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Northern Oil and Gas Q2 2023 Earnings Report

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$35.57 -0.45 (-1.25%)
(As of 12/20/2024 05:31 PM ET)

Northern Oil and Gas EPS Results

Actual EPS
$1.49
Consensus EPS
$1.35
Beat/Miss
Beat by +$0.14
One Year Ago EPS
$1.72

Northern Oil and Gas Revenue Results

Actual Revenue
$476.60 million
Expected Revenue
$414.01 million
Beat/Miss
Beat by +$62.59 million
YoY Revenue Growth
+7.90%

Northern Oil and Gas Announcement Details

Quarter
Q2 2023
Time
After Market Closes

Conference Call Resources

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Northern Oil and Gas Earnings Headlines

What most folks don’t know about oil (BIG missed opportunity)
$1 Trillion… That’s how much Big Tech is set to spend on AI investment in the coming months—according to Goldman Sachs. This investment is driving an A.I. boom that’s being felt across many industries… Including a specific group of energy tickers since A.I. data centers use a massive amount of power. One of those tickers is CEG, up nearly 600% in the last 3 years… Combined with the upcoming presidential election, we have the recipe for a major shakeup in the market. You see, each time the U.S. elects a new president, one overlooked part of the energy sector tends to see a big move. Fact is… this energy niche is BOOMING.
Q4 Earnings Estimate for NOG Issued By Roth Capital
Morgan Stanley Keeps Their Hold Rating on Northern Oil And Gas (NOG)
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About Northern Oil and Gas

Northern Oil and Gas (NYSE:NOG), an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. It primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. The company is based in Minnetonka, Minnesota.

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