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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues    
Oil and natural gas revenues $ 43,926 $ 62,465
Realized gain on derivatives 7,063 18,504
Unrealized loss on derivatives (6,839) (8,557)
Total revenues 44,150 72,412
Expenses    
Production taxes and marketing 7,902 7,049
Lease operating 15,489 13,046
Depletion, depreciation and amortization 28,923 46,470
Accretion of asset retirement obligations 264 112
Full-cost ceiling impairment 80,462 67,127
General and administrative 13,163 13,413
Total expenses 146,203 147,217
Operating loss (102,053) (74,805)
Other income (expense)    
Net gain (loss) on asset sales and inventory impairment 1,065 (97)
Interest expense (7,197) (2,070)
Interest and other income 518 384
Total other expense (5,614) (1,783)
Loss before income taxes (107,667) (76,588)
Income tax (benefit) provision    
Deferred 0 (26,390)
Total income tax (benefit) provision   (26,390)
Net loss (107,667) (50,198)
Net loss (income) attributable to non-controlling interest in subsidiaries 13 (36)
Net loss attributable to Matador Resources Company shareholders $ (107,654) $ (50,234)
Earnings (loss) per common share    
Basic (in dollars per share) $ (1.26) $ (0.68)
Diluted (in dollars per share) $ (1.26) $ (0.68)
Weighted average common shares outstanding    
Basic (shares) 85,305 73,819
Diluted (shares) 85,305 73,819