Matador Resources Company reports results for the quarter ended June 30 - Earnings Summary
Matador Resources Company reports results for the quarter ended June 30 - Earnings Summary
Matador Resources Company MTDR.N reported quarterly adjusted earnings of $2.61 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.53. The mean expectation of twenty analysts for the quarter was for earnings of $2.09 per share. Wall Street expected results to range from $1.77 to $2.57 per share.
Revenue rose 32.5% to $1.19 billion from a year ago; analysts expected $1.08 billion.
Matador Resources Company's reported EPS for the quarter was $3.15.
The company reported quarterly net income of $390.65 million.
Matador Resources Company shares had fallen by 2.0% this quarter and gained 15.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 9.6% in the last three months.
In the last 30 days, nine analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"
Wall Street's median 12-month price target for Matador Resources Company is $69.00, about 31.8% above its last closing price of $47.03
This summary was machine generated from LSEG data August 6 at 04:08 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 2.09 | 2.61 | Beat |
Mar. 31 2026 | 1.26 | 1.53 | Beat |
Dec. 31 2025 | 0.80 | 0.87 | Beat |
Sep. 30 2025 | 1.26 | 1.36 | Beat |
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Matador Resources Company reports results for the quarter ended June 30 - Earnings Summary
Matador Resources Q2 profit beat estimates, raises 2026 production outlook
Brief: Matador Resources Q2 Adjusted EPS USD 2.61 Vs. IBES Estimate USD 2.09