Financial Statements — MTDR
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.45 | 0.40 | 0.23 | 0.06 | 0.07 | 0.04 | 0.02 |
| Accounts Receivable | 0.41 | 0.41 | 0.30 | 0.34 | 0.31 | 0.30 | 0.29 | 0.28 | 0.29 | 0.20 | 0.18 | 0.27 | 0.33 | 0.27 | 0.18 | 0.15 | 0.12 |
| Total Current Assets | 1.01 | 1.08 | 0.92 | 0.92 | 0.89 | 0.85 | 0.74 | 0.75 | 0.71 | 0.63 | 1.01 | 0.93 | 0.80 | 0.54 | 0.40 | 0.33 | 0.26 |
| Property, Plant & Equipment | 12.26 | 10.94 | 10.56 | 10.20 | 10.01 | 9.55 | 7.68 | 7.38 | 6.68 | 6.44 | 4.71 | 4.32 | 4.10 | 4.00 | 3.54 | 3.46 | 3.44 |
| Total Non-current Assets* | 12.49 | 11.09 | 10.73 | 10.36 | 10.19 | 9.78 | 7.78 | 7.47 | 6.73 | 6.50 | 4.78 | 4.38 | 4.16 | 4.03 | 3.59 | 3.50 | 3.48 |
| Total Assets | 13.49 | 12.17 | 11.65 | 11.28 | 11.08 | 10.62 | 8.52 | 8.23 | 7.44 | 7.13 | 5.78 | 5.31 | 4.96 | 4.57 | 3.99 | 3.83 | 3.74 |
| Accounts Payable | 0.84 | 0.70 | 0.13 | 0.14 | 0.13 | 0.11 | 0.10 | 0.12 | 0.08 | 0.08 | 0.05 | 0.06 | 0.04 | 0.03 | 0.03 | 0.01 | 0.03 |
| Total Current Liabilities | 1.55 | 1.48 | 1.26 | 1.07 | 1.13 | 0.97 | 0.86 | 0.85 | 0.72 | 0.69 | 0.60 | 0.63 | 0.61 | 0.54 | 0.47 | 0.42 | 0.38 |
| Long-term Debt | 4.22 | 3.47 | 3.22 | 3.29 | 3.18 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities | 5.69 | 4.78 | 4.53 | 4.48 | 4.31 | 4.56 | 2.81 | 2.74 | 2.84 | 2.83 | 1.72 | 1.61 | 1.61 | 1.69 | 1.60 | 1.71 | 1.78 |
| Total Liabilities* | 7.57 | 6.59 | 6.14 | 5.91 | 5.79 | 5.75 | 3.89 | 3.81 | 3.78 | 3.73 | 2.53 | 2.45 | 2.43 | 2.45 | 2.30 | 2.35 | 2.38 |
| Retained Earnings | 3.41 | 3.07 | 3.01 | 2.87 | 2.76 | 2.37 | 2.15 | 1.95 | 1.55 | 1.30 | 1.15 | 0.77 | 0.44 | 0.03 | (0.38) | (0.58) | (0.68) |
| Total Stockholder Equity | 5.93 | 5.58 | 5.51 | 5.37 | 5.29 | 4.87 | 4.63 | 4.42 | 3.66 | 3.40 | 3.25 | 2.86 | 2.53 | 2.12 | 1.69 | 1.48 | 1.36 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 1.17 | 0.94 | 0.81 | 0.92 | 0.93 | 1.01 | 0.98 | 0.86 | 0.86 | 0.79 | 0.83 | 0.77 | 0.65 | 0.56 | 0.70 | 0.85 | 0.97 | 0.66 | 0.56 | 0.52 |
| Selling, General & Admin | 0.04 | 0.04 | 0.03 | 0.04 | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 | 0.02 |
