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 9 is lower than 83% 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. This figure reflects a slight increase from 2022, when emissions were about 746,684,000 kg CO2e. The company has consistently disclosed only Scope 1 emissions data, with no reported figures for Scope 2 or Scope 3 emissions. Matador Resources has set ambitious reduction targets aligned with the Science Based Targets initiative (SBTi). The company aims to reduce its Scope 1 and 2 greenhouse gas emissions by 21% within five years, using 2021 as the base year. This target translates to an average annual reduction of about 4.2%. The emissions data indicates a trend of increasing emissions over the years, with 2021 emissions at approximately 670,037,000 kg CO2e and 2020 emissions at about 800,682,000 kg CO2e. The company’s commitment to reducing its carbon footprint is crucial in the context of the oil and gas industry, which faces increasing scrutiny regarding environmental impacts and climate change. Overall, Matador Resources Co is actively working towards significant emissions reductions while navigating the challenges of its operational footprint.
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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.
