Investing.com - Matador reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Matador announced earnings per share of $2.68 on revenue of $776.10. Analysts polled by Investing.com anticipated EPS of $2.64 on revenue of $769.53M.
Matador shares are down 37% from the beginning of the year and are trading at $69.00 , down-from-52-week-high.
Matador shares gained 1.77% in after-hours trade the report.
Matador follows other major Energy sector earnings this month
Matador's report follows an earnings beat by Schlumberger on Friday, who reported EPS of $0.63 on revenue of $7.5B, compared to forecasts EPS of $0.5507 on revenue of $7.1B.
Valero Energy had missed expectations on Tuesday with third quarter EPS of $7.14 on revenue of $44.45B, compared to forecast for EPS of $7.33 on revenue of $38.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar