tiprankstipranks
The Fly

Northern Oil and Gas reports Q4 adjusted EPS $1.11, consensus $1.08

Northern Oil and Gas reports Q4 adjusted EPS $1.11, consensus $1.08

Reports Q4 revenue $545.5M, consensus $552.34M. Production of 131,777 Boe per day (59.9% oil), a 15% increase from the fourth quarter of the prior year. N”OG continues to raise the bar, delivering another year of cash flow, production and reserve growth, strategic investments in high-value assets, and the deliberate expansion of our internal infrastructure-all reinforcing our long-term ability to create shareholder value,” commented Nick O’Grady, NOG‘s Chief Executive Officer. Mr. O’Grady continued, “Building on the strong foundation laid in 2024, we have meticulously crafted a 2025 capital plan designed to drive growth in 2025, 2026 and beyond. We expect to execute a record number of SPUDs, building momentum throughout the year. Our diversified model positions NOG with substantial external opportunities to create additional value, further solidifying our commitment to delivering both top-tier relative and absolute returns.”

Discover the Best Stocks and Maximize Your Portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1