NOG

NOG Schedules First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Thursday, April 4, 2024

Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it plans to issue its first quarter 2024 financial and operating results on Tuesday, April 30, 2024, before the market opens.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it plans to issue its first quarter 2024 financial and operating results on Tuesday, April 30, 2024, before the market opens.
  • In connection with its earnings release, NOG will host a conference call and webcast to discuss its financial results at 9:00 a.m. Central Time on April 30, 2024.
  • Those wishing to listen to the conference call may do so via phone or the Company’s webcast.
  • Conference Call and Webcast Details:

NOG Publishes 2022 ESG Report

Retrieved on: 
Wednesday, April 3, 2024

Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it published its Environmental, Social and Governance (“ESG”) Report for the year ended December 31, 2022.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it published its Environmental, Social and Governance (“ESG”) Report for the year ended December 31, 2022.
  • The report highlights NOG’s commitment to enhancing its ESG reporting standards and numerous initiatives to advance its ESG program.
  • “NOG holds a unique place in the E&P world as a non-operator,” commented Nick O’Grady, NOG’s Chief Executive Officer.
  • NOG’s 2022 ESG Report is available on the Company’s website under the Sustainability section.

NOG CEO Nick O’Grady to Present at the Raymond James 45th Annual Institutional Investors Conference on March 5, 2024

Retrieved on: 
Friday, March 1, 2024

Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG”), a leading Non-Operating E&P company, today announced that Nick O’Grady, Chief Executive Officer will participate in a fireside chat at the Raymond James 45th Annual Institutional Investors conference on March 5, 2024, at 9:50 a.m.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG”), a leading Non-Operating E&P company, today announced that Nick O’Grady, Chief Executive Officer will participate in a fireside chat at the Raymond James 45th Annual Institutional Investors conference on March 5, 2024, at 9:50 a.m.
  • ET.
  • A live webcast of the event can be accessed from the Investor Relations, Events and Presentations tab on our website or through the following link: https://wsw.com/webcast/rj129/nog/1473120 .
  • The webcast will be archived on our website for 90 days.

NOG Provides Fourth Quarter 2023 Operations Update and Preliminary 2024 Guidance

Retrieved on: 
Thursday, February 15, 2024

Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced a fourth quarter 2023 operations update, also highlighting elective Ground Game acquisitions, and preliminary 2024 guidance.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced a fourth quarter 2023 operations update, also highlighting elective Ground Game acquisitions, and preliminary 2024 guidance.
  • Fourth quarter 2023 production estimated to be 114.4 Mboe per day, resulting in annual production toward the high end of NOG’s guidance range
    Production volumes in the fourth quarter of 2023 are estimated to have averaged 114.4 Mboe per day.
  • Consequently, NOG incurred approximately $50 million of capital in the fourth quarter that was previously planned for 2024.
  • NOG expects first quarter 2024 production volumes to be slightly lower than the fourth quarter of 2023.

NOG Declares $0.40 Quarterly Cash Dividend, 18% Increase Year-over-Year and Provides Update on Current Hedge Position

Retrieved on: 
Tuesday, February 6, 2024

Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today announced the declaration of a dividend on the Company’s common stock and provided an update on current hedging positions.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today announced the declaration of a dividend on the Company’s common stock and provided an update on current hedging positions.
  • 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 March 28, 2024.
  • With an improved hedge profile, strong balance sheet and significant free cash flow, we have great options to deliver growth and value in multiple forms.

NOG Announces Closings of Utica and Northern Delaware Acquisitions

Retrieved on: 
Monday, February 5, 2024

Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG”) has now closed on both of its previously announced acquisitions of Utica and Northern Delaware Basin assets from private sellers.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG”) 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 $17.1 million deposit paid at signing in November 2023.
  • More information regarding these acquisitions can be found in NOG’s November 21, 2023, press release announcing the transactions, which is available here .

NOG Schedules Fourth Quarter and Year-End 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, January 31, 2024

Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) 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.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) 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 Details:

NOG Announces Bolt-on Acquisitions; Expands Northern Delaware Position and Enters Ohio Utica Shale in Appalachia

Retrieved on: 
Tuesday, November 21, 2023

Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or “Company”) today announced two acquisition transactions.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or “Company”) today announced two acquisition transactions.
  • The undeveloped assets are of extremely high quality, with an average pre-tax PV-10 breakeven of less than $45 per barrel.
  • NOG has entered into a definitive agreement with a separate private party to acquire non-operated interests in Jefferson, Harrison, Belmont, and Monroe Counties, Ohio.
  • Substantially all the assets are operated by Ascent Resources, one of the top Utica producers in Ohio.

UNLEASH THE FUN: REINDEER GAMES - THE CAN'T-MISS KIDS EVENT OF THE YEAR!

Retrieved on: 
Thursday, November 30, 2023

It's the can't-miss kids event of the season that promises fun for the whole family and holiday memories that last forever!

Key Points: 
  • It's the can't-miss kids event of the season that promises fun for the whole family and holiday memories that last forever!
  • Don't Be Left Out of the Holiday Fun:
    Santa's Special Mission & Reindeer Roundup Spectacle: Join forces with Santa himself in the North Pole's biggest rescue mission.
  • Meet the North Pole's Whimsical Inhabitants: Don't miss the chance to rub shoulders with the friendly residents of the North Pole.
  • Reindeer Games is THE kids holiday event of the year, and you don't want to be left out in the cold.

NOG Declares $0.40 Quarterly Cash Dividend, 33% Increase Year-over-Year, 5% Sequential Increase over Prior Quarter

Retrieved on: 
Monday, October 30, 2023

Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today announced that its Board of Directors has declared a cash dividend on the Company’s common stock.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) 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.
  • 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.
  • “We are pleased to deliver our 2024 dividend plan a quarter early,” commented Chad Allen, NOG’s Chief Financial Officer.