Second Quarter 2024 Earnings Release July 23, 2024 Investor Relations Contact and Disclosure Statements 2 Investor Relations Contact Safe Harbor Statement – This presentation and statements made by representatives of Matador Resources Company ("Matador" or the "Company") during the course of this presentation includes "forwardlooking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. "Forward-looking st ...

The mean estimate comprises 12 short-term price targets with a standard deviation of $7.22. While the lowest estimate of $62 indicates a 0.9% increase from the current price level, the most optimistic analyst expects the stock to surge 43.2% to reach $88. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. Price, Consensus and EPS Surprise While Wall Street analysts hav ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------------|-------|-------------|-------|---------|-------|-------------|-------|-----------| | | | June \n2024 | 30, | 2023 | | June \n2024 | 30, | 2023 | | Operating Data | | | | | | | | | | (1) Revenues (in thousands) | | | | | | | | | | Oil | $ | 705,550 | $ | 510,364 | $ | 1,304,064 | $ | 912,141 | | Natural gas | | 70,729 | | 77,553 | | 175,755 | | 178,685 | | Total oil and natural gas reven ...

Matador Resources Co (NYSE:MTDR) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Mac Schmitz - VP, IR Joseph Foran - Chairman, CEO & Secretary Brian Willey - CFO, EVP & President, Midstream Operations Christopher Calvert - COO & EVP Tom Elsener - EVP, Reservoir Engineering, Senior Asset Manager Glenn Stetson - EVP, Production Justin Hosp - SVP, Operations, Midstream Gregg Krug - EVP, Marketing and Midstream Strategy Edmund Frost - EVP, Geosciences Conference Call Participants ...

However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cuttingedge growth stocks. While there are numerous reasons why the stock of this independent oil and gas company is a great growth pick right now, we have highlighted three of the most important factors below: While the historical EPS growth rate for Matador is 80.6%, investors should actually focus on ...

Matador Resources Company (MTDR) reported second-quarter 2024 adjusted earnings of $2.05 per share, which beat the Zacks Consensus Estimate of $1.75. The bottom line also improved from the year-ago quarter's $1.42. Total quarterly revenues of $847.1 million beat the Zacks Consensus Estimate of $817 million. The top line also increased from the year-ago quarter's $638.1 million. Strong second-quarter results were aided by Matador's high total production volume, along with an increase in the realized price of ...

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. This quarterly report represents an earnings surprise of 17.14%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $1.48 per share when it ...

Selected Financial and Operating Items Adjusted EBITDA Adjusted Free Cash Flow MATADOR RESOURCES COMPANY REPORTS RECORD SECOND QUARTER 2024 RESULTS AND INCREASES FULL-YEAR 2024 PRODUCTION GUIDANCE Full-Year 2024 Guidance Update | --- | --- | --- | --- | |--------------------------|-------------------------------------------|-----------------------------------------------|----------------| | Production | Prior Full-Year 2024 Guidance Range | New Full-Year 2024 Guidance (1) Range | (2) Difference | | Total, B ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Matador Resources (MTDR) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of busin ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis ...