MTDR - Matador Resources Non-GAAP EPS of $2.08 revenue of $707.48M

• Matador Resources press release ( NYSE: MTDR ): Q4 Non-GAAP EPS of $2.08.
• Revenue of $707.48M (+24.9% Y/Y).
• Record quarterly average production of 111,700 BOE per day (62,300 barrels of oil per day)
• Adjusted free cash flow of $249.3 million
• Increased quarterly dividend policy to $0.15 per diluted common share, or $0.60 per annum, a 50% increase

• 2023 Guidance Highlights (pro forma for the Advance acquisition)

  • Oil production guidance of 26.4 to 27.3 million barrels
  • Natural gas production guidance of 107.7 to 113.7 billion cubic feet
  • Total production guidance of 44.35 to 46.25 million BOE, or 121,500 to 126,700 BOE per day
  • Drilling, completing and equipping capital expenditures of $1.18 to 1.32 billion
  • Midstream capital expenditures of $150 to 200 million

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