 | 49 | 53 | 51 | 55 | 52 | 61 |
| Profit before tax | 358 | 300 | 345 | 239 | 260 | 190 | -17 | 520 |
| Tax rate | 23.8% | 20.7% | 24.0% | 23.6% | 22.8% | −13.6% | 4.1% | 20.5% |
| Net profit | 248 | 215 | 240 | 150 | 176 | 193 | -36 | 391 |
| EPS ($ per share) | 1.99 | — | 1.92 | 1.21 | 1.42 | — | -0.29 | 3.15 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | -236 | -148 | -742 | -171 | 1,008 | 1,777 | 2,557 | 3,153 |
| Total liabilities | 1,676 | 2,100 | 2,174 | 2,135 | 2,237 | 3,599 | 5,393 | 5,714 |
| Fixed assets | 3,123 | 3,700 | 3,368 | 3,857 | 4,418 | 6,956 | 9,764 | 10,731 |
| Total assets | 3,456 | 4,070 | 3,687 | 4,262 | 5,555 | 7,727 | 10,850 | 11,711 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 609 | 552 | 478 | 1,053 | 1,979 | 1,868 | 2,247 | 2,425 |
| Cash from investing | -1,515 | -904 | -776 | -729 | -1,037 | -3,211 | -3,672 | -2,158 |
| Cash from financing | 888 | 333 | 324 | -329 | -481 | 902 | 1,414 | -283 |
| Capital expenditure | -2,865 | -1,680 | -1,268 | -1,508 | -1,991 | -4,612 | -5,590 | -4,041 |
| Free cash flow | -2,256 | -1,128 | -790 | -455 | -13 | -2,745 | -3,343 | -1,616 |
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Exploration and Production | 86% | 93% | 92% | 91% | 89% | 88% | 90% | 92% | +28.9% |
| Midstream | 19% | 18% | 16% | 19% | 19% | 24% | 20% | 16% | +6.1% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
80 filings between Oct 30, 2025 and Aug 27, 2026.
Purchases
$3.45M
45 purchases by 14 insiders
Sales
None
No insider sold shares.
Also filed: 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Foran Joseph Wm | $2.16M | — | Aug 26, 2026 |
| Calvert Christopher P | $320.1K | — | Aug 27, 2026 |
| Appel Shelley F | $286.9K | — | Nov 6, 2025 |
| Ward Susan M | $195.2K | — | Nov 3, 2025 |
| Macalik Robert T | $98.3K | — | Nov 6, 2025 |
| Stetson Glenn W | $81.6K | — | Jun 9, 2026 |
| Elsener William Thomas | $67.0K | — | Aug 10, 2026 |
| Singleton Van H II | $58.6K | — | Nov 6, 2025 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 27, 2026 | Calvert Christopher P EVP and CFO | Purchase | 2,500 | $141.6K |
| Aug 26, 2026 | Foran Joseph Wm Chairman and CEO | Purchase | 555 | $30.2K |
| Aug 17, 2026 | Foran Joseph Wm Chairman and CEO | Purchase | 400 | $21.5K |
| Aug 13, 2026 | Foran Joseph Wm Chairman and CEO | Purchase | 5,000 | $257.2K |
| Aug 12, 2026 | Foran Joseph Wm Chairman and CEO | Purchase | 10,000 | $521.6K |
| Aug 11, 2026 | Foran Joseph Wm Chairman and CEO | Purchase | 709 | $36.6K |
| Aug 10, 2026 | STEWART KENNETH L. Director | Gift | 9,400 | $0 |
| Aug 10, 2026 | Foran Joseph Wm Chairman and CEO | Purchase | 3,130 | $159.8K |
| Aug 10, 2026 | Elsener William Thomas EVP, Reservoir Engineering | Purchase | 850 | $43.3K |
| Jun 15, 2026 | Baty Robert Gaines Director | Purchase | 500 | $25.7K |
| Jun 11, 2026 | Ehrman Monika U Director | Award | 3,642 | $0 |
| Jun 11, 2026 | PARKER TIMOTHY E. Director | Award | 3,642 | $0 |
| Jun 11, 2026 | Baty Robert Gaines Director | Award | 3,642 | $0 |
| Jun 11, 2026 | Byerley William M Director | Award | 3,642 | $0 |
