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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Revenues $ 1,862,075 $ 851,135 $ 1,026,204
Lease bonus - mineral acreage 0 4,062 1,711
Realized (loss) gain on derivatives (220,105) 38,937 9,482
Unrealized gain (loss) on derivatives 21,011 (32,008) (53,727)
Total revenues 1,662,981 862,126 983,670
Expenses      
Production taxes, transportation and processing 178,987 93,338 92,273
Lease operating 108,964 104,953 117,305
Purchased natural gas 77,126 32,734 69,398
Depletion, depreciation and amortization 344,905 361,831 350,540
Accretion of asset retirement obligations 2,068 1,948 1,822
Full-cost ceiling impairment 0 684,743 0
General and administrative 96,396 62,578 80,054
Total expenses 869,905 1,383,625 748,190
Operating income (loss) 793,076 (521,499) 235,480
Other income (expense)      
Net loss on asset sales and impairment (331) (2,832) (967)
Interest expense (74,687) (76,692) (73,873)
Other (expense) income (2,712) 1,864 (2,126)
Total other expense (77,730) (77,660) (76,966)
Income (loss) before income taxes 715,346 (599,159) 158,514
Income tax provision (benefit)      
Deferred 74,710 (45,599) 35,532
Total income tax provision (benefit) 74,710 (45,599) 35,532
Net income (loss) 584,968 (593,205) 87,777
Net income attributable to non-controlling interest in subsidiaries (55,668) (39,645) (35,205)
Net income (loss) attributable to Matador Resources Company shareholders $ 640,636 $ (553,560) $ 122,982
Earnings (loss) per common share attributable to Matador Resources Company shareholders      
Basic (usd per share) $ 5.00 $ (5.11) $ 0.75
Diluted (usd per share) $ 4.91 $ (5.11) $ 0.75
Weighted average common shares outstanding      
Basic (in shares) 116,999 116,068 116,555
Diluted (in shares) 119,163 116,068 117,063
Oil and natural gas revenues      
Revenues      
Revenues $ 1,700,542 $ 744,461 $ 892,325
Third-party midstream services revenues      
Revenues      
Revenues 75,499 64,932 59,110
Expenses      
Cost of Goods and Services Sold 61,459 41,500 36,798
Sales of purchased natural gas      
Revenues      
Revenues $ 86,034 $ 41,742 $ 74,769