← Matador Resources Co
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $1.3b | $910.4m | $971.3m | $860.8m | |
| Net Income (Loss) Attributable to Parent | ($97.1m) | $138.0m | $274.2m | $87.8m | ($593.2m) | $585.0m | $1.2b | $846.1m | $885.3m | $759.2m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($97.4m) | $125.9m | $299.8m | $123.0m | ($553.6m) | $640.6m | $1.3b | $910.4m | $971.3m | $860.8m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $364k | $12.1m | $25.6m | $35.2m | $39.6m | $55.7m | $72.1m | $64.3m | $86.0m | $101.5m | |
| Depreciation, Depletion and Amortization | $122.0m | $177.5m | $265.1m | $350.5m | $361.8m | $344.9m | $466.3m | $716.7m | $974.3m | $1.2b | |
| Amortization of Debt Issuance Costs and Discounts | $1.1m | $468k | $1.4m | $2.5m | $2.8m | $3.7m | ($517k) | $7.0m | $16.5m | $14.8m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $466.3m | $716.7m | $974.3m | $1.2b | |
| Deferred Income Tax Expense (Benefit) | $0 | $0 | ($7.2m) | $35.5m | ($45.6m) | $74.7m | $344.5m | $172.1m | $265.3m | $165.6m | |
| Deferred Income Tax | — | — | — | — | — | — | $344.5m | $172.1m | $265.3m | $165.6m | |
| Deferred Tax | — | — | — | — | — | — | $344.5m | $172.1m | $265.3m | $165.6m | |
| Share-based Payment Arrangement, Noncash Expense | $12.4m | $16.7m | $17.2m | $18.5m | $13.6m | $9.0m | $15.1m | $13.7m | $15.0m | $18.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.9m | $5.8m | $6.5m | $3.7m | $1.6m | $8.2m | $19.2m | $22.9m | $17.0m | $12.0m | |
| Share-based Payment Arrangement, Expense | — | $16.7m | $17.2m | $21.6m | $17.6m | $30.0m | $47.1m | $25.6m | $25.5m | $26.5m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | $107.3m | $23k | ($196k) | ($967k) | ($2.8m) | ($331k) | ($1.3m) | ($202k) | $0 | ($589k) | |
| Asset Impairment Charge | — | — | — | — | — | $0 | $0 | — | — | — | |
| Income Tax Expense (Benefit) | ($1.0m) | ($8.2m) | ($7.7m) | $35.5m | ($45.6m) | $74.7m | $399.4m | $186.0m | $292.4m | $172.7m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $171.7m | $208.5m | |
| Operating Lease, Expense | — | — | $93.0m | $117.3m | $105.0m | $109.0m | $157.1m | $243.7m | $341.5m | $415.8m | |
| Other Nonoperating Income (Expense) | $79.1m | ($31.0m) | $1.6m | ($2.1m) | $1.9m | ($2.7m) | ($5.1m) | $8.8m | $696k | $16.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $14.3m | $82.5m | $4.9m | $43.3m | ($53.0m) | $98.5m | $205.4m | ($59.9m) | $138.1m | ($114.3m) | |
| Accretion Expense | $1.2m | $1.3m | $1.5m | $1.8m | $1.9m | $2.1m | $2.4m | $3.9m | $6.0m | $7.8m | |
| Asset Retirement Obligation, Accretion Expense | $1.2m | $1.3m | $1.5m | $1.8m | $1.9m | $2.1m | $2.4m | $3.9m | $6.0m | $7.8m | |
| Gain (Loss) on Sale of Derivatives | $9.3m | ($4.3m) | $2.3m | $9.5m | $38.9m | ($220.1m) | ($157.5m) | ($9.6m) | $12.7m | $21.7m | |
| General and Administrative Expense | $55.1m | $66.0m | $69.3m | $80.1m | $62.6m | $96.4m | $116.2m | $110.4m | $127.5m | $137.1m | |
| Nonoperating Income (Expense) | — | — | ($71.2m) | ($77.0m) | ($77.7m) | ($77.7m) | ($73.6m) | ($112.9m) | ($171.0m) | ($193.1m) | |
| Operating Expenses | — | — | — | — | — | — | — | — | $513.0m | $624.0m | |
| Payments of Financing Costs | — | — | $3.1m | $1.4m | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $100k | $2.9m | $815k | $3.3m | $45k | $1.3m | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | ($41.2m) | $9.7m | $65.1m | ($53.7m) | ($32.0m) | $21.0m | $18.8m | ($1.3m) | $13.3m | $18.1m | |
| Beginning Cash Position | — | — | — | — | — | — | $86.9m | $547.3m | $106.3m | $94.7m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($480.9m) | $902.3m | $1.4b | ($282.6m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.0b) | ($3.2b) | ($3.7b) | ($2.2b) | |
| Change In Account Payable | — | — | — | — | — | — | $63.5m | $2.8m | $33.7m | ($8.9m) | |
| Change In Inventory | — | — | — | — | — | — | ($2.8m) | ($3.0m) | ($10.9m) | ($35.3m) | |
| Change In Other Current Assets | — | — | — | — | — | — | $175k | $646k | $4.1m | ($10k) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($8.0m) | ($402k) | $4.8m | $2.1m | |
| Change In Other Working Capital | — | — | — | — | — | — | $34.3m | ($32.4m) | $63.4m | ($19.2m) | |
| Change In Payable | — | — | — | — | — | — | $86.8m | $37.1m | $89.9m | $114.3m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $86.8m | $37.1m | $89.9m | $114.3m | |
| Change In Prepaid Assets | — | — | — | — | — | ($11.8m) | ($23.0m) | ($11.8m) | — | — | |
| Change In Receivables | — | — | — | — | — | — | ($228.4m) | $48.1m | ($138.1m) | $114.3m | |
| Change In Working Capital | — | — | — | — | — | — | ($117.9m) | $50.0m | $13.1m | $176.2m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($228.4m) | $48.1m | ($138.1m) | $114.3m | |
