Northern Oil And Gas (NOG) Misses Q4 EPS by 2c
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Northern Oil and Gas, Inc. Announces Fourth Quarter and Full Year 2020 Results
March 12, 2021 6:30 AM ESTHIGHLIGHTS
Fourth quarter production of 35,738 Boe per day, up 23% from the third quarter Fourth quarter cash flow from operations of $81.8 million, excluding $8.8 million spent to reduce net working capital, up 19% from the third quarter Total debt balance reduced by $39.0 million in the fourth quarter and $178.0 million in total during 2020 Â Completed $140.2 million common stock offering and $550.0 million senior notes offering in February 2021. Borrowing capacity of $373.0 million under revolving credit facility as of March 11, 2021 Announced entrance into the Marcellus Shale with the pending acquisition from Reliance Marcellus, LLC Signed and closed seventh... More