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

NOG Financial Results

Northern Oil & Gas, Inc. reported in I. Quarter net earnings per share of $0.05 an improvement compare to net loss per share of $-0.20 recorded a year ago and an improvement compare to net loss per share of $-0.26 realized in previous quarter.

Northern Oil & Gas's Revenue rose by % in I. Quarter (Mar 31 2018) year on year, to $67 million and advanced by 60.13 % sequentially.

Northern Oil & Gas is

More on NOG's Income Statement

*I. Quarter*
Earnings Per Share	Revenues
$ 0.05	$ 67 Mill
$+0.25	$+31M +85.33 %

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NOG's NET INCOME

Northern Oil & Gas's net income of $3 million in I. Quarter increased from net loss of $-12 million IV. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-16.09 million recorded in previous quarter.

More on NOG's Growth

In I. Quarter company's net cash and cash equivalents decreased by $-13 million, capital expenditures fell by 121.79%, to $-58 millions compare to same quarter a year ago and fell by 76.52% from III. Quarter (Sep 30 2017).

More on NOG's Cash flow Statement

Earnings quality

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

In trailing twelve-month period Northern Oil & Gas, Inc. earned $ 1.70 cash per share, on a free-cash flow basis 606.88 % of net earning per share.

Tangible Book value grew to $ -7.48 per share from $ -7.61.

Company issued 3.54 million shares or 5.72 % in I. Quarter.
Interest Coverage Ratio was 1.24. Debt Coverage Ratio was 0.1.

• More on NOG's Dividends

Market Capitalization (Millions)	171
Shares Outstanding (Millions)	65
Total Debt (Millions $)	981
Revenue (TTM) (Millions $)	239
Net Income (TTM) (Millions $)	18
Cash Flow (TTM) (Millions $)	-12
Capital Exp. (TTM) (Millions $)	-134
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	19

Earnings quality

Market Capitalization (Millions)	171
Shares Outstanding (Millions)	65
Total Debt (Millions $)	981
Revenue (TTM) (Millions $)	239
Net Income (TTM) (Millions $)	18
Cash Flow (TTM) (Millions $)	-12
Capital Exp. (TTM) (Millions $)	-134
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	19

Northern Oil & Gas, Inc.

NOG's Financial Statements and Analysis