Northern Oil And Gas (NOG) Misses Q3 EPS by 8c

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

November 5, 2021 6:30 AM EDT

HIGHLIGHTS

Third quarter total production of 57,647 Boe per day, up 98% from the third quarter of 2020 Oil production of 34,035 Bbl per day, up 52% from the third quarter of 2020 Third quarter GAAP cash flow from operations of $94.4 million. Excluding changes in net working capital, cash flow from operations was $122.3 million, up 253% from the third quarter of 2020 Total capital expenditures of $63.2 million during the third quarter, excluding the closing of our previously-announced Permian acquisition on August 2, 2021 Free Cash Flow (non-GAAP) of $55.4 million, post-preferred stock dividends. See Non-GAAP Financial Measures below Announced $154.0... More