Matador Resources (MTDR) FY2021 results: revenue $1.7 billion, up 92.9% on the year
Matador Resources Co. (MTDR) reported revenue of $1.7 billion for fiscal 2021, the year ended 31 December 2021, up 92.9% on the year before. Net income was $585 million, and diluted earnings per share $4.91. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2022.
Revenue
$1.7 billion
+92.9% on the year
FY2014FY2021
Operating margin
47.7%
-60.5% a year earlier
FY2014FY2021
Net income
$585 million
FY2014FY2021
Diluted EPS
$4.91
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,053
478
552
+120.6%
Capital expenditure
838
722
946
+16.1%
Free cash flow
215
-244
-394
Free cash flow margin
13.0%
-28.3%
-40.1%
Cash from investing
-729
-776
-904
Cash from financing
-329
324
333
Depreciation and amortisation
345
362
351
-4.7%
Share-based compensation
9.0
13.6
18.5
-33.7%
Dividends paid
14.6
0.0
0.0
Dividend per share
$0.12
n/a
n/a
Diluted shares, weighted
119m
116m
117m
+2.7%
Shares outstanding at period end
118m
117m
116m
+0.9%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,907
1,287
1,834
+48.2%
Non-controlling interest
220
226
136
-2.8%
Debt
1,528
1,815
1,582
-15.8%
Operating lease liabilities
15.3
21.6
41.5
-29.0%
Finance lease liabilities
0.0
0.3
0.5
-82.4%
Other liabilities
592
337
476
+75.4%
Total liabilities and equity
4,262
3,687
4,070
+15.6%
Fixed assets
3,857
3,368
3,700
+14.5%
Cash and equivalents
48.1
57.9
40.0
-16.9%
Receivables
164
85.1
95.2
+93.0%
Other assets
193
176
235
+9.4%
Total assets
4,262
3,687
4,070
+15.6%
10-K for the year ended 31 December 2021, filed 28 February 2022: the filing.