2012 Q4 Form 10-K Financial Statement

#000152000614000017 Filed on March 17, 2014

View on sec.gov

Income Statement

Concept 2012 Q4 2012 2011 Q4
Revenue $51.90M $165.2M $21.50M
YoY Change 141.4% 108.41% 152.94%
Cost Of Revenue $14.70M $39.90M $3.100M
YoY Change 374.19% 195.56% 40.91%
Gross Profit $37.20M $125.3M $18.40M
YoY Change 102.17% 90.72% 192.06%
Gross Profit Margin 71.68% 75.87% 85.58%
Selling, General & Admin $3.200M $14.50M $4.000M
YoY Change -20.0% 8.21% 37.93%
% of Gross Profit 8.6% 11.57% 21.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $27.70M $80.45M $9.200M
YoY Change 201.09% 153.37% 95.74%
% of Gross Profit 74.46% 64.21% 50.0%
Operating Expenses $31.00M $95.20M $13.20M
YoY Change 134.85% 109.69% 71.43%
Operating Profit $6.200M -$33.43M $5.200M
YoY Change 19.23% 118.37% -471.43%
Interest Expense -$500.0K $1.002M -$200.0K
YoY Change 150.0% 46.71%
% of Operating Profit -8.06% -3.85%
Other Income/Expense, Net $100.0K -$1.263M $100.0K
YoY Change 0.0% 141.95% 0.0%
Pretax Income -$21.40M -$34.69M $4.800M
YoY Change -545.83% 119.15% -420.0%
Income Tax -$200.0K -$1.430M $1.400M
% Of Pretax Income 29.17%
Net Earnings -$21.20M -$33.26M $3.400M
YoY Change -723.53% 222.64% -440.0%
Net Earnings / Revenue -40.85% -20.14% 15.81%
Basic Earnings Per Share
Diluted Earnings Per Share -$383.4K -$616.7K $62.16K
COMMON SHARES
Basic Shares Outstanding 53.96M shares
Diluted Shares Outstanding 53.96M shares

Balance Sheet

Concept 2012 Q4 2012 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.300M $2.300M $11.60M
YoY Change -80.17% -80.17% -50.43%
Cash & Equivalents $2.095M $10.28M
Short-Term Investments $200.0K $200.0K $1.300M
Other Short-Term Assets $5.500M $5.500M $10.20M
YoY Change -46.08% -46.08% 72.88%
Inventory $0.00 $900.0K $1.300M
Prepaid Expenses $1.103M
Receivables $24.42M $28.50M $11.70M
Other Receivables $974.0K $1.000M $1.500M
Total Short-Term Assets $38.20M $38.20M $36.30M
YoY Change 5.23% 5.23% -14.39%
LONG-TERM ASSETS
Property, Plant & Equipment $591.1M $591.1M $399.9M
YoY Change 47.81% 47.81% 31.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.560M $2.700M $3.300M
YoY Change -52.73% -18.18% 3200.0%
Total Long-Term Assets $593.8M $593.8M $403.2M
YoY Change 47.28% 47.27% 32.63%
TOTAL ASSETS
Total Short-Term Assets $38.20M $38.20M $36.30M
Total Long-Term Assets $593.8M $593.8M $403.2M
Total Assets $632.0M $632.0M $439.5M
YoY Change 43.81% 43.8% 26.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.12M $29.60M $18.80M
YoY Change 49.57% 57.45% 45.74%
Accrued Expenses $59.18M $59.20M $25.40M
YoY Change 132.99% 133.07% 71.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $25.00M
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $96.49M $96.50M $74.60M
YoY Change 29.35% 29.36% 147.02%
LONG-TERM LIABILITIES
Long-Term Debt $150.0M $150.0M $88.00M
YoY Change 70.45% 70.45% 252.0%
Other Long-Term Liabilities $1.324M $6.400M $5.400M
YoY Change -75.48% 18.52% 42.11%
Total Long-Term Liabilities $156.4M $156.4M $93.40M
YoY Change 67.49% 67.45% 224.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $96.49M $96.50M $74.60M
Total Long-Term Liabilities $156.4M $156.4M $93.40M
Total Liabilities $252.9M $252.9M $168.0M
YoY Change 50.55% 50.54% 160.47%
SHAREHOLDERS EQUITY
Retained Earnings -$15.01M
YoY Change
Common Stock $568.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $10.77M
YoY Change
Treasury Stock Shares 1.306M shares 1.201M shares
Shareholders Equity $379.1M $379.1M $271.5M
YoY Change
Total Liabilities & Shareholders Equity $632.0M $632.0M $439.5M
YoY Change 43.81% 43.8% 26.88%

Cashflow Statement

Concept 2012 Q4 2012 2011 Q4
OPERATING ACTIVITIES
Net Income -$21.20M -$33.26M $3.400M
YoY Change -723.53% 222.64% -440.0%
Depreciation, Depletion And Amortization $27.70M $80.45M $9.200M
YoY Change 201.09% 153.37% 95.74%
Cash From Operating Activities $43.90M $124.2M $27.50M
YoY Change 59.64% 100.8% 366.1%
INVESTING ACTIVITIES
Capital Expenditures -$90.00M -$308.0M -$53.10M
YoY Change 69.49% 91.19% -27.95%
Acquisitions
YoY Change
Other Investing Activities $0.00 $1.100M $700.0K
YoY Change -100.0% 10.0% -86.27%
Cash From Investing Activities -$90.00M -$306.9M -$52.30M
YoY Change 72.08% 91.72% -23.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $146.5M
YoY Change 24648.31%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 44.00M $174.5M 27.40M
YoY Change 60.58% 99.56% -39.38%
NET CHANGE
Cash From Operating Activities 43.90M $124.2M 27.50M
Cash From Investing Activities -90.00M -$306.9M -52.30M
Cash From Financing Activities 44.00M $174.5M 27.40M
Net Change In Cash -2.100M -$8.189M 2.600M
YoY Change -180.77% -24.01% -114.86%
FREE CASH FLOW
Cash From Operating Activities $43.90M $124.2M $27.50M
Capital Expenditures -$90.00M -$308.0M -$53.10M
Free Cash Flow $133.9M $432.2M $80.60M
YoY Change 66.13% 93.85% 1.26%

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CY2011 us-gaap Distributed Earnings
DistributedEarnings
275000 USD
CY2013 us-gaap Distributed Earnings
DistributedEarnings
0 USD
CY2011 us-gaap Dividends Common Stock
DividendsCommonStock
275000 USD
CY2012 us-gaap Dividends Common Stock
DividendsCommonStock
28000 USD
CY2011 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
274853 USD
CY2012 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
27643 USD
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.177
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
CY2013 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y10M24D
CY2013Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
4100000 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1100000 USD
CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
900000 USD
CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
300000 USD
CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
0 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
0 USD
CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
0 USD
CY2013Q4 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
1.0
CY2013Q4 us-gaap Exploration Costs Cumulative
ExplorationCostsCumulative
12901000 USD
CY2013 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-909000 USD
CY2012 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
13960000 USD
CY2011 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
7106000 USD
CY2012 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-60000 USD
CY2011 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
113757 USD
CY2012 us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
300000 USD
CY2013 us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
5300000 USD
CY2011 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13394000 USD
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20779000 USD
CY2012 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14543000 USD
CY2013 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
21229000 USD
CY2011 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
35673000 USD
CY2012 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
63475000 USD
CY2011Q1 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
35700000 USD
CY2012Q4 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
26700000 USD
CY2013Q1 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
21200000 USD
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
3600000 USD
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
33200000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-15830000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
54791000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-34691000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9697000 USD
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5521000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1430000 USD
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-8885000 USD
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 USD
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
10260000 USD
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-5319000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-11767000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
19177000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-122000 USD
CY2011 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
48000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
0 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
0 USD
CY2011 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
231000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
0 USD
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16342000 USD
CY2011 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1523000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2160000 USD
us-gaap Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
11900000 USD
CY2013Q1 us-gaap Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
7500000 USD
us-gaap Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
1300000 USD
CY2011Q1 us-gaap Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
12700000 USD
CY2012 us-gaap Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
9400000 USD
CY2012 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
0 USD
CY2011 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
0 USD
CY2013 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
404000 USD
CY2013 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-3638000 USD
CY2012 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
19740000 USD
CY2011 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
13497000 USD
CY2012 us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
282000 USD
CY2013 us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
415000 USD
CY2011 us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
613000 USD
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
673000 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
548000 USD
CY2011 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
814000 USD
CY2012 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-50000 USD
CY2013 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
668000 USD
CY2011 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-650000 USD
CY2011 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
873000 USD
CY2013 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
1257000 USD
CY2012 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
4685000 USD
CY2011 us-gaap Interest And Other Income
InterestAndOtherIncome
315000 USD
CY2013 us-gaap Interest And Other Income
InterestAndOtherIncome
225000 USD
CY2012 us-gaap Interest And Other Income
InterestAndOtherIncome
224000 USD
CY2013 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1900000 USD
CY2012 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1600000 USD
CY2011 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1300000 USD
CY2011 us-gaap Interest Expense
InterestExpense
683000 USD
CY2012 us-gaap Interest Expense
InterestExpense
1002000 USD
CY2013 us-gaap Interest Expense
InterestExpense
5687000 USD
CY2013 us-gaap Interest Paid Net
InterestPaidNet
5801000 USD
CY2012 us-gaap Interest Paid Net
InterestPaidNet
780000 USD
CY2011 us-gaap Interest Paid Net
InterestPaidNet
634000 USD
CY2012Q4 us-gaap Inventory Net
InventoryNet
0 USD
CY2012 us-gaap Lease Operating Expense
LeaseOperatingExpense
28184000 USD
CY2011 us-gaap Lease Operating Expense
LeaseOperatingExpense
7244000 USD
CY2013 us-gaap Lease Operating Expense
LeaseOperatingExpense
38720000 USD
CY2013Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
300000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
632029000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
890330000 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
96492000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
100327000 USD
CY2012Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
156433000 USD
CY2013Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
221079000 USD
CY2013 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2016-12-29
CY2013Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.033
CY2013Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
200000000 USD
CY2012Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
150000000 USD
CY2013 us-gaap Loss Contingency Lawsuit Filing Date
LossContingencyLawsuitFilingDate
May 15, 2008
