Matador Resources (MTDR) Tops Q3 EPS by 7c

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Go back to Matador Resources (MTDR) Tops Q3 EPS by 7c

Matador Resources Company Reports Third Quarter 2016 Results and Provides Operational Update

November 1, 2016 4:17 PM EDT

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

Third Quarter 2016 Highlights

Net income (GAAP basis) of $11.9 million, or $0.13 per diluted common share, as compared to a net loss of $105.9 million, or $(1.15) per diluted common share, in the second quarter of 2016 and a net loss of $242.1 million, or $(2.86) per diluted common share, in the third quarter of 2015. Adjusted net income, a non-GAAP financial measure, of $5.4 million, or $0.06 per diluted... More