Northern Oil and Gas(NOG) - 2023 Q3 - Earnings Call Presentation
Northern Oil and Gas(NOG)2023-11-02 15:51Q3 2023 Earnings Presentation | 1 Contents Q3 2023 Earnings Presentation | 2 Q3 Free Cash Flow(1) $127.8MM vs. Q3-22, +2.7% vs. Q2-23 Q3 Adjusted ROCE (1) 24.5% Q3 Adj. EBITDA (1) +22% vs Q2-23 1.35X 1) Free Cash Flow, Adjusted EBITDA, and ROCE are non-GAAP financial measures. See Appendix for methodology and reconciliations. We calculate ROCE with past impairments added back to Total Assets. Net debt is total debt less cash and acquisition deposits. 2) Calculated as (i) total net debt as of 9/30/23, less $ ...