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Condensed Consolidated Statements of Operations - Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Revenues $ 223,091   $ 620,539  
Realized gain (loss) on derivatives 5,424 $ 485 (1,322) $ (1,176)
Unrealized (loss) gain on derivatives (21,337) (12,372) (9,492) 21,449
Total revenues 207,178 126,279 609,725 390,703
Expenses        
Production taxes, transportation and processing 20,215 15,666 58,116 40,348
Lease operating 22,531 16,689 69,685 48,486
Plant and other midstream services operating 7,291 3,096 17,187 8,379
Depletion, depreciation and amortization 70,457 47,800 192,664 123,066
Accretion of asset retirement obligations 387 323 1,126 937
General and administrative 18,444 16,156 55,739 49,671
Total expenses 139,325 99,730 394,517 270,887
Operating income 67,853 26,549 215,208 119,816
Other income (expense)        
Net (loss) gain on asset sales and inventory impairment (196) 16 (196) 23
Interest expense (10,340) (8,550) (26,835) (26,229)
Prepayment premium on extinguishment of debt (31,226) 0 (31,226) 0
Other (expense) income (976) (36) (1,275) 1,956
Total other expense (42,738) (8,570) (59,532) (24,250)
Net income 25,115 17,979 155,676 95,566
Net income attributable to non-controlling interest in subsidiaries 7,321 2,940 18,182 8,034
Net income attributable to Matador Resources Company shareholders $ 17,794 $ 15,039 $ 137,494 $ 87,532
Earnings per common share        
Basic (in dollars per share) $ 0.15 $ 0.15 $ 1.22 $ 0.87
Diluted (in dollars per share) $ 0.15 $ 0.15 $ 1.21 $ 0.87
Weighted average common shares outstanding        
Basic (shares) 116,358 100,365 112,659 100,141
Diluted (shares) 116,912 100,504 113,208 100,580
Oil and natural gas revenues        
Revenues        
Revenues $ 216,282 $ 134,948 $ 607,255 $ 363,559
Third-party midstream services revenues        
Revenues        
Revenues $ 6,809 $ 3,218 $ 13,284 $ 6,871