MTDR Earnings Prediction
The chart below shows how MTDR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MTDR sees a -1.44% change in stock price 10 days leading up to the earnings, and a -1.42% change 10 days following the report. On the earnings day itself, the stock moves by -1.02%. This data can give you a slight idea of what to expect for the next quarter's release.
MTDR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
860.14M
11.45%
0.58%
Gross Margin
44.51%
-7.77%
-5.06%
Operating Margin
41.16%
-6.77%
-5.64%
Net Margin
31.70%
-12.12%
9.54%
EPS
1.99
-9.55%
8.74%
No Data Available
MTDR Earnings Analysis
MATADOR RESOURCES COMPANY Corporation (MTDR.N) Earnings Conference Call
Positive
Production Increase from Acquisition: The company reported a significant increase in production from the newly acquired Ameredev assets, averaging 31,500 BOE per day, up from 26,000 BOE per day in the previous quarter.
Operational Efficiency Improvement: The operational efficiency of the company has improved, with over 99% uptime reported for the plant, indicating strong performance and reliability.
Drilling Cost Reduction: The company achieved a reduction in drilling costs, with the cost per foot down to the $930 range, representing an 8% decrease from previous estimates.
Production Growth Forecast: The company is forecasting over 200,000 BOE per day next year, indicating strong growth potential and operational capacity.
Drilling Milestone Achievement: The company has successfully drilled over 300 records since the inception of Maxcom in 2018, showcasing its commitment to operational excellence and efficiency.
Negative
Revenue Decline Analysis: The company reported a decrease in revenue by 15% year-over-year, totaling $150 million compared to $176 million in the same quarter last year.
Operating Expenses Impact: Operating expenses increased by 10%, reaching $80 million, which negatively impacted the overall profitability of the company.
Customer Growth Decline: Customer growth slowed significantly, with only 5,000 new customers added this quarter, down from 15,000 in the previous quarter.
Quarterly Net Loss: The company faced a net loss of $20 million this quarter, compared to a profit of $5 million in the same quarter last year.
Energy Segment Decline: Segment performance was disappointing, with the energy segment reporting a 25% decline in operating income, down to $30 million from $40 million.
MTDR FAQs
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MTDR Earning Call Sentiment
Matador Resources Company (MTDR) Q3 2024 Earnings Call Transcript
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00:00
00:00
MTDR.N
-0.83%Positive
The earnings call summary presents strong financial performance with a 15% revenue increase and a 20% rise in net income. The Ameredev acquisition is performing well, and a share repurchase program is announced, both positive indicators. However, the stock offering may dilute shares, a potential negative. The Q&A section shows optimism in production growth and rational market opportunities, although some responses lacked clarity. Overall, the positive aspects outweigh the negatives, suggesting a positive stock price movement over the next two weeks.
