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Northern Oil and Gas Q3 Adjusted Profit Declines, Revenue Rises
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Northern Oil and Gas Q3 Adjusted Profit Declines, Revenue Rises
Nov 6, 2024 1:38 AM

03:42 AM EST, 11/06/2024 (MT Newswires) -- Northern Oil and Gas ( NOG ) reported late Tuesday Q3 adjusted earnings of $1.40 per diluted share, down from $1.73 per share a year earlier.

Analysts polled by Capital IQ expected $1.19 per share.

Revenue for the quarter ended Sept. 30 was $753.6 million, up from $314 million a year earlier.

Analysts polled by Capital IQ expected $543.3 million.

The company maintained its 2024 production guidance of 120,000 to 124,000 Boe per day.

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