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 12 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Matador Resources Co's reported carbon emissions
In 2023, Matador Resources Co reported total Scope 1 emissions of approximately 762,307,000 kg CO2e, with fugitive emissions contributing about 2,968,000 kg CO2e. This marks a slight increase from 2022, where emissions were approximately 746,684,000 kg CO2e, including fugitive emissions of about 3,998,000 kg CO2e. Over the past few years, the company has shown a trend of increasing emissions, with 2021 emissions at approximately 670,037,000 kg CO2e and 2020 at about 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 absence of documented reduction targets suggests a need for further development in their climate strategy. The company operates independently without cascading emissions data from a parent organisation, indicating that all reported figures are self-sourced. Overall, while Matador Resources Co has made strides in transparency regarding their emissions, the lack of reduction commitments highlights an area for potential improvement in their environmental strategy.
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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 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.
