NORTHERN OIL AND GAS, INC. NOG Income Statement

Northern oil and gas, inc. (NOG)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
REVENUES
Other Revenue
-	-	-	-	35	9	44	179	285	85	37
Total Revenues
472,402	678,924	209,320	144,903	275,057	595,026	335,773	311,572	149,389	44,559	14,221
OPERATING EXPENSES
Production Expenses
118,899	66,646	49,733	45,680	-	-	-	-	-	-	-
Production Expenses
-	-	-	-	52,107	55,695	41,859	32,382	13,043	3,288	754
Production Taxes
57,771	45,302	20,604	15,513	21,566	43,674	34,958	28,485	14,300	5,477	1,300
General and Administrative Expense
23,624	14,568	18,988	14,757	19,042	17,602	16,575	22,645	13,624	7,204	3,686
Depletion, Depreciation, Amortization and Accretion
210,201	119,780	59,500	61,244	137,769	172,883	-	98,923	41,169	-	-
Impairment of Other Current Assets
6,398	0	0	-	-	-	-	-	-	-	-
Total Operating Expenses
416,893	246,296	148,825	-	-	-	-	-	-	-	-
Depletion, Depreciation, Amortization and Accretion
-	-	-	-	-	-	124,383	-	-	-	-
Impairment of Oil and Natural Gas Properties
-	-	-	237,012	1,163,959	0	0	-	-	-	-
Depletion of Oil and Gas Properties
-	-	-	-	-	-	-	-	-	16,884	4,250
Depreciation and Amortization
-	-	-	-	-	-	-	-	-	176	91
Accretion of Discount on Asset Retirement Obligations
-	-	-	-	-	-	-	-	-	21	8
Total Operating Expenses
-	-	-	374,208	1,394,445	289,855	217,776	182,436	82,138	33,053	10,092
INCOME (LOSS) FROM OPERATIONS
55,509	432,628	60,495	-229,304	-1,119,388	305,171	117,996	129,136	67,250	11,505	4,128
OTHER INCOME (EXPENSE)
Interest Expense, Net of Capitalization
79,229	86,005	70,286	64,485	58,360	42,105	32,709	13,874	585	583	-535
Oil, Natural Gas, and NGL Sales
-	-	-	-	202,638	431,605	369,187	296,637	159,439	59,488	15,171
Gain (Loss) on Derivative Instruments, Net
-128,837	185,006	-14,667	-14,818	72,382	163,412	-33,457	-	-	-	-
Gain (Loss) on Settled Derivatives
-	-	-	-	-	-	-	-391	-13,407	-469	-624
Gain (Loss) on Unsettled Interest Rate Derivatives, Net
-	-	-	-	-	-	-	15,147	3,072	-14,545	-363
Write-off of Debt Issuance Costs
0	0	95	1,089	0	0	-	-	-	-	-
Loss on Extinguishment of Debt
-23,187	-173,430	-993	-	-	-	-	-	-	-	-
Loss on the Extinguishment of Debt
-	-	-	0	0	-	-	-	-	-	-
Debt Exchange Derivative Gain
1,390	-598	0	0	-	-	-	-	-	-	-
Contingent Consideration Gain
-29,512	-28,968	0	0	-	-	-	-	-	-	-
Financing Expense
1,447	884	0	0	-	-	-	-	-	-	-
Other Income
158	891	116	-	-	-	-	-	-	0	-
Other Income (Expense)
-	-	-	-15	-30	47	-453	24	-	-	479
Other Income
-	-	-	-	-	-	-	-	-	472	191
Gain (Loss) on Available for Sale Securities
-	-	-	-	-	-	-	-	-	-58	0
Total Other Income (Expense)
-131,827	-288,994	-71,258	-65,591	-58,390	-42,058	-33,162	-	-	-168	135
Other (Expense) Income
-	-	-	-	-	-	-	-	782	-	-
Total Other Income (Expense)
-	-	-	-	-	-	-	-13,850	196	-	-
INCOME (LOSS) BEFORE INCOME TAXES
-76,318	143,634	-10,764	-294,896	-1,177,778	263,112	84,834	115,286	67,446	11,336	4,264
INCOME TAX PROVISION (BENEFIT)
0	-55	-1,570	-1,402	-202,424	99,367	31,767	43,001	26,835	4,419	1,466
NET INCOME (LOSS)
-76,318	143,689	-9,194	-293,493	-975,354	163,745	53,067	72,284	40,611	6,917	2,798
Reclassification of Derivative Instruments Included in Income (Net of Tax of $39,000 for the year ended December 31, 2012)
-	-	-	-	-	-	-	-62	-	-	-
Unrealized Gains on Marketable Securities (Net of Tax of $109,000 for the year ended December 31, 2011)
-	-	-	-	-	-	-	-	173	553	-
Reclassification of Derivative Instruments Included in Income (Net of Tax of $0, $39,000 and $448,000 for the years ended December 31, 2013, 2012 and 2011, respectively)
-	-	-	-	-	-	-	-	-709	-	-
Total Other Comprehensive Income
-	-	-	-	-	-	-	62	883	-	-
Reclassification of Derivative Instruments Included in Income (Net of Tax of $39,000 for the three months ended March 31, 2012)
-	-	-	-	-	-	-	-	-	-711	-
Total Other Comprehensive Income (Loss)
-	-	-	-	-	-	-	-	-	1,264	-
COMPREHENSIVE INCOME
-	-	-	-	-	-	-	72,346	41,495	8,181	-
Net Income (Loss) Per Common Share - Basic (in dollars per share)
-0.20	0.61	-0.15	-4.80	-16.08	2.70	0.85	1.16	0.66	0.14	0.08
Net Income (Loss) Per Common Share - Diluted (in dollars per share)
-0.20	0.61	-0.15	-4.80	-16.08	2.69	0.85	1.15	0.65	0.14	0.08
Weighted Average Shares Outstanding - Basic (in shares)
387,084	236,206	62,408	61,173	60,652	60,691	62,364	62,485	61,789	50,387	36,705
Weighted Average Shares Outstanding - Diluted (in shares)
387,084	236,773	62,408	61,173	60,652	60,860	62,747	62,869	62,195	50,778	36,877
Oil and Gas Sales
Revenue
601,218	493,909	223,963	159,690	-	-	-	-	-	-	-
Other Revenue
Revenue
21	9	24	31	-	-	-	-	-	-	-