Northern Oil And Gas (NOG) Earnings Report, Financial Results, Financial analysis

Northern Oil And Gas, Inc. reported in III. Quarter net earnings per share of $0.24 an increase by 300 % year on year from $0.06 and an improvement of 100 % from $0.12 realized in II. Quarter (Jun 30 2019).

*III. Quarter*
Earnings Per Share	Revenues
$ 0.24	$ 234 Mill
$+0.18 +300 %	$+132M +128.69 %

Northern Oil And Gas's Revenue rose by 128.69 % in III. Quarter (Sep 30 2019) year on year, to $234 million and advanced by 25.45 % sequentially.

Northern Oil And Gas is Expected to report next financial results on February 13, 2020.

More on NOG's Income Statement

NOG's NET INCOME

Northern Oil And Gas's net income of $94 million in III. Quarter increased by 397.3 % from net earnings of $19 million achieved in III. Quarter a year ago.

Sequentially net earnings grew by 112.57 % from net income of $44.40 million realized in previous quarter.

More on NOG's Growth

In III. Quarter company's net cash and cash equivalents decreased by $0 million, capital expenditures fell by 71.40%, to $-258 millions compare to same quarter a year ago and fell by 213.53% from II. Quarter (Jun 30 2019).

More on NOG's Cash flow Statement

Earnings quality

Northern Oil And Gas, Inc. does not pay out common stock dividend.

In trailing twelve-month period Northern Oil And Gas, Inc. earned $ 0.98 cash per share, on a free-cash flow basis 150.21 % of net earning per share.

Book value grew by 26.02 % sequentially to $1.30 per share, 193.75% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 1.30 per share from $ 1.03.

Company issued 17.81 million shares or 4.70 % in III. Quarter.
Interest Coverage Ratio was 4.17. Debt Coverage Ratio was 0.36.

• More on NOG's Dividends

Market Capitalization (Millions)	742
Shares Outstanding (Millions)	397
Total Debt (Millions $)	1,140
Revenue (TTM) (Millions $)	857
Net Income (TTM) (Millions $)	250
Cash Flow (TTM) (Millions $)	-111
Capital Exp. (TTM) (Millions $)	-582
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	19

Earnings quality

• More on NOG's Balance Sheets

Market Capitalization (Millions)	742
Shares Outstanding (Millions)	397
Total Debt (Millions $)	1,140
Revenue (TTM) (Millions $)	857
Net Income (TTM) (Millions $)	250
Cash Flow (TTM) (Millions $)	-111
Capital Exp. (TTM) (Millions $)	-582
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	19

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Northern Oil And Gas, Inc.

NOG's Financial Statements and Analysis