CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS — UNAUDITED - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenues
Revenues	$ 563,674	$ 663,160
Realized gain (loss) on derivatives	3,669	(22,439)
Unrealized loss on derivatives	(7,067)	(75,029)
Total revenues	560,276	565,692
Expenses
Production taxes, transportation and processing	55,486	59,819
Lease operating	44,407	33,955
Purchased natural gas	28,448	17,021
Depletion, depreciation and amortization	126,325	95,853
Accretion of asset retirement obligations	699	543
General and administrative	22,433	29,733
Total expenses	308,843	256,385
Operating income	251,433	309,307
Other income (expense)
Net loss on impairment	0	(198)
Interest expense	(16,176)	(16,252)
Other income (expense)	339	(144)
Total other expense	(15,837)	(16,594)
Income before income taxes	235,596	292,713
Income tax provision (benefit)
Current	4,929	15,409
Deferred	51,743	53,119
Total income tax provision	56,672	68,528
Net income	178,924	224,185
Net income attributable to non-controlling interest in subsidiaries	(15,794)	(17,061)
Net income attributable to Matador Resources Company shareholders	$ 163,130	$ 207,124
Earnings per common share
Basic (in dollars per share)	$ 1.37	$ 1.76
Basic (in shares)	119,034	117,951
Diluted (in shares)	119,702	119,814
Diluted (in dollars per share)	$ 1.36	$ 1.73
Weighted average common shares outstanding	$ 1.37	$ 1.76
Oil and natural gas revenues
Revenues
Revenues	$ 502,909	$ 626,515
Third-party midstream services revenues
Revenues
Revenues	26,511	17,306
Expenses
Plant and other midstream services operating	31,045	19,461
Sales of purchased natural gas
Revenues
Revenues	$ 34,254	$ 19,339