• Matador Resources average ebit margin for 2023 was 48.42%, a 13.89% decline from 2022.
• Matador Resources average ebit margin for 2022 was 56.23%, a 3106.95% decline from 2021.
• Matador Resources average ebit margin for 2021 was -1.87%, a 90.23% decline from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues