Matador resources company (MTDR)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Current period net income

267,550

122,982

233,428

204,790

225,355

299,764

198,117

190,981

157,031

138,007

199,875

193,944

56,510

-97,057

-431,662

-685,725

-736,993

-679,524

-402,682

-131,048

44,193

110,754

79,582

70,068

76,962

45,094

8,532

-20,771

-52,567

-33,261

-8,133

7,259

21,087

-10,309

0

0

0

Operating activities
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Unrealized Gain (Loss) on Derivatives

128,422

-53,727

44,862

13,678

8,950

65,085

-21,226

-12,261

-500

9,715

10,472

26,047

-13,768

-41,238

-44,170

-40,639

-37,547

-39,265

24,996

34,554

52,853

58,302

7,344

-18,275

-5,515

-7,232

-10,279

-13,945

-6,357

-4,802

2,455

18,318

3,536

5,138

0

0

0

Depletion, depreciation and amortization

364,381

350,540

321,975

299,934

286,639

265,142

247,100

224,443

198,879

177,502

154,929

137,144

127,117

122,048

125,555

140,778

161,300

178,847

187,244

177,149

157,177

134,737

114,772

105,756

94,193

98,395

102,248

97,801

97,481

80,454

61,975

47,583

35,847

31,754

0

0

0

Asset Retirement Obligation, Accretion Expense

1,884

1,822

1,758

1,625

1,580

1,530

1,479

1,415

1,354

1,290

1,291

1,244

1,218

1,182

1,135

1,042

886

734

560

507

499

504

471

428

384

348

334

306

284

256

221

224

222

209

0

0

0

Full-cost ceiling impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

158,633

377,925

663,646

814,528

801,166

581,874

296,153

67,100

0

0

0

-1

21,229

47,903

51,499

84,705

63,475

36,801

33,205

-0

35,673

0

0

0

Stock-based compensation expense

17,707

18,500

17,153

17,331

17,608

17,200

17,999

14,453

16,713

16,700

15,712

18,001

14,285

12,362

11,702

9,872

9,356

9,450

7,745

7,026

6,066

5,524

5,799

6,002

5,200

3,897

3,126

1,836

995

140

0

0

0

-

-

-

-

Stock option and grant expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Restricted stock and restricted stock units expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Deferred Income Tax Expense (Benefit)

76,502

35,532

18,099

4,609

-8,249

-7,236

0

0

0

-

-

-

-

-

-

-

-

-150,327

-118,525

-68,854

29,591

64,242

41,649

26,649

17,554

9,293

1,661

-781

-4,494

-1,430

1

782

4,495

-5,475

0

0

0

Amortization of debt issuance cost

2,525

2,484

2,320

2,135

1,635

1,357

1,216

815

789

468

352

620

892

1,148

1,200

1,444

1,152

852

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Sale of Assets and Asset Impairment Charges

