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

Northern Oil And Gas Inc reported in I. Quarter net earnings per share of $0.74 an improvement compare to net loss per share of $-0.29 recorded a year ago and an improvement compare to net loss per share of $-0.27 realized in previous quarter.

*I. Quarter*
Earnings Per Share	Revenues
$ 0.74	$ 507 Mill
$+1.03	$+514M

Northern Oil And Gas Inc 's Revenue rose by -7408.7 % in I. Quarter (Mar 31 2020) year on year, to $507 million and advanced by 758.77 % sequentially.

Northern Oil And Gas Inc is Expected to report next financial results on August 07, 2020.

More on NOG's Income Statement

NOG's NET INCOME

Northern Oil And Gas Inc 's net income of $368 million in I. Quarter increased from net loss of $-107 million I. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-107.94 million recorded in previous quarter.

More on NOG's Growth

In I. Quarter company's net cash and cash equivalents decreased by $-8 million, capital expenditures fell by 34.12%, to $-104 millions compare to same quarter a year ago and rose by -30.88% from IV. Quarter (Dec 31 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 $ 0.69 cash per share, on a free-cash flow basis 82.74 % of net earning per share.

Book value grew by 45.88 % sequentially to $2.03 per share, 143.03% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 2.03 per share from $ 1.39.

Company issued 95.63 million shares or 23.81 % in I. Quarter.
Interest Coverage Ratio was 6.23. Debt Coverage Ratio was 0.46.

• More on NOG's Dividends

Market Capitalization (Millions)	368
Shares Outstanding (Millions)	497
Total Debt (Millions $)	1,040
Revenue (TTM) (Millions $)	986
Net Income (TTM) (Millions $)	399
Cash Flow (TTM) (Millions $)	5
Capital Exp. (TTM) (Millions $)	-596
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	19

Earnings quality

• More on NOG's Balance Sheets

Market Capitalization (Millions)	368
Shares Outstanding (Millions)	497
Total Debt (Millions $)	1,040
Revenue (TTM) (Millions $)	986
Net Income (TTM) (Millions $)	399
Cash Flow (TTM) (Millions $)	5
Capital Exp. (TTM) (Millions $)	-596
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	19

Tweet
Economy Advance Monthly Sales Consumer Price Index CPI Producer Price Index PPI Retail Inventories Personal Income Gross Domestic Product GDP Money Supply Industrial Production Productivity Employment Situation US International Trade Factory Orders Durable Goods Construction Spending Housing Starts Vehicle Unit Sales	Stocks Event Calendar CBAK's Profile Stock Price CBAK's Financials Business Description Fundamentals Charts & Quotes CBAK's News Suppliers CBAK's Competitors Customers & Markets Economic Indicators CBAK's Growth Company Segments	Screening Stock Performance Growth Rates Profitability Valuation Dividend Financial Strength Efficiency Largest Companies Management Effectivness

Northern Oil And Gas Inc

NOG's Financial Statements and Analysis