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Northern Oil and Gas reports Q3 EPS $1.03, consensus 87c

Reports Q3 revenue $482.2M, consensus $524.2M. Reports Q3: Total quarterly production of 131,054 Boe per day (55% oil), up 8% from the third quarter of 2024. Oil volumes of 72,348 Bbl per day, up 2.0% from the third quarter of 2024. “Our portfolio and strategy remain resilient amid volatile market conditions. NOG is well positioned to navigate such markets to find opportunities for our investors. We seek and evaluate value-creating, accretive transactions that can position NOG for countercyclical upside convexity for the long-term. At the same time, our existing assets are delivering better than expected, capital efficient performance. The Company continues to generate solid cash flow, remains well protected with strong hedges, and continues to see robust, low breakeven activity on our assets as we head into 2026,” commented Nick O’Grady, NOG’s Chief Executive Officer.

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