Matador Resources Co (Matador Resources Co) Interest Expense

: $-122 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Matador Resources Co's interest expense for the three months ended in Dec. 2023 was $ -36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-122 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Matador Resources Co's Operating Income for the three months ended in Dec. 2023 was $ 362 Mil. Matador Resources Co's Interest Expense for the three months ended in Dec. 2023 was $ -36 Mil. Matador Resources Co's Interest Coverage for the quarter that ended in Dec. 2023 was 10.13. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Matador Resources Co Interest Expense Historical Data

The historical data trend for Matador Resources Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Matador Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-73.87

-76.69

-74.69

-67.16

-121.52

Matador Resources Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-16.42	-16.18	-34.23	-35.41	-35.71

Matador Resources Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-122 Mil.

Matador Resources Co (NYSE:MTDR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Matador Resources Co's Interest Expense for the three months ended in Dec. 2023 was $-36 Mil. Its Operating Income for the three months ended in Dec. 2023 was $362 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,207 Mil.

Matador Resources Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	361.749	/	-35.707
	=	10.13

The higher the ratio, the stronger the company's financial strength is.

Matador Resources Co (Matador Resources Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Matador Resources Co (NYSE:MTDR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

7MR:Germany 7MR:Germany

Address

5400 LBJ Freeway, Suite 1500, One Lincoln Centre, Dallas, TX, USA, 75240

Website

https://www.matadorresources.com

Matador Resources Co is an independent energy company engaged in the exploration, development, production, and acquisition of oil and natural gas resources. The majority of the company's assets are located in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Along with maintaining a portfolio of oil and natural gas properties, Matador works to identify and develop midstream opportunities that support and enhance its exploration and development business. The company often uses advanced formation evaluation, 3-D seismic technology, horizontal drilling, and hydraulic fracturing technology to enhance the development of the basins in which it operates.

Executives

Shelley F Appel	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Robert T Macalik	officer: VP, Chief Accounting Officer	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Timothy E. Parker	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Robert Gaines Baty	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Joseph Wm Foran	director, officer: Chairman, CEO and President	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
William M Byerley	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Monika U Ehrman	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Billy E Goodwin	officer: SVP - Operations	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
William Thomas Elsener	officer: EVP, Reservoir Engineering	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Reynald Baribault	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Michael D Frenzel	officer: SVP, Treasurer (PFO)	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Brian J Willey	officer: SVP, President of Midstream	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Craig N Adams	officer: VP and General Counsel	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
James M Howard	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Craig T Burkert	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240