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

Northern Oil And Gas, Inc. reported in II. Quarter net earnings per share of $0.12 an improvement compare to net loss per share of $-0.49 recorded a year ago and an improvement compare to net loss per share of $-0.29 realized in previous quarter.

*II. Quarter*
Earnings Per Share	Revenues
$ 0.12	$ 186 Mill
$+0.61	$+120M +178.91 %

Northern Oil And Gas's Revenue rose by 178.91 % in II. Quarter (Jun 30 2019) year on year, to $186 million and advanced by sequentially.

Northern Oil And Gas is Expected to report next financial results on November 06, 2019.

More on NOG's Income Statement

NOG's NET INCOME

Northern Oil And Gas's net income of $44 million in II. Quarter increased from net loss of $-97 million II. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-107.16 million recorded in previous quarter.

More on NOG's Growth

In II. Quarter company's net cash and cash equivalents decreased by $0 million, capital expenditures grew by -19.17%, to $-82 millions compare to same quarter a year ago and fell by 5.54% from I. Quarter (Mar 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 $ 1.00 cash per share, on a free-cash flow basis 212.89 % of net earning per share.

Book value grew by 22.19 % sequentially to $1.03 per share, 379.25% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 1.03 per share from $ 0.84.

Company issued 7.28 million shares or 1.96 % in II. Quarter.
Interest Coverage Ratio was 3.24. Debt Coverage Ratio was 0.3.

• More on NOG's Dividends

Market Capitalization (Millions)	765
Shares Outstanding (Millions)	379
Total Debt (Millions $)	857
Revenue (TTM) (Millions $)	725
Net Income (TTM) (Millions $)	175
Cash Flow (TTM) (Millions $)	-199
Capital Exp. (TTM) (Millions $)	-475
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	19

Earnings quality

• More on NOG's Balance Sheets

Market Capitalization (Millions)	765
Shares Outstanding (Millions)	379
Total Debt (Millions $)	857
Revenue (TTM) (Millions $)	725
Net Income (TTM) (Millions $)	175
Cash Flow (TTM) (Millions $)	-199
Capital Exp. (TTM) (Millions $)	-475
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	19

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Northern Oil And Gas, Inc.

NOG's Financial Statements and Analysis