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WAYZATA, Minn. (AP) _ Northern Oil and Gas Inc. (NOG) on Thursday reported fourth-quarter net income of $103.6 million.
The Wayzata, Minnesota-based company said it had net income of $1.71 per share. Earnings, adjusted for non-recurring gains, were 21 cents per share.
The results exceeded Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.
The independent oil and gas company posted revenue of $257.5 million in the period, which also topped Street forecasts. Analysts expected $102.1 million, according to Zacks.
For the year, the company reported profit of $163.7 million, or $2.69 per share. Revenue was reported as $595 million.
Northern Oil and Gas shares have climbed 44 percent since the beginning of the year. The stock has fallen 49 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOG at http://www.zacks.com/ap/NOG
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Keywords: Northern Oil and Gas, Earnings Report
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Northern Oil and Gas Inc.
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CODE : NOG |
ISIN : US6655311099 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Northern Oil and Gas est une société basée aux Etats-Unis D'Amerique. Northern Oil and Gas détient divers projets d'exploration en USA. Ses principaux projets en exploration sont BAKKEN SHALE, MONTANA RED RIVER et TRENTON/BLACK RIVER en USA. Northern Oil and Gas est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 2,8 milliards US$ (2,7 milliards €). La valeur de son action a atteint son plus bas niveau récent le 20 mars 2020 à 0,50 US$, et son plus haut niveau récent le 29 avril 2024 à 43,19 US$. Northern Oil and Gas possède 65 944 133 actions en circulation. |