Investor Presentaiton slide image

Investor Presentaiton

Q2'17 Q3'17 Q4'17 Q1 '18 Q2 '18 Q3 '18 Q4 '18 Q1 '19 1) Adjusted Cash G&A is a non-GAAP financial measure. Please see Appendix for reconciliation to the most directly comparable GAAP Measure. 40.8 36.3 35.0 34.6 26.7 21.0 15.3 18.0 13.8 16.7 43.943.7 Q2'19 Q3 '19 â– Production (MBoe/d) 23.8 Q4 '19 Q1'20 Q2'20 29.1 35.38.4 Q3'20 Q4'20 Q1'21 Q2 '21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Material increases driven by organic growth accretive M&A PRODUCTION CONTINUES TO RAMP... 90.9 87.4 $3.02 78.9 79.1 72.7 71.3 64.2 57.6 54.6 Q3 '17 Q4 '17 Q1 '18 Q2 '18 Q3 '18 Q4 '18 Q1 '19 Q2 '19 Q3 '19 Q4 '19 Q1'20 Q2'20 Q3'20 I Cash G&A per BOE-Adjusted Investor Presentation September 2023 | 9 NOG Q4'20 Q1'21 Q2 '21 Q3 '21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 $1.58 $1.61 $1.45 $1.15 $1.39 $1.28 $1.20 $1.13 $1.01 $1.01 $1.06 $0.95 $1.04 $0.93 $1.01 $0.94 $0.92 $0.91 $0.78 $0.92 $0.77 $0.86 $0.82 A Differentiated Energy Growth Platform NOG continues to build scale as the largest dedicated public non-operated working interest company Reducing overhead unit cash G&A costs, despite being acquisitive, with ability to reduce further over the long-term WHILE MAINTAINING PEER-LEADING LOW CASH G&A(1) Q2'23
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