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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues      
Revenues $ 851,135 $ 1,026,204 $ 829,691
Lease bonus - mineral acreage 4,062 1,711 2,489
Realized gain on derivatives 38,937 9,482 2,334
Unrealized (loss) gain on derivatives (32,008) (53,727) 65,085
Total revenues 862,126 983,670 899,599
Expenses      
Production taxes, transportation and processing 93,338 92,273 76,138
Lease operating 104,953 117,305 92,966
Purchased natural gas 32,734 69,398 6,635
Depletion, depreciation and amortization 361,831 350,540 265,142
Accretion of asset retirement obligations 1,948 1,822 1,530
Full-cost ceiling impairment 684,743 0 0
General and administrative 62,578 80,054 69,308
Total expenses 1,383,625 748,190 536,328
Operating (loss) income (521,499) 235,480 363,271
Other income (expense)      
Net loss on asset sales and inventory impairment (2,832) (967) (196)
Interest expense (76,692) (73,873) (41,327)
Prepayment premium on extinguishment of debt 0 0 (31,226)
Other income (expense) 1,864 (2,126) 1,551
Total other expense (77,660) (76,966) (71,198)
(Loss) income before income taxes (599,159) 158,514 292,073
Income tax provision (benefit)      
Current 0 0 (455)
Deferred (45,599) 35,532 (7,236)
Total income tax (benefit) provision (45,599) 35,532 (7,691)
Net (loss) income (593,205) 87,777 274,207
Net income attributable to non-controlling interest in subsidiaries (39,645) (35,205) (25,557)
Net (loss) income attributable to Matador Resources Company shareholders $ (553,560) $ 122,982 $ 299,764
Earnings per common share attributable to Matador Resources Company shareholders      
Basic (usd per share) $ (5.11) $ 0.75 $ 2.41
Diluted (usd per share) $ (5.11) $ 0.75 $ 2.41
Weighted average common shares outstanding      
Basic (in shares) 116,068 116,555 113,580
Diluted (in shares) 116,068 117,063 113,691
Oil and natural gas revenues      
Revenues      
Revenues $ 744,461 $ 892,325 $ 800,700
Third-party midstream services revenues      
Revenues      
Revenues 64,932 59,110 21,920
Expenses      
Cost of Goods and Services Sold 41,500 36,798 24,609
Sales of purchased natural gas      
Revenues      
Revenues $ 41,742 $ 74,769 $ 7,071