Matador Resources Company Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	781.21	885.32	846.07	1,214	584.97	-593.21
Depreciation & Amortization	1,190	980.33	720.63	468.77	346.97	363.78
Other Amortization	15.28	16.53	7.05	-0.52	3.66	-
Loss (Gain) From Sale of Assets	-	-	0.2	1.31	0.33	2.83
Asset Writedown & Restructuring Costs	-	-	-	-	-	684.74
Stock-Based Compensation	19.53	14.98	13.66	15.12	9.04	13.63
Other Operating Activities	382.23	336.64	230.19	397.78	109.37	28.89
Change in Accounts Receivable	-53.21	-138.14	48.14	-228.38	-98.46	53
Change in Inventory	-34.65	-10.93	-3.03	-2.85	-1.54	-0.66
Change in Accounts Payable	32.47	33.75	2.81	63.46	76.89	-43.84
Change in Other Net Operating Assets	192.18	128.4	2.12	49.84	22.12	-31.58
Operating Cash Flow	2,526	2,247	1,868	1,979	1,053	477.58
Operating Cash Flow Growth	10.27%	20.29%	-5.61%	87.85%	120.56%	-13.49%
Capital Expenditures	-2,112	-1,967	-1,550	-1,084	-733.48	-780.46
Sale of Property, Plant & Equipment	33.9	12.37	14.75	46.51	4.22	4.79
Cash Acquisitions	-	-1,831	-1,676	-	-	-
Investment in Securities	116.84	113.58	-	-	-	-
Investing Cash Flow	-1,961	-3,672	-3,211	-1,037	-729.27	-775.67
Long-Term Debt Issued	-	6,541	4,255	430	395	266
Long-Term Debt Repaid	-	-5,402	-3,203	-794.3	-684	-35
Net Debt Issued (Repaid)	-381	1,139	1,052	-364.3	-289	231
Issuance of Common Stock	27.71	372.38	-	-	-	-
Repurchase of Common Stock	-64.97	-16.96	-22.91	-19.24	-8.21	-1.56
Common Dividends Paid	-148.09	-104.88	-77.18	-35.25	-14.58	-
Other Financing Activities	21.21	23.82	-49.38	-62.06	-16.76	94.9
Financing Cash Flow	-545.13	1,414	902.33	-480.85	-328.55	324.34
Net Cash Flow	19.36	-11.56	-441.03	460.41	-4.46	26.26
Free Cash Flow	413.76	280.04	318.02	894.76	319.88	-302.87
Free Cash Flow Growth	20.04%	-11.94%	-64.46%	179.72%	-	-
Free Cash Flow Margin	11.63%	8.66%	12.15%	27.99%	17.18%	-35.59%
Free Cash Flow Per Share	3.31	2.26	2.65	7.45	2.68	-2.61
Cash Interest Paid	186.6	160.27	111.74	72.56	74.84	76.88
Cash Income Tax Paid	46.22	30	4.6	63.5	-	-
Levered Free Cash Flow	51.18	-107.16	-97.2	331.71	166.9	-404.44
Unlevered Free Cash Flow	169.31	-16.39	-28.3	374.2	209.92	-356.5
Change in Working Capital	136.79	13.08	50.03	-117.94	-0.98	-23.08

Source: S&P Global Market Intelligence. Standard template. Financial Sources.