Matador Resources (MTDR) Accumulated Expenses (2011 - 2025)
Matador Resources' Accumulated Expenses came in at $317.76 million for Q4 2025, down 28.0% from $441.48 million a year earlier and down 42.1% from the prior quarter.
Powered by 
Analysis
Matador Resources (MTDR) Accumulated Expenses (2011 - 2025) Analysis & Trends
Going back to Q4 2011, Matador Resources' Accumulated Expenses data covers 57 quarters.
- Accumulated Expenses carries a five-year compound annual growth rate of 21.7% (FY2020 to FY2025).
- Going back by year, Accumulated Expenses was $441.48 million in FY2024 (+20.7%), $365.85 million in FY2023 (+40.0%), $261.31 million in FY2022 (+3.2%) and $253.28 million in FY2021 (+112.6%).
- The Q4 2025 figure represents the lowest quarterly Accumulated Expenses since Q4 2022.
- Year-over-year, Accumulated Expenses increased in seven of the last eight quarters, with growth averaging 13.4%.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q4 2021 (growth of 112.6%), and the weakest in Q4 2025 (a decline of 28.0%).
- Business Quant data shows MTDR's Accumulated Expenses at $548.36 million (Q3 2025), $437.19 million (Q2 2025) and $498.56 million (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Matador Resources | 6.40 Bn | 6.63 Bn | 1.13 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 317.76 Mn |
| Sep 30, 2025 | 548.36 Mn |
| Jun 30, 2025 | 437.19 Mn |
| Mar 31, 2025 | 498.56 Mn |
| Dec 31, 2024 | 441.48 Mn |
| Sep 30, 2024 | 474.24 Mn |
| Jun 30, 2024 | 388.35 Mn |
| Mar 31, 2024 | 419.79 Mn |
| Dec 31, 2023 | 365.85 Mn |
| Sep 30, 2023 | 367.20 Mn |
| Jun 30, 2023 | 350.34 Mn |
| Mar 31, 2023 | 328.91 Mn |
| Dec 31, 2022 | 261.31 Mn |
| Sep 30, 2022 | 306.54 Mn |
| Jun 30, 2022 | 226.31 Mn |
| Mar 31, 2022 | 221.84 Mn |
| Dec 31, 2021 | 253.28 Mn |
| Sep 30, 2021 | 175.63 Mn |
| Jun 30, 2021 | 151.05 Mn |
| Mar 31, 2021 | 143.07 Mn |
API Access
Matador Resources Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MTDR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "MTDR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MTDR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();