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
DateValue
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