earnings
confidence high
sentiment positive
materiality 0.70
NOG reports Q3 record production of 102,327 Boe/day; adj. net income $161M
NORTHERN OIL & GAS, INC.
2023-Q3 EPS reported
$5.97
revenue$1,372,742,000
- Record quarterly production of 102,327 Boe/day (62% oil), up 13% from Q2 and 29% YoY.
- GAAP net income $26.1M; Adjusted Net Income $161.2M; Adjusted EBITDA $385.5M.
- Third quarter marks new production record, highlighting operational momentum.