Matador Resources Company Reports Second Quarter 2020 Results, Provides Update on Federal Acreage Position and Permits and Increases Full Year 2020 Production Guidance

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Go back to Matador Resources Company Reports Second Quarter 2020 Results, Provides Update on Federal Acreage Position and Permits and Increases Full Year 2020 Production Guidance

Matador Resources (MTDR) Tops Q2 EPS by 13c, Revenues Miss

July 28, 2020 4:51 PM EDT

Matador Resources (NYSE: MTDR) reported Q2 EPS of ($0.03), $0.13 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $62.92 million versus the consensus estimate of $165.41 million.

Joseph Wm. Foran, Matadors Chairman and CEO, commented, On both our website and the webcast planned for tomorrows earnings conference call is a set of eight slides identified as Chairmans Remarks (Slides A through H) to add color and detail to my remarks. We invite you to review these slides in conjunction with my comments below.

The second quarter of 2020 was challenging and... More