MTDR Q3 2023 Earnings — Matador Resources Company Revenue & Financial Results | Market Cap Arena

MTDRMatador Resources Company

$7B

Q3 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$772M-8.2% YoY

Gross Profit

$372M48.3% margin

Operating Income

$340M44.1% margin

Net Income

$264M34.2% margin

EPS (Diluted)

$2.20

QoQ Revenue Growth

+18.8%

Cash Flow

Operating Cash Flow

$461M

Free Cash Flow

$37M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$3.6B

Stockholders' Equity

$3.7B

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$772M	$841M	-8.2%
Gross Profit	$372M	$512M	-27.2%
Operating Income	$340M	$483M	-29.6%
Net Income	$264M	$338M	-21.9%

Revenue Segments

Oil Revenues

$588M76%

Natural Gas Revenues

$113M15%

Natural Gas, Sales

$40M5%

Natural Gas, Midstream

$30M4%