$MTDR
Matador Resources Co

2014 Q1 Form 10-Q Financial Statement

#000152000614000025 Filed on May 07, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $73.98M $54.89M
YoY Change 34.79% 89.26%
Cost Of Revenue $15.40M $15.00M
YoY Change 2.67% 120.59%
Gross Profit $58.60M $39.90M
YoY Change 46.87% 80.54%
Gross Profit Margin 79.21% 72.7%
Selling, General & Admin $7.200M $4.600M
YoY Change 56.52% 21.05%
% of Gross Profit 12.29% 11.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.03M $28.23M
YoY Change -14.88% 152.07%
% of Gross Profit 41.01% 70.76%
Operating Expenses $31.30M $32.90M
YoY Change -4.86% 117.88%
Operating Profit $27.26M -$14.26M
YoY Change -291.21% -303.64%
Interest Expense $1.396M $1.271M
YoY Change 9.83% -523.67%
% of Operating Profit 5.12%
Other Income/Expense, Net -$1.358M -$1.204M
YoY Change 12.79% -1304.0%
Pretax Income $25.90M -$15.46M
YoY Change -267.53% -324.04%
Income Tax $9.536M $46.00K
% Of Pretax Income 36.82%
Net Earnings $16.36M -$15.51M
YoY Change -205.53% -508.03%
Net Earnings / Revenue 22.12% -28.25%
Basic Earnings Per Share $0.25 -$0.28
Diluted Earnings Per Share $0.25 -$0.28
COMMON SHARES
Basic Shares Outstanding 65.68M shares
Diluted Shares Outstanding 66.23M shares 55.27M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.30M $4.800M
YoY Change 197.92% 54.84%
Cash & Equivalents $14.34M $4.652M
Short-Term Investments $100.0K
Other Short-Term Assets $5.100M $3.800M
YoY Change 34.21% -69.84%
Inventory $900.0K $1.000M
Prepaid Expenses $2.195M
Receivables $31.79M $27.10M
Other Receivables $1.268M $700.0K
Total Short-Term Assets $58.98M $37.30M
YoY Change 58.12% -3.62%
LONG-TERM ASSETS
Property, Plant & Equipment $959.9M $610.2M
YoY Change 57.31% 33.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.574M $2.900M
YoY Change -11.24% 61.11%
Total Long-Term Assets $962.8M $613.0M
YoY Change 57.06% 33.64%
TOTAL ASSETS
Total Short-Term Assets $58.98M $37.30M
Total Long-Term Assets $962.8M $613.0M
Total Assets $1.022B $650.3M
YoY Change 57.12% 30.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.328M $22.20M
YoY Change -71.5% 276.27%
Accrued Expenses $109.2M $40.20M
YoY Change 171.54% -7.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $132.9M $72.50M
YoY Change 83.28% 25.0%
LONG-TERM LIABILITIES
Long-Term Debt $270.0M $205.0M
YoY Change 31.71% 1266.67%
Other Long-Term Liabilities $3.076M $7.700M
YoY Change -60.05% -6.1%
Total Long-Term Liabilities $302.5M $212.7M
YoY Change 42.2% 816.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $132.9M $72.50M
Total Long-Term Liabilities $302.5M $212.7M
Total Liabilities $435.3M $286.2M
YoY Change 52.11% 243.58%
SHAREHOLDERS EQUITY
Retained Earnings $46.45M
YoY Change
Common Stock $671.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $10.77M
YoY Change
Treasury Stock Shares 1.302M shares
Shareholders Equity $586.4M $364.1M
YoY Change
Total Liabilities & Shareholders Equity $1.022B $650.3M
YoY Change 57.12% 30.74%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $16.36M -$15.51M
YoY Change -205.53% -508.03%
Depreciation, Depletion And Amortization $24.03M $28.23M
YoY Change -14.88% 152.07%
Cash From Operating Activities $31.95M $32.23M
YoY Change -0.88% 531.94%
INVESTING ACTIVITIES
Capital Expenditures -$93.90M -$84.80M
YoY Change 10.73% 58.8%
Acquisitions $0.00
YoY Change
Other Investing Activities $0.00 $100.0K
YoY Change -100.0% -83.33%
Cash From Investing Activities -$93.90M -$84.67M
YoY Change 10.9% 60.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $70.01M $55.00M
YoY Change 27.28% 38.54%
NET CHANGE
Cash From Operating Activities $31.95M $32.23M
Cash From Investing Activities -$93.90M -$84.67M
Cash From Financing Activities $70.01M $55.00M
Net Change In Cash $8.053M $2.557M
YoY Change 214.94% -131.96%
FREE CASH FLOW
Cash From Operating Activities $31.95M $32.23M
Capital Expenditures -$93.90M -$84.80M
Free Cash Flow $125.8M $117.0M
YoY Change 7.53% 100.05%

Facts In Submission

