CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS — UNAUDITED - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues
Revenues	$ 663,160	$ 336,181
Realized loss on derivatives	(22,439)	(25,913)
Unrealized loss on derivatives	(75,029)	(43,423)
Total revenues	565,692	266,845
Expenses
Production taxes, transportation and processing	59,819	34,174
Lease operating	33,955	25,939
Purchased natural gas	17,021	2,855
Depletion, depreciation and amortization	95,853	74,863
Accretion of asset retirement obligations	543	500
General and administrative	29,733	22,188
Total expenses	256,385	174,182
Operating income	309,307	92,663
Other income (expense)
Net loss on asset sales and impairment	(198)	0
Interest expense	(16,252)	(19,650)
Other expense	(144)	(675)
Total other expense	(16,594)	(20,325)
Income before income taxes	292,713	72,338
Income tax provision
Current	15,409	0
Deferred	53,119	2,840
Total income tax provision	68,528	2,840
Net income	224,185	69,498
Net income attributable to non-controlling interest in subsidiaries	(17,061)	(8,853)
Net income attributable to Matador Resources Company shareholders	$ 207,124	$ 60,645
Earnings per common share
Basic (in dollars per share)	$ 1.76	$ 0.52
Diluted (in dollars per share)	$ 1.73	$ 0.51
Weighted average common shares outstanding
Basic (in shares)	117,951	116,807
Diluted (in shares)	119,814	118,669
Oil and natural gas revenues
Revenues
Revenues	$ 626,515	$ 316,233
Third-party midstream services revenues
Revenues
Revenues	17,306	15,438
Expenses
Plant and other midstream services operating	19,461	13,663
Sales of purchased natural gas
Revenues
Revenues	$ 19,339	$ 4,510