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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues      
Oil and natural gas revenues $ 528,684 $ 291,156 $ 278,340
Third-party midstream services revenues 10,198 5,218 1,864
Realized (loss) gain on derivatives (4,321) 9,286 77,094
Unrealized gain (loss) on derivatives 9,715 (41,238) (39,265)
Total revenues 544,276 264,422 318,033
Expenses      
Production taxes, transportation and processing 58,275 43,046 35,650
Lease operating 67,313 56,202 54,704
Plant and other midstream services operating 13,039 5,389 3,489
Depletion, depreciation and amortization 177,502 122,048 178,847
Accretion of asset retirement obligations 1,290 1,182 734
Full-cost ceiling impairment 0 158,633 801,166
General and administrative 66,016 55,089 50,105
Total expenses 383,435 441,589 1,124,695
Operating income (loss) 160,841 (177,167) (806,662)
Other income (expense)      
Net gain on asset sales and inventory impairment 23 107,277 908
Interest expense (34,565) (28,199) (21,754)
Other income (expense) 3,551 (4) 616
Total other (expense) income (30,991) 79,074 (20,230)
Income (loss) before income taxes 129,850 (98,093) (826,892)
Income tax (benefit) provision      
Current (8,157) (1,036) 2,959
Deferred 0 0 (150,327)
Total income tax benefit (8,157) (1,036) (147,368)
Net income (loss) 138,007 (97,057) (679,524)
Net income attributable to non-controlling interest in subsidiaries (12,140) (364) (261)
Net income (loss) attributable to Matador Resources Company shareholders $ 125,867 $ (97,421) $ (679,785)
Earnings (loss) per common share      
Basic (usd per share) $ 1.23 $ (1.07) $ (8.34)
Diluted (usd per share) $ 1.23 $ (1.07) $ (8.34)
Weighted average common shares outstanding      
Basic (in shares) 102,029 91,273 81,537
Diluted (in shares) 102,543 91,273 81,537