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 62% 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 decrease from 2022, where emissions were about 746,684,000 kg CO2e. Over the years, Matador has shown a trend of reducing its emissions, with 2021 emissions at approximately 670,037,000 kg CO2e and 2020 at about 800,682,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, it is noteworthy that their gross Scope 1 greenhouse gas intensity has improved, with a reported intensity of 5,750 kg CO2e per unit of revenue in 2023, compared to 6,850 kg CO2e in 2019. This indicates a commitment to enhancing operational efficiency and reducing emissions relative to revenue generation. Overall, while Matador Resources Co has made progress in reducing its carbon footprint, the absence of formal reduction targets suggests an opportunity for further commitment to climate action in the future.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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.