CY2013 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NATURE OF OPERATIONS</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Matador Resources Company (&#8220;Matador&#8221; and, collectively with its subsidiaries, the &#8220;Company&#8221;) is an independent energy company engaged 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. Matador&#8217;s current operations are focused primarily on the oil and liquids-rich portion of the Eagle Ford shale play in South Texas and the Wolfcamp and Bone Spring plays in the Permian Basin in Southeast New Mexico and West Texas. The Company also operates in the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas. In addition, Matador has a large exploratory leasehold position in Southwest Wyoming and adjacent areas in Utah and Idaho where the Company is testing the Meade Peak shale.</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On November&#160;22, 2010, the company formerly known as Matador Resources Company, a Texas corporation founded on July&#160;3, 2003, formed a wholly-owned subsidiary, Matador Holdco, Inc. Pursuant to the terms of a corporate reorganization that was completed on August&#160;9, 2011 and in connection with its initial public offering, the former Matador Resources Company became a wholly-owned subsidiary of Matador Holdco, Inc. and changed its corporate name to MRC Energy Company, and Matador Holdco, Inc. changed its corporate name to Matador Resources Company.</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">MRC Energy Company holds the primary assets of the Company and has </font><font style="font-family:inherit;font-size:10pt;">four</font><font style="font-family:inherit;font-size:10pt;"> wholly-owned subsidiaries: Matador Production Company, MRC Permian Company, MRC Rockies Company and Longwood Gathering and Disposal Systems GP, Inc. Matador Production Company serves as the oil and natural gas operating entity. MRC Permian Company conducts oil and natural gas exploration and development activities in Southeast New Mexico and West Texas. MRC Rockies Company conducts oil and natural gas exploration and development activities in the Rocky Mountains and specifically in the states of Wyoming, Utah and Idaho. Longwood Gathering and Disposal Systems GP, Inc. serves as the general partner of Longwood Gathering and Disposal Systems, LP, which owns a majority of the pipeline systems and salt water disposal wells used in the Company&#8217;s operations, transports limited quantities of third-party natural gas and disposes of limited quantities of third-party salt water.</font></div></div>
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
191661000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
87444000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
174499000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-306916000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-160088000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-366939000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
124228000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
179470000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
61868000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
-33261000 USD
CY2011 us-gaap Net Income Loss
NetIncomeLoss
-10309000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
45094000 USD
CY2013 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2013Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
4785000 USD
CY2012Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
4118000 USD
CY2013Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
463091000 USD
CY2012Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
344609000 USD
CY2013Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
1090656000 USD
CY2012Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
763527000 USD
CY2013Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
821871000 USD
CY2012Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
568593000 USD
CY2013 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
269030000 USD
CY2011 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
67000000 USD
CY2012 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
155998000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
-33428000 USD
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
-15308000 USD
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
60445000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
7589000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
812000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
893000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
872000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
852000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
831000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
3329000 USD
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
800000 USD
CY2012 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
600000 USD
CY2011 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
500000 USD
CY2012Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2410000 USD
CY2013Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3586000 USD
CY2013Q4 us-gaap Other Assets
OtherAssets
2281000 USD
CY2012Q4 us-gaap Other Assets
OtherAssets
2742000 USD
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1560000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2108000 USD
CY2013Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
88000 USD
CY2012Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
56000 USD
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1324000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2588000 USD
CY2012 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1263000 USD
CY2011 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-522000 USD
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5654000 USD
CY2013Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1066000 USD
CY2012Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
974000 USD
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
96000 USD
CY2011 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
275000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 USD
CY2012 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
11599000 USD
