Matador Resources (MTDR) Tops Q2 EPS by 9c

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Matador Resources Company Reports Second Quarter 2016 Results

August 3, 2016 4:16 PM EDT

DALLAS--(BUSINESS WIRE)-- Matador Resources Company (NYSE: MTDR) (Matador or the Company) today reported financial and operating results for the second quarter of 2016.

Second Quarter 2016 Highlights

Record average daily production of approximately 28,000 barrels of oil equivalent (BOE) per day, an increase of 18% sequentially, as compared to approximately 23,800 BOE per day in the first quarter of 2016 and an increase of 5% year-over-year, as compared to approximately 26,600 BOE per day in the second quarter of 2015. Capital expenditures during the first six months of 2016 of approximately $198 million, in line... More