Northern Oil and Gas(US:NOG) ZACKSยท2025-08-04 14:31Core Insights - Northern Oil and Gas (NOG) reported revenue of $574.37 million for Q2 2025, a 2.4% increase year-over-year, and an EPS of $1.37, down from $1.46 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate by 10.64%, while the EPS surprised by 57.47% compared to the consensus estimate of $0.87 [1] Financial Performance Metrics - Average Daily Production of Oil was 76,944 BBL/D, slightly above the estimated 76,850.90 BBL/D [4] - Average Daily Production of Natural Gas and NGLs was 342,900 Mcf/D, exceeding the estimate of 327,918.90 Mcf/D [4] - Total Net Production was 12,203 KBOE, surpassing the average estimate of 12,005.30 KBOE [4] - Average Sales Prices for Natural Gas and NGLs were $2.89, below the estimated $2.95 [4] - Average Sales Prices for Oil were $58.37, slightly lower than the estimated $58.71 [4] - Net Sales from Oil and Gas reached $574.37 million, significantly higher than the average estimate of $504.21 million, marking a year-over-year increase of 2.4% [4] - Net Sales from Natural Gas and NGL Sales were $171.7 million, a substantial increase of 137.4% year-over-year compared to the average estimate of $91.79 million [4] - Net Sales from Oil Sales were $402.67 million, a decrease of 17.6% year-over-year, close to the average estimate of $402.77 million [4] Stock Performance - Shares of Northern Oil and Gas have declined by 16% over the past month, while the Zacks S&P 500 composite increased by 0.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]