earnings
confidence high
sentiment positive
materiality 0.75
NOG Q3: Record oil production 70,913 Bbl/d; net income $298.4M
NORTHERN OIL & GAS, INC.
2024-Q3 EPS reported
$4.42
revenue$1,710,751,000
- Record oil volumes of 70,913 Bbl/d, total production 121,815 Boe/d (up 19% YoY).
- GAAP net income of $298.4M, Adjusted Net Income of $141.1M.
- Adjusted EBITDA of $412.4M.
- Only 9.5 net turn-in-lines during the quarter.