earnings
confidence high
sentiment positive
materiality 0.80
NOG Q1 2023: record production 87,385 Boe/d (+23% YoY); net income $340.2M, adjusted EBITDA $325.5M
NORTHERN OIL & GAS, INC.
2023-Q1 EPS reported
$3.98
revenue$582,214,000
- Record quarterly production of 87,385 Boe per day (62% oil), up 23% from Q1 2022.
- Net income of $340.2 million for the first quarter of 2023.
- Record Adjusted EBITDA of $325.5 million reported.