Northern Oil and Gas Inc. today provided an update on the Company's hedge profile after its recently announced Ohio Utica joint acquisition. HEDGING UPDATE The Company continues to execute its policy of protecting its capital program by periodically entering into financial derivative instruments with counterparties to lock in future commodity prices on a portion of its expected production. NOG has added substantial gas [...]
Northern Oil and Gas announced that it has entered into a definitive agreement to acquire a 49% stake in Ohio Utica Shale Assets in partnership with Infinity for a purchase price, net to NOG, of $588.0 million in cash, subject to customary closing adjustments. The Acquired Assets are located in the Utica shale of eastern Ohio and include approximately 35,000 net acres with over 100 gross identified undeveloped locations [...]
Northern Oil and Gas Inc. today announced the Company's third quarter results. MANAGEMENT COMMENTS "Our portfolio and strategy remain resilient amid volatile market conditions. NOG is well positioned to navigate such markets to find opportunities for our investors. We seek and evaluate value-creating, accretive transactions that can position NOG for countercyclical upside convexity for the long-term. At the same time, our [...]
Northern Oil and Gas Inc. today announced that on November 5, 2025, it entered into an amended and restated credit agreement governing its reserves-based revolving credit facility with Wells Fargo, as administrative agent, and the existing syndicate of 20 lenders. The elected commitment at $1.6 billion, and the borrowing base at $1.8 billion, remain unchanged. The maturity date was extended from June 2027 to November [...]
Northern Oil and Gas Inc. today announced that its Board of Directors has declared a cash dividend on the Company's common stock. DIVIDEND DECLARATION NOG's Board of Directors has declared a cash dividend in the amount of $0.45 per share, consistent with the Company's previously announced plan. The dividend is payable on January 30, 2026, to stockholders of record as of the close of business on December 30, 2025. ABOUT [...]
Northern Oil and Gas Inc. today provided an update on a number of business matters, including a recent bolt-on acquisition, an update on ground game transactions, capital expenditure and production guidance and other third quarter information. $98.3 million initial closing settlement for non-budgeted bolt-on acquisition of producing royalty and mineral interests with significant undeveloped inventory in Duchesne and [...]
Northern Oil and Gas Inc. announced today that it plans to issue its third quarter 2025 financial and operating results on Thursday, November 6, 2025, after the market closes. Additionally, the Company will host a conference call on Friday, November 7, 2025, at 8:00 a.m. Central Time. Those wishing to listen to the conference call may do so via phone or the Company's webcast. Conference Call and Webcast Details: Date [...]
Northern Oil and Gas Inc. today announced that it has received, as of 5:00 p.m., New York City time, on September 26, 2025 , tenders from holders of $684,943,000 in aggregate principal amount , representing approximately 97.14%, of the Company's 8.125% Senior Notes due 2028 / U66499 AD3 / U66499 AE1 ) / USU66499AD31 / USU66499AE14 ) , in connection with the Company's previously announced tender offer , which commenced [...]
Northern Oil and Gas Inc. today announced that it has priced a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended , to eligible purchasers, of $725 million in aggregate principal amount of new 7.875% senior notes due 2033 at par. The Offering is expected to close on October 1, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the net [...]
Northern Oil and Gas Inc. today announced that it has commenced a cash tender offer for any and all of its outstanding 8.125% Senior Notes due 2028 , upon the terms and conditions set forth in the Offer to Purchase, dated as of September 22, 2025, and the related Letter of Transmittal and Notice of Guaranteed Delivery . The Offer will expire at 5:00 p.m., New York City time, on September 26, 2025, unless extended or [...]
Northern Oil and Gas Inc. today announced that it intends to offer for sale in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended , to eligible purchasers, $725 million in aggregate principal amount of new senior notes due 2033 . The Company intends to use the net proceeds from the Offering, together with cash on hand and/or borrowings under the Company's revolving credit [...]
Northern Oil and Gas Inc. announced today that it has been named to Newsweek magazine's inaugural America's Greatest Companies 2025 list. This first-ever ranking, presented by Newsweek in partnership with Plant-A Insights Group, recognizes 650 U.S.-based companies that excel in financial performance, employee engagement, innovation, and ethics and sustainability. "We are honored to be in such esteemed company," commented [...]
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