Matador Resources Company (MTDR)

Matador Resources Company (MTDR) is an independent energy company engaged in the exploration, development, and production of oil and natural gas resources in the United States. Led by Founder and CEO Joseph Wm. Foran, Matador’s mission is to "Maximize shareholder value through profitable growth and environmental stewardship." The company holds a strategic industry position in the Delaware Basin (Permian), where it has built a world-class, multi-decade inventory of high-return drilling locations. By late 2025, MTDR stock has been a top performer in the E&P sector, hitting record annual production of 206,500 BOE per day. Its vision is to be the most capital-efficient independent operator in the Permian.

The business operations of Matador are divided into Exploration & Production and Midstream (San Mateo). The core growth driver in 2025 has been "Operational Efficiency," where the company reduced drilling costs per lateral foot to approximately $835. In late 2025, MTDR increased its production guidance while maintaining its capital expenditure range, a clear sign of improving capital efficiency. The 2026 strategic roadmap focuses on "The 210,000 BOE Milestone," aiming to grow organic oil production by 2%–5% while spending 8%–12% less capital than in 2025. By utilizing its "San Mateo Midstream Moat"—owning its own gathering and processing infrastructure—Matador achieves higher netback margins than its peers. This "Vertical Integration" is a primary driver for the MTDR stock price. The company’s move to increase its quarterly dividend to $0.3125 has also solidified its status as a total-return vehicle for MTDR stock holders.