Pay vs Performance Disclosure - USD ($)

12 Months Ended

Dec. 31, 2025

Dec. 31, 2024

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Year (a)	Summary Compensation Table Total for Principal Executive Officer (“PEO”)(1) (b)	Compensation Actually Paid to PEO(2) (c)	Average Summary Compensation Table Total for Non-PEO Named Executive Officers(3) (d)	Average Compensation Actually Paid to Non-PEO Named Executive Officers(4) (e)	Value of Initial Fixed $100 Investment Based On:		Net Income (thousands)(7) (h)	Adj. EBITDA (thousands)(8) (i)
					Total Shareholder Return(5) (f)	Peer Group Total Shareholder Return(6) (g)
2025	$9,775,611	$6,800,301	$3,961,104	$2,676,938	$354.83	$193.01	$759,221	$2,294,551
2024	$8,437,049	$9,339,737	$4,066,175	$4,385,440	$468.61	$187.97	$885,322	$2,298,777
2023	$8,056,599	$7,633,074	$3,542,613	$3,274,057	$473.10	$204.12	$846,074	$1,849,547
2022	$8,951,318	$21,872,248	$3,126,314	$7,943,940	$475.35	$192.58	$1,214,206	$2,127,156
2021	$9,057,189	$27,355,621	$4,310,734	$12,883,431	$306.57	$137.26	$584,968	$1,051,973

Company Selected Measure Name

Adjusted EBITDA

Named Executive Officers, Footnote

The dollar amounts reported in column (d) represent the average of the amounts reported for the Named Executive Officers as a group (excluding

Mr. Foran) in the “Total” column of the Summary Compensation Table in each applicable year. Each of the Named Executive Officers included for

these purposes (the “Non-PEO Named Executive Officers”) in each applicable year are as follows: (i) for 2025, Messrs. Singleton, Erman, Macalik,

Willey, Krug and Lambert; (ii) for 2024, Messrs. Singleton, Willey, Krug and Erman; (iii) for 2023, Messrs. Singleton, Willey, Billy E. Goodwin, Craig

N. Adams and Michael D. Frenzel; (iv) for 2022, Messrs. Goodwin, Singleton, Adams, Frenzel and David E. Lancaster; and (v) for 2021, Messrs.

Adams, Goodwin, Lancaster and Matthew V. Hairford.

Peer Group Issuers, Footnote

The peer group used for this purpose is the following published industry index: Russell 2000 Energy Index.

PEO Total Compensation Amount

$ 9,775,611

$ 8,437,049

$ 8,056,599

$ 8,951,318

$ 9,057,189

PEO Actually Paid Compensation Amount

$ 6,800,301

9,339,737

7,633,074

21,872,248

27,355,621

Adjustment To PEO Compensation, Footnote

The dollar amounts reported in column (c) represent the amount of “compensation actually paid” to Mr. Foran, as computed in accordance with

Item 402(v) of Regulation S-K, and do not reflect the total compensation actually realized or received by Mr. Foran. These amounts reflect the

amounts included in the “Total” column of the Summary Compensation Table for each year, adjusted in accordance with these rules as shown

below for 2025. Equity values are calculated in accordance with FASB ASC Topic 718, and the valuation assumptions used to calculate fair

values did not materially differ from those disclosed at the time of grant.

Compensation Actually Paid to PEO	2025
Summary Compensation Table Total	$9,775,611
Less, value of “Stock Awards” reported in Summary Compensation Table	$(4,222,400)
Plus, year-end fair value of outstanding and unvested equity awards granted in the year	$2,854,400
Plus (less), year over year change in fair value of outstanding and unvested equity awards granted in prior years	$(1,137,800)
Plus (less), change in fair value from prior year-end to vesting date of equity awards granted in prior years that vested in the year	$(469,510)
Compensation Actually Paid to PEO	$6,800,301

Non-PEO NEO Average Total Compensation Amount

$ 3,961,104

4,066,175

3,542,613

3,126,314

4,310,734

Non-PEO NEO Average Compensation Actually Paid Amount

$ 2,676,938

4,385,440

3,274,057

7,943,940

12,883,431

Adjustment to Non-PEO NEO Compensation Footnote

The dollar amounts reported in column (e) represent the average amount of “compensation actually paid” to the Non-PEO Named Executive

Officers, as computed in accordance with Item 402(v) of Regulation S-K. These amounts reflect the average of the amounts in the “Total” column

of the Summary Compensation Table for each year, adjusted in accordance with these rules as shown below for 2025. Equity values are

calculated in accordance with FASB ASC Topic 718, and the valuation assumptions used to calculate fair values did not materially differ from

those disclosed at the time of the grant.

