Financial Snapshot

Revenue
$3.371B
TTM
Gross Margin
73.02%
TTM
Net Earnings
$925.3M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
87.7%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$5.527B
Q3 2024
Book Value
$5.096B
Q3 2024
Cash
Q3 2024
P/E
7.819
Nov 13, 2024 EST
Free Cash Flow
$733.6M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $2.807B $3.058B $1.663B $862.1M $983.7M $899.6M $544.3M $264.4M $318.0M $432.2M $260.9M $165.2M $79.24M $42.50M $24.30M $32.90M $14.00M
YoY Change -8.22% 83.89% 92.89% -12.36% 9.35% 65.28% 105.84% -16.86% -26.42% 65.68% 57.97% 108.41% 86.46% 74.9% -26.14% 135.0% -4.76%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $2.807B $3.058B $1.663B $862.1M $983.7M $899.6M $544.3M $264.4M $318.0M $432.2M $260.9M $165.2M $79.24M $42.50M $24.30M $32.90M $14.00M
Cost Of Revenue $128.9M $95.52M $403.9M $246.6M $315.8M $200.3M $138.6M $104.6M $93.80M $84.50M $59.70M $39.90M $13.50M $7.300M $5.800M $6.300M $3.900M
Gross Profit $2.678B $2.963B $1.259B $615.5M $667.9M $699.3M $405.6M $159.8M $224.2M $346.5M $201.2M $125.3M $65.70M $35.20M $18.50M $26.60M $10.10M
Gross Profit Margin 95.41% 96.88% 75.71% 71.39% 67.9% 77.73% 74.52% 60.43% 70.5% 80.16% 77.12% 75.87% 82.91% 82.82% 76.13% 80.85% 72.14%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Selling, General & Admin $169.2M $154.3M $123.1M $94.20M $80.10M $69.30M $66.00M $55.10M $50.10M $32.20M $20.80M $14.50M $13.40M $9.700M $7.100M $8.300M $5.200M
YoY Change 9.68% 25.33% 30.68% 17.6% 15.58% 5.0% 19.78% 9.98% 55.59% 54.81% 43.45% 8.21% 38.14% 36.62% -14.46% 59.62% -3.7%
% of Gross Profit 6.32% 5.21% 9.78% 15.3% 11.99% 9.91% 16.27% 34.48% 22.35% 9.29% 10.34% 11.57% 20.4% 27.56% 38.38% 31.2% 51.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $716.7M $466.3M $344.9M $361.8M $350.5M $265.1M $177.5M $122.0M $178.8M $134.7M $98.40M $80.45M $31.75M $15.60M $10.70M $12.10M $7.900M
YoY Change 53.68% 35.21% -4.68% 3.22% 32.21% 49.37% 45.44% -31.76% 32.74% 36.93% 22.3% 153.37% 103.55% 45.79% -11.57% 53.16% -28.18%
% of Gross Profit 26.76% 15.74% 27.39% 58.79% 52.48% 37.92% 43.76% 76.38% 79.77% 38.89% 48.9% 64.21% 48.33% 44.32% 57.84% 45.49% 78.22%
Operating Expenses $889.8M $618.4M $466.0M $452.3M $432.4M $336.1M $244.8M $178.4M $229.7M $167.4M $119.5M $95.20M $45.40M $25.40M $18.00M $20.50M $13.10M
YoY Change 43.89% 32.71% 3.03% 4.6% 28.65% 37.3% 37.22% -22.33% 37.22% 40.08% 25.53% 109.69% 78.74% 41.11% -12.2% 56.49% -20.12%
Operating Profit $1.209B $1.759B $793.1M -$521.5M $235.5M $363.3M $160.8M -$177.2M -$806.7M $180.3M $60.45M -$33.43M -$15.31M $9.800M $500.0K $6.100M -$3.000M
YoY Change -31.26% 121.83% -252.08% -321.46% -35.18% 125.86% -190.78% -78.04% -547.32% 198.34% -280.82% 118.37% -256.2% 1860.0% -91.8% -303.33% -47.37%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Interest Expense $121.5M $67.16M $74.69M $76.69M $73.87M $41.33M $34.57M $28.20M $21.75M $5.334M $5.687M $1.002M $683.0K $0.00 $0.00 $0.00 $0.00
YoY Change 80.93% -10.07% -2.61% 3.82% 78.75% 19.56% 22.58% 29.63% 307.84% -6.21% 467.56% 46.71%
% of Operating Profit 10.05% 3.82% 9.42% 31.37% 11.38% 21.49% 2.96% 9.41% 0.0% 0.0% 0.0%
Other Income/Expense, Net -$112.9M -$73.60M -$77.73M -$77.66M -$76.97M -$71.20M -$30.99M $79.07M -$20.23M -$5.202M -$5.654M -$1.263M -$522.0K $400.0K $800.0K $3.000M $2.700M