CY2013 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
7390000 USD
CY2011 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1710000 USD
CY2011 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
4671000 USD
CY2013 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
3977000 USD
CY2012 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
7332000 USD
CY2012 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
300689000 USD
CY2011 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
156431000 USD
CY2013 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
363192000 USD
CY2013Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1771000 USD
CY2012Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1103000 USD
CY2013 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Reclassifications</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to the prior years&#8217; financial statements to conform to the current year presentation. These reclassifications had no effect on previously reported results of operations, cash flows or retained earnings.</font></div></div>
CY2011 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
592000 USD
CY2013 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
149069000 USD
CY2012 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
146510000 USD
CY2013Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
141700000 USD
CY2012 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
160000000 USD
CY2013 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
180000000 USD
CY2011 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
191000000 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2660000 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2011 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
837000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
845877000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
591090000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net Excluding Capital Leased Assets
PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets
24006000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net Excluding Capital Leased Assets
PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets
22497000 USD
CY2013Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
29910000 USD
CY2012Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
27258000 USD
CY2011 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
103000000 USD
CY2012 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
123000000 USD
CY2013 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
130000000 USD
CY2012Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
123000000 USD
CY2013Q3 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
130000000 USD
CY2012 us-gaap Restricted Stock Expense
RestrictedStockExpense
758000 USD
CY2013 us-gaap Restricted Stock Expense
RestrictedStockExpense
1618000 USD
CY2013 us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
1363000 USD
CY2012 us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
1195000 USD
CY2011 us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
488000 USD
CY2013 us-gaap Results Of Operations Expense From Oil And Gas Producing Activities
ResultsOfOperationsExpenseFromOilAndGasProducingActivities
7548000 USD
CY2012 us-gaap Results Of Operations Expense From Oil And Gas Producing Activities
ResultsOfOperationsExpenseFromOilAndGasProducingActivities
24847000 USD
CY2011 us-gaap Results Of Operations Expense From Oil And Gas Producing Activities
ResultsOfOperationsExpenseFromOilAndGasProducingActivities
1864000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-15010000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
30084000 USD
CY2013 us-gaap Revenues
Revenues
260889000 USD
CY2012 us-gaap Revenues
Revenues
165156000 USD
CY2011 us-gaap Revenues
Revenues
79244000 USD
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
2406000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
140000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
3897000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
21876 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
105126 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
4000000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
18.64
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
200000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
36000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
900000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
449000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
59000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
9.86
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
874000 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.95
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.91
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
13300000 USD
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1067000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1428000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.32
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.19
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
1100000 USD
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.77
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
10.30
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
8.78
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
900000 USD
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y11M19D
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1000000 USD
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
300000 USD
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
300000 USD
CY2013Q3 us-gaap Stock Issued During Period Shares Issued For Cash
StockIssuedDuringPeriodSharesIssuedForCash
9775000 shares
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5000 shares
CY2012Q1 us-gaap Stock Issued During Period Shares Treasury Stock Reissued
StockIssuedDuringPeriodSharesTreasuryStockReissued
12209167 shares
CY2011 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
592000 USD
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
146510000 USD
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
149069000 USD
CY2013 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
22000 USD
CY2012 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
29000 USD
CY2013 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2011 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
44000 USD
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
162000 USD
CY2012 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
216000 USD
CY2011 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1023000 USD
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3544000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
379104000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
568924000 USD
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
281877000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
271515000 USD
CY2013Q4 mtdr Accumulated Depreciation And Amortization Of Other Property And Equipment
AccumulatedDepreciationAndAmortizationOfOtherPropertyAndEquipment
5904000 USD
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1201051 shares
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1306177 shares
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
10765000 USD
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
10765000 USD
us-gaap Unamortized Costs Capitalized Less Related Deferred Income Taxes Exceed Ceiling Limitation Expense
UnamortizedCostsCapitalizedLessRelatedDeferredIncomeTaxesExceedCeilingLimitationExpense
21300000 USD
CY2011Q1 us-gaap Unamortized Costs Capitalized Less Related Deferred Income Taxes Exceed Ceiling Limitation Expense
UnamortizedCostsCapitalizedLessRelatedDeferredIncomeTaxesExceedCeilingLimitationExpense
23000000 USD
us-gaap Unamortized Costs Capitalized Less Related Deferred Income Taxes Exceed Ceiling Limitation Expense
UnamortizedCostsCapitalizedLessRelatedDeferredIncomeTaxesExceedCeilingLimitationExpense
2300000 USD
CY2012 us-gaap Unamortized Costs Capitalized Less Related Deferred Income Taxes Exceed Ceiling Limitation Expense
UnamortizedCostsCapitalizedLessRelatedDeferredIncomeTaxesExceedCeilingLimitationExpense
17300000 USD
CY2013Q1 us-gaap Unamortized Costs Capitalized Less Related Deferred Income Taxes Exceed Ceiling Limitation Expense
UnamortizedCostsCapitalizedLessRelatedDeferredIncomeTaxesExceedCeilingLimitationExpense
13700000 USD
CY2011 us-gaap Undistributed Earnings
UndistributedEarnings
-10584000 USD
CY2012 us-gaap Undistributed Earnings
UndistributedEarnings
-33289000 USD
CY2013 us-gaap Undistributed Earnings
UndistributedEarnings
45094000 USD
CY2012 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-4802000 USD
CY2011 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
5138000 USD
CY2013 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-7232000 USD
CY2013Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
4731000 USD
CY2013Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
1195000 USD
CY2013Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
2992000 USD
CY2013Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
1800000 USD
CY2013Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
10718000 USD
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These estimates and assumptions may also affect disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. While the Company believes its estimates are reasonable, changes in facts and assumptions or the discovery of new information may result in revised estimates. Actual results could differ from these estimates.</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s consolidated financial statements are based on a number of significant estimates, including oil and natural gas revenues, accrued assets and liabilities, stock-based compensation, valuation of derivative instruments, deferred tax assets and liabilities and oil and natural gas reserves. The estimates of oil and natural gas reserves quantities and future net cash flows are the basis for the calculations of depletion and impairment of oil and natural gas properties, as well as estimates of asset retirement obligations and certain tax accruals. The Company&#8217;s oil and natural gas reserves estimates, which are inherently imprecise and based upon many factors that are beyond the Company&#8217;s control, including oil and natural gas prices, are prepared by the Company&#8217;s engineering staff in accordance with guidelines established by the Securities and Exchange Commission (&#8220;SEC&#8221;) and then audited for their reasonableness and conformance with SEC guidelines by Netherland, Sewell&#160;&amp; Associates, Inc., independent reservoir engineers.</font></div></div>
CY2012 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
7900000 USD
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53957000 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42718000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58929000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58777000 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42718000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53957000 shares
CY2013Q4 us-gaap Wells In Process Of Drilling
WellsInProcessOfDrilling
2 well
CY2012Q4 mtdr Accumulated Depreciation And Amortization Of Other Property And Equipment
AccumulatedDepreciationAndAmortizationOfOtherPropertyAndEquipment
4761000 USD
CY2012Q3 mtdr Acres Reformed By Court
AcresReformedByCourt
169 acre
CY2012 mtdr Adjustments To Additional Paid In Capital Change In Fair Value Of Liability Based Awards
AdjustmentsToAdditionalPaidInCapitalChangeInFairValueOfLiabilityBasedAwards
620000 USD
CY2013Q4 mtdr Advances From Joint Interest Owners For Costs Incurred On Joint Interest Wells
AdvancesFromJointInterestOwnersForCostsIncurredOnJointInterestWells
0 USD
CY2012Q4 mtdr Advances From Joint Interest Owners For Costs Incurred On Joint Interest Wells
AdvancesFromJointInterestOwnersForCostsIncurredOnJointInterestWells
1515000 USD
CY2012Q4 mtdr Aggregate Amount Of Loan Under Loan Program
AggregateAmountOfLoanUnderLoanProgram
200000 USD
CY2013 mtdr Amount Of Remittance On Success Of Legal Disputes
AmountOfRemittanceOnSuccessOfLegalDisputes
8700000 USD
CY2013 mtdr Asset Retirement Obligations Related To Support Equipment And Facilities
