HighGravityDataMatador Resources — Oct 21, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001520006-25-000215
Showing in the filing
D/C/E CapEx
“approximately $300 to $380 million”
Period
Q4 FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 26
Production for FY2025
“205,500 to 206,500 BOE per day”
Total production, BOE per day for FY2025
“205,500 to 206,500”
Completed well count for FY2025
“118.3”
Net operated wells drilled and turned to sales for FY2025
“118.3”
Organic oil production growth for FY2025
“2 to 5%”
Drilling and completion cost per completed l… for FY2025
“$835 to $855 per completed lateral foot”
Total capital expenditures vs 2025 for FY2026
“8 to 12% lower total capital expenditures”
D/C/E CapEx for FY2025
“$1.47 to $1.55 billion”
Organic production (base case) for FY2026
“approximately 210,000 BOE per day”
San Mateo anticipated record annual Adjusted… for FY2025
“$285 to $295 million”
Annualized dividend
“$1.50 annually, or $0.375 per quarter”
Dividend policy
“$1.50 annually, or $0.375 per quarter”
Quarterly cash dividend declared for FY2025
“$0.375 per share”
Quarterly cash dividend
“$0.375 per share”
Oil production, Bbl per day for FY2025
“119,250 to 119,750”
Natural Gas production, MMcf per day for FY2025
“517.5 to 520.5”
Midstream CapEx (2) for FY2025
“$155 to $175 million”
Total CapEx for FY2025
“$1.625 to $1.725 billion”
Average Daily Total Production, BOE per day for Q4 FY2025
“205,000 to 208,000”
Average Daily Oil Production, Bbl per day for Q4 FY2025
“119,000 to 121,000”
Average Daily Natural Gas Production, MMcf p… for Q4 FY2025
“516 to 522”
% Oil for Q4 FY2025
“58%”
Net operated horizontal wells turned to sales for Q4 FY2025
“27.5”
Net operated horizontal wells turned to sales for FY2026
“13.6”
D/C/E CapEx for Q4 FY2025
“approximately $300 to $380 million”
Midstream CapEx for Q4 FY2025
“approximately $10 to $30 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
In addition, Matador expects to turn to sales 13.6 net operated horizontal wells in January 2026, which are expected to provide a favorable increase in production from 2025 to 2026. 7 Fourth Quarter 2025 Estimated Capital Expenditures Matador expects D/C/E CapEx for the fourth quarter of 2025 will be approximately $300 to $380 million, which is a 21% decrease as compared to $429.9 million for the third quarter of 2025, primarily due to timing of completions in the third quarter of 2025 compared to completions in the fourth quarter of 2025. Matador expects its midstream CapEx, including its proportionate share of San Mateo’s CapEx, will be approximately $10 to $30 million in the fourth quarter of 2025, which is a 53% reduction in CapEx as compared to $42.8 million in CapEx for the third quarter of 2025. Third Quarter 2025 Earnings Conference Call The Company will host a live conference call on Wednesday, October 22, 2025, at 10:00 a.m. Central Time to review its third 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/BIf0215354457a4bb591304082cdf18330 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 Investo
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.