Matador Resources Company (MTDR) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 470.55M | 474.45M | 721.66M | 501.03M | 727.88M | 574.96M | 610.44M | 592.93M | 468.56M | 618.35M | 460.97M | 449.01M | 339.5M | 446.52M | 556.96M | 646.3M | 328.95M | 334.53M | 291.23M | 258.2M |
| Operating CF Margin % | 70.06% | 55.95% | 78.86% | 54.13% | 72.34% | 58.77% | 70.97% | 69.33% | 59.66% | 74.3% | 59.73% | 69.09% | 60.23% | 63.12% | 66.23% | 66.31% | 58.15% | 59.49% | 55.93% | 58.31% |
| Operating CF Growth % | -35.35% | -17.48% | 18.22% | -15.5% | 55.34% | -7.02% | 32.42% | 32.05% | 38.02% | 38.48% | -17.23% | -30.53% | 3.21% | 33.48% | 91.24% | 150.31% | 94.19% | 112.23% | 165.78% | 155.61% |
| Net Income | -15.82M | 192.55M | 200.62M | 182.36M | 262.25M | 237.95M | 272.68M | 247.53M | 213.19M | 275.94M | 278.4M | 177.09M | 178.92M | 271.91M | 354.03M | 436.19M | 224.19M | 231.25M | 218.06M | 121.83M |
| Depreciation & Amortization | 292.7M | 305.51M | 305.35M | 302.6M | 281.89M | 293.23M | 242.82M | 225.93M | 212.31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 4.52M | 3.69M | 6.18M | 4.57M | 3.89M | 4.89M | 4.28M | 2.97M | 2.84M | 2.88M | 4.56M | 3.93M | 2.29M | 4.24M | 3.81M | 4.06M | 3.01M | 3.42M | 2.97M | 1.79M |
| Deferred Taxes | -684K | -26.19M | 98.46M | 33.37M | 59.94M | 61.5M | 106.42M | 47.88M | 49.51M | 52.49M | 5.63M | 62.23M | 51.74M | 77.99M | 113.67M | 99.7M | 53.12M | 73.22M | -6.7M | 5.35M |
| Other Non-Cash Items | 283.52M | -168K | -12.24M | 43.66M | 528K | 17.72M | -31.12M | 17.77M | 3.51M | 209.08M | 204.33M | 173.34M | 134.93M | 112.14M | 75.68M | 90.37M | 172.57M | -6.82M | 81.57M | 135.69M |
| Working Capital Changes | -93.69M | -938K | 123.28M | -65.54M | 119.39M | -40.34M | 15.37M | 50.84M | -12.79M | 77.95M | -31.94M | 32.41M | -28.39M | -19.75M | 9.77M | 15.97M | -123.93M | 33.46M | -4.67M | -6.46M |
| Change in Receivables | -188.68M | 105.26M | 16.35M | -18.6M | 11.27M | -62.23M | -20.82M | 433K | -55.52M | 56.47M | -52.98M | 15.5M | 40.91M | -35.33M | 40.92M | -85.68M | -125.34M | 12.77M | -32.32M | -39.22M |
| Change in Inventory | 1.05M | -3.01M | -10.35M | -11.12M | -10.83M | -2.35M | -1.21M | -5.34M | -2.04M | 7.19M | -2.99M | -2.81M | -4.42M | -1.11M | -903K | -751K | -78K | -358K | -742K | -549K |
| Change in Payables | 113.46M | -51.64M | 36.43M | -37.81M | 44.09M | -12.18M | 17.25M | 17.47M | 11.21M | -15.88M | 46.92M | 11.64M | -39.87M | 12.38M | 20.59M | 36.16M | -5.67M | 16.27M | 26.27M | 25.79M |
| Cash from Investing | -457.94M | -588.05M | -562.96M | -495.01M | -511.66M | -391.4M | -2.16B | -576.83M | -543.32M | -548.87M | -423.59M | -1.9B | -343.47M | -276.36M | -240.12M | -269.11M | -251.9M | -345.59M | -132.56M | -142.23M |
| Capital Expenditures | 0 | -588.05M | -136.71M | -43.46M | -81.66M | -132.62M | -65.72M | -53.85M | -202.26M | -67.07M | -64.69M | 47.97M | -103.86M | -20.82M | -61.14M | -105.17M | -43.76M | -208.89M | -14.36M | -8.68M |
| CapEx % of Revenue | 68.31% | 69.35% | 14.94% | 4.69% | 8.12% | 13.56% | 7.64% | 6.3% | 25.75% | 8.06% | 8.38% | 7.38% | 18.43% | 2.94% | 7.27% | 10.79% | 7.74% | 37.15% | 2.76% | 1.96% |