YoY Change 53.46% -5.32% 0.09% 0.9% 8.1% 129.74% -139.19% -490.87% 288.89% -7.99% 347.66% 141.95% -230.5% -50.0% -73.33% 11.11% 28.57%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Pretax Income $1.096B $1.686B $715.3M -$599.2M $158.5M $292.1M $129.9M -$98.09M -$826.9M $175.1M $54.79M -$34.69M -$15.83M $9.900M -$24.40M $123.9M -$300.0K
YoY Change -34.96% 135.64% -219.39% -477.98% -45.73% 124.93% -232.37% -88.14% -572.16% 219.63% -257.94% 119.15% -259.9% -140.57% -119.69% -41400.0% -99.5%
Income Tax $186.0M $399.4M $74.71M -$45.60M $35.53M -$7.691M -$8.157M -$1.036M -$147.4M $64.38M $9.697M -$1.430M -$5.521M $3.500M -$9.900M $20.00M $0.00
% Of Pretax Income 16.97% 23.69% 10.44% 22.42% -2.63% -6.28% 36.76% 17.7% 35.35% 16.14%
Net Earnings $846.1M $1.214B $585.0M -$593.2M $87.78M $274.2M $125.9M -$97.42M -$679.5M $110.8M $45.09M -$33.26M -$10.31M $6.400M -$14.40M $103.9M -$300.0K
YoY Change -30.32% 107.57% -198.61% -775.81% -67.99% 117.85% -229.2% -85.66% -713.54% 145.61% -235.58% 222.64% -261.08% -144.44% -113.86% -34733.33% -99.5%
Net Earnings / Revenue 30.14% 39.71% 35.18% -68.81% 8.92% 30.48% 23.13% -36.84% -213.66% 25.62% 17.28% -20.14% -13.01% 15.06% -59.26% 315.81% -2.14%
Basic Earnings Per Share $7.10 $10.28 $5.00 -$5.11 $0.75 $2.41 $1.23 -$1.07 -$8.34 $1.58 $0.77
Diluted Earnings Per Share $7.05 $10.11 $4.91 -$5.11 $0.75 $2.41 $1.23 -$1.07 -$8.34 $1.56 $0.77 -$616.7K -$188.3K $117.0K -$263.3K $1.899M -$5.484K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Cash & Short-Term Investments $52.66M $505.2M $48.14M $57.90M $40.00M $64.50M $96.50M $212.9M $16.70M $8.400M $6.300M $2.300M $11.60M $23.40M $119.9M
YoY Change -89.58% 949.5% -16.87% 44.75% -37.98% -33.16% -54.67% 1174.85% 98.81% 33.33% 173.91% -80.17% -50.43% -80.48%
Cash & Equivalents $10.30M $21.10M $104.2M
Short-Term Investments $200.0K $1.300M $2.300M $15.70M
Other Short-Term Assets $148.4M $97.65M $69.57M $56.00M $38.30M $77.50M $13.50M $4.600M $63.80M $57.80M $4.200M $5.500M $10.20M $5.900M $2.300M
YoY Change 52.02% 40.37% 24.23% 46.21% -50.58% 474.07% 193.48% -92.79% 10.38% 1276.19% -23.64% -46.08% 72.88% 156.52%
Inventory $41.81M $15.18M $12.19M $10.60M $10.70M $17.60M $6.000M $3.000M $2.000M $1.200M $800.0K $900.0K $1.300M $1.400M $1.800M
Prepaid Expenses
Receivables $437.9M $405.8M $212.6M $119.9M $162.8M $130.0M $133.2M $53.50M $33.60M $35.90M $30.60M $28.50M $11.70M $8.600M $8.000M
Other Receivables $35.10M $48.01M $28.81M $17.20M $26.60M $16.20M $8.000M $5.200M $10.80M $9.100M $1.100M $1.000M $1.500M $3.000M $3.300M
Total Short-Term Assets $715.9M $1.072B $371.3M $261.6M $278.5M $305.7M $257.2M $279.2M $127.0M $112.4M $42.90M $38.20M $36.30M $42.40M $135.3M
YoY Change -33.21% 188.67% 41.94% -6.07% -8.9% 18.86% -7.88% 119.84% 12.99% 162.0% 12.3% 5.23% -14.39% -68.66%
Property, Plant & Equipment $6.956B $4.418B $3.857B $3.419B $3.785B $3.123B $1.882B $1.185B $1.012B $1.322B $845.9M $591.1M $399.9M $303.9M $142.1M
YoY Change 57.45% 14.56% 12.79% -9.67% 21.21% 65.98% 58.84% 17.0% -23.42% 56.3% 43.11% 47.81% 31.59% 113.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $54.68M $64.48M $34.16M $6.400M $5.900M $27.00M $7.100M $1.000M $1.400M $0.00 $1.600M $2.700M $3.300M $100.0K
YoY Change -15.19% 88.73% 433.8% 8.47% -78.15% 280.28% 610.0% -28.57% -100.0% -40.74% -18.18% 3200.0%
Total Long-Term Assets $7.011B $4.483B $3.891B $3.426B $3.791B $3.150B $1.888B $1.186B $1.014B $1.322B $847.4M $593.8M $403.2M $304.0M $142.1M
