Northern Oil and Gas Raises 2026 Production Guidance Amid Record EBITDA
Northern Oil and Gas (NOG) has increased its production guidance for 2026 to a range of 147,000 to 150,000 barrels of oil equivalent per day (BOE/d). This upward revision comes as the company targets the high end of its $850 million to $900 million capital expenditure budget. The company reported record-breaking quarterly results for both adjusted EBITDA and production during the third quarter. Management attributed these milestones to the strength of the NOG platform, signaling robust operational efficiency and growth momentum in their current asset portfolio.
Tickers: $NOG
Topics: earnings report EBITDA production records quarterly results