MTDR Q1 2024 Earnings — Matador Resources Company Revenue & Financial Results | Market Cap Arena

MTDRMatador Resources Company

$7B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$785M+39.3% YoY

Gross Profit

$348M44.3% margin

Operating Income

$319M40.6% margin

Net Income

$194M24.7% margin

EPS (Diluted)

$1.61

QoQ Revenue Growth

-5.6%

Cash Flow

Operating Cash Flow

$469M

Free Cash Flow

-$76M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$8.2B

Total Liabilities

$3.6B

Stockholders' Equity

$4.4B

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$785M	$564M	+39.3%
Gross Profit	$348M	$278M	+25.0%
Operating Income	$319M	$251M	+26.9%
Net Income	$194M	$163M	+18.8%

Revenue Segments

Oil Revenues

$599M76%

Natural Gas Revenues

$105M13%

Natural Gas, Sales

$49M6%

Natural Gas, Midstream

$32M4%