DALLAS (AP) _ Matador Resources Co. (MTDR) on Tuesday reported third-quarter net income of $337.6 million.
The Dallas-based company said it had profit of $2.82 per share. Earnings, adjusted for non-recurring gains, came to $2.68 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.47 per share.
The independent oil and gas company posted revenue of $840.9 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $735.2 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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