Matador Resources Company Announces 2019 Operating Plan and Market Guidance

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Go back to Matador Resources Company Announces 2019 Operating Plan and Market Guidance

Matador Resources (MTDR) Tops Q4 EPS by 10c

February 26, 2019 4:31 PM EST

Matador Resources (NYSE: MTDR) reported Q4 EPS of $0.37, $0.10 better than the analyst estimate of $0.27.

Fourth Quarter 2018 Highlights

Fourth quarter 2018 average daily oil equivalent production increased 2% sequentially to a record quarterly high for the Company of 55,500 barrels of oil equivalent (BOE) per day (60% oil) as compared to the third quarter of 2018. Average daily oil production increased 4% sequentially to 33,500 barrels per day and average daily natural gas production decreased 1% sequentially to 132.3 million cubic feet per day, each as compared to the third quarter of 2018.Fourth quarter 2018 Delaware Basin average daily oil equivalent production... More