Matador (MTDR) Beats on Q2 Earnings, Ups '24 Output Guidance

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 ...