DALLAS (AP) 鈥� DALLAS (AP) 鈥� Matador Resources Co. (MTDR) on Wednesday reported second-quarter earnings of $390.7 million.
The Dallas-based company said it had profit of $3.15 per share. Earnings, adjusted for non-recurring gains, were $2.61 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.05 per share.
The independent oil and gas company posted revenue of $1.19 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $942.7 million.
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