Northern Oil & Gas Q2 GAAP net income rises to $236.6 million; adjusted EBITDA climbs 17% to $401 million vs Q1

Reuters2026/08/06 20:42

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Northern Oil & Gas posted Q2 GAAP net income of $236.6 million, up from $99.6 million a year earlier.
Oil and gas sales rose 17% from Q2 2025 to $670.8 million as total output increased 9% to 145,659 boe/d.
Adjusted EBITDA climbed 17% from Q1 to $401 million on a 13% improvement in realized commodity price per boe.
Free cash flow rose 26% from Q2 2025 to $159 million; capital expenditures totaled $195.8 million, excluding non-budgeted acquisitions.
Closed a Duvernay light oil joint development for $262.1 million, repurchased 2.95 million shares, raised buyback capacity to about $243 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Oil & Gas Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608061605BIZWIRE_USPR_____20260806_BW351445) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Northern Oil & Gas Q2 GAAP net income rises to $236.6 million; adjusted EBITDA climbs 17% to $401 million vs Q1

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