Northern Oil And Gas (NOG) Tops Q3 EPS by 13c
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Northern Oil and Gas, Inc. Announces Third Quarter 2020 Results and 2021 Guidance
November 6, 2020 7:00 AM ESTHIGHLIGHTS
Third quarter production of 29,051 Boe per day, at the high end of guidance, up 22% from the second quarter Third quarter cash flow from operations of $69.0 million, excluding $12.6 million spent to reduce net working capital, up 30% from the second quarter Total capital expenditures of $43.8 million in the third quarter Operating expenses down 9% in total, and down 27% on a per unit basis, from the second quarter Total debt reduced by $6.5 million in the third quarter, and an additional $21.0 million since the end of the third quarter, for a total of $160.0 million... More