earnings
confidence high
sentiment positive
materiality 0.75
NOG Q4 production up 15% YoY to 131,777 Boe/d; generates $96.4M free cash flow
NORTHERN OIL & GAS, INC.
2024-FY EPS reported
$5.14
revenue$2,225,728,000
- Q4 2024 production of 131,777 Boe/d (59.9% oil), up 15% from Q4 2023.
- GAAP cash flow from operations of $290.3M; adjusted cash flow (excl. working capital) of $358.9M.
- Capital expenditures of $258.9M (excl. non-budgeted acquisitions); Free Cash Flow of $96.4M.
- Company issues detailed 2025 guidance with production and capex outlook.