Northern Oil and Gas Inc reports results for the quarter ended June 30 - Earnings Summary

Northern Oil and Gas

31/07/2025 22:52

Northern Oil and Gas Inc NOG.N reported quarterly adjusted earnings of $1.37​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.46.  The mean expectation of eleven analysts for the quarter was for earnings of 96 cents per share. Wall Street expected results to range from 88 cents to $1.10 per share.

Revenue rose 26% to $706.81 million from a year ago; analysts expected $529.32 million.

Northern Oil and Gas Inc's reported EPS for the quarter was $1.00​.

The company reported quarterly net income of $99.59 million.

Northern Oil and Gas Inc shares had risen by 0.9% this quarter and lost 23.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 7% in the last three months.​

In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

Wall Street's median 12-month price target for Northern Oil and Gas Inc is $36.00, about 21.8% above its last closing price of $28.16

This summary was machine generated from LSEG data July 31 at 09:52 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.96
1.37
Beat
Mar. 31 2025
1.12
1.33
Beat
Dec. 31 2024
1.11
1.11
Met
Sep. 30 2024
1.20
1.40
Beat