Matador Resources Company Reports Third Quarter 2019 Results, Provides Operational Update and Raises Full Year 2019 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq fall, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Matador Resources (MTDR) Tops Q3 EPS by 8c
October 29, 2019 4:57 PM EDTMatador Resources (NYSE: MTDR) reported Q3 EPS of $0.32, $0.08 better than the analyst estimate of $0.24. Revenue for the quarter came in at $279.4 million versus the consensus estimate of $232.33 million.
Increased Net Income, Earnings Per Share and Adjusted EBITDA
Third quarter 2019 net income (GAAP basis) was $44.0 million, or $0.38 per diluted common share, a 20% sequential increase from net income of $36.8 million in the second quarter of 2019, and a 2.5-fold year-over-year increase from net income of $17.8 million in the third quarter of 2018.Third quarter 2019 adjusted net income (a non-GAAP financial measure) was $37.9 million, or $0.32 per... More