Northern Oil and Gas, Inc. Announces First Quarter 2020 Results

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Northern Oil And Gas (NOG) Tops Q1 EPS by 1c

May 11, 2020 6:07 AM EDT

Northern Oil And Gas (NYSE: NOG) reported Q1 EPS of $0.04, $0.01 better than the analyst estimate of $0.03. Revenue for the quarter came in at $506.79 million versus the consensus estimate of $152.41 million.

HIGHLIGHTS

First quarter production increased 28% over the prior year, averaging 43,735 barrels of oil equivalent (Boe) per dayCash flow from operations, excluding $7.1 million from changes in working capital, totaled $93.6 million,... More