Northern Oil and Gas Inc.

Northern Oil and Gas Inc. today announced the declaration of a dividend on the Company's common stock and provided an update on current hedging positions. DIVIDEND DECLARATION NOG's Board of Directors has declared a cash dividend in the amount of $0.40 per share, the planned quarterly level for 2024 as previously disclosed. The dividend is payable on April 30, 2024, to stockholders of record as of the close of business on [...]

Northern Oil and Gas Inc. has now closed on both of its previously announced acquisitions of Utica and Northern Delaware Basin assets from private sellers. NOG paid $162.6 million in cash in aggregate initial closing settlements, with $28.4 million of the closing costs incurred in the fourth quarter of 2023 and the remaining $134.2 million in the first quarter of 2024. The first quarter closings were funded in part by a [...]

Northern Oil and Gas Inc. announced today that it plans to issue its fourth quarter and year-end 2023 financial and operating results on Thursday, February 22, 2024, after the market closes. Additionally, the Company will host a conference call on Friday, February 23, 2024, 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 [...]

Northern Oil and Gas Inc. today announced two acquisition transactions. has entered into a definitive agreement with a private party to acquire non-operated interests across ~3,000 net acres located primarily in Lea and Eddy Counties, New Mexico. NOG owns existing interests in approximately 90% of the leasehold. Current production is ~2,800 Boe per day . NOG expects 2024 production to average ~2,500 Boe per day but [...]

Northern Oil and Gas Inc. today announced the Company's third quarter results. MANAGEMENT COMMENTS "NOG registered a banner third quarter reflecting continued strength in our operations, record organic growth and acquisition success. We have entered into harvest mode, generating increased free cash flow, but continue to pursue accretive acquisitions," commented Nick O'Grady, NOG's Chief Executive Officer. "NOG's recent [...]

Northern Oil and Gas Inc. today announced that its Board of Directors has declared a cash dividend on the Company's common stock. The Company also announced its current plan with respect to quarterly dividends for 2024. DIVIDEND DECLARATION NOG's Board of Directors has declared a cash dividend in the amount of $0.40 per share, representing a ~5% increase from the prior quarterly dividend. The dividend is payable on [...]

Northern Oil and Gas Inc. today announced an update on Ground Game acquisitions and certain other financial and operational items for the third quarter of 2023. The Company closed on eight Ground Game transactions during the third quarter of 2023, concentrated in the Permian Basin. The transactions are expected to add 5.7 net in-process and future drilling locations and approximately 514 net acres. The majority of the [...]

Northern Oil and Gas Inc. announced today that it plans to issue its third quarter 2023 financial and operating results on Wednesday, November 1, 2023, after the market closes. Additionally, the Company will host a conference call on Thursday, November 2, 2023, at 7:00 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. announced today that it has priced its previously announced underwritten public offering of 6,500,000 shares of its common stock for gross proceeds of approximately $252.7 million . The Company has granted the underwriters a 30-day option to purchase up to an additional 975,000 shares from the Company. The Offering is expected to close on October 13, 2023, subject to the satisfaction of customary [...]

Northern Oil and Gas Inc. announced today an underwritten public offering of 6,500,000 shares of its common stock . Additionally, the Company has granted the underwriters a 30-day option to purchase up to an additional 975,000 shares from the Company. The Company intends to use the net proceeds from the Offering for general corporate purposes, which will include the repayment of a portion of the outstanding borrowings [...]