GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Matador Resources Co (NYSE:MTDR) » Definitions » Scaled Net Operating Assets

Matador Resources Co (Matador Resources Co) Scaled Net Operating Assets : 0.85 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Matador Resources Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Matador Resources Co's operating assets for the quarter that ended in Mar. 2024 was $8,204 Mil. Matador Resources Co's operating liabilities for the quarter that ended in Mar. 2024 was $1,620 Mil. Matador Resources Co's Total Assets for the quarter that ended in Dec. 2023 was $7,727 Mil. Therefore, Matador Resources Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.85.


Matador Resources Co Scaled Net Operating Assets Historical Data

The historical data trend for Matador Resources Co's Scaled Net Operating Assets 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.

* Premium members only.

Matador Resources Co Scaled Net Operating Assets Chart

Matador Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.81 0.99 0.94 1.13

Matador Resources Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 1.00 0.85 0.84 0.85

Competitive Comparison of Matador Resources Co's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Matador Resources Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Matador Resources Co's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Matador Resources Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Matador Resources Co's Scaled Net Operating Assets falls into.



Matador Resources Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Matador Resources Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(7674.334-1392.681)/5554.505
=1.13

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7726.996 - 52.662
=7674.334

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3599.308 - 2206.627 - 0
=1392.681

Matador Resources Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(8204.121-1619.6)/7726.996
=0.85

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8227.329 - 23.208
=8204.121

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3591.167 - 1971.567 - 0
=1619.6

* 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.


Matador Resources Co Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Matador Resources Co's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Matador Resources Co (Matador Resources Co) Business Description

Industry
Traded in Other Exchanges
Address
5400 LBJ Freeway, Suite 1500, One Lincoln Centre, Dallas, TX, USA, 75240
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