Northern Oil And Gas (NOG) Tops Q4 EPS by 2c

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Northern Oil and Gas, Inc. Announces 2015 Fourth Quarter and Full Year Results

March 2, 2016 4:15 PM EST

WAYZATA, Minn., March 2, 2016 /PRNewswire/ -- Northern Oil and Gas, Inc. (NYSE MKT: NOG) today announced 2015 fourth quarter and full year results.

2015 HIGHLIGHTS

Oil and gas sales, including cash from settled derivatives, totaled $363.7 million for 2015 and $86.5 million for the fourth quarter of 2015 Reduced capital expenditures by 76% compared to 2014, while still growing total production by 3% year-over-year to 16,285 barrels of oil equivalent ("Boe") per day, above stated guidance Reduced cash general and administrative expenses by $2.1 million or 14% compared to 2014 Ended the year with $403.4 million of liquidity,... More