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Northern Oil and Gas reports Q2 adjusted EPS $1.37, consensus 95c

Reports Q2 revenue $706.809M, consensus $529.67M. Total quarterly production of 134,094 Boe per day, up 9% from the second quarter of 2024. “NOG‘s diverse and scaled platform delivered solid results, with strong free cash flow generation and continued growth from our Appalachian and Uinta Basin properties. The Ground Game continues to gain momentum, providing accretive opportunities that should benefit the Company through cycle, featuring both near term development and longer dated inventory rich opportunities. With a focus on creating shareholder value for the long-term, we anticipate incremental growth being focused on the strong backlog of inorganic opportunities available to us in the marketplace today,” commented Nick O’Grady, NOG’s Chief Executive Officer.

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