HighGravityDataMatador Resources — Jul 22, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001520006-25-000188
Showing in the filing
Corporate Alternative Minimum Tax applicability
“does not expect to be subject to the Corporate Alternative Minimum Tax”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 25
Quarterly base dividend
“$0.3125 per share”
Quarterly cash dividend
“$0.3125 per share”
Annualized dividend
“$1.25 per share”
For total daily production for FY2025
“200,000 – 205,000 BOE/d”
Delaware Basin drilling inventory for the long term
“ten to 15 years”
Drilling rigs operated for FY2025
“eight”
Operated drilling rig count for FY2025
“eight drilling rigs”
Total, BOE per day (Full-Year 2025) for FY2025
“200,000 to 205,000”
Oil, Bbl per day (Full-Year 2025) for FY2025
“117,500 to 119,500”
Natural Gas, MMcf per day (Full-Year 2025) for FY2025
“495 to 513”
D/C/E CapEx (2) for FY2025
“$1.18 to $1.37 billion”
Midstream CapEx (3) for FY2025
“$120 to $180 million”
Total CapEx for FY2025
“$1.30 to $1.55 billion”
% Oil (Q3 2025E) for Q3 FY2025
“59%”
Average Daily Total Production, BOE per day for Q3 FY2025
“198,500 to 201,000”
Total, BOE per day (Q3 2025E) for Q3 FY2025
“198,500 to 201,000”
Average Daily Oil Production, Bbl per day for Q3 FY2025
“116,500 to 118,000”
Oil, Bbl per day (Q3 2025E) for Q3 FY2025
“116,500 to 118,000”
Average Daily Natural Gas Production, MMcf p… for Q3 FY2025
“492.0 to 498.0”
Operated horizontal wells turned to sales for Q3 FY2025
“28 to 32 net operated horizontal wells”
Percentage of Q3 wells in Antelope Ridge ass… for Q3 FY2025
“60 to 65%”
D/C/E capital expenditures for Q3 FY2025
“approximately $300 to $370 million”
Proportionate share of midstream capital exp… for Q3 FY2025
“approximately $25 to $55 million”
Expected cash tax payments (% of pre-tax boo… for FY2025
“a range of 0 to 5% of pre-tax book net income”
Corporate Alternative Minimum Tax applicabil… for FY2026
“does not expect to be subject to the Corporate Alternative Minimum Tax”
Exhibit 99.1 · the passage around this item
… earlier in the release
As a result, Matador is lowering its expected cash tax payments from a range of 5 to 10% of pre-tax book net income to a range of 0 to 5% of pre-tax book net income for the year ending December 31, 2025. Matador expects to recognize the benefit of the OBBBA in its financial statements for the third quarter of 2025, the quarter in which the law was enacted. In addition, as a result of these OBBBA provisions, Matador does not expect to be subject to the Corporate Alternative Minimum Tax in 2026. Matador’s cash tax payments for 2026 will be dependent upon a variety of factors that will impact taxable income, including oil and natural gas prices, allowable deductions and any legislative changes thereon, and any tax credits generated that would offset tax liabilities in future years. Second Quarter 2025 Earnings Conference Call The Company will host a live conference call on Wednesday, July 23, 2025, at 10:00 a.m. Central Time to review its second quarter 2025 financial results and operational highlights. To access the live conference call by phone, you can use the following link https://register-conf.media-server.com/register/BI5cabb52f24cf496aa14cb36e45fefe1c and you will be provided with dial in details. To avoid delays, it is recommended that participants dial into the conference call 15 minutes ahead of the scheduled start time. The live conference call will also be available through the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab. The replay for the event will be available on the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.