Welcome to our dedicated page for Northern O & G news (Ticker: NOG), a resource for investors and traders seeking the latest updates and insights on Northern O & G stock.
Northern Oil & Gas (NOG) provides timely updates on its strategic operations across key U.S. basins, including the Williston and Permian regions. This page serves as a comprehensive resource for investors and industry professionals seeking official press releases, financial announcements, and operational developments.
Access curated updates on earnings reports, asset acquisitions, and production milestones, all critical for evaluating the company's position in the energy sector. Our collection ensures transparent access to NOG's exploration activities, regulatory compliance efforts, and market strategies without speculative commentary.
Regularly updated content covers technical advancements in drilling, partnerships, and sustainability initiatives. Bookmark this page to stay informed about NOG's evolving role in oil and gas exploration through verified, investor-focused communications.
Northern Oil and Gas (NOG) has declared a cash dividend of
Northern Oil and Gas (NOG) has successfully closed its acquisition of non-operated Permian Basin assets from Veritas Energy for a total of $419.4 million. This strategic move, which is the largest in NOG's history, is aimed at diversifying the company's asset base and enhancing shareholder returns. The deal includes approximately 1.94 million common stock warrants with an exercise price of $28.30 per share. CEO Nick O’Grady emphasized the acquisition's significance in achieving a low-leverage, diversified financial structure.
Northern Oil and Gas, Inc. (NYSE American: NOG) has announced a long-term base dividend growth plan aimed at enhancing returns for investors. The management emphasizes a commitment to providing strong capital returns while pursuing growth opportunities. The strategy is part of Northern's effort to maintain a diversified, low-leverage business model, focusing on delivering superior total returns. Additional details can be accessed in their presentation available on the company’s website.
Northern Oil and Gas, Inc. (NYSE American: NOG) has announced a significant management promotion and a new addition to its Board of Directors. Adam Dirlam has been promoted to President, reflecting his increasing responsibilities during a pivotal year for the company. Additionally, Jennifer Pomerantz, former CEO of American Natural, joins the board, bringing extensive experience in energy and investment banking. This strategic leadership shift aims to enhance Northern's operational execution and growth trajectory in the oil and gas sector.
Northern Oil and Gas announced a public offering of 10,000,000 shares of common stock priced at $20.00 per share, with 9,500,000 shares offered by the Company and 500,000 by Selling Stockholders. The offering, which includes a 30-day option for underwriters to purchase an additional 1,500,000 shares, is expected to close on November 22, 2021. Proceeds will fund the acquisition of non-operated assets in the Permian Basin. The Company will not receive proceeds from the Selling Stockholders, whose sales are for tax planning and charitable purposes.
Northern Oil and Gas, Inc. (NYSE American: NOG) has launched a public offering of 10 million shares of common stock, including 9.5 million shares from the Company and 500,000 from Selling Stockholders. Underwriters may purchase an additional 1.5 million shares. The proceeds will primarily fund the acquisition of non-operated assets in the Permian Basin from Veritas Energy, with any excess proceeds potentially used for debt repayment. The Offering's completion is not tied to the acquisition.
Northern Oil and Gas has announced an agreement to acquire non-operated properties in the
Northern Oil and Gas, Inc. (AMEX: NOG) has declared a cash dividend of
Northern Oil and Gas, Inc. (AMEX: NOG) has priced a private placement of $200 million in additional 8.125% senior notes due 2028, offered at 106.75% of par, yielding 6.31%. This issuance will close on November 15, 2021, subject to customary conditions. Proceeds will be used to reduce borrowings under its revolving credit facility. The notes are exempt from registration under the Securities Act and offered only to qualified institutional buyers and non-U.S. persons. This offering aims to strengthen the company’s financial position and manage debt responsibly.
Northern Oil and Gas, Inc. (AMEX: NOG) announced a private placement offering of additional 8.125% senior notes due 2028, amounting to