| Total Operating Expenses | 0.17 | 0.16 | 0.16 | 0.16 | 0.15 | 0.16 | 0.15 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | 0.58 | 0.05 | 0.24 | 0.31 | 0.29 | 0.39 | 0.36 | 0.39 | 0.36 | 0.32 | 0.37 | 0.34 | 0.25 | 0.25 | 0.37 | 0.48 | 0.59 | 0.31 | 0.33 | 0.23 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Pretax Income | 0.52 | (0.02) | 0.19 | 0.26 | 0.24 | 0.35 | 0.30 | 0.36 | 0.33 | 0.28 | 0.33 | 0.29 | 0.23 | 0.24 | 0.35 | 0.47 | 0.57 | 0.29 | 0.30 | 0.21 |
| Tax Provision | 0.11 | -0.00 | (0.03) | 0.06 | 0.06 | 0.08 | 0.06 | 0.09 | 0.08 | 0.07 | 0.06 | 0.01 | 0.06 | 0.06 | 0.08 | 0.11 | 0.14 | 0.07 | 0.07 | (0.01) |
| Net Income | 0.39 | (0.04) | 0.19 | 0.18 | 0.15 | 0.24 | 0.21 | 0.25 | 0.23 | 0.19 | 0.25 | 0.26 | 0.16 | 0.16 | 0.25 | 0.34 | 0.42 | 0.21 | 0.21 | 0.20 |
| Basic EPS | 3.15 | (0.29) | 1.55 | 1.42 | 1.21 | 1.92 | 1.72 | 1.99 | 1.83 | 1.62 | 2.14 | 2.21 | 1.38 | 1.37 | 2.14 | 2.86 | 3.52 | 1.76 | 1.83 | 1.74 |
| Diluted EPS | 3.15 | (0.29) | 1.54 | 1.42 | 1.21 | 1.92 | 1.71 | 1.99 | 1.83 | 1.61 | 2.12 | 2.20 | 1.37 | 1.36 | 2.09 | 2.82 | 3.47 | 1.73 | 1.80 | 1.71 |
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 0.94 | 0.47 | 0.47 | 0.72 | 0.50 | 0.73 | 0.57 | 0.61 | 0.59 | 0.47 | 0.62 | 0.46 | 0.45 | 0.34 | 0.45 | 0.56 | 0.65 | 0.33 | 0.33 | 0.29 |
| Capital Expenditures | -0.00 | 0.50 | 0.47 | 0.64 | 0.49 | 0.55 | 0.53 | 2.21 | 0.52 | 0.64 | 0.61 | 0.31 | 1.98 | 0.33 | 0.21 | 0.33 | 0.26 | 0.26 | 0.41 | 0.17 |
| Free Cash Flow* | 0.94 | (0.03) | 0.01 | 0.08 | 0.01 | 0.17 | 0.05 | (1.60) | 0.07 | (0.17) | 0.01 | 0.16 | (1.53) | 0.01 | 0.24 | 0.23 | 0.38 | 0.07 | (0.08) | 0.12 |
| Investing Cash Flow | (1.60) | (0.46) | (0.59) | (0.56) | (0.50) | (0.51) | (0.39) | (2.16) | (0.58) | (0.54) | (0.55) | (0.42) | (1.90) | (0.34) | (0.28) | (0.24) | (0.27) | (0.25) | (0.35) | (0.13) |
| Financing Cash Flow | 0.66 | 0.00 | 0.10 | (0.15) | 0.00 | (0.23) | (0.17) | 1.56 | (0.03) | 0.04 | (0.03) | (0.04) | 1.01 | (0.04) | (0.06) | (0.16) | (0.22) | (0.04) | (0.01) | (0.13) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Dividends Per Share | 0.38 | 0.38 | 0.38 | 0.31 | 0.31 | 0.31 | 0.25 | 0.20 | 0.20 | 0.20 | 0.20 | 0.15 | 0.15 | 0.15 | 0.10 | 0.10 | 0.05 | 0.05 | 0.05 | 0.03 |
