Matador Resources (MTDR) Reports Q2 Loss Per Share of $1.89
Matador Resources (NYSE: MTDR) reported Q2 EPS of ($1.89), $1.86 worse than the analyst estimate of ($0.03).
Three Months Ended June 30, 2015 as Compared to Three Months Ended March 31, 2015
- Oil production increased 25% from 1.01 million barrels, or 11,206 barrels of oil per day, in the first quarter of 2015 to 1.26 million barrels, or 13,847 barrels of oil per day, in the second quarter of 2015.
- Natural gas production increased 5% from 6.6 billion cubic feet, or 73.8 million cubic feet per day, in the first quarter of 2015 to 7.0 billion cubic feet, or 76.5 million cubic feet per day, in the second quarter of 2015.
- Total oil equivalent production increased 13% from 2.12 million BOE, or 23,513 BOE per day, in the first quarter of 2015 to 2.42 million BOE, or 26,601 BOE per day, in the second quarter of 2015.
- Oil and natural gas revenues increased 41% from $62.5 million in the first quarter of 2015 to $87.8 million in the second quarter of 2015.
- Total realized revenues, including the impacts of hedging, increased 26% from $81.0 million in the first quarter of 2015 to $101.6 million in the second quarter of 2015.
- Adjusted EBITDA increased 33% from $50.1 million reported in the first quarter of 2015 to $66.7 million in the second quarter of 2015
For earnings history and earnings-related data on Matador Resources (MTDR) click here.
