Northern Oil And Gas (NOG) Tops Q2 EPS by 4c

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Go back to Northern Oil And Gas (NOG) Tops Q2 EPS by 4c

Northern Oil and Gas, Inc. Announces 2016 Second Quarter Results

August 4, 2016 4:15 PM EDT

WAYZATA, Minn., Aug. 4, 2016 /PRNewswire/ -- Northern Oil and Gas, Inc. (NYSE MKT: NOG) today announced 2016 second quarter results.

QUARTERLY HIGHLIGHTS

Production increased 2.8% sequentially and averaged 13,933 barrels of oil equivalent ("Boe") per day, for a total of 1,267,860 Boe Oil and gas sales, including cash from settled derivatives, totaled $62.5 million Production expenses, including production taxes, for the second quarter declined 11% per Boe compared to the second quarter of 2015 Capital expenditures totaled $16.5 million during the second quarter, a reduction of 50.5% compared to the second quarter of 2015 Quarter-end... More