Matador Resources (MTDR) reported Q4 adjusted earnings late Tuesday of $1.83 per diluted share, down from $1.99 a year earlier.
Analysts polled by FactSet expected $1.74.
Total revenue for the quarter ended Dec. 31 was $970.4 million, up from $836.1 million a year earlier.
Analysts surveyed by FactSet expected $990.7 million.
The company said it raised its quarterly dividend to $0.3125 per share, payable March 14 to holders of record Feb. 28.