Northern Oil and Gas Revenue, Profits - NOG Quarterly Income Statement

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$3.05 $0.18 (5.57%) NOG stock closing price Aug 13, 2018 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Northern Oil and Gas stock price alone is not sufficient. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the NOG stock is bound to reflect the impact of the QOQ growth of 0.36%. One also needs to look at Northern Oil and Gas assets, operating expenses and Northern Oil and Gas free cash flow. The Northern Oil and Gas profit and loss statement shows revenue of $66.85M for 2018 Q2. Revenue has grown by 0.36% QoQ for NOG stock.

View and download details of revenue and profits for Northern Oil and Gas for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Northern Oil and Gas Revenues or Net Sales
66.85M66.61M37M41.6M64.02M65.82M35.94M45.11M32.01M31.84M
Cost Of Goods Sold (COGS)24.68M20.41M19.96M17.67M16.57M16.13M16.21M14.96M15.3M14.72M
Northern Oil and Gas Gross Profit
42.17M46.2M17.06M23.92M48.32M49.68M19.74M30.14M16.71M17.11M
Research & Development Expense----------
Selling General & Admin Expense3.25M1.66M3.09M7.98M4.31M3.6M3.76M45.91M93.46M108.64M
Income Before Depreciation Depletion Amortization38.91M44.53M13.98M15.94M44M46.07M15.99M-15.77M-76.75M-91.53M
Depreciation Depletion Amortization22.6M18.63M17.65M15.35M13.68M12.82M13.54M13.69M16.17M17.84M
Non Operating Income-90.46M--0.88M--0.09M--0.02M---1.08M
Interest Expense22.4M23.1M20.89M16.67M16.42M16.3M16.21M16.14M16.04M16.09M
Northern Oil and Gas Pretax Income
-96.55M2.96M-25.42M-16.08M13.8M16.94M-13.75M-45.61M-108.97M-126.56M
Provision for Income Taxes---1.57M----1.4M---
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-96.55M2.97M-23.85M-16.09M13.8M16.94M-12.33M-45.62M-108.98M-126.57M
Extraordinary Items & Discontinued Operations----------
Northern Oil and Gas Profit/ Loss (Net Income)
-96.55M2.97M-23.85M-16.09M13.8M16.94M-12.33M-45.62M-108.98M-126.57M
Average Shares used to compute Diluted EPS196.14M65.38M64.67M61.84M61.89M61.97M61.31M61.24M61.18M60.96M
Average Shares used to compute Basic EPS196.14M65.22M64.67M61.84M61.64M61.45M61.31M61.24M61.18M60.96M
Income Before Nonrecurring Items18.04M11.25M6.64M2.24M-0.18M-0.07M2.39M2.35M6.51M-
Income from Nonrecurring Items-114.59M-8.29M-30.49M-18.33M13.98M17.01M-14.72M-47.97M-115.49M-127.11M
Northern Oil and Gas Earnings Per Share Basic Net
-0.490.05-0.37-0.260.220.28-0.20-0.74-1.78-2.08
Northern Oil and Gas Earnings Per Share Diluted Net
-0.490.05-0.37-0.260.220.27-0.20-0.74-1.76-2.08
EPS Diluted Before Nonrecurring Items0.090.170.100.040.000.000.040.040.100.01
Preferred Dividends Acc Pd----------
Dividends Common0.000.000.00-------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Northern Oil and Gas stock analysis. It helps to look at the following income statement items:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that NOG stock has a topline or revenue of $66.85M for 2018 Q2 as per this Northern Oil and Gas revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. NOG stock had a poor bottom line growth.

The income statement is also called statement of revenue and expense. The NOG financials along with Northern Oil and Gas historical stock prices provide a lot of details about the firm.

Northern Oil and Gas Income Statement - Key Financial Ratios

PS Ratio (price sales ratio)
0.94
Operating Margin
24.4
Dividend Yield
0%