Calvert Christopher P purchased $142K of MTDR (indirect holdings)

U.S. upstream M&A reached $12.6B in Q3 2026, up from $11.5B in Q2, with notable deals involving Magnolia, Matador, and others. October saw additional large transactions, including EQT's $13.8B acquisition of Range Resources. Total 2026 deal value is $80.5B, surpassing 2025's total. High oil prices and international demand drove activity, with the Permian and Eagle Ford basins being key areas of focus.

Matador Resources (MTDR) reported Q3 earnings, projecting 2026 midstream EBITDA growth of 17% to $325M. The Cardinal acquisition is expected to contribute $100M in EBITDA by 2028. The company plans multiyear expansion at Marlan, with $25M spent in the current quarter. Matador expects 25-37 wells on Paloma-related acreage and federal lease-sale acreage, with lower costs and higher recoveries. The first Woodford well exceeded expectations with over 140,000 barrels in five months.

Matador Resources reported 3Q 2026 revenue of $1.16B, up 24% YoY, but net income fell 2% to $172.12M. Higher oil and gas prices and production increases were offset by weaker derivative results and higher costs. Production rose 10% to 230,470 BOE per day. The company adjusted its 2026 capital expenditure outlook to $1.50B-$1.54B.

Matador Resources Co (MTDR) reported Q3 2026 earnings, highlighting record production and mid-single-digit growth targets for 2027. CEO Joe Foran and CFO Chris Calvert discussed capital efficiency, midstream monetization, and debt reduction. San Mateo's EBITDA grew 17% in 2026, with projections of $100M from Cardinal integration by 2028. The company plans to drill 110-112 wells, including Woodford wells with strong initial results.

Matador Resources (MTDR) reported Q3 2026 revenue of $1.16B, up 23.8% YoY, and EPS of $2.08, beating estimates. Despite growth, shares fell due to margin compression. Management cited production gains, acquisition integrations, and improved natural gas marketing. Future focus includes federal acreage development, midstream expansion, and debt reduction.

Matador Resources Co (MTDR) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 MATADOR RESOURCES COMPANY REPORTS THIRD QUARTER 2026 RESULTS INCLUDING RECORD OIL PRODUCTION AND CONTINUED DEBT REPAYMENT DALLAS, Texas, November 3, 2026 -- Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating res