NOG reports record Q2 production 123,342 boe/d, GAAP net income $138.6M

NORTHERN OIL & GAS, INC.

2024-Q2 EPS reported $1.47 revenue$957,113,000

Record quarterly production of 123,342 Boe/d (57% oil), up 3% QoQ and 36% YoY.
GAAP net income $138.6M; Adjusted Net Income $147.8M; Adjusted EBITDA $413.1M.
Updates 2024 guidance; production and cost outlook revised (details in release).
Strong operational performance driven by Permian and Williston basin assets.

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