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;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. The Company&#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, the Company has a large exploratory leasehold position in Southwest Wyoming and adjacent areas in Utah and Idaho where it is testing the Meade Peak shale.</font></div><div style="line-height:120%;padding-top:6px;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:6px;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;color:#000000;text-decoration:none;">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>
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-14255000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
27257000 USD
CY2014Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
200000 USD
CY2013Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
200000 USD
CY2014Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3247000 USD
CY2013Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3586000 USD
CY2014Q1 us-gaap Other Assets
OtherAssets
2841000 USD
CY2013Q4 us-gaap Other Assets
OtherAssets
2281000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
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CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2574000 USD
CY2013Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
88000 USD
CY2014Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
88000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2588000 USD
CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3076000 USD
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1358000 USD
CY2013Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1204000 USD
CY2013Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1066000 USD
CY2014Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1268000 USD
CY2014Q1 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0 USD
CY2013Q1 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
61000 USD
CY2013Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1374000 USD
CY2014Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1007000 USD
CY2014Q1 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
92891000 USD
CY2013Q1 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
83387000 USD
CY2013Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1771000 USD
CY2014Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2195000 USD
CY2013Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
55000000 USD
CY2014Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
70000000 USD
CY2014Q1 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
0 USD
CY2013Q1 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
150000 USD
CY2013Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2014Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
959912000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
845877000 USD
CY2013Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
29910000 USD
CY2014Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
31464000 USD
CY2014Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
618000 USD
CY2014Q1 us-gaap Results Of Operations Expense From Oil And Gas Producing Activities
ResultsOfOperationsExpenseFromOilAndGasProducingActivities
42012000 USD
CY2013Q1 us-gaap Results Of Operations Expense From Oil And Gas Producing Activities
ResultsOfOperationsExpenseFromOilAndGasProducingActivities
-15590000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
46447000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
30084000 USD
CY2013Q1 us-gaap Revenues
Revenues
54886000 USD
CY2014Q1 us-gaap Revenues
Revenues
73980000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1795000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
492000 USD
CY2014Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 USD
CY2014Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
USD
CY2014Q1 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
-15000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
586401000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
568924000 USD
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
10765000 USD
CY2013Q1 us-gaap Unamortized Costs Capitalized Less Related Deferred Income Taxes Exceed Ceiling Limitation Expense
UnamortizedCostsCapitalizedLessRelatedDeferredIncomeTaxesExceedCeilingLimitationExpense
13700000 USD
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1306177 shares
CY2014Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
1301843 shares
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
10765000 USD
CY2013Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-4825000 USD
CY2014Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-3108000 USD
CY2013Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
545000 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55272000 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
66229000 shares
CY2013Q1 mtdr Asset Retirement Obligations Relatedto Support Equipment Facilities
AssetRetirementObligationsRelatedtoSupportEquipmentFacilities
30000 USD
CY2014Q1 mtdr Asset Retirement Obligations Relatedto Support Equipment Facilities
AssetRetirementObligationsRelatedtoSupportEquipmentFacilities
111000 USD
CY2013Q1 mtdr Assetretirementobligationsrelatedtomineralproperties
Assetretirementobligationsrelatedtomineralproperties
626000 USD
CY2014Q1 mtdr Assetretirementobligationsrelatedtomineralproperties
Assetretirementobligationsrelatedtomineralproperties
1715000 USD
CY2014Q1 mtdr Capitalized General And Administrative Costs
CapitalizedGeneralAndAdministrativeCosts
900000 USD
CY2013Q1 mtdr Capitalized General And Administrative Costs
CapitalizedGeneralAndAdministrativeCosts
700000 USD
CY2014Q1 mtdr Deferred Loan Costs
DeferredLoanCosts
2600000 USD
CY2014Q1 mtdr Derivative Asset Fair Value Subjectto Master Netting Gross Asset Basis
DerivativeAssetFairValueSubjecttoMasterNettingGrossAssetBasis
-110000 USD
CY2014Q1 mtdr Derivative Liability Fair Value Subjectto Master Netting Gross Liability Basis
DerivativeLiabilityFairValueSubjecttoMasterNettingGrossLiabilityBasis
-110000 USD
CY2014Q1 mtdr Discounting Rate Present Value Of Future Revenue From Proved Oil And Gas Reserves
DiscountingRatePresentValueOfFutureRevenueFromProvedOilAndGasReserves
0.1
CY2014Q1 mtdr Federal Funds Effective Plus Rate
FederalFundsEffectivePlusRate
0.005
CY2014Q1 mtdr Income Tax Expense Recorded
IncomeTaxExpenseRecorded
0 USD
CY2014Q1 mtdr Increase Decrease In Liabilities For Support Equipment And Facilities
IncreaseDecreaseInLiabilitiesForSupportEquipmentAndFacilities
437000 USD
CY2013Q1 mtdr Increase Decrease In Liabilities For Support Equipment And Facilities
IncreaseDecreaseInLiabilitiesForSupportEquipmentAndFacilities
-1065000 USD
CY2014Q1 mtdr Increase Decrease In Payments Made In Advance By Joint Interest Partners In Oil And Gas Properties
IncreaseDecreaseInPaymentsMadeInAdvanceByJointInterestPartnersInOilAndGasProperties
0 USD
CY2013Q1 mtdr Increase Decrease In Payments Made In Advance By Joint Interest Partners In Oil And Gas Properties
IncreaseDecreaseInPaymentsMadeInAdvanceByJointInterestPartnersInOilAndGasProperties
-1034000 USD
CY2014Q1 mtdr Issuance Of Common Stock For Advisor Services
IssuanceOfCommonStockForAdvisorServices
6000 USD
CY2013Q1 mtdr Issuance Of Common Stock For Advisor Services
IssuanceOfCommonStockForAdvisorServices
8000 USD
CY2014Q1 mtdr Issuance Of Restricted Stock Units For Board And Advisor Services
IssuanceOfRestrictedStockUnitsForBoardAndAdvisorServices
96000 USD
CY2013Q1 mtdr Issuance Of Restricted Stock Units For Board And Advisor Services
IssuanceOfRestrictedStockUnitsForBoardAndAdvisorServices
47000 USD
CY2014Q1 mtdr Lease Agreement Extended Period
LeaseAgreementExtendedPeriod
2022-06-30
CY2013Q1 mtdr Lease And Well Equipment Inventories
LeaseAndWellEquipmentInventories
-121000 USD
CY2014Q1 mtdr Lease And Well Equipment Inventories
LeaseAndWellEquipmentInventories
31000 USD
CY2013Q4 mtdr Lease And Well Equipment Inventory
LeaseAndWellEquipmentInventory
785000 USD
CY2014Q1 mtdr Lease And Well Equipment Inventory
LeaseAndWellEquipmentInventory
923000 USD
CY2014Q1 mtdr Line Of Credit Borrowing Base
LineOfCreditBorrowingBase
310000000 USD
CY2014 mtdr Lineof Credit Facility Covenant Debtto Ebitda Ratio
LineofCreditFacilityCovenantDebttoEBITDARatio
4.25
