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Matador Resources Q3 2024 Earnings Report

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$59.43 +0.54 (+0.92%)
(As of 12/3/2024 ET)

Matador Resources EPS Results

Actual EPS
$1.89
Consensus EPS
$1.78
Beat/Miss
Beat by +$0.11
One Year Ago EPS
$1.86

Matador Resources Revenue Results

Actual Revenue
$770.20 million
Expected Revenue
$836.69 million
Beat/Miss
Missed by -$66.49 million
YoY Revenue Growth
+9.80%

Matador Resources Announcement Details

Quarter
Q3 2024
Time
After Market Closes
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Matador Resources Earnings Headlines

Matador Resources expands credit deal
Lock in this disruptor’s share price before 12/5
Spencer Rascoff co-founded Zillow. Austin Allison sold his company to Zillow for $125M. Now they’ve joined forces to launch a venture transforming the $1.3T vacation home market – and the results are already turning heads. This company is leading the co-ownership revolution, offering buyers a chance to own a fraction of a luxury vacation home instead of the entire thing. It’s a model that’s unlocked new demand and earned them over $100M in gross profits in four years.
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About Matador Resources

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. In addition, the company conducts midstream operations in support of its exploration, development, and production operations. Further, it provides natural gas processing and oil transportation services; and oil, natural gas, and produced water gathering services, as well as produced water disposal services to third parties. The company sells natural gas to unaffiliated independent marketing companies and unaffiliated midstream companies. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.

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