Recap: Northern Oil & Gas Q1 Earnings

Northern Oil & Gas (NYSE:NOG) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM.…

Northern Oil & Gas (NYSE:NOG) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM.

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

Earnings

Northern Oil & Gas beat estimated earnings by 4.14%, reporting an EPS of $1.76 versus an estimate of $1.69.

Revenue was down $30.22 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.22 which was followed by a 1.01% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.65 1.69 1.62 1.28
EPS Actual 1.43 1.80 1.72 1.58
Revenue Estimate 392.24M 394.15M 391.09M 306.70M
Revenue Actual 445.65M 534.05M 549.64M 456.46M

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.

Total
0
Shares
Related Posts
Read More

Nasdaq, S&P Futures Plunge As Credit Suisse Crisis Deepens, Bringing Banks Back In Spotlight

The euphoria over Tuesday’s inflation numbers has apparently given way to skepticism, with index futures retreating sharply early Wednesday. Traders get to digest another set of key economic data points to make their conclusions about Fed’s potential March move. Cues From Tuesday’s Trading:

ADBE