Company Quick10K Filing
Matador Resources
10-K 2019-12-31 Filed 2020-03-02
10-Q 2019-09-30 Filed 2019-11-01
10-Q 2019-06-30 Filed 2019-08-02
10-Q 2019-03-31 Filed 2019-05-03
10-K 2018-12-31 Filed 2019-03-01
10-Q 2018-09-30 Filed 2018-11-01
10-Q 2018-06-30 Filed 2018-08-06
10-Q 2018-03-31 Filed 2018-05-04
10-K 2017-12-31 Filed 2018-03-01
10-Q 2017-09-30 Filed 2017-11-09
10-Q 2017-06-30 Filed 2017-08-07
10-Q 2017-03-31 Filed 2017-05-05
10-K 2016-12-31 Filed 2017-03-01
10-Q 2016-09-30 Filed 2016-11-04
10-Q 2016-06-30 Filed 2016-08-05
10-Q 2016-03-31 Filed 2016-05-06
10-K 2015-12-31 Filed 2016-02-29
10-Q 2015-09-30 Filed 2015-11-06
10-Q 2015-06-30 Filed 2015-08-10
10-Q 2015-03-31 Filed 2015-05-11
10-K 2014-12-31 Filed 2015-03-02
10-Q 2014-09-30 Filed 2014-11-07
10-Q 2014-06-30 Filed 2014-08-08
10-Q 2014-03-31 Filed 2014-05-07
10-K 2013-12-31 Filed 2014-03-17
10-Q 2013-09-30 Filed 2013-11-08
10-Q 2013-06-30 Filed 2013-08-09
10-Q 2013-03-31 Filed 2013-05-10
10-K 2012-12-31 Filed 2013-03-18
10-Q 2012-09-30 Filed 2012-11-14
10-Q 2012-06-30 Filed 2012-08-14
10-Q 2012-03-31 Filed 2012-05-15
10-K 2011-12-31 Filed 2012-04-02
8-K 2020-03-27 Regulation FD
8-K 2020-02-25 Earnings, Regulation FD, Earnings, Exhibits
8-K 2020-01-08 Regulation FD
8-K 2019-11-08 Regulation FD
8-K 2019-10-28 Earnings, Regulation FD, Earnings, Exhibits
8-K 2019-09-05 Regulation FD
8-K 2019-08-28 Officers, Regulation FD, Exhibits
8-K 2019-08-14 Regulation FD, Exhibits
8-K 2019-07-31 Earnings, Regulation FD, Earnings, Exhibits
8-K 2019-06-06 Regulation FD, Other Events
8-K 2019-06-06 Officers, Shareholder Vote, Other Events, Exhibits
8-K 2019-05-13 Regulation FD
8-K 2019-05-01 Earnings, Regulation FD, Earnings, Exhibits
8-K 2019-04-25 Officers
8-K 2019-03-11 Regulation FD
8-K 2019-03-04 Regulation FD
8-K 2019-02-26 Earnings, Regulation FD, Earnings, Exhibits
8-K 2019-02-19 Other Events
8-K 2018-11-16 Regulation FD, Exhibits
8-K 2018-11-09 Regulation FD
8-K 2018-10-31 Enter Agreement, Earnings, Off-BS Arrangement, Regulation FD, Earnings, Exhibits
8-K 2018-10-17 Regulation FD
8-K 2018-10-01 Enter Agreement, Off-BS Arrangement, Regulation FD, Exhibits
8-K 2018-10-01 Regulation FD, Other Events, Exhibits
8-K 2018-09-12 Regulation FD, Exhibits
8-K 2018-08-27 Regulation FD
8-K 2018-08-21 Regulation FD, Exhibits
8-K 2018-08-21 Enter Agreement, Off-BS Arrangement, Regulation FD, Exhibits
8-K 2018-08-07 Regulation FD, Exhibits
8-K 2018-08-07 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2018-07-27 Earnings, Officers, Regulation FD, Earnings, Exhibits
8-K 2018-06-07 Shareholder Vote
8-K 2018-06-04 Regulation FD
8-K 2018-05-24 Officers, Other Events
8-K 2018-05-14 Regulation FD, Exhibits
8-K 2018-05-14 Enter Agreement, Regulation FD, Other Events, Exhibits
8-K 2018-05-02 Earnings, Regulation FD, Earnings, Exhibits
8-K 2018-03-06 Regulation FD
8-K 2018-02-16 Earnings, Amend Bylaw, Regulation FD, Earnings, Exhibits
8-K 2018-01-26 Officers, Regulation FD, Exhibits

Matador Resources Financials

MTDR Metrics, Comps, Filings

Quarterly | Annual

Business

In this Annual Report, references to "we," "our" or the "Company" refer to Matador Resources Company and its subsidiaries as a whole (unless the context indicates otherwise) and references to "Matador" refer solely to Matador Resources Company. For certain oil and natural gas terms used in this Annual Report, see the "Glossary of Oil and Natural Gas Terms" included in this Annual Report.

