Matador Resources (MTDR) Operating Expenses (2011 - 2026)

Matador Resources' (MTDR) quarterly Operating Expenses came in at $624.8 million in Q1 2026, little changed year-on-year from $624.8 million in Q1 2025, and up 3.23% on a QoQ basis from $605.2 million 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 $624.8 million in Q1 2026.

  • On a quarterly basis, Operating Expenses changed 0.0% year-over-year to $624.8 million in Q1 2026; TTM through Mar 2026 was $2.0 billion, a 31.63% decrease from a year earlier, with the FY2025 full-year figure at $2.5 billion, up 19.29% from the prior year.
  • Operating Expenses for Q1 2026 stood at $624.8 million, up from $605.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for MTDR reached as high as $1.7 billion in Q4 2024 and fell as low as $115.9 million in Q1 2024.
  • Historically, Operating Expenses has averaged $469.0 million across 5 years, with a median of $385.8 million in 2023.
  • Across the five-year window, Operating Expenses plunged 69.81% in 2024 and soared 439.01% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $335.8 million in 2022, then jumped by 40.13% to $470.5 million in 2023, then jumped by 262.91% to $1.7 billion in 2024, then slumped by 64.56% to $605.2 million in 2025, then climbed by 3.23% to $624.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $624.8 million in Q1 2026, $605.2 million in Q4 2025, and $633.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 2.28 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 4.32 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 4.12 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 4.86 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 60.22 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 54.49 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 3.64 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 2.87 Bn
10 Matador Resources 5.83 Bn 5.71 Bn 926.76 Mn 624.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 624.82 Mn
Dec 31, 2025 605.24 Mn
Sep 30, 2025 633.04 Mn
Jun 30, 2025 151.37 Mn
Mar 31, 2025 624.81 Mn
Dec 31, 2024 1.71 Bn
Sep 30, 2024 130.50 Mn
Jun 30, 2024 483.52 Mn
Mar 31, 2024 115.92 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