earnings
confidence high
sentiment positive
materiality 0.65
NOG reports record Q3 production 79,123 Boe/d, FCF up 99% YoY
NORTHERN OIL & GAS, INC.
2022-Q3 EPS reported
$6.92
revenue$1,200,156,000
- Record quarterly production of 79,123 Boe/d (57% oil), up 37% YoY.
- Q3 GAAP CFO $276.8M; adjusted CFO (excl. working capital) $269.3M, up 7% sequentially.
- CapEx $154.5M (excl. non-budgeted acquisitions) due to accelerated activity and Ground Game execution.
- Free Cash Flow $110.6M, up 99% YoY.