MTDR Q1 2023 Earnings — Matador Resources Company Revenue & Financial Results | Market Cap Arena

MTDRMatador Resources Company

$7B

Q1 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$564M-0.4% YoY

Gross Profit

$278M49.3% margin

Operating Income

$251M44.6% margin

Net Income

$163M28.9% margin

EPS (Diluted)

$1.36

QoQ Revenue Growth

-20.3%

Cash Flow

Operating Cash Flow

$340M

Free Cash Flow

-$4M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$5.8B

Total Liabilities

$2.3B

Stockholders' Equity

$3.3B

Cash & Equivalents

$449M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$564M	$566M	-0.4%
Gross Profit	$278M	$340M	-18.1%
Operating Income	$251M	$309M	-18.7%
Net Income	$163M	$207M	-21.2%

Revenue Segments

Oil Revenues

$402M71%

Natural Gas Revenues

$101M18%

Natural Gas, Sales

$34M6%

Natural Gas, Midstream

$27M5%