Second Quarter 2018 Earnings Release August 1, 2018 NYSE: MTDR
Selected Financial Measures (In thousands) 1Q 2011 2Q 2011 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 Net (loss) incom e attributable to Matador Resources Com pany Shareholders (27,596) 7,153 6,194 3,941 3,801 (6,676) (9,197)…
Selected Operating and Financial Results Three Months Ended June 30, March 31, June 30, 2018 2018 2017 (1) Net Production Volumes: Oil (MBbl) 2,706 2,382 1,767 Natural gas (Bcf) 12.7 10.2 9.6 Total oil equivalent (MBOE) 4,817…
Headlines and Highlights for Second Quarter 2018 Daily oil, natural gas and total production were record numbers in Q2 2018 and up more than expected from Q1 2018 Oil production of 29,700 Bbl per day, up 12% from 26,500 Bbl per day in…
Q2 2018 Volumes At Record Levels Driven by Strong Delaware Production Average Daily Oil Production Average Daily Total Production (Bbl/d) (BOE/d) 29,740 Oil up 12% sequentially; up 53% YoY BOE up 17% sequentially; up 43% YoY…
Committed to Maintaining Strong Balance Sheet Preserved and enhanced liquidity through May 2018 equity offering, October 2017 equity offering and February 2017 San Mateo midstream joint venture Strong financial position and…
Q2 2018 Key Well Results SST 6 State 123H 2nd Bone Spring TWIN LAKES 24-hr IP: 2,056 BOE/d (85% oil) 41,800 gross / 28,500 net acres SST 6 State 124H 2nd Bone Spring 24-hr IP: 1,845 BOE/d (86% oil) Northeast Kemnitz 233H…
Quality Acreage Additions Throughout 2018 One Brick at a Time TWIN LAKES Permian acreage position includes 41,800 gross / 28,500 net acres 209,000 gross (115,400 net) acres, almost all in the Delaware Basin ARROWHEAD 60,000 gross /…
Wells Completed and Turned to Sales Q2 2018 During the second quarter of 2018, the Delaware Basin accounted for 33 gross (19.3 net) wells completed and turned to sales, including 24 gross (18.5 net) operated and 9 gross (0.8 net)…
Updated 2018 Guidance (as Revised on August 1, 2018) Plan to run 6 rigs in the Delaware Basin throughout 2018 Three rigs in Rustler Breaks, one rig in Antelope Ridge, one rig in Wolf/Jackson Trust and one rig in Ranger/Arrowhead/Twin…
Updated 2018 Capital Investment Plan Summary (as of August 1, 2018) Original 2018E CapEx Guidance(1)(2) Revised 2018E CapEx Guidance(1)(3) Midstream Midstream 70 to 90 million(4) 600 to 660 million 70 to 90 million(4) 690 to 740…
Hedging Profile(1) H2 2018 Hedges Estimated realized gain of 18 million in H2 2018(1) Oil (WTI) Costless Collars: 1.4 million barrels hedged for H2 2018 at weighted average floor and ceiling prices of 44/Bbl and 60/Bbl, respectively…
Matadors Proved Reserves 170 Million BOE at June 30, 2018(1) Haynesville/CV Haynesville/CV Haynesville/CV 11.4 MMBOE, 8% 10.2 MMBOE, 6% 13.0 MMBOE, 10% Eagle Ford Eagle Ford 12.4 MMBOE, 8% 11.5 MMBOE, 7% Eagle Ford 13.3 MMBOE,…
Appendix NYSE: MTDR
Adjusted EBITDA Reconciliation The following table presents our calculation of Adjusted EBITDA and reconciliation of Adjusted EBITDA to the GAAP financial measures of net income (loss) and net cash provided by operating activities,…
Adjusted EBITDA Reconciliation The following table presents our calculation of Adjusted EBITDA and reconciliation of Adjusted EBITDA to the GAAP financial measures of net income (loss) and net cash provided by operating activities,…
Adjusted Net Income and Adjusted Earnings Per Diluted Common Share This presentation includes the non-GAAP financial measures of adjusted net income and adjusted earnings per diluted common share. These non-GAAP items are measured as…
PV-10 Reconciliation PV-10 is a non-GAAP financial measure and generally differs from Standardized Measure, the most directly comparable GAAP financial measure, because it does not include the effects of income taxes on future net…