In 2024, Matador Resources completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources).
However, Matador Resources has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,368,227a | 1,051,432a | 973,869a | |
Total Scope 2 | ||||
Market-Based | N/A | N/A | N/A | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 393.2864a | 373.163a | 304.6483a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Matador Resources amounted to 1,368,227 metric tons of CO2 equivalent. This figure reflects direct emissions from owned or controlled sources (Scope 1).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Matador Resources increased by 30.13%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Matador Resources were 1,368,227 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Matador Resources's Scope 1 emissions have increased by 45.43%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Matador Resources's Scope 1 emissions increased by 30.13%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Matador Resources reported Scope 1 greenhouse gas (GHG) emissions of 1,368,227 tCO₂e and total revenues of USD 3,479 millions. This translates into an emissions intensity of 393.29 tCO₂e per millions USD.a
In 2024, Matador Resources reported a Scope 1 emissions intensity of 393.29 tCO₂e per millions USD. Compared to the peer group median of 329.63, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Matador Resources ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Matador Resources is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a