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56Chevy

03/05/15 4:07 PM

#93 RE: 56Chevy #92

*Includes actual F&D costs (not including land costs), taxes and royalties.

What are F&D costs and why do they matter?

It goes without saying but one of the major factors that sets any company apart is its cost of doing business. - no surprises there. For an energy company this is mainly their Finding and Development (F&D) cost.

As the term suggests, this is simply the cost an energy company incurs in the process of purchasing, leasing, exploring, drilling, and developing (via infrastructure and equipment) oil and gas fields.

Marker:
Matador Resources Co (MTDR)
$22.62 down -0.32 (-1.39%)
Volume: 725,348

*Current price of CL\J15 Light Sweet Crude: $50.96 @ bbl.