Northern Oil and Gas

Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. It focuses on the Bakken and Three Forks formation within the Williston Basin in North Dakota and Montana. The company was founded on March 20, 2007 and is headquartered in Minnetonka, MN.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

Northern Oil and Gas (NOG) reports robust Q4 results and eyes strategic growth through acquisitions

Northern Oil and Gas (NOG) delivered a strong performance in Q4 2022, emphasizing growth through acquisitions and shareholder returns. Despite challenges in gas realizations and asset evaluations, the company remains optimistic about growth opportunities in existing basins and through M&A activities.

Northern Oil and Gas excels in Q1 2023, eyes strategic growth

Northern Oil and Gas reported strong financial performance and operational achievements in Q1 2023, driven by record adjusted EBITDA and robust free cash flow.
The company's dynamic capital allocation strategies and focus on quality and efficiency position it well for growth and strategic opportunities in the industry.
Challenges such as market fragility and oversupply in certain basins require careful management, while opportunities in M&A and operational enhancements offer avenues for expansion.
Overall, Northern Oil and Gas remains focused on maximizing operational efficiency, evaluating strategic opportunities, and navigating industry challenges to drive sustainable growth.

Northern Oil and Gas reports robust Q2 performance and strategic growth outlook

Northern Oil and Gas (NOG) delivered strong financial performance in Q2, with a focus on growth acceleration and effective capital allocation. While facing challenges in asset quality and cost management, NOG's strategic strengths and opportunities for operational enhancement position the company for future success.

Northern Oil and Gas (NOG) excels in Q3, eyes growth amid market challenges

Northern Oil and Gas (NOG) reported a robust Q3 performance marked by record production levels, improved financial metrics, and strategic capital raising. Despite facing challenges in the A&D market and preparing for market volatility, the company is well-positioned to leverage growth opportunities and drive shareholder value through a return-driven approach.

Northern Oil and Gas reports robust Q4 performance and growth plans

NOG shows strong financial growth and strategic focus on shareholder value.
Challenges include delays in reporting and conservative reserve considerations.
Opportunities lie in expansion plans, optimization, and ongoing acquisitions.
Overall, NOG is well-positioned for growth and value creation in the energy sector.

Northern Oil and Gas (NOG) excels in Q1 2024, eyes M&A opportunities

Northern Oil and Gas (NOG) delivered a strong Q1 performance with record production and increased EBITDA, driven by operational excellence and strategic capital allocation. While facing challenges in industry infrastructure and competition, NOG is well-positioned to leverage opportunities in M&A and asset performance.

Northern Oil and Gas reports robust Q2 earnings and growth opportunities

NOG's Q2 2024 performance reflects strong financial growth, operational efficiency, and a commitment to enhancing shareholder value through dividends and share repurchases.
While facing challenges from market volatility and operational risks, NOG's strategic focus on value creation and asset diversification positions the company well for future growth.
With a solid financial foundation, promising acquisitions, and operational improvements, NOG has opportunities to capitalize on growth prospects and optimize costs for sustained profitability.

Northern Oil and Gas reports robust Q3 performance and strategic growth plans for 2025

NOG's Q3 2024 performance showcased resilience with record free cash flow and near-record adjusted EBITDA despite market challenges. The company's strategic focus on cost reduction, shareholder returns, and organic growth positions it well for future success amidst volatile market conditions.

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Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. It focuses on the Bakken and Three Forks formation within the Williston Basin in North Dakota and Montana. The company was founded by Michael Lewis Reger in 2006 and is headquartered in Minnetonka, MN.

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MINNEAPOLIS--( BUSINESS WIRE )--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG”) today announced the closing of a previously announced acquisition of non-operated interests in the Northern Delaware Basin.

NOG Announces Closing of Additional Core Northern Delaware Basin Acquisition

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Northern Oil and Gas (NOG) reported earnings 30 days ago. What's next for the stock?

Why Is Northern Oil and Gas (NOG) Down 6% Since Last Earnings Report?

NOG Announces Closing of Core Northern Delaware Basin Bolt-on Acquisition

Angelo Gordon Cuts Stake in Northern Oil & Gas (NOG)

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Northern's (NOG) third-quarter earnings and revenues beat the consensus mark due to better-than-expected performances.

Northern (NOG) Stock Rises 2.6% After Q3 Earnings & Sales Beat

MINNEAPOLIS--( BUSINESS WIRE )--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the completion of its semi-annual borrowing base redetermination under its reserves-based revolving credit facility. The borrowing base under the facility was increased from $1.3 billion to $1.6 billion, and NOG has chosen to increase the elected commitment amount from $850.0 million to $1.0 billion. Wells Fargo Bank, as administrative agent, and the syndicate of 14 lenders unanimously approved the increases on November 10, 2022.

NOG Announces Borrowing Base Increase

Oil and gas investor Northern Oil & Gas has been acquiring assets in key oil basins this year, with solid returns expected in 2023. The post Oil And Gas Investor On High-Speed Acquisition Path; In Buy Zone After Strong Earnings appeared first on Investor's Business Daily.

Oil And Gas Investor On High-Speed Acquisition Path; In Buy Zone After Strong Earnings

Northern Oil and Gas, Inc. (NYSE:NOG ) Q3 2022 Earnings Conference Call November 9, 2022 11:00 AM ET Company Participants Erik Romslo - Chief Legal Officer Nick O'Grady - Chief Executive Officer Adam Dirlam - President Chad Allen - Chief Financial Officer Jim Evans - Executive Vice President & Chief Engineer Conference Call Participants Neal Dingmann - Truist Securities Scott Hanold - RBC Capital Markets Charles Meade - Johnson Rice Derrick Whitfield - Stifel John Freeman - Raymond James Donovan Schafer - Northland Capital Markets Noel Parks - Tuohy Brothers Operator Greetings and welcome to the Northern Oil Third Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Northern Oil and Gas, Inc. (NOG) Q3 2022 Earnings Call Transcript

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Northern Oil and Gas (NOG) delivered earnings and revenue surprises of 5.88% and 29.35%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Northern Oil and Gas (NOG) Q3 Earnings and Revenues Top Estimates

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Third Quarter 2022 Results

NOG Announces Third Quarter 2022 Results

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MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Full Mandatory Conversion of Series A Convertible Preferred Stock

NOG Announces Full Mandatory Conversion of Series A Convertible Preferred Stock

MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.30 Quarterly Cash Dividend, 20% Increase over Prior Quarter; Provides Shareholder Return Update

NOG Declares $0.30 Quarterly Cash Dividend, 20% Increase over Prior Quarter; Provides Shareholder Return Update

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Third Quarter 2022 Earnings Release and Conference Call

NOG Announces Third Quarter 2022 Earnings Release and Conference Call

Northern (NOG) expects to fund the $330-million acquisition with cash on hand, operating free cash flow and borrowings from its revolving credit facility.

Northern (NOG) to Buy $330M Stake in the Midland Basin Project

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Investment in Core Midland Basin Development Project

NOG Announces Investment in Core Midland Basin Development Project

The mean of analysts' price targets for Northern Oil and Gas (NOG) points to a 36% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 36% Upside in Northern Oil and Gas (NOG): Can the Stock Really Move This High?

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Northern Oil and Gas, Inc. spent $287.5 million on Delaware Basin acquisitions in the last couple of weeks. It also is issuing $435 million in 3.625% convertible notes due 2029.

Northern Oil & Gas Makes Another $287.5 Million In Acquisitions

The Northern Delaware Basin assets to be taken over by NOG include about 2,100 net acres, 5.3 net producing wells, 2.1 net wells in-process and approximately 17.2 net undeveloped locations.

NOG to Buy Delaware Basin Assets, Midland Basin Deal Closed

News for Northern Oil and Gas Stock (NOG)