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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

Northern Oil and Gas made a $110 million Midland Basin acquisition. It has also spent over $100 million on preferred and common share repurchases during 2022.

Northern Oil and Gas Adds To Its Permian Position

The acquisition, Northern Oil and Gas' (NOG) second of the year, will add to its Permian Basin position and is expected to be immediately accretive on multiple metrics.

Northern (NOG) Signs Deal to Buy Texas Assets for $110M

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Midland Basin Bolt-on Acquisition

NOG Announces Midland Basin Bolt-on Acquisition

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Closing of Williston Basin Bolt-on Acquisition

NOG Announces Closing of Williston Basin Bolt-on Acquisition

Northern Oil and Gas' (NOG) second-quarter earnings and revenues beat the consensus mark due to better-than-expected performances, aided by high energy prices.

Northern Oil (NOG) Q2 Earnings & Sales Outperform Estimates

Northern Oil and Gas, Inc. (NYSE:NOG ) Q2 2022 Results Conference Call August 4, 2022 12:00 PM ET Company Participants Erik Romslo - CLO Nick O'Grady - CEO Adam Dirlam - President Chad Allen - CFO James Evans - EVP & Chief Engineer Conference Call Participants Austin Aquane - Johnson Rice Derrick Whitfield - Stifel John Freeman - Raymond James John Abbott - Bank of America Neal Dingmann - Truist Securities Nicholas Pope - Seaport Research Noel Parks - Tuohy Brothers Operator Greetings. Welcome to Northern Oil Second Quarter 2022 Earnings Call.

Northern Oil and Gas, Inc. (NOG) CEO Nick O'Grady on Q2 2022 Results - Earnings Call Transcript

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

NOG Announces Second Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.25 Quarterly Cash Dividend, 32% Increase over Prior Quarter, and Provides Share Repurchase Update

NOG Declares $0.25 Quarterly Cash Dividend, 32% Increase over Prior Quarter, and Provides Share Repurchase Update

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Addition to the Board of Directors

NOG Announces Addition to the Board of Directors

Northern Oil and Gas (NOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Northern Oil and Gas (NOG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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

NOG Announces Second Quarter 2022 Earnings Release and Conference Call

The consensus price target hints at a 67% upside potential for Northern Oil and Gas (NOG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Northern Oil and Gas (NOG) Have the Potential to Rally 67% as Wall Street Analysts Expect?

Northern Oil and Gas (NOG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Northern Oil and Gas (NOG) Upgraded to Buy: Here's Why

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Cancellation of Equity Warrants and Provides Update on Shareholder Return Initiatives

NOG Announces Cancellation of Equity Warrants and Provides Update on Shareholder Return Initiatives

The investment in this recent acquisition is likely to pay back in about five years if Northern Oil (NOG) sustains the asset-level output at roughly 2,500 barrels of oil equivalent per day.

Northern (NOG) to Snap Up Williston Basin Assets for $170M

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Williston Basin Bolt-on Acquisition, Increased 2022 Activity, Shareholder Return Update

NOG Announces Williston Basin Bolt-on Acquisition, Increased 2022 Activity, Shareholder Return Update

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces New Five-Year Reserves-Based Lending Facility with Significant Borrowing Base Increase

NOG Announces New Five-Year Reserves-Based Lending Facility with Significant Borrowing Base Increase

Northern Oil & Gas, Inc. (NYSE:NOG) staged a sharp bounce off long-time support at the 160-day moving average in mid-April, toppling its former three-year highs to notch a series of fresh peaks last week.

This Oil and Gas Stock Has Room to Run

Northern Oil and Gas (NOG) stock price surges 22.2% after the company's first-quarter earnings and revenues beat the consensus mark due to better-than-expected performances.

Northern (NOG) Stock Up 22% Since Q1 Earnings & Sales Beat

Northern has been increasing its dividend. It declared a $0.08 dividend for Q4 2021 and now expects to announce a $0.25 dividend for Q3 2022. It has also repurchased $40 million of its preferred shares and is authorized to repurchase preferred and common shares as well as its unsecured notes.

Northern Oil and Gas Expects To Increase Its Quarterly Dividend To $0.25 For Q3 2022

Northern Oil and Gas, Inc. (NYSE:NOG ) Q1 2022 Earnings Conference Call May 6, 2022 11:00 AM ET Company Participants Nicholas O'Grady - CEO Adam Dirlam - President Michael Kelly - Chief Strategy Officer Chad Allen - CFO Conference Call Participants Neal Dingmann - Truist Securities Scott Hanold - RBC Capital Markets John Freeman - Raymond James Charles Meade - Johnson Rice Phillips Johnston - Capital One Noel Parks - Tuohy Brothers John Abbott - Bank of America Operator Greetings, and welcome to the NOG First Quarter 2022 Earnings Call and Webcast. At this time all participants are in a listen-only mode.

Northern Oil and Gas, Inc. (NOG) CEO Nicholas O'Grady on Q1 2022 Results - Earnings Call Transcript

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Record First Quarter 2022 Results and Updates Guidance

NOG Announces Record First Quarter 2022 Results and Updates Guidance

MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares Cash Dividend; Announces Further Acceleration of Dividend Plan and Shareholder Returns; Increases Repurchase Authorizations

NOG Declares Cash Dividend; Announces Further Acceleration of Dividend Plan and Shareholder Returns; Increases Repurchase Authorizations

After losing some value lately, a hammer chart pattern has been formed for Northern Oil and Gas (NOG), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

News for Northern Oil and Gas Stock (NOG)