• Northern Oil and Gas Inc NOG.N reported quarterly adjusted earnings of $1.33​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.28. The mean expectation of twelve analysts for the quarter was for earnings of $1.12 per share. Wall Street expected results to range from $1.05 to $1.23 per share.

• Revenue rose 51.9% to $602.10 million from a year ago; analysts expected $561.29 million.

• Northern Oil and Gas Inc's reported EPS for the quarter was $1.39​.

• The company reported quarterly net income of $138.98 million.

• Northern Oil and Gas Inc shares had fallen by 18.0% this quarter and lost 33.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 16.2% in the last three months.​

• In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

• Wall Street's median 12-month price target for Northern Oil and Gas Inc is $34.50

This summary was machine generated from LSEG data April 29 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)