Northern Oil And Gas (NOG) Tops Q1 EPS by 8c

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Northern Oil and Gas, Inc. Announces First Quarter 2021 Results

May 7, 2021 6:32 AM EDT

HIGHLIGHTS

First quarter production of 38,417 Boe per day, up 7.5% sequentially from the fourth quarter of 2020 First quarter GAAP cash flow from operations of $62.8 million inclusive of changes in net working capital and Free Cash Flow (non-GAAP) of $41.7 million. See Non-GAAP Financial Measures below Total capital expenditures of $38.1 million, down 22% from the fourth quarter of 2020 The Board of Directors has authorized the payment of all accrued and cash dividends on the Series A Preferred Stock in the aggregate amount of $22.0 million to be paid on May 15, 2021 The Board of Directors... More