Northern Oil and Gas, Inc. Announces 2017 First Quarter Results and Borrowing Base Redetermination under Revolving Credit Facility

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Go back to Northern Oil and Gas, Inc. Announces 2017 First Quarter Results and Borrowing Base Redetermination under Revolving Credit Facility

Northern Oil And Gas (NOG) Posts Q1 EPS of $0.27

May 8, 2017 6:34 AM EDT

Northern Oil And Gas (NYSE: NOG) reported Q1 EPS of $0.27, which may not compare to the analyst estimate of ($0.02). Revenue for the quarter came in at $65.82 million versus the consensus estimate of $47.75 million.

Production totaled 1,196,924 barrels of oil equivalent ("Boe") for the first quarter, averaging 13,299 Boe per day.Northern's first quarter 2017 producing well additions have a 30 day initial... More