YoY Change 56.4% 15.21% 13.58% -9.64% 20.36% 66.79% 59.3% 16.92% -23.31% 56.02% 42.71% 47.27% 32.63% 113.93%
Total Assets $7.727B $5.555B $4.262B $3.687B $4.070B $3.456B $2.146B $1.465B $1.141B $1.435B $890.3M $632.0M $439.5M $346.4M $277.4M
YoY Change
Accounts Payable $88.14M $111.2M $44.33M $18.20M $40.10M $77.90M $14.50M $6.400M $11.70M $17.50M $25.40M $29.60M $18.80M $12.90M $2.500M
YoY Change -20.74% 150.86% 143.57% -54.61% -48.52% 437.24% 126.56% -45.3% -33.14% -31.1% -14.19% 57.45% 45.74% 416.0%
Accrued Expenses $402.8M $305.2M $272.9M $154.9M $250.9M $170.9M $174.3M $101.5M $92.40M $107.4M $64.00M $59.20M $25.40M $14.80M $5.200M
YoY Change 31.96% 11.83% 76.2% -38.26% 46.81% -1.95% 71.72% 9.85% -13.97% 67.81% 8.11% 133.07% 71.62% 184.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $25.00M $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $1.254M $685.0K $378.0K $600.0K $800.0K $0.00
YoY Change 83.07% 81.22% -37.0% -25.0%
Total Short-Term Liabilities $685.3M $575.9M $464.8M $290.9M $399.8M $330.0M $282.6M $169.5M $136.8M $142.0M $100.3M $96.50M $74.60M $30.20M $8.900M
YoY Change 19.0% 23.89% 59.79% -27.24% 21.15% 16.77% 66.73% 23.9% -3.66% 41.58% 3.94% 29.36% 147.02% 239.33%
Long-Term Debt $2.207B $1.161B $1.528B $1.815B $1.583B $1.298B $574.1M $573.9M $391.3M $338.2M $200.0M $150.0M $88.00M $25.00M $0.00
YoY Change 90.16% -24.01% -15.85% 14.68% 21.97% 126.06% 0.03% 46.66% 15.7% 69.1% 33.33% 70.45% 252.0%
Other Long-Term Liabilities $125.1M $72.32M $64.36M $68.10M $80.20M $34.80M $31.50M $29.80M $123.8M $14.20M $10.20M $6.400M $5.400M $3.800M $2.600M
YoY Change 72.99% 12.35% -5.48% -15.09% 130.46% 10.48% 5.7% -75.93% 771.83% 39.22% 59.38% 18.52% 42.11% 46.15%
Total Long-Term Liabilities $2.333B $1.233B $1.592B $1.883B $1.663B $1.333B $605.6M $603.7M $515.1M $352.4M $210.2M $156.4M $93.40M $28.80M $2.600M
YoY Change 89.15% -22.54% -15.47% 13.25% 24.8% 120.05% 0.31% 17.2% 46.17% 67.65% 34.4% 67.45% 224.31% 1007.69%
Total Liabilities $3.816B $2.444B $2.355B $2.401B $2.236B $1.767B $989.1M $774.5M $652.9M $568.1M $321.4M $252.9M $168.0M $64.50M $13.10M
YoY Change 56.16% 3.77% -1.91% 7.37% 26.57% 78.61% 27.71% 18.62% 14.93% 76.76% 27.09% 50.54% 160.47% 392.37%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $7.2356 Billion

About Matador Resources Co

Matador Resources Co. is a holding company, which engages in the exploration, development, production, and acquisition of oil and natural gas resources. The company is headquartered in Dallas, Texas and currently employs 395 full-time employees. The company went IPO on 2012-02-02. The firm is engaged in in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The company operates through two segments: exploration and production and midstream. The exploration and production segment are engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States and is focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. The midstream segment conducts midstream operations in support of the Company’s exploration, development and production operations and provides natural gas processing, oil transportation services, oil, natural gas and produced water gathering services and produced water disposal services to third parties.

Industry: Crude Petroleum & Natural Gas Peers: Ovintiv Inc. Antero Resources Corp APA Corp (US) Civitas Resources Inc Conocophillips Range Resources Corp Murphy Oil Corp PDC ENERGY, INC. Chord Energy Corp SOUTHWESTERN ENERGY CO