Northern Oil and Gas: Q2 Earnings Snapshot

MINNETONKA, Minn. (AP) — MINNETONKA, Minn. (AP) — Northern Oil and Gas Inc. (NOG) on Tuesday reported second-quarter profit of $138.6 million.

The Minnetonka, Minnesota-based company said it had profit of $1.36 per share. Earnings, adjusted for non-recurring costs, were $1.46 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.

The independent oil and gas company posted revenue of $560.8 million in the period. Its adjusted revenue was $561 million, also beating Street forecasts. Seven analysts surveyed by Zacks expected $537.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOG at https://www.zacks.com/ap/NOG