Northern Oil and Gas, Inc. Announces Third Quarter 2019 Results

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Northern Oil And Gas (NOG) Misses Q3 EPS by 2c, Revenues Beat

November 12, 2019 6:07 AM EST

Northern Oil And Gas (NYSE: NOG) reported Q3 EPS of $0.09, $0.02 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $233.88 million versus the consensus estimate of $168.77 million.

Third quarter production increased 53% over the prior year, and 17% sequentially, averaging 40,786 barrels of oil equivalent (Boe) per day.Cash flow from operations, excluding a $32.5 million net decrease from changes in... More