CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS — UNAUDITED - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues
Revenues	$ 974,663	$ 442,842	$ 1,637,823	$ 779,023
Realized loss on derivatives	(61,163)	(42,611)	(83,602)	(68,524)
Unrealized gain (loss) on derivatives	30,430	(42,804)	(44,599)	(86,227)
Total revenues	943,930	357,427	1,509,622	624,272
Expenses
Production taxes, transportation and processing	85,658	43,843	145,477	78,017
Lease operating	39,857	28,752	73,812	54,691
Purchased natural gas	56,440	9,628	73,461	12,483
Depletion, depreciation and amortization	120,024	91,444	215,877	166,307
Accretion of asset retirement obligations	517	511	1,060	1,011
General and administrative	24,431	24,397	54,164	46,585
Total expenses	348,941	212,321	605,326	386,503
Operating income	594,989	145,106	904,296	237,769
Other income (expense)
Net loss on asset sales and impairment	0	0	(198)	0
Interest expense	(18,492)	(17,940)	(34,744)	(37,590)
Other (expense) income	(4,342)	14	(4,486)	(661)
Total other expense	(22,834)	(17,926)	(39,428)	(38,251)
Income before income taxes	572,155	127,180	864,868	199,518
Income tax provision
Current	36,261	0	51,670	0
Deferred	99,699	5,349	152,818	8,189
Total income tax provision	135,960	5,349	204,488	8,189
Net income	436,195	121,831	660,380	191,329
Net income attributable to non-controlling interest in subsidiaries	(20,477)	(15,926)	(37,538)	(24,779)
Net income attributable to Matador Resources Company shareholders	$ 415,718	$ 105,905	$ 622,842	$ 166,550
Earnings per common share
Basic (in dollars per share)	$ 3.52	$ 0.91	$ 5.28	$ 1.43
Basic (in shares)	118,103	116,801	118,027	116,804
Diluted (in shares)	119,903	118,993	119,857	118,617
Diluted (in dollars per share)	$ 3.47	$ 0.89	$ 5.20	$ 1.40
Weighted average common shares outstanding	$ 3.52	$ 0.91	$ 5.28	$ 1.43
Oil and natural gas revenues
Revenues
Revenues	$ 892,769	$ 412,074	$ 1,519,284	$ 728,307
Third-party midstream services revenues
Revenues
Revenues	21,886	19,850	39,192	35,288
Expenses
Plant and other midstream services operating	22,014	13,746	41,475	27,409
Sales of purchased natural gas
Revenues
Revenues	$ 60,008	$ 10,918	$ 79,347	$ 15,428