MTDR Q3 2024 Earnings — Matador Resources Company Revenue & Financial Results | Market Cap Arena

MTDRMatador Resources Company

$7B

Q3 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$860M+11.4% YoY

Gross Profit

$383M44.5% margin

Operating Income

$392M45.6% margin

Net Income

$248M28.9% margin

EPS (Diluted)

$1.99

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$610M

Free Cash Flow

$186M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$10.6B

Total Liabilities

$5.5B

Stockholders' Equity

$4.9B

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$860M	$772M	+11.4%
Gross Profit	$383M	$372M	+2.8%
Operating Income	$392M	$340M	+15.3%
Net Income	$248M	$264M	-5.9%

Revenue Segments

Oil Revenues

$698M81%

Natural Gas Revenues

$72M8%

Natural Gas, Sales

$52M6%

Natural Gas, Midstream

$38M4%