AssetRetirementObligationsRelatedToSupportEquipmentAndFacilities
3000 USD
CY2011 mtdr Asset Retirement Obligations Related To Support Equipment And Facilities
AssetRetirementObligationsRelatedToSupportEquipmentAndFacilities
12000 USD
CY2012 mtdr Asset Retirement Obligations Related To Support Equipment And Facilities
AssetRetirementObligationsRelatedToSupportEquipmentAndFacilities
49000 USD
CY2013Q4 mtdr Billing Date
BillingDate
P30D
CY2013Q4 mtdr Capitalized Costs Of Unproved Properties Excluded From Cumulative Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromCumulativeAmortization
2200000 USD
CY2013Q4 mtdr Capitalized Costs Unproved Properties2010and Prior
CapitalizedCostsUnprovedProperties2010andPrior
77355000 USD
CY2012Q4 mtdr Capitalized Costs Unproved Properties2010and Prior
CapitalizedCostsUnprovedProperties2010andPrior
89049000 USD
CY2012Q4 mtdr Capitalized Costs Unproved Properties2011
CapitalizedCostsUnprovedProperties2011
24138000 USD
CY2013Q4 mtdr Capitalized Costs Unproved Properties2011
CapitalizedCostsUnprovedProperties2011
10982000 USD
CY2012Q4 mtdr Capitalized Costs Unproved Properties2012
CapitalizedCostsUnprovedProperties2012
36488000 USD
CY2013Q4 mtdr Capitalized Costs Unproved Properties2012
CapitalizedCostsUnprovedProperties2012
23341000 USD
CY2012Q4 mtdr Capitalized Costs Unproved Properties2013
CapitalizedCostsUnprovedProperties2013
0 USD
CY2013Q4 mtdr Capitalized Costs Unproved Properties2013
CapitalizedCostsUnprovedProperties2013
82628000 USD
CY2011 mtdr Capitalized General And Administrative Costs
CapitalizedGeneralAndAdministrativeCosts
2000000 USD
CY2013 mtdr Capitalized General And Administrative Costs
CapitalizedGeneralAndAdministrativeCosts
3700000 USD
CY2012 mtdr Capitalized General And Administrative Costs
CapitalizedGeneralAndAdministrativeCosts
2600000 USD
CY2011 mtdr Common Stock And Restricted Stock Expense
CommonStockAndRestrictedStockExpense
200000 USD
CY2013 mtdr Common Stock And Restricted Stock Expense
CommonStockAndRestrictedStockExpense
331000 USD
CY2012 mtdr Common Stock And Restricted Stock Expense
CommonStockAndRestrictedStockExpense
100000 USD
CY2013Q2 mtdr Debtand Equity Authorized Amount
DebtandEquityAuthorizedAmount
300000000 USD
CY2013Q4 mtdr Debtand Equity Remaining Authorized Amount
DebtandEquityRemainingAuthorizedAmount
151000000 USD
CY2013 mtdr Decrease Increase In Liabilities For Accrued Cost To Issue Equity
DecreaseIncreaseInLiabilitiesForAccruedCostToIssueEquity
0 USD
CY2012 mtdr Decrease Increase In Liabilities For Accrued Cost To Issue Equity
DecreaseIncreaseInLiabilitiesForAccruedCostToIssueEquity
-332000 USD
CY2011 mtdr Decrease Increase In Liabilities For Accrued Cost To Issue Equity
DecreaseIncreaseInLiabilitiesForAccruedCostToIssueEquity
-27000 USD
CY2012Q4 mtdr Deferred Tax Assets Derivative Noncurrent
DeferredTaxAssetsDerivativeNoncurrent
0 USD
CY2013Q4 mtdr Deferred Tax Assets Derivative Noncurrent
DeferredTaxAssetsDerivativeNoncurrent
28000 USD
CY2012Q4 mtdr Deferred Tax Assets Derivatives Current
DeferredTaxAssetsDerivativesCurrent
0 USD
CY2013Q4 mtdr Deferred Tax Assets Derivatives Current
DeferredTaxAssetsDerivativesCurrent
965000 USD
CY2013Q4 mtdr Deferred Tax Assets Liabilities Netof Valuation Allowance Current
DeferredTaxAssetsLiabilitiesNetofValuationAllowanceCurrent
1636000 USD
CY2012Q4 mtdr Deferred Tax Assets Liabilities Netof Valuation Allowance Current
DeferredTaxAssetsLiabilitiesNetofValuationAllowanceCurrent
-411000 USD
CY2012Q4 mtdr Deferred Tax Assets Liabilities Netof Valuation Allowance Noncurrent
DeferredTaxAssetsLiabilitiesNetofValuationAllowanceNoncurrent
411000 USD
CY2013Q4 mtdr Deferred Tax Assets Liabilities Netof Valuation Allowance Noncurrent
DeferredTaxAssetsLiabilitiesNetofValuationAllowanceNoncurrent
-10929000 USD
CY2012Q4 mtdr Deferred Tax Assets Operating Loss Carryforwards Noncurrent
DeferredTaxAssetsOperatingLossCarryforwardsNoncurrent
44654000 USD
CY2013Q4 mtdr Deferred Tax Assets Operating Loss Carryforwards Noncurrent
DeferredTaxAssetsOperatingLossCarryforwardsNoncurrent
63007000 USD
CY2013Q4 mtdr Deferred Tax Liabilities Derivatives Non Current
DeferredTaxLiabilitiesDerivativesNonCurrent
0 USD
CY2012Q4 mtdr Deferred Tax Liabilities Derivatives Non Current
DeferredTaxLiabilitiesDerivativesNonCurrent
262000 USD
CY2013Q4 mtdr Deferred Tax Liabilities Other Noncurrent
DeferredTaxLiabilitiesOtherNoncurrent
4279000 USD
CY2012Q4 mtdr Deferred Tax Liabilities Other Noncurrent
DeferredTaxLiabilitiesOtherNoncurrent
4220000 USD
CY2013 mtdr Defined Contribution Plan Employer Additional Discretionary Contribution Amount
DefinedContributionPlanEmployerAdditionalDiscretionaryContributionAmount
0 USD
CY2013 mtdr Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
200000 USD
CY2012 mtdr Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
200000 USD
CY2011 mtdr Defined Contribution Plan Employer Matching Contribution Amount
DefinedContributionPlanEmployerMatchingContributionAmount
200000 USD
CY2013Q4 mtdr Derivative Asset Fair Value Subjectto Master Netting Gross Asset Basis
DerivativeAssetFairValueSubjecttoMasterNettingGrossAssetBasis
0 USD
CY2012Q4 mtdr Derivative Asset Fair Value Subjectto Master Netting Gross Asset Basis
DerivativeAssetFairValueSubjecttoMasterNettingGrossAssetBasis
82000 USD
CY2012Q4 mtdr Derivative Liability Fair Value Subjectto Master Netting Gross Liability Basis
DerivativeLiabilityFairValueSubjecttoMasterNettingGrossLiabilityBasis
82000 USD
CY2013Q4 mtdr Derivative Liability Fair Value Subjectto Master Netting Gross Liability Basis
DerivativeLiabilityFairValueSubjecttoMasterNettingGrossLiabilityBasis
0 USD
CY2013 mtdr Discounting Rate Present Value Of Future Revenue From Proved Oil And Gas Reserves
DiscountingRatePresentValueOfFutureRevenueFromProvedOilAndGasReserves
0.1
CY2013 mtdr Effective Base Rent Over Term Of New Lease
EffectiveBaseRentOverTermOfNewLease
20.28 sqft
CY2013 mtdr Effective Income Tax Rate Reconciliation Changein State Deferred Tax Assets Valuation Allowance Amount
EffectiveIncomeTaxRateReconciliationChangeinStateDeferredTaxAssetsValuationAllowanceAmount
-1345000 USD
CY2012 mtdr Effective Income Tax Rate Reconciliation Changein State Deferred Tax Assets Valuation Allowance Amount
