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MTDR

Posted: Thu Aug 06, 2015 2:44 pm
by dan_s
Take out the non-cash charges and Matador had a rock solid quarter. CFPS came in way over my forecast and they are increasing production guidance.

I have updated the forecast model and it will be on the EPG website later today.

My valuation has increased by $1.40 to $26.40. This compares to First Call's price target of $30.62.