| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenues | |||||||||
Revenue from Contract with Customer, Excluding Assessed Tax | |||||||||
1,026,204 | 829,691 | - | - | - | - | - | - | - | - |
Lease bonus - mineral acreage | |||||||||
1,711 | 2,489 | 0 | 0 | - | - | - | - | - | - |
Gain (Loss) on Sale of Derivatives | |||||||||
9,482 | 2,334 | -4,321 | 9,286 | 77,094 | 5,022 | -909 | 13,960 | 7,106 | 5,299 |
Unrealized Gain (Loss) on Derivatives | |||||||||
-53,727 | 65,085 | 9,715 | -41,238 | -39,265 | 58,302 | -7,232 | -4,802 | 5,138 | 3,139 |
Revenues | |||||||||
983,670 | 899,599 | 544,276 | 264,422 | 318,033 | 432,249 | 260,889 | 165,156 | 79,244 | 42,480 |
Expenses | |||||||||
Production taxes, transportation and processing | |||||||||
92,273 | 76,138 | 58,275 | 43,046 | 35,650 | 33,172 | 20,973 | 11,672 | 6,278 | 1,982 |
Lease operating | |||||||||
117,305 | 92,966 | 67,313 | 56,202 | 54,704 | 49,945 | 38,720 | 28,184 | 7,244 | 5,284 |
Purchased natural gas | |||||||||
69,398 | 6,635 | 0 | 0 | - | - | - | - | - | - |
Depletion, depreciation and amortization | |||||||||
350,540 | 265,142 | 177,502 | 122,048 | 178,847 | 134,737 | 98,395 | 80,454 | 31,754 | 15,596 |
Asset Retirement Obligation, Accretion Expense | |||||||||
1,822 | 1,530 | 1,290 | 1,182 | 734 | 504 | 348 | 256 | 209 | 155 |
Full-cost ceiling impairment | |||||||||
0 | 0 | 0 | 158,633 | 801,166 | 0 | 21,229 | 63,475 | 35,673 | 0 |
General and administrative | |||||||||
80,054 | 69,308 | 66,016 | 55,089 | 50,105 | 32,152 | 20,779 | 14,543 | 13,394 | 9,702 |
Costs and Expenses | |||||||||
748,190 | 536,328 | 383,435 | 441,589 | 1,124,695 | 251,918 | 200,444 | 198,584 | 94,552 | 32,719 |
Operating Income (Loss) | |||||||||
235,480 | 363,271 | 160,841 | -177,167 | -806,662 | 180,331 | 60,445 | -33,428 | -15,308 | 9,761 |
Other income (expense) | |||||||||
Net (loss) gain on asset sales and inventory impairment | |||||||||
-967 | -196 | 23 | 107,277 | 908 | 0 | 192 | 485 | 154 | 224 |
Interest Expense | |||||||||
73,873 | 41,327 | 34,565 | 28,199 | 21,754 | 5,334 | 5,687 | 1,002 | 683 | 3 |
Prepayment premium on extinguishment of debt | |||||||||
0 | -31,226 | 0 | 0 | - | - | - | - | - | - |
Other income | |||||||||
- | - | - | - | 616 | 132 | - | - | - | - |
Interest and other income | |||||||||
- | - | - | - | - | - | 225 | 224 | 315 | 364 |
Other income (expense) | |||||||||
-2,126 | 1,551 | 3,551 | -4 | -20,230 | -5,202 | -5,654 | -1,263 | -522 | 137 |
Total other expense | |||||||||
-76,966 | -71,198 | -30,991 | 79,074 | - | - | - | - | - | - |
Income (loss) before income taxes | |||||||||
158,514 | 292,073 | 129,850 | -98,093 | -826,892 | 175,129 | 54,791 | -34,691 | -15,830 | 9,898 |
Income tax provision (benefit) | |||||||||
Current | |||||||||
0 | -500 | -8,200 | -1,036 | 2,959 | 133 | 404 | 0 | -46 | -1,411 |
Deferred | |||||||||
35,532 | -7,236 | 0 | 0 | -150,327 | 64,242 | 9,293 | -1,430 | -5,475 | 4,932 |
Total income tax provision (benefit) | |||||||||
35,532 | -7,691 | -8,157 | -1,036 | -147,368 | 64,375 | 9,697 | -1,430 | -5,521 | 3,521 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||
122,982 | 299,764 | 138,007 | -97,057 | -679,785 | 110,771 | 45,094 | - | - | - |
Net Income (Loss) Attributable to Noncontrolling Interest | |||||||||
35,205 | 25,557 | 12,140 | 364 | 261 | -17 | 0 | 0 | - | - |
Net income (loss) attributable to Matador Resources Company shareholders | |||||||||
87,777 | 274,207 | 125,867 | -97,421 | -679,524 | 110,754 | 45,094 | -33,261 | -10,309 | 6,377 |
Earnings (loss) per common share | |||||||||
Basic (in dollars per share) | |||||||||
0.75 | 2.41 | 1.23 | -1.07 | -8.34 | 1.58 | 0.77 | - | - | - |
Diluted (in dollars per share) | |||||||||
0.75 | 2.41 | 1.23 | -1.07 | -8.34 | 1.56 | 0.77 | - | - | - |
Weighted average common shares outstanding | |||||||||
Weighted average common shares outstanding | |||||||||
Weighted Average Number of Shares Outstanding, Basic | |||||||||
116,555 | 113,580 | 102,029 | 91,273 | 81,537 | 70,229 | 58,777 | 53,957 | 42,718 | 41,038 |
Weighted Average Number of Shares Outstanding, Diluted | |||||||||
117,063 | 113,691 | 102,543 | 91,273 | 81,537 | 70,906 | 58,929 | 53,957 | 42,718 | 41,134 |
Oil and natural gas revenues | |||||||||
Revenue from Contract with Customer, Excluding Assessed Tax | |||||||||
892,325 | 800,700 | 528,684 | 291,156 | 278,340 | 367,712 | 269,030 | 155,998 | 67,000 | 34,042 |
Third-party midstream services revenues | |||||||||
Revenue from Contract with Customer, Excluding Assessed Tax | |||||||||
59,110 | 21,920 | 10,198 | 5,218 | 1,864 | 1,213 | - | - | - | - |
Plant and other midstream services operating | |||||||||
36,798 | 24,609 | 13,039 | 5,389 | 3,489 | 1,408 | - | - | - | - |
Sales of purchased natural gas | |||||||||
Revenue from Contract with Customer, Excluding Assessed Tax | |||||||||
74,769 | 7,071 | 0 | 0 | - | - | - | - | - | - |