Average Compensation Actually Paid to Non-PEO Named Executive Officers	2025
Average Summary Compensation Table Total	$3,961,104
Less, average value of "Stock Awards" reported in Summary Compensation Table	$(1,802,990)
Plus, average year-end fair value of outstanding and unvested equity awards granted in the year	$1,117,973
Plus (less), average year over year change in fair value of outstanding and unvested equity awards granted in prior years	$(450,285)
Plus (less), average change in fair value from prior year-end to vesting date of equity awards granted in prior years that vested in the year	$(148,864)
Average Compensation Actually Paid to Non-PEO Named Executive Officers	$2,676,938

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Net Income

Compensation Actually Paid vs. Company Selected Measure

Total Shareholder Return Vs Peer Group

Tabular List, Table

Total Shareholder Return

2.Adjusted EBITDA

3.Net Debt / Adjusted EBITDA

4.Adjusted Operating Costs per BOE

5.Return on Average Capital Employed

Total Shareholder Return Amount

$ 354.83

468.61

473.10

475.35

306.57

Peer Group Total Shareholder Return Amount

193.01

187.97

204.12

192.58

137.26

Net Income (Loss)

$ 759,221,000

$ 885,322,000

$ 846,074,000

$ 1,214,206,000

$ 584,968,000

Company Selected Measure Amount

2,294,551,000

2,298,777,000

1,849,547,000

2,127,156,000

1,051,973,000

PEO Name

Mr. Foran

Additional 402(v) Disclosure

The dollar amounts reported in column (b) are the amounts reported for Mr. Foran for each of the corresponding years in the “Total”

column of the Summary Compensation Table. See “Executive Compensation—Summary Compensation Table”.

Total Shareholder Return is calculated by dividing (a) the sum of (i) the cumulative amount of dividends for the measurement period, assuming

dividend reinvestment, and (ii) the difference between the Company’s share price at the end of each fiscal year shown and the beginning of the

measurement period by (b) the Company’s share price at the beginning of the measurement period. The beginning of the measurement period

for each year in the table is December 31, 2020.

The dollar amounts reported represent the amount of net income reflected in the Company’s audited financial statements for the

applicable year.

Description of Certain Relationships between Information Presented in the Pay Versus Performance Table

As described in more detail in the section “Executive Compensation—Compensation Discussion and Analysis,” the

Company’s executive compensation program reflects a variable pay-for-performance philosophy. While the Company

utilizes several performance measures to align executive compensation with Company performance, all of those

Company measures are not presented in the Pay Versus Performance table. Moreover, the Company generally seeks to

incentivize long-term performance, and therefore does not specifically align the Company’s performance measures with

compensation that is actually paid (as computed in accordance with SEC rules) for a particular year. In accordance with

SEC rules, the Company is providing the following descriptions of the relationships between information presented in the

Pay Versus Performance table.

Financial Performance Measures

As described in greater detail under “Executive Compensation—Compensation Discussion and Analysis,” the Company’s

executive compensation program reflects a variable pay-for-performance philosophy. The metrics that the Company uses

for both our long-term and short-term incentive awards are selected based on an objective of incentivizing our Named

Executive Officers to increase the value of our enterprise for our shareholders. The most important financial performance

measures used by the Company to link executive compensation actually paid to the Company’s Named Executive

Officers, for the most recently completed fiscal year, to the Company’s performance are as follows:

Measure:: 1

Pay vs Performance Disclosure

Name

Total Shareholder Return

Measure:: 2

Pay vs Performance Disclosure

Name

Adjusted EBITDA

Non-GAAP Measure Description

We determined Adjusted EBITDA to be the most important financial performance measure used to link Company performance to "compensation

actually paid" to our PEO and Non-PEO Named Executive Officers in 2025. Adjusted EBITDA is a non-GAAP financial measure. For a definition

of Adjusted EBITDA and a reconciliation of Adjusted EBITDA to Matador’s net income (loss) and net cash provided by operating activities, see

Annex A to this Proxy Statement. This performance measure may not have been the most important financial performance measure for prior

years and we may determine a different financial performance measure to be the most important financial performance measure in future years.

Measure:: 3

Pay vs Performance Disclosure

Name

Net Debt / Adjusted EBITDA

Measure:: 4

Pay vs Performance Disclosure

Name

Adjusted Operating Costs per BOE

Measure:: 5

Pay vs Performance Disclosure

Name

Return on Average Capital Employed

PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ (4,222,400)

PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

2,854,400

PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(1,137,800)

PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(469,510)

Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(1,802,990)

Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,117,973

Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(450,285)

Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ (148,864)