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Northern Oil & Gas posts transcript of Q2 2026 earnings call

Northern Oil & Gas posts transcript of Q2 2026 earnings call

ReutersReuters2026/08/10 15:54
  • Northern Oil & Gas posted a second-quarter 2026 earnings call transcript; CEO Nicholas L. O’Grady, President Adam Dirlam, CFO Chad Allen joined.
  • Adjusted EBITDA rose 17% sequentially; free cash flow jumped over 400% from Q1; total production rose 9% year over year.
  • Permian volumes were curtailed on weak Waha economics; management cited improving conditions, with volumes returning, including 3 net turn-in-lines for Q3.
  • Shareholder returns included repurchasing 2,950,000 shares at USD 20.37; board lifted buyback capacity to about USD 243 million; dividend set at USD 0.45.
  • CEO put asset value above USD 7 billion versus USD 4.6 billion enterprise value; 2026 adjusted EBITDA seen at USD 1.4-1.5 billion, free cash flow USD 375-500 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 on August 07, 2026, and is solely responsible for the information contained therein.

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