What Is Matador Getting For All That Spending?
Matador Resources (MTDR) spent $3.17B on property/equipment over the past year, up from $1.15B a year ago, with 82.6% of sales going to spending. In Q2 2026, spending exceeded cash flow, and the company's debt is $4.32B. Management cites adjusted free cash flow of $303M for the quarter.


