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Northern Oil & Gas: Q2 Earnings Insights

Benzinga Real-time News ·  Aug 3, 2022 16:52

Northern Oil & Gas (NYSE:NOG) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Northern Oil & Gas beat estimated earnings by 6.17%, reporting an EPS of $1.72 versus an estimate of $1.62.

Revenue was up $323.93 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.3 which was followed by a 7.11% increase in the share price the next day.

Here's a look at Northern Oil & Gas's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.28 1.10 0.92 0.67
EPS Actual 1.58 1.06 0.84 0.92
Revenue Estimate 306.70M 251.81M 204.44M 169.82M
Revenue Actual 456.46M 332.37M 259.67M 225.72M

To track all earnings releases for Northern Oil & Gas visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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