Northern Oil and Gas(NOG) - 2024 Q2 - Quarterly Results
Northern Oil and Gas(NOG)2024-07-30 20:12
Exhibit 99.1 NOG Announces Second Quarter 2024 Results, Updates 2024 Guidance SECOND QUARTER HIGHLIGHTS • Record quarterly production of 123,342 Boe per day (57% oil), increases of 3% from the first quarter of 2024 and 36% from the second quarter of 2023 • GAAP net income of $138.6 million, Adjusted Net Income of $147.8 million and Adjusted EBITDA of $413.1 million. See "Non-GAAP Financial Measures" below • Cash flow from operations of $340.5 million. Excluding changes in net working capital, cash flow from ...