We are an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Our current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. We also operate in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas. Additionally, we conduct midstream operations, primarily through our midstream joint venture, San Mateo Midstream, LLC ("San Mateo"), in support of our exploration, development and production operations and provide natural gas processing, oil transportation services, oil, natural gas and salt water gathering services and salt water disposal services to third parties.

We are a Texas corporation founded in July 2003 by Joseph Wm. Foran, Chairman and CEO. Mr. Foran began his career as an oil and natural gas independent in 1983 when he founded Foran Oil Company with $270,000 in contributed capital from 17 friends and family members. Foran Oil Company was later contributed to Matador Petroleum Corporation upon its formation by Mr. Foran in 1988. Mr. Foran served as Chairman and Chief Executive Officer of that company from its inception until it was sold in June 2003 to Tom Brown, Inc., in an all cash transaction for an enterprise value of approximately $388.5 million.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarterly)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Kosmos Energy (KOS) 2,589 0% 6.9 4% 4,468 3,577 1,050 0 166 655 4,524
Patterson Uti Energy (PTEN) 1,876 0% -4.8 -12% 4,609 1,666 2,774 0 -541 -560 2,687
PDC Energy (PDCE) 2,044 0% 4.6 3% 4,584 2,224 1,873 0 143 722 3,307
Matador Resources (MTDR) 2,025 0% 4.7 2% 3,937 2,024 737 0 89 418 1,984
Centennial Resource Development (CDEV) 1,267 0% 43.6 0% 4,646 1,392 688 0 7 52 2,253
Tellurian (TELL) 1,904 70% -14.2 -37% 394 191 22 15 -146 -131 1,871
Magnolia Oil & Gas (MGY) 1,882 0% 4.4 2% 3,533 749 706 0 71 477 2,117
Oasis Petroleum (OAS) 1,157 0% 4.4 3% 7,667 3,767 2,188 0 200 901 3,936
Range Resources (RRC) 1,116 84% -3.8 -19% 8,854 4,696 3,356 2,821 -1,675 -1,128 4,277
Jagged Peak Energy (JAG) 1,697 0% 93.7 -1% 2,007 1,071 426 0 -22 26 2,391
Sundance Energy Australia (SNDE) 1,691 0% 802 409 0 0 0 0 1,691
Antero Resources (AR) 1,037 0% 4.6 1% 16,120 8,674 4,579 0 208 1,037 4,741
Whiting Petroleum (WLL) 726 0% 5.7 -1% 7,775 3,605 1,192 0 -94 639 3,610
Southwestern Energy (SWN) 1,103 0% 3.1 16% 6,598 3,463 3,468 0 1,088 1,091 3,366
ENSCO (ESV) 1,658 0% 9.3 4% 19,951 7,764 2,026 0 712 827 7,696
Chesapeake Utilities (CPK) 1,547 0% 16.0 4% 1,714 1,170 652 0 60 126 2,016
Wildhorse Resource Development (WRD) 1,458 0% 8.1 5% 3,255 1,516 1,044 0 147 324 2,634
Callon Petroleum (CPE) 1,017 0% 4.8 6% 4,017 1,548 637 0 248 463 2,206
CNX Resources (CNX) 1,683 0% 4.4 4% 9,286 4,064 1,845 0 374 941 4,183
QEP Resources (QEP) 1,037 0% -9.1 -11% 5,571 335 604 0 -616 -325 2,945

Balance Sheet ($MM)2012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash29425566141588654141711841212132101312097531445384478541
Accounts Receivable18121724222527263233332926342417152528344040506669758168756786
Inventory0
PP&E4574835485916106907498469601,0631,2141,3221,5821,4151,1421,0129909911,0961,1851,3731,5271,6971,8812,0622,2282,9223,1233,2773,3833,560
Assets4975385896326507357968901,0221,1331,2771,4361,6871,5601,2811,1411,1641,0861,1781,4651,6861,7771,8492,1462,2762,5563,1543,4563,5833,7513,937
Accounts Payable617172820362025619151861141611695557141231253267482041
Long-Term Debt
Liabilities831301902532863452433214353464595707656045646526396647407737718158568889138761,4321,6761,7921,9112,024
Stockholders' Equity4144083993793643905535695867878188669229567164885244214376908528909061,1571,2321,5251,5471,6891,6911,7361,795
Income Statement ($MM)2012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue295628525566716974941121547278986744458985135130126154191212223216242279
Cost of Revenue
Gross Profit
R&D
SG&A4433555771089131312121313131616171616181918182020
Tax3-42-0013710181728-26-89-332-10000-8-11313
Net Income4-7-9-21-1625201516183047-50-157-242-230-108-1061210546321850656625-94554
Cash Flow ($MM)2012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating54629443252435232826771932073231831473861601017713611816559135159
Cash Investing-53-84-80-90-85-91-84-107-94-142-174-161-166-128-112-20-58-108-132-108-238-145-223-218-221-273-727-215-180-244
Cash Financing404546445540425570611009070155-1-0141-164263174710217352454711188342