Northern Oil and Gas (NYSE:NOG) First Quarter 2025 Results
Key Financial Results
- Revenue: US$602.1m (up 25% from 1Q 2024).
- Net income: US$139.0m (up by US$127.4m from 1Q 2024).
- Profit margin: 23% (up from 2.4% in 1Q 2024). The increase in margin was primarily driven by higher revenue.
- EPS: US$1.41 (up from US$0.12 in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Northern Oil and Gas Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 24%.
Looking ahead, revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Oil and Gas industry in the US.
Performance of the American Oil and Gas industry.
The company's shares are up 3.7% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Northern Oil and Gas (1 doesn't sit too well with us!) that you should be aware of.
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