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Matador Resources MTDR Third-party midstream services revenues — Midstream operating

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Other financials

Income statement

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Revenue$671.6M-33.8%
Gross profit$872.0M+4.5%
Operating income$46.8M-88.0%
Net income-$35.9M-115%
EPS (diluted)-$0.29-115%

Balance sheet

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Cash & equivalents$92.5M+19.3%
Total debt$918.0M+40.2%
Total equity$5.6B+5.6%
Total assets$12.2B+9.9%

Cash flow

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Operating cash flow$470.5M-35.4%
CapEx$2.1M+126%
Free cash flow$468.4M-35.6%

Valuation

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Market cap$6.15B+22.7%

Profitability

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Gross margin94.4%-0.9pp
Operating margin26.4%-14.0pp
Net margin14.4%-10.6pp
FCF margin64.5%-2.5pp

Returns & leverage

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Return on equity8.9%-10.3pp
Debt / equity0.2×0.0×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by Matador Resources in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Matador Resources’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Matador Resources's third-party midstream services revenues — midstream operating?
Matador Resources (MTDR) reported third-party midstream services revenues — midstream operating of $55.23M in Q1 2026.
How has Matador Resources's third-party midstream services revenues — midstream operating changed year-over-year?
Matador Resources's third-party midstream services revenues — midstream operating increased by 6.6% year-over-year, from $51.8M to $55.23M.
What does third-party midstream services revenues — midstream operating mean?
This metric captures the direct operating revenues specifically associated with the functional operation of midstream gathering and processing facilities for third-party clients. It serves as a key indicator of the operational utilization and throughput efficiency of the company's midstream infrastructure network. Investors use this to assess the stability and scale of recurring service-based cash flows independent of commodity price volatility.