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities
Accounts receivable

3,046

43,261

36,621

-4,009

12,075

4,934

37,860

66,228

62,504

82,549

56,820

37,150

38,343

14,259

6,146

-13,043

-8,800

-3,633

-1,284

12,141

4,237

13,318

13,879

17,261

10,853

2,160

8,510

11,818

6,134

16,342

7,830

758

8,491

1,523

0

0

0

Lease and well equipment inventory

-4,946

-4,777

-5,478

7,021

9,835

12,176

17,304

12,094

7,576

3,623

1,697

326

703

700

624

425

-82

180

243

444

292

211

148

73

-91

-243

0

0

0

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

1,770

1,238

2,508

1,383

2,960

2,274

2,929

2,328

124

289

-785

227

544

1,038

1,270

723

783

-1,406

1,109

599

668

2,277

-220

-101

-50

-589

101

404

-650

0

0

0

Other assets

-

-

-

-

-

-3,418

6,642

6,739

6,713

6,425

-227

-135

-432

-490

737

478

648

552

-2,687

-2,126

-1,871

-1,212

630

899

842

548

751

849

858

673

0

0

0

-

-

-

-

Accounts payable, accrued liabilities and other current liabilities

-35,945

-19,004

32,284

20,784

11,842

68,647

19,314

28,234

40,487

33,559

31,969

8,602

12,276

6,611

-5,778

-9,490

-41,737

1,375

18,290

14,440

62,850

607

6,244

-8,770

-9,390

-3,638

2,933

22,668

17,515

19,740

21,962

18,514

835

13,497

0

0

0

Royalties payable

28,301

20,417

-2,833

-3,622

-5,709

3,418

13,384

34,328

32,013

37,370

31,921

18,777

18,454

7,495

-19

-2,446

586

1,654

7,386

5,026

2,159

6,663

3,620

7,353

1,689

1,257

4,432

837

4,509

4,685

2,390

2,872

1,797

873

0

0

0

Advances from joint interest owners

-6,568

-3,869

4,545

14,089

4,181

-8,179

-8,008

-13,346

-5,897

-1,089

-499

315

269

-1,000

-3,541

-5,336

-1,846

-700

-306

-447

-1,378

0

10

0

2,549

1,515

0

0

0

-

-

-

-

723

0

0

0

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Other long-term liabilities

9,367

2,851

1,131

1,500

-6,912

-353

-248

-554

-1,460

-1,519

-1,212

-755

2,161

4,144

4,821

4,382

2,717

489

-524

-45

-341

-187

-884

-526

7

415

1,015

598

202

282

1,004

1,165

1,027

613

0

0

0

Net Cash Provided by (Used in) Operating Activities

602,174

552,042

542,332

548,812

531,614

608,523

495,927

432,091

373,965

299,125

260,140

205,728

177,037

134,086

119,073

144,745

133,547

208,535

257,046

251,396

312,882

251,481

232,637

209,033

179,186

179,470

171,095

156,614

151,347

124,228

107,750

93,863

54,245

61,868

0

0

0

Investing activities
Oil and natural gas properties capital expenditures

721,867

730,161

787,263

1,286,122

1,356,668

1,357,802

1,288,731

792,111

678,410

699,445

608,162

545,615

509,154

379,067

385,939

358,069

379,645

432,715

488,777

563,541

595,398

560,849

512,999

423,538

372,696

363,192

345,203

340,253

332,117

300,689

264,400

201,224

174,276

156,431

0

0

0

Midstream capital expenditures

232,134

192,035

163,345

149,026

159,756

163,222

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expenditures for other property and equipment

3,681

3,701

4,903

3,510

2,843

2,562

-73,302

-34,797

-14,653

5,688

98,257

69,040

68,303

74,845

74,909

79,162

77,667

64,499

52,984

40,153

22,386

9,152

3,825

3,780

3,610

3,977

5,093

5,892

7,293

7,332

6,665

6,470

4,903

4,671

0

0

0

Proceeds from sale of assets

20,366

21,921

21,737

22,273

9,888

8,333

8,267

7,593

627

977

977

6,150

5,523

5,173

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business combination, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,028

24,028

23,671

24,028

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of certificates of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,298

0

0

0

Maturities of certificates of deposit, net of purchases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,312

0

0

0

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-339

-239

43,098

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash in less-than-wholly-owned subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,352

-223

-243

650

0

0

0

-

-

-61

-61

0

0

0

0

-

0

0

0

-

-

-

-

Maturities of certificates of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Net Cash Provided by (Used in) Investing Activities

-937,316

-903,976

-933,774

-1,416,385

-1,509,379

-1,515,253

-1,442,959

-943,151

-815,064

-819,284

-747,996

-652,402

-615,781

-448,739

-317,191

-297,190

-316,994

-425,154

-566,161

-628,308

-642,725

-570,531

-516,784

-427,257

-376,165

-366,939

-350,070

-345,940

-338,824

-306,916

-269,246

-205,876

-177,827

-160,088

0

0

0

Financing activities
Repayments of borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

123,000

0

0

0

-

-

-

-

Borrowings under Credit Agreement

210,000

250,000

225,000

530,000

510,000

410,000

0

0

0

-

-

-

-

-

-

-

-

125,000

215,000

315,000

320,000

320,000

285,000

215,000

195,000

180,000

169,000

185,000

190,000

160,000

247,000

201,000

201,000

191,000

0

0

0

Borrowings under San Mateo Credit Facility

87,500

68,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost to amend Credit Agreement

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

288,510

142,350

142,350

331,070

188,720

0

0

0

-

-

-

-

-

-

-

-

146,510

146,510

146,510

146,510

592

0

0

0

Cost to issue equity

-

-

-

-

-

-

-

-

-

-

-

-

-

847

837

754

1,772

1,158

0

0

0

-

-

-

-

-

-

-

-

11,599

12,124

12,551

13,008

1,710

0

0

0

Proceeds from stock options exercised

195

3,300

3,288

3,649

3,801

815

827

1,183

1,103

2,920

3,020

2,301

2,081

100

0

0

0

-

-

-

-

43

6

6

6

0

0

0

0

2,660

2,660

2,772

3,294

837

0

0

0

Contributions related to formation of San Mateo I

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contributions related to formation of San Mateo I

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contributions from non-controlling interest owners of less-than-wholly-owned subsidiaries

115,000

77,330

54,580

51,681

68,680

85,750

88,200

83,300

68,600

44,100

29,400

14,700

4,900

0

-562

-600

-450

0

712

750

600

150

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to non-controlling interest owners of less-than-wholly-owned subsidiaries

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes paid related to net share settlement of stock-based compensation

1,819

3,691

4,080

5,092

5,216

6,466

7,399

7,476

8,325

5,763

4,811

3,909

3,279

1,948

1,597

1,054

2,125

1,610

1,588

1,588

358

308

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of non-controlling interest of less-than-wholly-owned subsidiary

-

-

-

-

-

-

-

-

-

-2,653

-2,653

-2,653

-2,653

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid under financing lease obligations

863

918

623

490

274

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of dividends - Class B

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

96

165

234

302

275

0

0

0

Net Cash Provided by (Used in) Financing Activities

345,225

333,078

379,240

808,822

971,694

888,232

969,118

508,066

269,573

408,499

453,855

507,951

500,367

467,706

204,797

139,695

295,715

224,944

315,279

415,900

321,564

321,170

285,540

227,754

206,667

191,661

181,127

184,999

189,755

174,499

157,905

111,521

111,494

87,444

0

0

0

Decrease in cash and restricted cash

10,083

-18,856

-12,202

-58,751

-6,071

-18,498

22,086

-2,994

-171,526

-111,660

-34,001

61,277

61,623

153,053

6,679

-12,750

112,268

8,325

6,164

38,988

-8,279

2,120

1,393

9,530

9,688

4,192

2,152

-4,327

2,278

-8,189

-3,591

-492

-12,087

-10,776

0

0

0