NOG

NOG Declares $0.40 Quarterly Cash Dividend

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星期四, 五月 2, 2024
Energy, Natural Resources, Mining, Minerals, Oil, Gas, NOG

Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today announced that its Board of Directors has declared a cash dividend in the amount of $0.40 per share of common stock, the planned quarterly level for 2024 as previously disclosed.

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 in the amount of $0.40 per share of common stock, the planned quarterly level for 2024 as previously disclosed.
  • The dividend is payable on July 31, 2024, to stockholders of record as of the close of business on June 27, 2024.

NOG Announces Expansion of Revolving Credit Facility

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星期一, 四月 29, 2024
Energy, Other Energy, Oil, Gas, Chase Bank, JPMorgan Chase, NOG, Facility, Mizuho, Comerica, Mizuho Bank

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 “Facility”).

Key Points: 
  • 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 “Facility”).
  • In connection with the redetermination, NOG entered into an amendment to the Facility that leaves the borrowing base unchanged at $1.8 billion and increases the elected commitment amount to $1.5 billion (from $1.25 billion).
  • In addition, JP Morgan Chase Bank, Mizuho Bank and Comerica Bank have joined as new members of the Facility’s lending syndicate.
  • Our massive liquidity advantage continues to expand versus our non-operated peers providing us with an ever-increasing competitive advantage.”

NOG Provides Update on First Quarter Hedging Results and Stock Repurchases

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星期二, 四月 16, 2024
Energy, Natural Resources, Mining, Minerals, Oil, Gas, NOG

Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today provided an update regarding first quarter hedging results and stock repurchases.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today provided an update regarding first quarter hedging results and stock repurchases.
  • The Company allocated capital in the first quarter of 2024 to common stock repurchases.
  • As of the end of the first quarter, the Company had $67.5 million of availability remaining on its existing common stock repurchase authorization.
  • “Repurchases of NOG’s common stock offered a compelling option for our excess cash flow in the first quarter,” commented Nick O’Grady, NOG’s Chief Executive Officer.

NOG Schedules First Quarter 2024 Earnings Release and Conference Call

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星期四, 四月 4, 2024
Oil, Gas, Energy, NOG, Conference, Central Time, Broadcasting

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

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星期三, 四月 3, 2024
Environmental Policy, Professional Services, Other Natural Resources, Mining, Minerals, Environmental, Social and Governance (ESG), Other Energy, Natural Resources, Oil, Gas, Environment, Energy, Sustainability, Biophysical environment, NOG, ESG, Social, Sustainability accounting

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

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星期五, 三月 1, 2024
Other Natural Resources, Other Energy, Mining, Minerals, Oil, Gas, Energy, Natural Resources, NOG, Webcast

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

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星期四, 二月 15, 2024
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Permian, Ground game, Acquisition, NYMEX, Weather, Natural gas, Growth, D&C, Dislocation, Freezing, TILS, Forge, Acceleration, Public expenditure, NOG, Henry Hub, MPDC, Video game

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

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星期二, 二月 6, 2024
Oil, Gas, Energy, Growth, Environment, NOG

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

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星期一, 二月 5, 2024
Energy, Other Energy, Oil, Gas, NOG

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

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星期三, 一月 31, 2024
Energy, Other Energy, Oil, Gas, Conference, NOG, Central Time, Broadcasting

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: