This is Not An Investment Site: Do Not Make Any Investment Or Financial Decisions Based On What You Read Here Or Think You May Have Read Here -- May 7, 2015

Northern Oil and Gas, Inc. today announced 2015 first quarter results.

• Production averaged 16,988 barrels of oil equivalent per day, for a total of 1,528,919 Boe, a 28% increase over the first quarter of 2014
• Oil and gas sales including settled derivatives totaled $90.4 million
• Approximately 3.0 million barrels of oil are hedged for the remainder of 2015 at an average price of $89.56 per barrel
• Northern added 98 gross (6.6 net) wells to production during the first quarter
• The borrowing base under Northern's revolving credit facility was reaffirmed at $550 million

Northern's adjusted net income for the first quarter of 2015 was $6.0 million , or $0.10 per diluted share.  Adjusted net income was negatively impacted by the significant deterioration of natural gas, NGL and oil prices.  GAAP net loss for the first quarter of 2015, which was impacted by a non-cash impairment charge, was $229.7 million , or a loss of $3.79 per diluted share.  Adjusted EBITDA for the first quarter of 2015 was $67.5 million.

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Those Kids That Can't Find Jobs ....

.... now they're blaming their parents for the wrong skill set. I can't make this stuff up. The talking head at the link looks really, really concerned. I did not turn the volume up; for all I know she's talking about the increased pay McDonald's will soon be paying.