Matador Resources (MTDR) Change in Taxes (2012 - 2024)
Matador Resources (MTDR) posted quarterly Change in Taxes of -$15.8 million for Q3 2024, down 249.71% year-over-year from $10.5 million in Q4 2023, and down 624.83% quarter-over-quarter from -$2.2 million in Q2 2024.
Matador Resources (MTDR) Change in Taxes (2012 - 2024) Analysis & Trends
Matador Resources (MTDR) has reported Change in Taxes for 8 consecutive years, with -$15.8 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Change in Taxes fell 249.71% year-over-year to -$15.8 million; the TTM figure through Sep 2024 stood at $8.6 million (up 133.27% YoY), while the FY2016 annual figure was -$2.8 million, down 218.42% from the prior year.
- Change in Taxes retreated to -$15.8 million in Q3 2024 per MTDR's latest filing, from -$2.2 million in the prior quarter.
- Across five years, Change in Taxes topped out at $22.8 million in Q2 2022 and bottomed at -$34.7 million in Q3 2022.
- Historically, Change in Taxes has averaged $1.2 million across 3 years, with a median of $723000.0 in 2023.
- On a YoY basis, Change in Taxes climbed as much as 2116.46% in 2024 and fell as far as 249.71% in 2024.
- Matador Resources' Change in Taxes stood at -$34.7 million in 2022, then soared by 130.38% to $10.5 million in 2023, then plunged by 249.71% to -$15.8 million in 2024.
- Business Quant data shows MTDR's Change in Taxes at -$15.8 million in Q3 2024, -$2.2 million in Q2 2024, and $16.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | - |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 454.72 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | -69.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | -287.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | -32.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | -8.34 Mn |
| 10 | Matador Resources | 7.27 Bn | 7.23 Bn | 1.17 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -15.79 Mn |
| Sep 30, 2024 | -15.79 Mn |
| Jun 30, 2024 | -2.18 Mn |
| Jun 30, 2024 | -2.18 Mn |
| Mar 31, 2024 | 16.03 Mn |
| Mar 31, 2024 | 16.03 Mn |
| Sep 30, 2023 | 10.55 Mn |
| Sep 30, 2023 | 10.55 Mn |
| Jun 30, 2023 | -2.40 Mn |
| Jun 30, 2023 | -2.40 Mn |
| Mar 31, 2023 | 723,000.00 |
| Mar 31, 2023 | 723,000.00 |
| Sep 30, 2022 | -34.73 Mn |
| Sep 30, 2022 | -34.73 Mn |
| Jun 30, 2022 | 22.76 Mn |
| Jun 30, 2022 | 22.76 Mn |
| Mar 31, 2022 | 15.41 Mn |
| Mar 31, 2022 | 15.41 Mn |
| Jun 30, 2016 | -385,000.00 |
| Jun 30, 2016 | -385,000.00 |