EffectiveIncomeTaxRateReconciliationChangeinStateDeferredTaxAssetsValuationAllowanceAmount
0 USD
CY2011 mtdr Effective Income Tax Rate Reconciliation Changein State Deferred Tax Assets Valuation Allowance Amount
EffectiveIncomeTaxRateReconciliationChangeinStateDeferredTaxAssetsValuationAllowanceAmount
0 USD
CY2012Q1 mtdr Entity Listing Date Of Listing
EntityListingDateOfListing
2012-02-01
CY2013 mtdr Federal Funds Effective Plus Rate
FederalFundsEffectivePlusRate
0.005
CY2013 mtdr Income Tax Reconciliation Income Federal Alternative Minimum Tax
IncomeTaxReconciliationIncomeFederalAlternativeMinimumTax
-404000 USD
CY2012 mtdr Income Tax Reconciliation Income Federal Alternative Minimum Tax
IncomeTaxReconciliationIncomeFederalAlternativeMinimumTax
0 USD
CY2011 mtdr Income Tax Reconciliation Income Federal Alternative Minimum Tax
IncomeTaxReconciliationIncomeFederalAlternativeMinimumTax
0 USD
CY2011 mtdr Income Tax Reconciliation Permanent Differences
IncomeTaxReconciliationPermanentDifferences
0 USD
CY2012 mtdr Income Tax Reconciliation Permanent Differences
IncomeTaxReconciliationPermanentDifferences
1018000 USD
CY2013 mtdr Income Tax Reconciliation Permanent Differences
IncomeTaxReconciliationPermanentDifferences
319000 USD
CY2013 mtdr Increase Decrease In Liabilities For Support Equipment And Facilities
IncreaseDecreaseInLiabilitiesForSupportEquipmentAndFacilities
660000 USD
CY2012 mtdr Increase Decrease In Liabilities For Support Equipment And Facilities
IncreaseDecreaseInLiabilitiesForSupportEquipmentAndFacilities
1112000 USD
CY2011 mtdr Increase Decrease In Liabilities For Support Equipment And Facilities
IncreaseDecreaseInLiabilitiesForSupportEquipmentAndFacilities
175000 USD
CY2011 mtdr Increase Decrease In Payments Made In Advance By Joint Interest Partners In Oil And Gas Properties
IncreaseDecreaseInPaymentsMadeInAdvanceByJointInterestPartnersInOilAndGasProperties
723000 USD
CY2013 mtdr Increase Decrease In Payments Made In Advance By Joint Interest Partners In Oil And Gas Properties
IncreaseDecreaseInPaymentsMadeInAdvanceByJointInterestPartnersInOilAndGasProperties
1515000 USD
CY2012 mtdr Increase Decrease In Payments Made In Advance By Joint Interest Partners In Oil And Gas Properties
IncreaseDecreaseInPaymentsMadeInAdvanceByJointInterestPartnersInOilAndGasProperties
-1515000 USD
CY2012Q1 mtdr Initial Public Offering Closure Date
InitialPublicOfferingClosureDate
2012-03-07
CY2012Q1 mtdr Initial Public Offering Closure Date
InitialPublicOfferingClosureDate
2012-02-07
CY2012Q4 mtdr Inventory Drilling Rig Parts Net At Carrying Value
InventoryDrillingRigPartsNetAtCarryingValue
0 USD
CY2013 mtdr Issuance Of Common Stock For Board And Advisor Services
IssuanceOfCommonStockForBoardAndAdvisorServices
57000 USD
CY2011 mtdr Issuance Of Common Stock For Board And Advisor Services
IssuanceOfCommonStockForBoardAndAdvisorServices
230000 USD
CY2012 mtdr Issuance Of Common Stock For Board And Advisor Services
IssuanceOfCommonStockForBoardAndAdvisorServices
71000 USD
CY2013Q3 mtdr Issuance Of Common Stock Under Public Offering To Underwriters By Company
IssuanceOfCommonStockUnderPublicOfferingToUnderwritersByCompany
1275000 shares
CY2011 mtdr Issuance Of Restricted Stock Units For Board And Advisor Services
IssuanceOfRestrictedStockUnitsForBoardAndAdvisorServices
0 USD
CY2012 mtdr Issuance Of Restricted Stock Units For Board And Advisor Services
IssuanceOfRestrictedStockUnitsForBoardAndAdvisorServices
73000 USD
CY2013 mtdr Issuance Of Restricted Stock Units For Board And Advisor Services
IssuanceOfRestrictedStockUnitsForBoardAndAdvisorServices
274000 USD
CY2011 mtdr Lease And Well Equipment Inventories
LeaseAndWellEquipmentInventories
-21000 USD
CY2012 mtdr Lease And Well Equipment Inventories
LeaseAndWellEquipmentInventories
-50000 USD
CY2013 mtdr Lease And Well Equipment Inventories
LeaseAndWellEquipmentInventories
-243000 USD
CY2012Q4 mtdr Lease And Well Equipment Inventory
LeaseAndWellEquipmentInventory
877000 USD
CY2013Q4 mtdr Lease And Well Equipment Inventory
LeaseAndWellEquipmentInventory
785000 USD
CY2013 mtdr Line Of Credit Borrowing Base Frequency Of Valuation
LineOfCreditBorrowingBaseFrequencyOfValuation
semi-annually
CY2013Q2 mtdr Line Of Credit Conforming Borrowing Base
LineOfCreditConformingBorrowingBase
245000000 USD
CY2013Q1 mtdr Line Of Credit Conforming Borrowing Base
LineOfCreditConformingBorrowingBase
220000000 USD
CY2013Q3 mtdr Line Of Credit Conforming Borrowing Base
LineOfCreditConformingBorrowingBase
275000000 USD
CY2013 mtdr Lineof Credit Facility Actual Debtto Ebitda Ratio
LineofCreditFacilityActualDebttoEbitdaRatio
4.0
CY2013 mtdr Lineof Credit Facility Current Ratio
LineofCreditFacilityCurrentRatio
1.0
CY2011Q4 mtdr Loans Granted Prior To Termination Of Loan Program
LoansGrantedPriorToTerminationOfLoanProgram
0 USD
CY2013Q4 mtdr Loss Contingency Area Of Disputed Lease Land
LossContingencyAreaOfDisputedLeaseLand
1805 acre
CY2013Q4 mtdr Loss Contingency Maximum Percentage Of Aggregate Revenue And Overriding Royalty Interests
LossContingencyMaximumPercentageOfAggregateRevenueAndOverridingRoyaltyInterests
0.23
CY2013Q4 mtdr Loss Contingency Maximum Working Interest
LossContingencyMaximumWorkingInterest
0.25
CY2013Q4 mtdr Loss Contingency Minimum Percentage Of Aggregate Revenue And Overriding Royalty Interests
LossContingencyMinimumPercentageOfAggregateRevenueAndOverridingRoyaltyInterests
0.02
CY2013Q4 mtdr Maximum Termination Outstanding Obligations Of Contracts
MaximumTerminationOutstandingObligationsOfContracts
9900000 USD
CY2013 mtdr Minimum Delivery Commitment To Avoid Paying Gas Deficiency Fee
MinimumDeliveryCommitmentToAvoidPayingGasDeficiencyFee
0.8
CY2013Q4 mtdr Minimum Outstanding Aggregate Commitments
MinimumOutstandingAggregateCommitments
5700000 USD
CY2013 mtdr Minimum Percentage Likelihood Of Tax Benefit To Be Realized Upon Final Settlement
MinimumPercentageLikelihoodOfTaxBenefitToBeRealizedUponFinalSettlement
0.50
CY2013 mtdr Natural Gas Processing And Transportation Agreement Initiation Date
NaturalGasProcessingAndTransportationAgreementInitiationDate
2012-09-01
CY2013 mtdr Natural Gas Processing And Transportation Agreement Maturity Period
