Northern Oil And Gas (NOG) Tops Q2 EPS by 25c

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Go back to Northern Oil And Gas (NOG) Tops Q2 EPS by 25c

Northern Oil and Gas, Inc. Announces Second Quarter 2021 Results and Updates Guidance

August 5, 2021 6:30 AM EDT

HIGHLIGHTS

Second quarter total production of 54,623 Boe per day, up 42% sequentially from the first quarter of 2021 Oil production of 33,346 Bbl per day, up 14% sequentially from the first quarter of 2021 Second quarter GAAP cash flow from operations of $106.2 million. Excluding changes in net working capital, cash flow from operations was $118.4 million, up 42% from the first quarter of 2021 Total capital expenditures of $68.4 million during the second quarter, excluding the closing of the Marcellus acquisition on April 1, 2021 Free Cash Flow (non-GAAP) of $46.2 million, post-preferred stock dividends. See Non-GAAP Financial Measures... More