earnings
confidence high
sentiment positive
materiality 0.75
NOG Q1 2025: record production 134,959 Boe/d, net income $139M
NORTHERN OIL & GAS, INC.
2025-Q1 EPS reported
$1.39
revenue$602,098,000
- Record total production 134,959 Boe/d (58% oil), up 13% YoY; oil volumes 78,675 Bbl/d.
- GAAP net income $139.0M; Adjusted Net Income $133.4M; record Adjusted EBITDA $434.7M.
- Record Appalachian volumes 113.5 Mmcfe/d; Uinta volumes up >15% from prior quarter.
- Strong well performance and SM Energy operatorship drove results.