Matador Resources Co., a prominent player in the oil and natural gas industry, is headquartered in the United States, with significant operations in the Delaware Basin and other key regions. Founded in 2003, the company has achieved notable milestones, including its successful public listing in 2017, which has bolstered its market presence. Specialising in the exploration and production of hydrocarbons, Matador Resources distinguishes itself through its strategic asset management and innovative drilling techniques. The company’s commitment to operational efficiency and sustainability has positioned it as a leader in the energy sector. With a robust portfolio of core products and services, Matador continues to enhance its reputation, making significant contributions to the energy landscape while prioritising environmental stewardship.
How does Matador Resources Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Matador Resources Co's score of 12 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Matador Resources Co reported total Scope 1 emissions of approximately 762,307,000 kg CO2e, which includes about 2,968,000 kg CO2e from fugitive emissions. This represents a slight increase from 2022, where emissions were about 746,684,000 kg CO2e, including approximately 3,998,000 kg CO2e from fugitive emissions. Over the past few years, the company has seen a general upward trend in emissions, with 2021 emissions at about 670,037,000 kg CO2e and 2020 at approximately 800,682,000 kg CO2e. Matador Resources has not disclosed any Scope 2 or Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The company’s emissions intensity for Scope 1 in 2023 was reported at about 5,750 kg CO2e per million USD in revenue. Overall, while Matador Resources Co has made strides in transparency regarding their emissions, they currently lack defined reduction targets or commitments to mitigate their carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 866,548,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | - | - | - | - | - |
Scope 3 | - | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Matador Resources Co is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.