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 97% 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. This figure reflects a slight decrease from 2022, where emissions were about 746,684,000 kg CO2e. Over the past five years, the company has shown a general trend of reducing its emissions, with 2019 emissions recorded at about 866,548,000 kg CO2e. The breakdown of Scope 1 emissions for 2023 indicates that fugitive emissions accounted for approximately 2,968,000 kg CO2e. In 2022, fugitive emissions were about 3,998,000 kg CO2e, suggesting a reduction in this area as well. Despite these reductions, Matador Resources has not publicly committed to specific reduction targets or initiatives, nor have they disclosed any science-based targets (SBTi) or climate pledges. The company continues to focus on its operational efficiency, as indicated by its gross Scope 1 GHG intensity, which has improved from 6,850 kg CO2e per unit of revenue in 2019 to 5,750 kg CO2e in 2023. Overall, while Matador Resources Co has made progress in reducing its carbon emissions, further commitments and transparency regarding future climate initiatives would enhance its sustainability profile.
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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.
