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Stock Market & Financial Investment News

News Breaks
July 29, 2014
08:10 EDTMTDRMatador upgraded at BMO Capital
As noted earlier, BMO Capital upgraded Matador to Outperform from Market Perform. The firm cited optimism about the company's near-term and longer term well results as reasons for the upgrade. Target to $32 from $28.
News For MTDR From The Last 14 Days
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October 14, 2014
16:44 EDTMTDRMatador reaffirms remaining FY14 guidance, still sees FY15 BOE production up 50%
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16:37 EDTMTDRMatador increases FY14 oil production guidance range to 3.2M-3.3M barrels
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16:35 EDTMTDRMatador reports Q3 production up 19% to 1.5 MBOE
Matador Resources provided the following update of its ongoing operations. Matador is pleased to announce its quarterly production results for the three months ended September 30, which were the best quarterly oil equivalent production and quarterly oil production results in the company’s history. Oil equivalent production increased 19% year over year from approximately 1.24 MBOE or an average of about 13,500 BOE per day in 3Q13 to approximately 1.5 MBOE or an average of about 16,100 BOE per day in Q3. Oil equivalent production increased approximately 6% sequentially quarter over quarter from approximately 1.4 MBOE or an average of about 15,400 BOE per day in the second quarter of 2014 and increased 38% from approximately 1.1 MBOE or an average of about 11,900 BOE per day in Q1.
08:43 EDTMTDRMatador upgraded to Accumulate from Hold at KLR Group
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