Matador Resources (MTDR) Operating Expenses (2011 - 2026)
Matador Resources (MTDR) reported Operating Expenses of $162.8 million for Q1 2026, up 4.19% year-over-year from $156.2 million in Q1 2025, and up 113.12% quarter-over-quarter from -$1.2 billion in Q4 2025.
Matador Resources (MTDR) Operating Expenses (2011 - 2026) Analysis & Trends
Matador Resources (MTDR) has 16 years of Operating Expenses data on file, last reported at $162.8 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $162.8 million, up 4.19% year-over-year; the trailing twelve-month figure through Mar 2026 was -$313.1 million (down 158.77% YoY), and the FY2025 annual result was $624.0 million, up 26.68% from the prior year.
- Operating Expenses rose to $162.8 million in Q1 2026 per MTDR's latest filing, from -$1.2 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $606.6 million in Q2 2025 and troughed at -$1.2 billion in Q4 2025.
- A 5-year average of $210.9 million and a median of $308.8 million in 2023 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 421.68% in 2025 and fell as far as 1055.47% in 2025.
- A 5-year view of Operating Expenses shows it stood at $335.8 million in 2022, then jumped by 40.13% to $470.5 million in 2023, then tumbled by 72.41% to $129.8 million in 2024, then tumbled by 1055.47% to -$1.2 billion in 2025, then soared by 113.12% to $162.8 million in 2026.
- Business Quant data shows MTDR's Operating Expenses at $162.8 million in Q1 2026, -$1.2 billion in Q4 2025, and $158.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 1.04 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 2.28 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 4.32 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 1.12 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 4.12 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -52.32 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 54.87 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 103.33 Mn |
| 10 | Matador Resources | 6.62 Bn | 6.83 Bn | 926.76 Mn | 162.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 162.75 Mn |
| Dec 31, 2025 | -1.24 Bn |
| Sep 30, 2025 | 158.01 Mn |
| Jun 30, 2025 | 606.65 Mn |
| Mar 31, 2025 | 156.21 Mn |
| Dec 31, 2024 | 129.84 Mn |
| Sep 30, 2024 | 130.50 Mn |
| Jun 30, 2024 | 116.29 Mn |
| Mar 31, 2024 | 468.74 Mn |
| Dec 31, 2023 | 470.52 Mn |
| Sep 30, 2023 | 432.28 Mn |
| Jun 30, 2023 | 385.82 Mn |
| Mar 31, 2023 | 308.84 Mn |
| Dec 31, 2022 | 335.78 Mn |
| Sep 30, 2022 | 357.65 Mn |
| Jun 30, 2022 | 348.94 Mn |
| Mar 31, 2022 | 256.39 Mn |
| Dec 31, 2021 | 241.24 Mn |
| Sep 30, 2021 | 242.17 Mn |
| Jun 30, 2021 | 212.32 Mn |