Below are the financial statements of Matador Resources, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 | 2022 |
---|---|---|---|
Revenues | — | — | — |
Oil and natural gas revenues | 3,143.83a | 2,545.6a | 2,905.74a |
Third-party midstream services revenues | 141.03a | 122.15a | 90.61a |
Sales of purchased natural gas | 194.1a | 149.87a | 200.36a |
Realized gain (loss) on derivatives | 12.72a | -9.58a | -157.48a |
Unrealized gain (loss) on derivatives | 13.3a | -1.26a | 18.81a |
Total revenues | 3,504.98a | 2,806.79a | 3,058.03a |
Expenses | — | — | — |
Production taxes, transportation and processing | -306.75a | -264.49a | -282.19a |
Lease operating | -341.54a | -243.66a | -157.11a |
Plant and other midstream services operating | -171.49a | -128.91a | -95.52a |
Purchased natural gas | -142.72a | -129.4a | -178.94a |
Depletion, depreciation and amortization | -974.3a | -716.69a | -466.35a |
Accretion of asset retirement obligations | -6.03a | -3.94a | -2.42a |
General and administrative | -127.45a | -110.37a | -116.23a |
Total expenses | -2,070.28a | -1,597.46a | -1,298.76a |
Operating income | 1,434.7a | 1,209.32a | 1,759.27a |
Other income (expense) | — | — | — |
Net loss on asset sales and impairment | 0a | -0.2a | -1.31a |
Interest expense | -171.69a | -121.52a | -67.16a |
Other income (expense) | 0.7a | 8.79a | -5.12a |
Total other expense | -170.99a | -112.94a | -73.6a |
Income before income taxes | 1,263.71a | 1,096.39a | 1,685.67a |
Income tax provision (benefit) | — | — | — |
Current | -27.06a | -13.92a | -54.88a |
Deferred | -265.31a | -172.1a | -344.48a |
Total income tax provision | -292.36a | -186.03a | -399.36a |
Net income | 971.34a | 910.36a | 1,286.32a |
Net income attributable to non-controlling interest in subsidiaries | -86.02a | -64.29a | -72.11a |
Net income attributable to Matador Resources Company shareholders | 885.32a | 846.07a | 1,214.21a |
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