HIGHBuilt-inGeographic
99%
Delaware Basin
“10-K Item 1: 'approximately 99% of our estimated total proved oil and natural gas reserves, or 662.2 million BOE, was attributable to the Delaware Basin'”
MTDR · Concentration risk · 10-K extracted
Matador Resources (MTDR) concentration risks
Updated
The most significant concentration Matador Resources discloses is Delaware Basin at 99%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Matador Resources’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH2
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHBuilt-inCommodity
58%
oil production
“10-K Item 1: 'Oil production comprised 58% of our total production (using a conversion ratio of one Bbl of oil per six Mcf of natural gas) for each of the years ended December 31, 2025 and 2024.'”
MEDIUMBuilt-inRegulatory
federal lands
“10-K Item 1A: 'Approximately 33% of our leasehold and mineral acres in the Delaware Basin is located on federal lands, which are subject to various requirements and regulations.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's disclosed concentration profile is built around two interlocking structural concentrations that define the operational footprint of the business. Approximately 99% of estimated total proved oil and natural gas reserves was attributable to the Delaware Basin — a high share by disclosed size with a structural character, reflecting the company's focused development strategy in a single basin rather than a geographically diversified reserve base. A geological, regulatory, or infrastructure disruption specific to the Delaware Basin would affect nearly the entire proved reserve inventory with no meaningful geographic offset. Oil production comprised 58% of total production in 2025 using a standard conversion ratio — a high share by disclosed size with a structural character. The commodity tilt toward oil means the company's revenue mix is more exposed to oil price movements than to natural gas or NGL pricing, reinforcing the importance of crude market dynamics to the financial outlook. The third disclosed exposure is a moderate regulatory overlay: approximately 33% of leasehold and mineral acres in the Delaware Basin is located on federal lands, which are subject to various requirements and regulations — a moderate share by disclosed size with structural character. While the acreage share on federal lands is not the majority, it introduces regulatory and permitting risk from federal policy changes that could affect drilling programs on that portion of the portfolio. Together, the three exposures describe a business that is almost entirely concentrated in a single basin, weighted toward oil production, and partially subject to federal land regulations within that basin.
For the engine’s reasoning on MTDR’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Oil & Gas E&P
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| BKV | BKV Corporation | 4 | 0 | 0 | 4 |
| CHRD | Chord Energy Corporation | 2 | 1 | 0 | 3 |
| MTDR● | Matador Resources Company | 2 | 1 | 0 | 3 |
| BSM | Black Stone Minerals, L.P. | 1 | 1 | 1 | 3 |
| APA | APA Corporation | 0 | 0 | 0 | 0 |
| AR | Antero Resources Corporation | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.