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.
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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. This figure reflects a slight increase from 2022, where emissions were about 746,684,000 kg CO2e. Over the past five years, the company has shown a general trend of decreasing emissions, with 2021 recording about 670,037,000 kg CO2e and 2020 at approximately 800,682,000 kg CO2e. Matador's Scope 1 emissions include significant contributions from fugitive emissions, which were about 2,968,000 kg CO2e in 2023 and 3,998,000 kg CO2e in 2022. The company has not disclosed any Scope 2 or Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). Despite the lack of formal reduction commitments, Matador Resources Co continues to monitor and report its emissions, indicating a level of transparency in its climate impact. The company operates within the oil and gas sector, which is under increasing scrutiny for its environmental footprint, making ongoing emissions management crucial for its sustainability 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.
