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Matador Resources

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Matador Resources reviews

3.0

41% would recommend to a friend

(48 total reviews)

Joseph W. Foran

74% approve of CEO

59% positive business outlook

Matador Resources has an employee rating of 3.0 out of 5 stars, based on 48 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Matador Resources employee rating is in line with the average (within 1 standard deviation) for employers within the Energy, Mining & Utilities industry (3.7 stars).

Reviews by job title

48 reviews
1.0
Jun 28, 2021
Recommend
CEO approval
Business Outlook

Pros

There are very few pros to working at Matador - the pay is competitive but the culture completely negates that. The 9/80 schedule is seen as a pro for some.

Cons

Very poor leadership from the top (Joe Foran, CEO) down. To be fair, there are a few good guys tucked away in upper management, but they’ll unfortunately always be under Joe’s thumb. Micro-management in all aspects but especially in work life balance (there is none). This is not a family friendly work environment whatsoever. There is no HR department which means the CEO makes every decision on an individual basis for every employee. This includes pay & bonuses and maternity leave time (which is laughable, beware if you’re a young woman looking to become a mother). There is only one policy at Matador and that is that Joe Foran is the end all, be all. The poor culture is entirely created and dictated by him. He relishes in the power of his position and his grip is tight. This company participates in some shady practices. For example, during the annual shareholder voting period this year, a department head specifically stated that any shares given to you by the company must be voted in agreement with the board of directors or you risk termination. Even gave an example of someone who voted against the board in a previous year and was terminated shortly after. Another example, if you buy or are given stock, you’re never allowed to sell it without first asking Joe’s permission at which point you’re likely on the chopping block for even asking. As mentioned in the many negative reviews below, the handling (or should I say mishandling?) of all things covid related have been woeful at best. The most incomprehensible and hypocritical of them all is that you’re allowed to travel by commercial plane for work with no restrictions and can return to the office upon arrival back in Dallas, but if you want to just *drive* to your family’s house in another city, you’re questioned about who/what/where/when/why and then your request goes through a C-suite executive to get Joe’s permission. After all of that, you’re likely going to be required to take extra PTO to quarantine after. Because your family is clearly just a bunch of disgusting Petri dishes brewing up Covid for you to bring back to the office and the Delaware basin is the only safe place to travel these days. If you want to be treated like a responsible adult that doesn’t need to be babysat, if you value diversity and equal opportunity in the workplace, if you’re looking for a long term job where you will be rewarded for more than just brown nosing your boss, this is not the company for you.

1.0
Aug 7, 2023
Recommend
CEO approval
Business Outlook

Pros

Good pay and benefits Many great people work there You will learn a lot

Cons

A top down culture of fear pervades the entire company. The CEO is very temperamental and strict. This means that management are generally more apt to hide problems than fix them. In the department I worked in, the manager was a major problem. They were petty, vindictive, and would lash out at employees they did not like. Every single employee had complained about their horrible treatment of our department, but management would not solve the issue. We never got any official reason why, but the issues were never addressed. This caused an insane turnover rate of something like 11 people within a 5 year span. COVID is mentioned in many reviews. Management expected us to get approval to go "more than one hour's travel away from the office". This included on weekends and days off. Then employees were required to test and quarantine regardless of whether or not they had any reason to believe they were exposed. Furthermore, if someone did get COVID, they were not allowed to return until they tested negative, in defiance of CDC guidelines at the time. They were required to test once per week in this time. These measures were kept in effect long after the rest of the world had moved on. They also required non-vaccinated employees to test every single week, regardless of their exposures. All of this really highlighted the lack of trust management has in their employees. There were many unwritten or outdated rules that employees were expected to follow. the most egregious example that comes to mind was that employees were expected to take no more than 5 sick days per year. People were in constant fear that their coworkers would report them to management for minor infractions. These rules were also not applied equally with certain departments being notable favorites. It really felt as if management assumed employees were plotting to take advantage of them and that they needed countermeasures in place. At the end of the day, one's success came down to stroking the ego of their superiors, not the quality of their work. Loyalty is prized above all. Also it was well known that Management pressured employees to leave 5 star reviews on Glassdoor in order to drive up ratings. So their ratings should honestly be lower. I understand that this is just my experience, but I believe it is shared by many who work there. I hope this review can help people who are discerning a career at Matador, that they can avoid this terrible place. I also hope that it will cause management to reflect on the culture that they have built and see how truly awful it is, though that might be a little vain of me.

1.0
Aug 30, 2021
Recommend
CEO approval
Business Outlook

Pros

Good pay, separate offices, and good benefits.

Cons

The problems exist, and will continue to exist, because they all come from the CEO himself. No one that works here is trusted in any capacity to operate as an adult. We all get treated like children who can’t make our own decisions. Covid has made a lot of these issues more apparent. We have to seek permission from the executive committee just to be able to travel, go to weddings, funerals, etc while all of the executives still go on their hunting trips and attend their family gatherings with no issues. It’s very do as I say and not as I do. We have been given no safe options during covid (working from home, staggered schedules, etc.). Even when the snow storm hit in February and the power was going out, Joe still wanted us to come in and work! They say everything is for employee benefit but it’s certainly not. Working here will certainly put you in a pair of golden handcuffs. They look nice but you’re still chained to an incredibly toxic environment that prides itself on 1950s management culture and bowing down to a man that should not be in a position of power.

Viewing 4 - 6 of 48 Reviews

Glassdoor has 61 Matador Resources reviews submitted anonymously by Matador Resources employees. Read employee reviews and ratings on Glassdoor to decide if Matador Resources is right for you.