Matador Resources Co
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Matador Resources Co's score of 10 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Matador Resources Co's reported carbon emissions
In 2023, Matador Resources Co reported carbon emissions of approximately 762,307,000 kg CO2e, primarily from Scope 1 emissions, which include direct emissions from owned or controlled sources. This figure represents a slight increase from 2022, where emissions were about 746,684,000 kg CO2e. The company has shown a trend of decreasing emissions from 2020, when they reported approximately 800,682,000 kg CO2e, to 2021 with about 670,037,000 kg CO2e, and further to 2022. Despite these fluctuations, Matador has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s emissions intensity, measured in gross Scope 1 GHG intensity, has varied, with a reported intensity of 5,750 kg CO2e per million USD revenue in 2023, compared to 3,610 kg CO2e per million USD in 2021. Overall, while Matador Resources Co has made progress in reducing emissions over the years, the lack of formal reduction commitments suggests a need for more structured climate action strategies moving forward.
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| 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 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to any reduction initiatives 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.