CY2014Q1 mtdr Lineof Credit Facility Covenant Debtto Ebitda Ratio
LineofCreditFacilityCovenantDebttoEBITDARatio
0
CY2014Q1 mtdr Lineof Credit Facility Interest Rate Increase Decrease
LineofCreditFacilityInterestRateIncreaseDecrease
0.0025
CY2014Q1 mtdr Maximum Termination Outstanding Obligations Of Contracts
MaximumTerminationOutstandingObligationsOfContracts
12900000 USD
CY2014Q1 mtdr Minimum Delivery Commitment To Avoid Paying Gas Deficiency Fee
MinimumDeliveryCommitmentToAvoidPayingGasDeficiencyFee
0.8
CY2014Q1 mtdr Minimum Outstanding Commitments
MinimumOutstandingCommitments
21200000 USD
CY2014Q1 mtdr Natural Gas Processing And Transportation Agreement Maturity Period
NaturalGasProcessingAndTransportationAgreementMaturityPeriod
P5Y
CY2014Q1 mtdr Number Of Wholly Owned Subsidiary
NumberOfWhollyOwnedSubsidiary
4 subsidiary
CY2014Q1 mtdr Percentage Of Reserves Required To Maintain
PercentageOfReservesRequiredToMaintain
1
CY2013Q1 mtdr Production Taxes And Marketing
ProductionTaxesAndMarketing
4097000 USD
CY2014Q1 mtdr Production Taxes And Marketing
ProductionTaxesAndMarketing
6006000 USD
CY2014Q1 mtdr Remaining Aggregate Undiscounted Minimum Commitments Under Agreement
RemainingAggregateUndiscountedMinimumCommitmentsUnderAgreement
9200000 USD
CY2014Q1 mtdr Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period At Exercise Price One
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodAtExercisePriceOne
49721 shares
CY2014Q1 mtdr Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period At Exercise Price One
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodAtExercisePriceOne
224962 shares
CY2014Q1 mtdr Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period At Exercise Price Two
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodAtExercisePriceTwo
75247 shares
CY2014Q1 mtdr Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodFairValue
3300000 USD
CY2014Q1 mtdr Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Exercise Price One
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodExercisePriceOne
23.40
CY2014Q1 mtdr Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Exercise Price One
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodExercisePriceOne
19.71
CY2014Q1 mtdr Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Exercise Price Two
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodExercisePriceTwo
22.66
CY2014Q1 mtdr Stock Based Compensation Expense Recognized As Liability
StockBasedCompensationExpenseRecognizedAsLiability
677000 USD
CY2013Q1 mtdr Stock Based Compensation Expense Recognized As Liability
StockBasedCompensationExpenseRecognizedAsLiability
30000 USD
CY2014Q1 mtdr Stock Issued During Period Value Common Stock To Board Members And Advisors
StockIssuedDuringPeriodValueCommonStockToBoardMembersAndAdvisors
6000 USD
CY2014Q1 mtdr Transfer Of Inventory From Oil And Natural Gas Properties
TransferOfInventoryFromOilAndNaturalGasProperties
107000 USD
CY2013Q1 mtdr Transfer Of Inventory From Oil And Natural Gas Properties
TransferOfInventoryFromOilAndNaturalGasProperties
211000 USD
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001520006
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
65806120 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
Matador Resources Co

Files In Submission

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0001520006-14-000025-index-headers.html Edgar Link pending
0001520006-14-000025-index.html Edgar Link pending
0001520006-14-000025.txt Edgar Link pending
0001520006-14-000025-xbrl.zip Edgar Link pending
exhibit311q12014.htm Edgar Link pending
exhibit312certq12014.htm Edgar Link pending
exhibit321certq12014.htm Edgar Link pending
exhibit322certq12014.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
mtdr-20140331.xml Edgar Link completed
mtdr-20140331.xsd Edgar Link pending
mtdr-20140331_cal.xml Edgar Link unprocessable
mtdr-20140331_def.xml Edgar Link unprocessable
mtdr-20140331_lab.xml Edgar Link unprocessable
mtdr-20140331_pre.xml Edgar Link unprocessable
mtdr-2014331x10q.htm Edgar Link pending
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