Northern Oil and Gas (NOG) reported $574.37 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 2.4%. EPS of $1.37 for the same period compares to $1.46 a year ago.
The reported revenue represents a surprise of +10.64% over the Zacks Consensus Estimate of $519.14 million. With the consensus EPS estimate being $0.87, the EPS surprise was +57.47%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Northern Oil and Gas performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Average Daily Production - Oil: 76,944.00 BBL/D versus 76,850.90 BBL/D estimated by six analysts on average.
- Average Daily Production - Natural Gas and NGLs: 342,900.00 Mcf/D versus the six-analyst average estimate of 327,918.90 Mcf/D.
- Net Production - Total: 12,203.00 KBOE versus the five-analyst average estimate of 12,005.30 KBOE.
- Average Daily Production - Total: 134,094.00 BOE/D compared to the 131,489.70 BOE/D average estimate based on five analysts.
- Net Production - Oil: 7,002.00 KBBL compared to the 7,007.02 KBBL average estimate based on five analysts.
- Net Production - Natural Gas and NGLs: 31,204.00 Mcf versus 29,990.24 Mcf estimated by five analysts on average.
- Average Sales Prices - Natural Gas and NGLs: $2.89 versus $2.95 estimated by four analysts on average.
- Average Sales Prices - Oil: $58.37 versus $58.71 estimated by three analysts on average.
- Net Sales- Oil and Gas Sales: $574.37 million versus the three-analyst average estimate of $504.21 million. The reported number represents a year-over-year change of +2.4%.
- Net Sales- Other: $3.62 million versus $3.56 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.3% change.
- Net Sales- Oil Sales: $402.67 million compared to the $402.77 million average estimate based on two analysts. The reported number represents a change of -17.6% year over year.
- Net Sales- Natural Gas and NGL Sales: $171.7 million versus the two-analyst average estimate of $91.79 million. The reported number represents a year-over-year change of +137.4%.
View all Key Company Metrics for Northern Oil and Gas here>>>
Shares of Northern Oil and Gas have returned -16% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Northern Oil and Gas, Inc. (NOG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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