Northern Oil and Gas Achieves Record Production and Adjusted EBITDA in Q3
NTRS Northern Trust Corp
$178.71 +0.46%
View chart & analysis → - 1Northern Oil and Gas, Inc. reported record total production and adjusted EBITDA for the third quarter.
- 2Northern Oil and Gas, Inc. recorded an 11% increase in adjusted EBITDA compared to Q2 and a 15% increase compared to the same period last year.
- 3Northern Oil and Gas, Inc. liquidity exceeded $1.6 billion as of the end of September.
So what's the key point?
Northern Oil and Gas produced its highest amount ever in the third quarter and increased its profits. Profits rose by 15% compared to last year, improving the company's financial position.
Source The Motley Fool +1 · View original ↗
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