Matador Resources Co. 8-K Summary
Business Context and Reporting Period
Matador Resources Company (MTDR) filed a Current Report on Form 8-K on February 24, 2026. The filing announces financial results for the three and twelve months ended December 31, 2025, and includes an operational update and 2026 operating plan and market guidance.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the attached Earnings Press Release (Exhibit 99.1), which is incorporated by reference but not reproduced in the 8-K text.
The Company utilizes several non-GAAP financial measures in its reporting, including:
- Adjusted EBITDA attributable to shareholders.
- Adjusted EBITDA of San Mateo Midstream, LLC (midstream affiliate).
- Combined Adjusted EBITDA of San Mateo and wholly-owned midstream assets.
- Adjusted net income and adjusted earnings per diluted common share.
- Adjusted free cash flow for both the Company and San Mateo.
- Present value of estimated total proved reserves (discounted at 10% pre-tax).
Material Changes
The filing text does not explicitly detail material changes versus prior periods. It references an operational update and 2026 guidance within the attached press release, but specific comparative data is not present in the 8-K document itself.
Guidance, Outlook, and Risks
The Company has issued a 2026 operating plan and market guidance as part of the Earnings Press Release. An accompanying investor presentation is available on the Company's website. The filing notes that the information provided is not deemed "filed" for purposes of Section 18 of the Exchange Act and will not be incorporated by reference into Securities Act filings unless specifically identified.
Investor Verification Checklist
- Review Exhibit 99.1 (Earnings Press Release) for specific GAAP and non-GAAP financial results for Q4 and FY 2025.
- Verify the 2026 operating plan and market guidance details in the press release.
- Examine the reconciliations of non-GAAP measures to GAAP measures provided in the press release.
- Access the accompanying investor presentation on the Company's website for additional operational context.