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Matador Resources MTDR Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Total Assets by Business
Exploration and Production$10.19B+9.4%$9.74B+6.8%$9.66B+8.6%$9.41B+32.4%$9.31B+36.2%
Midstream$1.83B+10.1%$1.83B+13.6%$1.83B+10.8%$1.77B+29.3%$1.67B+24.8%
Operating Income (Loss) by Business
Exploration and Production$18.57M-94.9%$203.85M-38.5%$265.28M-23.4%$233.67M-29.7%$362.09M+23.9%
Midstream$62.74M+12.2%$68.25M+3.4%$72.31M+1.3%$81.79M+46.4%$55.92M+6.0%
Realized (loss) gain on derivatives by Business
Exploration and Production-$14.49M-634%$8.07M+94.5%$3.95M-12.9%$6.95M+84.3%$2.71M+887%
Midstream$0$0$0$0$0
Other expenses by Business
Exploration and Production$414.61M-3.9%$416.06M-2.5%$441M+31.6%$426.74M+33.8%$431.34M+40.9%
Midstream$67.18M+25.7%$67.62M+11.2%$58.34M+6.9%$50.57M-10.3%$53.42M-2.0%
Operating expense by Business
Exploration and Production$147.18M+0.9%$137.41M+6.1%$150.84M+15.5%$152.02M+28.7%$145.87M+32.2%
Midstream$55.23M+6.6%$59.06M+26.1%$50.53M+15.6%$45.65M+22.5%$51.8M+30.7%
Unrealized (loss) gain on derivatives by Business
Exploration and Production-$255.47M-5,138%$30.37M$19.95M-43.2%-$37.31M-215%$5.07M+144%
Midstream$0$0$0$0$0
Depreciation, Depletion and Amortization by Business
Exploration and Production$275.3M+2.2%$291.4M+3.5%$290.1M+25.3%$289M+34.6%$269.5M+33.9%
Midstream$17M+40.5%$17.3M+54.5%$14.9M+36.7%$13.1M+20.2%$12.1M+12.0%
CapEx by Business
Exploration and Production$479.06M+0.6%$429.75M-6.0%$569.87M-70.2%$389.11M-17.5%$476.15M-13.7%
Midstream$15.73M-79.6%$35.43M-49.9%$72.19M-75.6%$101.49M+97.0%$77.18M-10.7%
Revenues from contracts with customers by Product
Natural gas revenues$30.38M-81.1%$96.29M+34.2%$96.39M+36.3%$160.6M+52.9%
Oil revenues$788.35M+5.2%$713.95M+2.2%$719.38M+2.0%$749.32M+25.2%
Sales of purchased natural gas$80.78M+28.7%$61.34M+31.3%$61.04M+18.1%$67.9M+46.8%$62.76M+26.9%
Third-party midstream services revenues-$93.86M-8.5%-$104.25M-13.9%-$99.28M-21.5%-$95.12M-32.7%-$86.48M-28.1%

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Questions, answered.

How does Matador Resources break its business down?
Matador Resources (MTDR) reports total assets by business across 2 parts — Exploration and Production and Midstream. Each is extracted from the segment footnotes and tracked over time.
Where does Matador Resources's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Matador Resources's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.