Matador Resources (MTDR) Operating Expenses (2011 - 2026)
Matador Resources' (MTDR) quarterly Operating Expenses came in at $609.1 million in Q2 2026, little changed year-over-year from $606.6 million in Q2 2025, and down 2.52% quarter-over-quarter from $624.8 million in Q1 2026.
Analysis
Matador Resources (MTDR) Operating Expenses (2011 - 2026) Analysis & Trends
Matador Resources (MTDR) has reported Operating Expenses for 16 consecutive years, with $609.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses changed 0.4% year-over-year to $609.1 million in Q2 2026; TTM through Jun 2026 was $2.5 billion, a 5.22% increase from a year earlier, with the FY2025 full-year figure at $2.5 billion, up 19.29% from the prior year.
- Operating Expenses was $609.1 million for Q2 2026 at Matador Resources, down from $624.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $633.0 million in Q3 2025 and troughed at $256.4 million in Q1 2022.
- A 5-year average of $481.7 million and a median of $477.0 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 64.35% in 2022 and slipped 0.83% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $335.8 million in 2022, then soared by 40.13% to $470.5 million in 2023, then rose by 29.71% to $610.3 million in 2024, then fell by 0.83% to $605.2 million in 2025, then rose by 0.63% to $609.1 million in 2026.
- The last three Operating Expenses figures came in at $609.1 million (Q2 2026), $624.8 million (Q1 2026), and $605.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 165.84 Bn | 158.15 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 107.71 Bn | 105.82 Bn | 8.84 Bn | 114.95 Mn |
| 3 | Eog Resources | 77.04 Bn | 72.13 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 57.21 Bn | 56.75 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 46.03 Bn | 45.03 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Expand Energy | 22.85 Bn | 21.58 Bn | 2.33 Bn | 2.30 Bn |
| 7 | Permian Resources | 19.91 Bn | 19.65 Bn | - | 929.86 Mn |
| 8 | Ovintiv | 17.93 Bn | 17.04 Bn | 2.83 Bn | 2.02 Bn |
| 9 | Apa | 15.82 Bn | 15.38 Bn | 2.28 Bn | 1.12 Bn |
| 10 | Matador Resources | 7.59 Bn | 7.55 Bn | 1.17 Bn | 609.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 609.07 Mn |
| Mar 31, 2026 | 624.82 Mn |
| Dec 31, 2025 | 605.24 Mn |
| Sep 30, 2025 | 633.04 Mn |
| Jun 30, 2025 | 606.65 Mn |
| Mar 31, 2025 | 624.81 Mn |
| Dec 31, 2024 | 610.30 Mn |
| Sep 30, 2024 | 507.73 Mn |
| Jun 30, 2024 | 483.52 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 |