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 compares to the Zacks Consensus Estimate of $883.27 million, representing a surprise of -23.96%. The company delivered an EPS surprise of +23.06%, with the consensus EPS estimate being $1.24.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

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 compared to the 204451.5 millions of barrels of oil equivalent per day average estimate based on eight analysts.
• Average Daily Production Volumes - Oil: 120,277.00 BBL/D compared to the 117,463.80 BBL/D average estimate based on eight analysts.
• Average Daily Production Volumes - Natural gas: 523.9 millions of cubic feet per day versus 521.96 millions of cubic feet per day estimated by eight analysts on average.
• Average Sales Prices - Natural gas, with realized derivatives: $1.44 versus $2.15 estimated by six analysts on average.
• Average Sales Prices - Oil, with realized derivatives: $68.04 versus the six-analyst average estimate of $67.16.
• Average Sales Prices - Oil without realized derivatives: $72.83 compared to the $71.09 average estimate based on five analysts.
• 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 compared to the $40.94 million average estimate based on five analysts. The reported number represents a change of +25.7% year over year.
• 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- Oil: $788.35 million versus the four-analyst average estimate of $695.11 million. The reported number represents a year-over-year change of +5.2%.
• Revenues- Natural gas: $30.38 million versus the four-analyst average estimate of $78.12 million. The reported number represents a year-over-year change of -81.1%.
• Revenues- Sales of purchased natural gas: $80.78 million compared to the $63 million average estimate based on three analysts. The reported number represents a change of +28.7% year over year.

View all Key Company Metrics for Matador here>>>

Shares of Matador have returned -6.6% over the past month versus the Zacks S&P 500 composite's +8.8% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.