Name | Value |
---|---|
Revenues | 560.3M |
Cost of Revenue | 285.7M |
Gross Profit | 274.6M |
Operating Expense | 23.1M |
Operating I/L | 251.4M |
Other Income/Expense | -15.8M |
Interest Income | 16.2M |
Pretax | 235.6M |
Income Tax Expense | 56.7M |
Net Income/Loss | 163.1M |
Matador Resources Company is an independent energy company focused on the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates in two segments, Exploration and Production, and Midstream, primarily holding interests in the Wolfcamp and Bone Spring plays in the Delaware Basin, the Eagle Ford shale play in South Texas, and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. The company also conducts midstream operations, providing natural gas processing, oil transportation services, and gathering and disposal services to third parties. As of December 31, 2021, it had estimated total proved oil and natural gas reserves of 323.4 million barrels of oil equivalent.