NaturalGasProcessingAndTransportationAgreementMaturityPeriod
P5Y
CY2011 mtdr Net Loss On Asset Sales And Inventory Impairment
NetLossOnAssetSalesAndInventoryImpairment
154000 USD
CY2012 mtdr Net Loss On Asset Sales And Inventory Impairment
NetLossOnAssetSalesAndInventoryImpairment
485000 USD
CY2013 mtdr Net Loss On Asset Sales And Inventory Impairment
NetLossOnAssetSalesAndInventoryImpairment
192000 USD
CY2012 mtdr Number Of Employees Loans Secured
NumberOfEmployeesLoansSecured
4 Employees
CY2013 mtdr Number Of Purchasers
NumberOfPurchasers
5 Purchasers
CY2012 mtdr Number Of Purchasers
NumberOfPurchasers
3 Purchasers
CY2011 mtdr Number Of Purchasers
NumberOfPurchasers
3 Purchasers
CY2013Q4 mtdr Number Of Wholly Owned Subsidiary
NumberOfWhollyOwnedSubsidiary
4 Subsidiaries
CY2012Q1 mtdr Offering Period To Underwriters
OfferingPeriodToUnderwriters
P30D
CY2012Q4 mtdr Oil And Gas Property Full Cost Method Including Unproved And Unevaluated Gross
OilAndGasPropertyFullCostMethodIncludingUnprovedAndUnevaluatedGross
913202000 USD
CY2013Q4 mtdr Oil And Gas Property Full Cost Method Including Unproved And Unevaluated Gross
OilAndGasPropertyFullCostMethodIncludingUnprovedAndUnevaluatedGross
1284962000 USD
CY2013 mtdr Outstanding Days Of Account Receivable
OutstandingDaysOfAccountReceivable
P60D
CY2013 mtdr Payment For Settlement Of Liability Based Awards
PaymentForSettlementOfLiabilityBasedAwards
0 USD
CY2011 mtdr Payment For Settlement Of Liability Based Awards
PaymentForSettlementOfLiabilityBasedAwards
100000 USD
CY2012 mtdr Payment For Settlement Of Liability Based Awards
PaymentForSettlementOfLiabilityBasedAwards
0 USD
CY2013 mtdr Percentage Of Reserves Required To Maintain
PercentageOfReservesRequiredToMaintain
1.00
CY2013 mtdr Percentageof Costs Assumed
PercentageofCostsAssumed
1
CY2013Q3 mtdr Proceeds From Public Offering Usedto Fund Working Capital
ProceedsFromPublicOfferingUsedtoFundWorkingCapital
11700000 USD
CY2011 mtdr Production Taxes And Marketing
ProductionTaxesAndMarketing
6278000 USD
CY2013 mtdr Production Taxes And Marketing
ProductionTaxesAndMarketing
20973000 USD
CY2012 mtdr Production Taxes And Marketing
ProductionTaxesAndMarketing
11672000 USD
CY2013Q3 mtdr Public Offering Underwriting Discounts Commissionsand Direct Offering Costs
PublicOfferingUnderwritingDiscountsCommissionsandDirectOfferingCosts
7400000 USD
CY2012 mtdr Purchases Of Certificates Of Deposit
PurchasesOfCertificatesOfDeposit
496000 USD
CY2013 mtdr Purchases Of Certificates Of Deposit
PurchasesOfCertificatesOfDeposit
61000 USD
CY2011 mtdr Purchases Of Certificates Of Deposit
PurchasesOfCertificatesOfDeposit
4298000 USD
CY2013 mtdr Repay Deficit In Agreement Period
RepayDeficitInAgreementPeriod
P6M
CY2012Q3 mtdr Rights On Remaining Acres
RightsOnRemainingAcres
1636 acre
CY2008Q2 mtdr Royalty Owner Undivided Interestin Minerals
RoyaltyOwnerUndividedInterestinMinerals
0.167
CY2011 mtdr Sales Of Certificates Of Deposit
SalesOfCertificatesOfDeposit
5312000 USD
CY2012 mtdr Sales Of Certificates Of Deposit
SalesOfCertificatesOfDeposit
1601000 USD
CY2013 mtdr Sales Of Certificates Of Deposit
SalesOfCertificatesOfDeposit
291000 USD
CY2013 mtdr Settlementof Stockbased Compensation Tax
SettlementofStockbasedCompensationTax
18000 USD
CY2011 mtdr Settlementof Stockbased Compensation Tax
SettlementofStockbasedCompensationTax
0 USD
CY2012 mtdr Settlementof Stockbased Compensation Tax
SettlementofStockbasedCompensationTax
0 USD
CY2013Q4 mtdr Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingAggregateIntrinsicValue
14000000 USD
CY2011 mtdr Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Estimated Fair Value Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsEstimatedFairValuePerShare
12.00
CY2012 mtdr Stock Based Compensation Expense Recognized As Liability
StockBasedCompensationExpenseRecognizedAsLiability
-1092000 USD
CY2011 mtdr Stock Based Compensation Expense Recognized As Liability
StockBasedCompensationExpenseRecognizedAsLiability
2102000 USD
CY2013 mtdr Stock Based Compensation Expense Recognized As Liability
StockBasedCompensationExpenseRecognizedAsLiability
1012000 USD
CY2012 mtdr Stock Issued During Period Value Common Stock To Board Members And Advisors
StockIssuedDuringPeriodValueCommonStockToBoardMembersAndAdvisors
71000 USD
CY2011 mtdr Stock Issued During Period Value Common Stock To Board Members And Advisors
StockIssuedDuringPeriodValueCommonStockToBoardMembersAndAdvisors
230000 USD
CY2013 mtdr Stock Issued During Period Value Common Stock To Board Members And Advisors
StockIssuedDuringPeriodValueCommonStockToBoardMembersAndAdvisors
57000 USD
CY2012 mtdr Swing Sale Profit
SwingSaleProfit
-24000 USD
CY2011 mtdr Swing Sale Profit
SwingSaleProfit
0 USD
CY2013 mtdr Swing Sale Profit
SwingSaleProfit
0 USD
CY2013 mtdr Term Of New Contract Drilling Rig
TermOfNewContractDrillingRig
P1Y
CY2013 mtdr Transfer Of Inventory From Oil And Natural Gas Properties
TransferOfInventoryFromOilAndNaturalGasProperties
343000 USD
CY2012 mtdr Transfer Of Inventory From Oil And Natural Gas Properties
TransferOfInventoryFromOilAndNaturalGasProperties
69000 USD
CY2011 mtdr Transfer Of Inventory From Oil And Natural Gas Properties
TransferOfInventoryFromOilAndNaturalGasProperties
96000 USD
CY2013Q4 mtdr Unamortized Deferred Finance Costs
UnamortizedDeferredFinanceCosts
2100000 USD
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0001520006
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
65744878 shares
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2013Q2 dei Entity Public Float
EntityPublicFloat
593728477 USD
CY2013 dei Entity Registrant Name
EntityRegistrantName
Matador Resources Co
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No

Files In Submission

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0001520006-14-000017-index-headers.html Edgar Link pending
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0001520006-14-000017.txt Edgar Link pending
0001520006-14-000017-xbrl.zip Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
mtdr-20131231.xml Edgar Link completed
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mtdr-20131231_def.xml Edgar Link unprocessable
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