Earnings Summary

Northern Oil And Gas Inc’s revenue fell -23.81% since last year same period to $418.79Mn in the Q2 2023. On a quarterly growth basis, Northern Oil And Gas Inc has generated -28.07% fall in its revenue since last 3-months.

Northern Oil And Gas Inc’s net profit fell -33.21% since last year same period to $167.82Mn in the Q2 2023. On a quarterly growth basis, Northern Oil And Gas Inc has generated -50.67% fall in its net profits since last 3-months.

Northern Oil And Gas Inc’s net profit margin fell -12.34% since last year same period to 40.07% in the Q2 2023. On a quarterly growth basis, Northern Oil And Gas Inc has generated -31.42% fall in its net profit margins since last 3-months.

Northern Oil And Gas Inc’s earning per share (EPS) estimates for the current quarter stand at 1.89 - a 10.53% jump from last quarter’s estimates.

Northern Oil And Gas Inc’s earning per share (EPS) estimates for the current year stand at 1.89.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Northern Oil And Gas Inc’s return on assets (ROA) stands at 0.29.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Northern Oil And Gas Inc’s return on equity (ROE) stands at 1.58.

Northern Oil And Gas Inc declared 0.34 dividend per share during the earnings announcement for Q1 2023.