| Northern Oil and Gas reports 1Q loss | |
| | |
|
WAYZATA, Minn. (AP) _ Northern Oil and Gas Inc. (NOG) on Monday reported a loss of $126.6 million in its first quarter.
The Wayzata, Minnesota-based company said it had a loss of $2.08 per share. Earnings, adjusted for non-recurring costs, were 1 cent per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.
The independent oil and gas company posted revenue of $31.8 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $44.2 million.
In the final minutes of trading on Monday, the company's shares hit $4.63. A year ago, they were trading at $7.83.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOG at http://www.zacks.com/ap/NOG
_____
Keywords: Northern Oil and Gas, Earnings Report
|
|
|
Northern Oil and Gas Inc.
|
|
|
CODE : NOG |
ISIN : US6655311099 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Northern Oil and Gas est une société basée aux Etats-Unis D'Amerique. Northern Oil and Gas détient divers projets d'exploration en USA. Ses principaux projets en exploration sont BAKKEN SHALE, MONTANA RED RIVER et TRENTON/BLACK RIVER en USA. Northern Oil and Gas est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 2,6 milliards US$ (2,4 milliards €). La valeur de son action a atteint son plus bas niveau récent le 20 mars 2020 à 0,50 US$, et son plus haut niveau récent le 29 mai 2024 à 39,67 US$. Northern Oil and Gas possède 65 944 133 actions en circulation. |