Matador Resources Company Reports Third Quarter 2018 Results, Provides Operational Update and Increases 2018 Guidance Estimates

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Go back to Matador Resources Company Reports Third Quarter 2018 Results, Provides Operational Update and Increases 2018 Guidance Estimates

Matador Resources (MTDR) Tops Q3 EPS by 12c

October 31, 2018 4:45 PM EDT

Matador Resources (NYSE: MTDR) reported Q3 EPS of $0.48, $0.12 better than the analyst estimate of $0.36. Revenue for the quarter came in at $207.18 million versus the consensus estimate of $205.49 million.

Production Guidance

At October 31, 2018, Matador estimates that its full-year 2018 total oil equivalent production should increase by approximately 33% year-over-year to 18.9 million BOE, including an approximate 41% year-over-year increase in... More