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, which includes about 2,968,000 kg CO2e from fugitive emissions. This marks a slight increase from 2022, where emissions were about 746,684,000 kg CO2e, including 3,998,000 kg CO2e from fugitive sources. 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 specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets indicates a potential area for improvement in their climate commitments. The company primarily reports on Scope 1 emissions, with no data available for Scope 2 or Scope 3 emissions, which are critical for a comprehensive understanding of their overall environmental impact. As the industry faces increasing scrutiny regarding climate change, Matador Resources Co's emissions data highlights the need for enhanced transparency and commitment to sustainability practices.
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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.
