Northern Oil and Gas, Inc. (NOG) CEO Brandon Elliott on Q1 2019 Results - Earnings Call Transcript

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Q1: 2019-05-09 Earnings Summary

EPS of $0.70 misses by $0.54
 | Revenue of $132.68M (52.72% Y/Y) misses by $5.07M

Northern Oil and Gas, Inc. (NYSE:NOG) Q1 2019 Earnings Conference Call May 10, 2019 11:00 AM ET

Company Participants

Brandon Elliott - Chief Executive Officer
Bahram Akradi - Chairman
Nick O’Grady - Chief Financial Officer
Adam Dirlam - Executive Vice President of Land
Jim Evans - Vice President of Engineering

Conference Call Participants

Neal Dingmann - SunTrust
Lenny Raymond - Johnson Rise
Jeff Grampp - Northland Capital Markets
Derrick Whitfield - Stifel
Jason Wangler - Imperial Capital

Operator

Greetings, and welcome to the Northern Oil and Gas First Quarter 2019 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder this conference is being recorded.

It is now my pleasure to introduce your host Mr. Brandon Elliott, Chief Executive Officer. Thank you, sir. You may begin.

Brandon Elliott

Thanks, Jesse. Good morning, everyone. We’re happy to welcome you to Northern’s first quarter 2019 earnings call. Before we get to the results, let me cover our safe harbor language.

Please be advised that our remarks today, including the answers to your questions, may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties that could cause actual results to be materially different from the expectations contemplated by these forward-looking statements. Those risks include, among others, matters that we have described in our earnings release as well as in our filings with the SEC, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. We disclaim any obligation to update these forward-looking statements.

During this conference call, we may discuss certain non-GAAP financial measures, including adjusted net income and adjusted EBITDA. Reconciliations of these measures to the closest GAAP measure can be found

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