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)
Q2'23View entire presentation