For the quarter ended March 2026, Matador Resources (MTDR Quick QuoteMTDR - Free Report) reported revenue of $671.64 million, down 33.8% over the same period last year. EPS came in at $1.53, compared to $1.99 in the year-ago quarter.

The reported revenue represents a surprise of -23.96% over the Zacks Consensus Estimate of $883.27 million. With the consensus EPS estimate being $1.24, the EPS surprise was +23.06%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Matador performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Average Daily Production Volumes - Total oil equivalent: 207594 millions of barrels of oil equivalent per day versus 204451.5 millions of barrels of oil equivalent per day estimated by eight analysts on average.
• Average Daily Production Volumes - Oil: 120,277.00 BBL/D versus 117,463.80 BBL/D estimated by eight analysts on average.
• Average Daily Production Volumes - Natural gas: 523.9 millions of cubic feet per day versus the eight-analyst average estimate of 521.96 millions of cubic feet per day.
• Average Sales Prices - Natural gas, with realized derivatives: $1.44 versus the six-analyst average estimate of $2.15.
• Average Sales Prices - Oil, with realized derivatives: $68.04 compared to the $67.16 average estimate based on six analysts.
• Average Sales Prices - Oil without realized derivatives: $72.83 versus the five-analyst average estimate of $71.09.
• Average Sales Prices - Natural gas without realized derivatives: $0.64 versus the five-analyst average estimate of $1.52.
• Revenues- Third-party midstream services revenues: $42.09 million versus $40.94 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +25.7% change.
• Revenues- Oil and natural gas revenues: $818.73 million versus the five-analyst average estimate of $790.46 million. The reported number represents a year-over-year change of -10%.
• Revenues- Sales of purchased natural gas: $80.78 million versus the three-analyst average estimate of $63 million. The reported number represents a year-over-year change of +28.7%.

View all Key Company Metrics for Matador here>>>

Shares of Matador have returned -2.4% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.