Matador Resources (MTDR) Updates FY17 Guidance

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Go back to Matador Resources (MTDR) Updates FY17 Guidance

Matador Resources Company Updates 2017 Guidance

March 23, 2017 6:45 AM EDT

DALLAS--(BUSINESS WIRE)-- Matador Resources Company (NYSE: MTDR) (Matador or the Company), today updated its full year 2017 guidance estimates in advance of its 2017 Analyst Day presentation in Dallas, Texas.

2017 Updated Guidance

Matador today announced an update to its full year 2017 guidance estimates, which were initially provided on February 22, 2017. These updated guidance estimates primarily reflect the Companys decision to drill and complete a five-well operated program in the Eagle Ford shale in South Texas, with economic returns expected to be comparable to Matadors Delaware Basin wells, in order to maintain the leasehold... More