MTDR Q2 2023 Earnings — Matador Resources Company Revenue & Financial Results | Market Cap Arena

MTDRMatador Resources Company

$7B

Q2 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$650M-33.3% YoY

Gross Profit

$292M44.9% margin

Operating Income

$252M38.8% margin

Net Income

$165M25.3% margin

EPS (Diluted)

$1.37

QoQ Revenue Growth

+15.3%

Cash Flow

Operating Cash Flow

$449M

Free Cash Flow

$82M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$3.5B

Stockholders' Equity

$3.4B

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$650M	$975M	-33.3%
Gross Profit	$292M	$651M	-55.2%
Operating Income	$252M	$595M	-57.6%
Net Income	$165M	$416M	-60.4%

Revenue Segments

Oil Revenues

$510M79%

Natural Gas Revenues

$78M12%

Natural Gas, Sales

$32M5%

Natural Gas, Midstream

$30M5%