| Acquisitions | 0 | 3.26M | -3.26M | 0 | 0 | 113.58M | -1.74B | 0 | 0 | 0 | 1.61B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -457.94M | -3.26M | -422.99M | -451.56M | -430M | -372.36M | -358.89M | -522.99M | -341.05M | -481.8M | -1.97B | -1.94B | -239.6M | -255.54M | -178.97M | -163.94M | -208.13M | -136.7M | -118.19M | -133.55M |
| Cash from Financing | 387K | 96.69M | -149.1M | 3.25M | -233.44M | -165.84M | 1.56B | -26.52M | 42.78M | -25.36M | -41.04M | 1.01B | -39.94M | -64.56M | -157.41M | -215.07M | -43.82M | -9.81M | -130.09M | -85.02M |
| Debt Issued (Net) | 50.07M | 179.12M | -68M | 108M | -150.5M | -270.5M | 1.62B | 21.81M | -236M | 17M | -15M | 1.04B | 10M | -35.34M | -121.56M | -177.4M | -30M | 7.5M | -115M | -81.5M |
| Equity Issued (Net) | -707K | -5.14M | -6.46M | -44.78M | -10.54M | -2.44M | -79K | -925K | -13.52M | -77K | -43K | -3.88M | -18.91M | -978K | -1.41M | -4.67M | -12.18M | -4.26M | -1.28M | -1.16M |
| Dividends Paid | -46.82M | -46.28M | -38.66M | -38.97M | -39.18M | -31.28M | -24.85M | -24.89M | -23.86M | -23.71M | -17.78M | -17.92M | -17.77M | -11.75M | -11.75M | -5.88M | -5.87M | -5.84M | -2.92M | -2.91M |
| Share Repurchases | -707K | -5.14M | -6.46M | -44.78M | -10.54M | -2.44M | -79K | -925K | -13.52M | -77K | -43K | -3.88M | -18.91M | -978K | -1.41M | -4.67M | -12.18M | -4.26M | -1.28M | -1.16M |
| Other Financing | -2.16M | -31.01M | -35.98M | -20.99M | -33.22M | 138.37M | -35.82M | -22.51M | 316.15M | -18.57M | -8.22M | -9.34M | -13.26M | -16.48M | -22.69M | -27.12M | 4.23M | -7.21M | -10.9M | 554K |
| Net Change in Cash | 12.99M | -16.91M | 9.6M | 9.27M | -17.23M | 17.72M | 13.12M | -10.42M | -31.97M | 44.12M | -3.66M | -437.59M | -43.9M | 105.61M | 159.44M | 162.13M | 33.24M | -20.87M | 28.58M | 30.95M |
| Free Cash Flow | 11.75M | -113.6M | 158.53M | 2.73M | 193.98M | 58.52M | 185.83M | 111.34M | -75.65M | 123.16M | 37.1M | 82.17M | -4.42M | 170.17M | 316.75M | 342.69M | 65.15M | -11.06M | 154.76M | 115.96M |
| FCF Margin % | 1.75% | -13.4% | 17.32% | 0.3% | 19.28% | 5.98% | 21.6% | 13.02% | -9.63% | 14.8% | 4.81% | 12.64% | -0.78% | 24.05% | 37.67% | 35.16% | 11.52% | -1.97% | 29.72% | 26.18% |
| FCF Growth % | -93.94% | -294.13% | -14.69% | -97.55% | 356.41% | -52.49% | 400.89% | 35.5% | -1612.77% | -27.62% | -88.29% | -76.02% | -106.78% | 1638.85% | 104.68% | 195.53% | 8.18% | -125.78% | 260.64% | 204.86% |
| FCF per Share | 0.10 | -0.91 | 1.27 | 0.02 | 1.55 | 0.47 | 1.49 | 0.89 | -0.63 | 1.03 | 0.31 | 0.69 | -0.04 | 1.42 | 2.64 | 2.86 | 0.54 | -0.09 | 1.30 | 0.97 |
| FCF Conversion (FCF/Net Income) | -13.12x | 2.46x | 4.09x | 3.34x | 3.03x | 2.68x | 2.46x | 2.59x | 2.42x | 2.43x | 1.75x | 2.73x | 2.08x | 1.76x | 1.65x | 1.55x | 1.59x | 1.56x | 1.43x | 2.44x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 75.87M | 0 | 0 | 0 | 0 | 0 | 0 | 26.23M | 5.64M | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | -4.28M | 2M | 0 | 0 | 0 | 0 | 0 | 0 | 15M | 0 | 0 | 0 | 0 | 0 | 0 |