NOG expects an average daily production of 130,000-135,000 barrels of oil equivalent for 2025, with oil production in the range of 75,000-79,000 barrels per day.
Northern's Q1 2025 production exceeded its full-year guidance midpoint by 2% despite prior indications that it would be a lower volume quarter. Northern's Uinta Basin volumes improved more than 15% from Q4 2024. Northern is well hedged on oil for 2025, but its projected FCF at high-$50s oil for the remainder of the year is only slightly higher than its current dividend.
Northern Oil and Gas, Inc. (NYSE:NOG ) Q1 2025 Earnings Conference Call April 30, 2025 9:00 AM ET Company Participants Evelyn Infurna - Vice President of Investor Relations Nick O'Grady - Chief Executive Officer Adam Dirlam - President Chad Allen - Chief Financial Officer Conference Call Participants Noah Hungness - Bank of America Noel Parks - Tuohy Brothers Phillips Johnston - Capital One Operator Greetings and welcome to the NOG's First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Northern Oil and Gas (NOG) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.28 per share a year ago.
Northern Oil and Gas (NOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Northern Oil and Gas, Inc. has seen a nearly 50% stock drop in three months, despite an 8% yield and a $100 million share repurchase program. The company focuses on non-operating, minority interests in unconventional oil and gas properties, leveraging proprietary data and relationships to mitigate risks and optimize investments. Despite strong financials and a peer-leading return on capital, analysts have cooled on the stock due to concerns over fewer investment opportunities with sub-$75 oil prices.
Although the revenue and EPS for Northern Oil and Gas (NOG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
NOG expects annual oil production in the range of 75,000-79,000 barrels per day and total production in the band of 130,000-135,000 Boe/d for 2025.
Northern Oil and Gas, Inc. (NYSE:NOG ) Q4 2024 Results Conference Call February 20, 2025 9:00 AM ET Company Participants Erik Romslo - Chief Legal Officer Nick O'Grady - Chief Executive Officer Adam Dirlam – President Chad Allen - Chief Financial Officer Jim Evans - Chief Technical Officer Conference Call Participants Neal Dingmann - Truist Securities Scott Hanold - RBC Capital Markets Charles Meade - Johnson Rice John Freeman - Raymond James Paul Diamond - Citigroup Noel Parks - Tuohy Brothers Noah Hungness - Bank of America Operator Greetings, and welcome to the NOG's Fourth Quarter and Year-End 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Northern Oil and Gas (NOG) came out with quarterly earnings of $1.11 per share, missing the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.61 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Northern Oil and Gas (NOG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Northern Oil and Gas (NOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.