DALLAS (AP) _ Matador Resources Co. (MTDR) on Tuesday reported third-quarter net income of $203.6 million, after reporting a loss in the same period a year earlier.

The Dallas-based company said it had net income of $1.71 per share. Earnings, adjusted for non-recurring gains, came to $1.25 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

The independent oil and gas company posted revenue of $472.4 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $388.7 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTDR at https://www.zacks.com/ap/MTDR

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