earnings
confidence high
sentiment positive
materiality 0.75
NOG Q4 production 78,854 Boe/d (+23% YoY); initiates 2023 guidance
NORTHERN OIL & GAS, INC.
2022-FY EPS reported
$8.92
revenue$1,570,535,000
- Production of 78,854 Boe per day (59.5% oil), a 23% increase from Q4 2021.
- GAAP cash flow from operations of $287.4M; adjusted cash flow $234.4M, up 48% YoY.
- Capital expenditures of $142.9M (excl. non-budgeted acquisitions); Free Cash Flow $87.1M, up 23% YoY.
- Initiates 2023 guidance; no specific figures provided in the press release.