Matador Resources Company Reports First Quarter 2019 Results and Provides Operational Update

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Go back to Matador Resources Company Reports First Quarter 2019 Results and Provides Operational Update

Matador Resources (MTDR) Tops Q1 EPS by 2c, Revenues Miss

May 1, 2019 5:09 PM EDT

Matador Resources (NYSE: MTDR) reported Q1 EPS of $0.19, $0.02 better than the analyst estimate of $0.17. Revenue for the quarter came in at $173.89 million versus the consensus estimate of $200.44 million.

Management Comments

Joseph Wm. Foran, Matadors Chairman and CEO, commented, The first quarter of 2019 was another well executed quarter for Matador, evidenced by strong operational and financial results and highlighted by the announcement of a second strategic midstream transaction with our joint venture partner, Five Point, to expand San Mateos natural gas gathering and processing, salt water gathering and disposal and oil gathering... More