Matador: Q2 Earnings Snapshot

July 26, 2022 GMT

DALLAS (AP) _ Matador Resources Co. (MTDR) on Tuesday reported second-quarter profit of $415.7 million.

The Dallas-based company said it had profit of $3.47 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.16 per share.

The independent oil and gas company posted revenue of $943.9 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $829.2 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTDR at https://www.zacks.com/ap/MTDR