earnings
confidence high
sentiment positive
materiality 0.75
NOG Q4 production up 45% YoY to 114,363 Boe/d; cash flow from ops up 56%
NORTHERN OIL & GAS, INC.
2023-FY EPS reported
$10.03
revenue$2,166,259,000
- Q4 production 114,363 Boe/d (60.2% oil), +45% YoY.
- GAAP cash flow from operations $342.4M; adjusted $365.9M (+56% YoY).
- Capital expenditures $260.0M (excl. non-budgeted acquisitions).
- Free Cash Flow (non-GAAP) $103.6M, +19% YoY.
- Provided detailed 2024 guidance; full year financials not detailed.