StocksMedium•6 November 2026•
1 min read
Northern Oil and Gas Reports Mixed Q3 Results with Revenue Miss and EPS Beat
Key Facts
1Northern Oil and Gas reported Q3 revenue of $345.9 million, missing the consensus estimate of $600.5 million.
2Adjusted EPS reached $1.32, surpassing the analyst expectation of $1.06.
3Adjusted EBITDA reached $444.5 million, exceeding the $407.2 million consensus.
Northern Oil and Gas reported Q3 2026 revenue of $345.9 million, missing the consensus estimate of $600.5 million. According to FinancialContent, adjusted EPS reached $1.32, surpassing the analyst expectation of $1.06, while adjusted EBITDA reached $444.5 million, exceeding the $407.2 million consensus.
NOG closed at $22.14 on November 5, 2026, prior to the release of these mixed results which highlighted a discrepancy between bottom-line efficiency and top-line performance. The company stated it reduced total debt by more than $100 million, bringing leverage below 1.5 times ahead of its year-end goal.