Matador Resources Company (MTDR) Q1 2023 Earnings Call Transcript

Matador Resources Company (NYSE:MTDR) Q1 2023 Earnings Conference Call April 26, 2023 11:00 AM ET

Company Participants

Mac Schmitz – Vice President-Investor Relations
Joe Foran – Founder, Chairman and Chief Executive Officer
Chris Calvert – Executive Vice President and Co-Chief Operating Officer
Glenn Stetson – Executive Vice President-Production
Tom Elsener – Executive Vice President-Reservoir Engineering and Senior Asset Manager
Brian Willey – Chief Financial Officer and President-Midstream Operations
Gregg Krug – Executive Vice President-Marketing and Midstream Strategy
Van Singleton – President-Land, Acquisitions and Divestitures and Planning
Billy Goodwin – President-Operations

Conference Call Participants

John Freeman – Raymond James
Gabe Daoud – Cowen
Neal Dingmann – Truist Securities
Scott Hanold – RBC Capital Markets
Leo Mariani – ROTH/MKM
Subash Chandra – Benchmark
Zach Parham – JPMorgan
Tim Rezvan – KeyBanc Capital Markets
Jeoffrey Lambujon – TPH
Kevin MacCurdy – Pickering Energy Partners

Operator

Good morning, ladies and gentlemen, welcome to the First Quarter 2023 Matador Resources Company Earnings Conference Call. My name is Judy, and I’ll be serving you as the operator for today. At this time all participants are in a listen-only mode. [Operator Instructions]. As a reminder this conference is being recorded for replay purposes. And the replay will be available in the company’s website for one year as discussed in the company’s earnings press release issued yesterday.

I will now turn the call over to Mr. Mac Schmitz, Vice President, Investor Relations for Matador. Mr. Schmitz, you may proceed.

Mac Schmitz

Thank you, Judy. Good morning, everyone, and thank you for joining us for Matador’s first quarter 2023 earnings conference call. Some of the presenters this morning will reference certain non-GAAP financial measures regularly used by Matador Resources in measuring the company’s financial performance. Reconciliations of such non-GAAP financial measures with the comparable financial measures calculated in accordance with GAAP are contained at the