Northern Oil and Gas Inc.

Northern Oil and Gas Inc. today announced the Company's second quarter results. MANAGEMENT COMMENTS "NOG's diverse and scaled platform delivered solid results, with strong free cash flow generation and continued growth from our Appalachian and Uinta Basin properties. The Ground Game continues to gain momentum, providing accretive opportunities that should benefit the Company through cycle, featuring both near term [...]

Northern Oil and Gas Inc. today provided an update on a number of business matters including second quarter hedging results, an update on ground game transactions as well as a material settlement of a legal matter. BUSINESS UPDATE Unrealized mark-to-market gains on derivatives for the second quarter were an estimated $65 - $70 million, driven by changes to the value of the Company's derivatives portfolio. Realized hedge [...]

Northern Oil and Gas Inc. announced today that it plans to issue its second quarter 2025 financial and operating results on Thursday, July 31, 2025, after the market closes. Additionally, the Company will host a conference call on Friday, August 1, 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: August [...]

USA News Group News Commentary Issued on behalf of Prairie Operating Co. Thanks to the rise of more and more AI data centers, the USA is faced with a very real threat in terms of surging demand for electricity, causing a renewed fascination with utilities. A new DOE reliability study warns that, if firm capacity keeps retiring while AI-driven load soars, the annual risk of power outages could jump by "a factor of [...]

Northern Oil and Gas Inc. today announced that it closed the reopening of its 3.625% Convertible Unsecured Senior Notes due April 2029, enhancing the Company's liquidity and debt maturity schedule. HIGHLIGHTS Issued $200.0 million of its 3.625% Convertible Unsecured Senior Notes due April 2029, including the initial purchasers' option to purchase additional notes, at an issue price of 105.597%, raising gross proceeds of [...]

Northern Oil and Gas Inc. today announced the pricing of its offering of $175,000,000 aggregate principal amount of additional 3.625% convertible senior notes due 2029 , at an issue price of 105.597% of the principal amount thereof, in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended . The offering size was increased from the previously announced [...]

Northern Oil and Gas Inc. today announced its intention to offer, subject to market and other conditions, $150.0 million aggregate principal amount of additional 3.625% convertible senior notes due 2029 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended . The new notes will be issued under the same indenture as the Company's $500.0 million aggregate [...]

Northern Oil and Gas Inc. today announced the completion of its semi-annual borrowing base redetermination under its reserves-based revolving credit facility . In connection with the redetermination, the elected commitment amount increased from $1.5 billion to $1.6 billion and the borrowing base remains unchanged at $1.8 billion. The Company's bank group now includes 20 banks with the addition of CIBC Capital Markets [...]

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, representing a 12.5% increase year-over-year and equal to the prior quarterly dividend. The dividend is payable on July 31, 2025, to stockholders of record as of the close of business on [...]

Northern Oil and Gas Inc. today announced the Company's first quarter results. MANAGEMENT COMMENTS "The first quarter highlighted the strengths of NOG's business model and strategic decisions," commented Nick O'Grady, NOG's Chief Executive Officer. "We continue to improve our margins, generate prodigious free cash flow, reduce leverage and add value through shareholder returns and Ground Game acquisitions. The inherent [...]