IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — NOG

August 26, 2026View Source ↗

Northern Oil & Gas issued $500 million in aggregate principal amount of 7.500% Senior Notes due 2034 under a new indenture with Wilmington Trust as trustee on August 26, 2026. The notes mature on September 1, 2034, with semi-annual interest payments commencing March 1, 2027. The company retains optional redemption rights, including a 107.5% make-whole premium for up to 40% of the principal prior to September 1, 2029, subject to equity offering proceeds. Standard covenants restrict additional indebtedness, dividends, and asset sales, terminating if investment-grade ratings are achieved. Northern Oil & Gas operates in the oil and gas exploration and production industry.

August 19, 2026View Source ↗

Northern Oil and Gas announced the pricing of a $500 million private offering of 7.500% senior notes due in 2034 at par on August 19, 2026. The transaction is expected to close on August 26, 2026, subject to customary conditions. Net proceeds will primarily repay outstanding borrowings under the company's revolving credit facility, with any remainder allocated for general corporate purposes. Northern Oil and Gas operates as a dedicated non-operator in the U.S. oil and gas industry.

August 19, 2026View Source ↗

Northern Oil & Gas announced on August 19, 2026, its intention to offer $500 million in aggregate principal amount of new senior notes due 2034 via a private offering exempt from registration under Rule 144A and Regulation S. The company intends to use the net proceeds primarily to repay outstanding borrowings under its revolving credit facility, with any remainder allocated for general corporate purposes. This financing activity represents a significant capital structure event that could impact the firm's leverage profile and liquidity position. Northern Oil & Gas operates in the oil and gas exploration and production industry as a non-operator focused on acquiring working interests and mineral rights.

August 6, 2026View Source ↗

Northern Oil and Gas reported second quarter 2026 GAAP net income of $236.6 million ($2.19 per diluted share), driven by a 17% sequential increase in Adjusted EBITDA to $401.0 million. Total production averaged 145,659 Boe per day, up 9% year-over-year, with record natural gas output of 464,330 Mcf per day. The company closed its Duvernay Light Oil Joint Development acquisition for $262.1 million and generated $159.0 million in free cash flow. Management declared a quarterly cash dividend of $0.45 per share, payable October 30, 2026 to shareholders of record on September 29, 2026. Additionally, the board authorized a $150.0 million increase to the share repurchase program, bringing total capacity to approximately $243.0 million. Northern Oil and Gas is an independent oil and gas exploration and production company focused on acquiring non-operated working interests in North American basins.

July 13, 2026View Source ↗

Northern Oil and Gas, Inc. issued a press release on July 13, 2026, providing preliminary financial and operating results for the second quarter of 2026. The company is an oil and gas exploration and production company.