CONDENSED CONSOLIDATED STATEMENTS OF INCOME — UNAUDITED - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Revenues	$ 785,343	$ 563,674
Realized gain on derivatives	275	3,669
Unrealized gain (loss) on derivatives	2,075	(7,067)
Total revenues	787,693	560,276
Expenses
Production taxes, transportation and processing	70,153	55,486
Lease operating	76,295	44,407
Purchased natural gas	39,432	28,448
Depletion, depreciation and amortization	212,311	126,325
Accretion of asset retirement obligations	1,273	699
General and administrative	29,653	22,433
Total expenses	468,740	308,843
Operating income	318,953	251,433
Other income (expense)
Interest expense	(39,562)	(16,176)
Other income	577	339
Total other expense	(38,985)	(15,837)
Income before income taxes	279,968	235,596
Income tax provision (benefit)
Current	17,272	4,929
Deferred	49,506	51,743
Total income tax provision	66,778	56,672
Net income	213,190	178,924
Net income attributable to non-controlling interest in subsidiaries	(19,461)	(15,794)
Net income attributable to Matador Resources Company shareholders	$ 193,729	$ 163,130
Earnings per common share
Basic (in dollars per share)	$ 1.62	$ 1.37
Basic (in shares)	119,721	119,034
Diluted (in shares)	120,253	119,702
Diluted (in dollars per share)	$ 1.61	$ 1.36
Weighted average common shares outstanding	$ 1.62	$ 1.37
Oil and natural gas revenues
Revenues
Revenues	$ 703,540	$ 502,909
Third-party midstream services revenues
Revenues
Revenues	32,357	26,511
Expenses
Plant and other midstream services operating	39,623	31,045
Sales of purchased natural gas
Revenues
Revenues	$ 49,446	$ 34,254