04:41 PM EDT, 10/21/2025 (MT Newswires) -- Matador Resources ( MTDR ) reported Q3 adjusted earnings late Tuesday of $1.36 per diluted share, down from $1.89 a year earlier.

Analysts polled by FactSet expected $1.23.

Revenue for the quarter ended Sept. 30 was $939 million, up from $899.8 million a year earlier.

Analysts expected $876.7 million.

For fiscal 2025, the company increased its production guidance to a range of 205,500 to 206,500 barrels of oil equivalent per day from 200,000 to 205,000 barrels of oil equivalent per day.

Shares of Matador Resources ( MTDR ) were down 3.2% in after-hours trading.