| Changes In Cash | — | — | — | — | — | — | $460.4m | ($441.0m) | ($11.6m) | ($15.3m) | |
| End Cash Position | — | — | — | — | — | — | $547.3m | $106.3m | $94.7m | $79.5m | |
| Financing Cash Flow | — | — | — | — | — | — | ($480.9m) | $902.3m | $1.4b | ($282.6m) | |
| Free Cash Flow | — | — | — | — | — | — | $894.8m | $318.0m | $280.0m | $241.6m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($18.8m) | $1.3m | ($13.3m) | ($18.1m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.0b) | ($3.2b) | ($3.7b) | ($2.2b) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $0 | $344.7m | $0 | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | $0 | ($1.7b) | $3.3m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($230.9m) | ($187.7m) | ($454.4m) | ($339.1m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($18.8m) | $1.3m | ($13.3m) | ($18.1m) | |
| Other Non Cash Items | — | — | — | — | — | — | $3.2m | $3.7m | $21.2m | $26.9m | |
| Purchase Of Business | — | — | — | — | — | — | $0 | $0 | ($1.8b) | $0 | |
| Purchase Of PPE | — | $873.0m | $1.5b | $946.0m | $721.8m | $837.9m | ($230.9m) | ($187.7m) | ($454.4m) | ($339.1m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | — | $0 | $0 | ($55.8m) | |
| Sale Of Business | — | — | — | — | — | — | $0 | $0 | $113.6m | $3.3m | |
| Stock Based Compensation | — | — | — | — | — | — | $15.1m | $13.7m | $15.0m | $18.3m | |
| Net Cash Provided by (Used in) Operating Activities | $134.1m | $299.1m | $608.5m | $552.0m | $477.6m | $1.1b | $2.0b | $1.9b | $2.2b | $2.4b | |
| Cash flows from investing activities: | |||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($1.1b) | ($1.5b) | ($2.0b) | ($2.2b) | |
| Capital Expenditure Reported | — | — | — | — | — | — | ($853.1m) | ($1.4b) | ($1.5b) | ($1.8b) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | — | — | $0 | $0 | $75.8m | $1.7b | $1.8b | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | $46.5m | ($1.7b) | $12.4m | $22.4m | |
| Net Cash Provided by (Used in) Investing Activities | ($405.6m) | ($824.0m) | ($1.5b) | ($904.0m) | ($775.7m) | ($729.3m) | ($1.0b) | ($3.2b) | ($3.7b) | ($2.2b) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $430.0m | $4.3b | $6.5b | $2.8b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $430.0m | $4.3b | $6.5b | $2.8b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($364.3m) | $1.1b | $1.1b | $70.5m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($364.3m) | $1.1b | $1.1b | $70.5m | |
| Repayments of Long-term Debt | $120.0m | $0 | $370.0m | $35.0m | — | — | — | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($794.3m) | ($3.2b) | ($5.4b) | ($2.7b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($794.3m) | ($3.2b) | ($5.4b) | ($2.7b) | |
| Proceeds from Issuance of Common Stock | $288.5m | $208.7m | $226.6m | $0 | $0 | $0 | $0 | $0 | $344.7m | $0 | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | $344.7m | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | $344.7m | ($55.8m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | — | $55.8m | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | — | — | $14.6m | $35.2m | $77.2m | $104.9m | $163.1m | |
| Common Stock Payments | — | — | — | — | — | — | — | $0 | $0 | ($55.8m) | |
| Proceeds from Noncontrolling Interests | $0 | $44.1m | $85.8m | $77.3m | $119.7m | $0 | $0 | $24.5m | $19.1m | $0 | |
| Proceeds from (Payments to) Noncontrolling Interests | $0 | ($2.7m) | $0 | $0 | — | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($35.2m) | ($77.2m) | ($104.9m) | ($163.1m) | |
| Common Stock Dividend Paid | — | — | — | — | — | ($14.6m) | ($35.2m) | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | $6.7m | ($629k) | ($592k) | ($16.0m) | ($3.8m) | ($1.5m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($81.3m) | ($72.3m) | $34.6m | ($134.2m) | |
| Net Cash Provided by (Used in) Financing Activities | $467.7m | $408.5m | $888.2m | $333.1m | $324.3m | ($328.6m) | ($480.9m) | $902.3m | $1.4b | ($282.6m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $84.0m | $65.1m | $91.4m | $86.9m | $547.3m | $106.3m | $94.7m | $79.5m | |
| Restricted Cash and Investments, Current | $1.3m | $6.0m | — | — | — | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $460.4m | ($441.0m) | ($11.6m) | ($15.3m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $27.5m | $32.8m | $29.5m | $75.5m | $76.9m | $74.8m | $72.6m | $111.7m | $160.3m | $196.4m | |
| Income Taxes Paid, Net | ($1.9m) | $5.8m | ($6.5m) | ($3.7m) | ($1.6m) | ($8.2m) | ($19.2m) | $4.6m | $30.0m | $50.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.