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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues      
Revenues $ 829,691    
Lease bonus - mineral acreage 2,489 $ 0 $ 0
Realized gain (loss) on derivatives 2,334 (4,321) 9,286
Unrealized gain (loss) on derivatives 65,085 9,715 (41,238)
Total revenues 899,599 544,276 264,422
Expenses      
Production taxes, transportation and processing 76,138 58,275 43,046
Lease operating 92,966 67,313 56,202
Plant and other midstream services operating 24,609 13,039 5,389
Purchased natural gas 6,635 0 0
Depletion, depreciation and amortization 265,142 177,502 122,048
Accretion of asset retirement obligations 1,530 1,290 1,182
Full-cost ceiling impairment 0 0 158,633
General and administrative 69,308 66,016 55,089
Total expenses 536,328 383,435 441,589
Operating income (loss) 363,271 160,841 (177,167)
Other income (expense)      
Net (loss) gain on asset sales and inventory impairment (196) 23 107,277
Interest expense (41,327) (34,565) (28,199)
Prepayment premium on extinguishment of debt (31,226) 0 0
Other income (expense) 1,551 3,551 (4)
Total other (expense) income (71,198) (30,991) 79,074
Income (loss) before income taxes 292,073 129,850 (98,093)
Income tax (benefit) provision      
Current (455) (8,157) (1,036)
Deferred (7,236) 0 0
Total income tax benefit (7,691) (8,157) (1,036)
Net income (loss) 274,207 125,867 (97,421)
Net income attributable to non-controlling interest in subsidiaries (25,557) (12,140) (364)
Net income (loss) attributable to Matador Resources Company shareholders $ 299,764 $ 138,007 $ (97,057)
Earnings (loss) per common share attributable to Matador Resources Company shareholders      
Basic (usd per share) $ 2.41 $ 1.23 $ (1.07)
Diluted (usd per share) $ 2.41 $ 1.23 $ (1.07)
Weighted average common shares outstanding      
Basic (in shares) 113,580 102,029 91,273
Diluted (in shares) 113,691 102,543 91,273
Oil and natural gas revenues      
Revenues      
Revenues $ 800,700 $ 528,684 $ 291,156
Third-party midstream services revenues      
Revenues      
Revenues 21,920 10,198 5,218
Sales of purchased natural gas      
Revenues      
Revenues $ 7,071 $ 0 $ 0