| Jun 11, 2026 | STEWART KENNETH L. Director | Award | 3,642 | $0 |
| Jun 11, 2026 | Ward Susan M Director | Award | 3,642 | $0 |
| Jun 11, 2026 | Appel Shelley F Director | Award | 3,642 | $0 |
| Jun 11, 2026 | Harvey Paul W Director | Award | 3,642 | $0 |
| Jun 11, 2026 | Baribault Reynald Director | Award | 3,642 | $0 |
| Jun 9, 2026 | Foran Joseph Wm Chairman and CEO | Purchase | 2,000 | $106.1K |
| Jun 9, 2026 | Stetson Glenn W EVP and COO | Purchase | 500 | $26.7K |
| Jun 8, 2026 | Ehrman Monika U Director | Purchase | 362 | $20.0K |
| Jun 4, 2026 | Foran Joseph Wm Chairman and CEO | Purchase | 2,000 | $112.5K |
| May 29, 2026 | Colodney Benjamin T SVP & Chief Accounting Officer | Purchase | 250 | $13.4K |
| May 29, 2026 | Foran Joseph Wm Chairman and CEO | Purchase | 482 | $25.4K |
| May 29, 2026 | Calvert Christopher P EVP and CFO | Purchase | 1,500 | $79.9K |
| May 28, 2026 | Stetson Glenn W EVP and COO | Purchase | 500 | $27.0K |
| May 27, 2026 | Foran Joseph Wm Chairman and CEO | Purchase | 4,675 | $244.8K |
| Mar 31, 2026 | Colodney Benjamin T SVP & Chief Accounting Officer | Tax withheld | 447 | $29.0K |
| Mar 6, 2026 | Ehrman Monika U Director | Purchase | 267 | $15.0K |
| Feb 27, 2026 | Foran Joseph Wm Chairman and CEO | Purchase | 468 | $23.3K |
| Feb 16, 2026 | Erman Bryan A Co-President,CLO & Head of M&A | Tax withheld | 1,050 | $50.2K |
| Feb 16, 2026 | Macalik Robert T EVP, Chief Financial Officer | Tax withheld | 1,050 | $50.2K |
| Feb 16, 2026 | Stetson Glenn W EVP-Production | Tax withheld | 1,050 | $50.2K |
| Feb 16, 2026 | Elsener William Thomas EVP, Reservoir Engineering | Tax withheld | 1,050 | $50.2K |
| Feb 16, 2026 | Calvert Christopher P EVP and COO | Tax withheld | 1,050 | $50.2K |
| Feb 14, 2026 | Stetson Glenn W EVP-Production | Tax withheld | 1,312 | $62.7K |
| Feb 14, 2026 | Calvert Christopher P EVP and COO | Tax withheld | 1,312 | $62.7K |
| Feb 14, 2026 | Macalik Robert T EVP, Chief Financial Officer | Tax withheld | 1,312 | $62.7K |
| Jan 6, 2026 | Krug George G EVP - Mktg and Midstream | Award | 5,800 | $0 |
| Jan 6, 2026 | Elsener William Thomas EVP, Reservoir Engineering | Tax withheld | 1,554 | $64.4K |
| Jan 6, 2026 | Elsener William Thomas EVP, Reservoir Engineering | Award | 3,480 | $0 |
| Jan 6, 2026 | Calvert Christopher P EVP and COO | Tax withheld | 1,554 | $64.4K |
| Jan 6, 2026 | Calvert Christopher P EVP and COO | Award | 3,480 | $0 |
| Jan 6, 2026 | Macalik Robert T EVP, Chief Financial Officer | Tax withheld | 1,554 | $64.4K |
| Jan 6, 2026 | Macalik Robert T EVP, Chief Financial Officer | Award | 3,480 | $0 |
| Jan 6, 2026 | Erman Bryan A Co-President,CLO & Head of M&A | Tax withheld | 1,554 | $64.4K |
| Jan 6, 2026 | Erman Bryan A Co-President,CLO & Head of M&A | Award | 3,480 | $0 |
| Jan 6, 2026 | Singleton Van H II CoPresident-Land, A&D,Planning | Tax withheld | 2,516 | $104.2K |
| Jan 6, 2026 | Singleton Van H II CoPresident-Land, A&D,Planning | Award | 5,800 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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