[8-K] Matador Resources Co Reports Material Event

Rhea-AI Filing Summary

Matador Resources Company (MTDR) furnished an 8-K announcing it issued a press release with financial results for the three and nine months ended September 30, 2025, and an update to full-year 2025 guidance. The company also made an investor presentation available on its website.

The press release includes non-GAAP measures such as Adjusted EBITDA (company and San Mateo Midstream), adjusted net income, adjusted diluted EPS, and adjusted free cash flow, with reconciliations to GAAP provided. The information in Items 2.02 and 7.01, including Exhibit 99.1, is furnished and not deemed filed.

Insights

Equity Research Analyst

Matador furnished Q3 results and updated 2025 guidance; details reside in the press release and slides, with non-GAAP reconciliations provided.

Matador Resources furnished a press release as Exhibit 99.1 announcing financial results for the three and nine months ended September 30, 2025 and updating full-year 2025 guidance. The company highlights non-GAAP measures—Adjusted EBITDA, adjusted net income, adjusted EPS, and adjusted free cash flow—plus San Mateo Midstream’s Adjusted EBITDA, with GAAP reconciliations included. A related investor presentation is available on the company’s website.

The disclosure is furnished under Items 2.02 and 7.01, not filed, limiting incorporation into other SEC filings. Reliance on non-GAAP metrics is supported by reconciliations, which helps comparability but still requires reading the GAAP bridges for context. The update to guidance is potentially material, but this 8-K excerpt does not specify direction or magnitude.

Key items to review in Exhibit 99.1: any changes to full-year 2025 production or cost guidance, trends in Adjusted EBITDA and adjusted free cash flow, and San Mateo’s contribution. The presentation and press release dated October 21, 2025 are the primary sources for specifics shortly after the quarter end.

0001520006false00015200062024-07-232024-07-23

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

  _________________________________

FORM 8-K

_________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported) October 21, 2025

 _________________________________

Matador Resources Company

(Exact name of registrant as specified in its charter)

   _________________________________

Texas

001-35410

27-4662601

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

5400 LBJ Freeway,			Suite 1500			75240
Dallas,			Texas
(Address of principal executive offices)						(Zip Code)

Registrant’s telephone number, including area code: (972) 371-5200

Not Applicable

(Former name or former address, if changed since last report)

_________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.01 per share

MTDR

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 2.02 Results of Operations and Financial Condition.

Attached hereto as Exhibit 99.1 is a press release (the “Press Release”) issued by Matador Resources Company (the “Company”) on October 21, 2025, announcing its financial results for the three and nine months ended September 30, 2025 and updating full year 2025 guidance. The Press Release is incorporated by reference into this Item 2.02, and the foregoing description of the Press Release is qualified in its entirety by reference to this exhibit.

The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and will not be incorporated by reference into any filing under the Securities Act of 1933, as amended (the “Securities Act”), unless specifically identified therein as being incorporated therein by reference.

In the Press Release, the Company has included certain “non-GAAP financial measures,” as defined in Item 10 of Regulation S-K of the Exchange Act, including (i) earnings before interest expense, income taxes, depletion, depreciation and amortization, accretion of asset retirement obligations, property impairments, unrealized derivative gains and losses, non-recurring transaction costs for certain acquisitions, certain other non-cash items and non-cash stock-based compensation expense, and net gain or loss on asset sales and impairment (“Adjusted EBITDA”) attributable to Matador Resources Company shareholders, (ii) Adjusted EBITDA of San Mateo Midstream, LLC, the Company’s midstream affiliate (“San Mateo”), (iii) adjusted net income attributable to Matador Resources Company shareholders, (iv) adjusted earnings per diluted common share attributable to Matador Resources Company shareholders and (v) adjusted free cash flow of both the Company and San Mateo. In the Press Release, the Company has provided reconciliations of the non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with generally-accepted accounting principles (“GAAP”) in the United States. In addition, in the Press Release, the Company has provided the reasons why the Company believes such non-GAAP financial measures provide useful information to investors.

Item 7.01 Regulation FD Disclosure.

Item 2.02 above is incorporated herein by reference.

In connection with the Press Release, the Company released a presentation summarizing the highlights of the Press Release (the “Presentation”). The Presentation is available on the Company’s website, www.matadorresources.com, on the Events and Presentations page under the Investor Relations tab.

The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Exchange Act and will not be incorporated by reference into any filing under the Securities Act unless specifically identified therein as being incorporated therein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.						Description of Exhibit
99.1						Press Release, dated October 21, 2025.
104						Cover Page Interactive Data File, formatted in Inline XBRL (included as Exhibit 101).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

MATADOR RESOURCES COMPANY

Date: October 21, 2025

By:

/s/ Bryan A. Erman

Name:

Bryan A. Erman

Title:

Co-President

FAQ

What did Matador Resources (MTDR) announce in this 8-K?

It furnished a press release with financial results for the three and nine months ended September 30, 2025, and updated full-year 2025 guidance.

Which periods are covered in MTDR’s results?

The three and nine months ended September 30, 2025.

Where can I find the press release and presentation?

Exhibit 99.1 contains the press release; the presentation is on www.matadorresources.com under Investor Relations › Events and Presentations.

Are non-GAAP metrics included and reconciled?

Yes. It includes Adjusted EBITDA (company and San Mateo), adjusted net income, adjusted diluted EPS, and adjusted free cash flow, with GAAP reconciliations.

Is the information considered filed with the SEC?

The information in Items 2.02 and 7.01, including Exhibit 99.1, is furnished and not deemed filed.

What exhibits are included with this 8-K?

Exhibit 99.1 (Press Release dated October 21, 2025) and Exhibit 104 (Cover Page Inline XBRL data file).

Does the update include guidance for 2025?

Yes. The press release updates full-year 2025 guidance.