- 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
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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
For further details see:
Matador Resources Non-GAAP EPS of $2.08, revenue of $707.48M