Matador Resources Management
Management criteria checks 3/4
Matador Resources' CEO is Joseph Foran, appointed in Jul 2003, has a tenure of 21.25 years. total yearly compensation is $8.06M, comprised of 16.8% salary and 83.2% bonuses, including company stock and options. directly owns 3.4% of the company’s shares, worth MX$4.39B. The average tenure of the management team and the board of directors is 5.3 years and 5.9 years respectively.
Key information
Joseph Foran
Chief executive officer
US$8.1m
Total compensation
| CEO salary percentage | 16.8% |
| CEO tenure | 21.3yrs |
| CEO ownership | 3.4% |
| Management average tenure | 5.3yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$941m |
| Mar 31 2024 | n/a | n/a | US$877m |
| Dec 31 2023 | US$8m | US$1m | US$846m |
| Sep 30 2023 | n/a | n/a | US$845m |
| Jun 30 2023 | n/a | n/a | US$919m |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$9m | US$1m | US$1b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$731m |
| Dec 31 2021 | US$9m | US$1m | US$585m |
| Sep 30 2021 | n/a | n/a | US$281m |
| Jun 30 2021 | n/a | n/a | -US$199m |
| Mar 31 2021 | n/a | n/a | -US$658m |
| Dec 31 2020 | US$2m | US$1m | -US$593m |
| Sep 30 2020 | n/a | n/a | -US$480m |
| Jun 30 2020 | n/a | n/a | -US$160m |
| Mar 31 2020 | n/a | n/a | US$230m |
| Dec 31 2019 | US$8m | US$1m | US$88m |
| Sep 30 2019 | n/a | n/a | US$200m |
| Jun 30 2019 | n/a | n/a | US$174m |
| Mar 31 2019 | n/a | n/a | US$197m |
| Dec 31 2018 | US$7m | US$1m | US$274m |
| Sep 30 2018 | n/a | n/a | US$176m |
| Jun 30 2018 | n/a | n/a | US$173m |
| Mar 31 2018 | n/a | n/a | US$142m |
| Dec 31 2017 | US$10m | US$1m | US$126m |
Compensation vs Market: Joseph's total compensation ($USD8.06M) is above average for companies of similar size in the MX market ($USD2.48M).
Compensation vs Earnings: Joseph's compensation has been consistent with company performance over the past year.
CEO
Joseph Foran (72 yo)
21.3yrs
Tenure
US$8,056,599
Compensation
Mr. Joseph Wm. Foran co-founded Matador Resources Company in July 2003 and has been Chairman and Chief Executive Officer since July 2003 and served as its President from July 2003 to November 2013 and serv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 21.3yrs | US$8.06m | 3.4% $ 4.4b | |
| CFO & Executive VP | 1.7yrs | US$3.00m | 0.073% $ 93.6m | |
| President of Land | 9.7yrs | US$4.22m | 0.22% $ 281.4m | |
| Executive VP & Treasurer | 6.2yrs | US$2.05m | 0.054% $ 69.1m | |
| Executive VP & COO | 5yrs | no data | 0.091% $ 117.3m | |
| Executive VP & Chief Accounting Officer | 9.3yrs | no data | 0.11% $ 138.7m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 2.6yrs | no data | 0.061% $ 78.1m | |
| Executive Vice President of Marketing & Midstream Strategy | 8.7yrs | no data | 0.17% $ 215.3m | |
| Executive Vice President of Geosciences | 5.3yrs | no data | no data | |
| Executive Vice President of Reservoir Engineering & Senior Asset Manager | 5yrs | no data | 0.082% $ 105.6m | |
| Executive Vice President of Production | 5yrs | no data | 0.068% $ 87.5m |
5.3yrs
Average Tenure
46yo
Average Age
Experienced Management: MTDR *'s management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 21.3yrs | US$8.06m | 3.4% $ 4.4b | |
| Independent Director | 7.7yrs | US$211.23k | 0.055% $ 71.0m | |
| Deputy Lead Independent Director | 8yrs | US$313.32k | 0.039% $ 49.7m | |
| Special Board Advisor | 2.6yrs | US$1.53m | no data | |
| Lead Independent Director | 6.8yrs | US$325.82k | 0.064% $ 81.9m | |
| Special Board Advisor | 2.6yrs | US$4.40m | no data | |
| Independent Director | 10.3yrs | US$304.98k | 0.10% $ 131.4m | |
| Independent Director | 8.3yrs | US$254.98k | 0.019% $ 24.6m | |
| Independent Director | less than a year | no data | 0.0010% $ 1.4m | |
| Independent Director | 5.1yrs | US$225.82k | 0.027% $ 34.4m | |
| Independent Director | 3.8yrs | US$225.82k | 0.088% $ 113.6m | |
| Director | 1.3yrs | US$202.32k | 0.050% $ 64.2m |
5.9yrs
Average Tenure
66.5yo
Average Age
Experienced Board: MTDR *'s board of directors are considered experienced (5.9 years average tenure).