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 and Gas, Inc. (NYSE: NOG) generates a steady flow of news as it acquires and manages non-operated working and mineral interests in key U.S. oil and natural gas basins. The company’s press releases and SEC reports provide regular updates on production, acquisitions, financing and hedging activities tied to its crude petroleum and natural gas extraction focus.
On this page, readers can follow NOG news related to its positions in the Williston, Permian, Uinta and Appalachian basins, as well as its joint acquisition of upstream and midstream assets in the Utica shale of eastern Ohio with Infinity Natural Resources. Recent announcements have covered bolt-on royalty and mineral acquisitions in the Uinta Basin, numerous ground game transactions that add net acres and wells across multiple basins, and a large Ohio Utica transaction that includes both upstream properties and integrated gathering, compression and water systems.
NOG also issues frequent updates on its financial and capital structure. News items include quarterly financial and operating results, changes to annual production and capital expenditure guidance, the pricing and issuance of 7.875% senior notes due 2033, tender offers for 8.125% senior notes due 2028, and amendments to its reserves-based revolving credit facility. The company’s communications often highlight its use of commodity hedges, with detailed tables of oil, natural gas and basis derivatives.
Investors and followers of NOG can use this news feed to review earnings releases, acquisition announcements, hedging updates, dividend declarations and other company communications in one place. Regularly reviewing these items can help readers understand how NOG’s non-operated interests, acquisition activity, financing arrangements and risk management practices evolve over time.
Northern Oil and Gas (NYSE: NOG) reported Q4 2025 production of 140,064 Boe/d (53% oil) and record gas at 392,163 Mcf/d. Q4 oil and gas sales were $447.7M; GAAP net loss was $70.7M while Adjusted EBITDA was $366.5M. Full year 2025 revenue was $2.1B and Adjusted EBITDA $1.6B. NOG closed a $464.6M joint Utica acquisition, expanded its revolving credit borrowing base to $1.975B, declared a $0.45 quarterly dividend, and provided 2026 low/high operating and capex guidance.
Northern Oil and Gas (NYSE: NOG) declared a quarterly cash dividend of $0.45 per share, unchanged from the prior quarter and prior year. The dividend is payable April 30, 2026 to holders of record at close of business March 30, 2026.
Management recommended maintaining the quarterly dividend at $0.45 for calendar year 2026, while noting the Board cannot declare dividends more than 60 days before the record date and that future dividends are not assured.
Northern Oil and Gas (NYSE: NOG) closed its joint acquisition of non-operated upstream and midstream interests in the Ohio Utica Shale on February 23, 2026, taking a 40% stake in the Assets for a closing payment of $464.5 million (including a prior $58.8 million deposit).
Concurrent with the closing, NOG amended its reserves-based Revolving Credit Facility, increasing the elected commitment to $1.8 billion and the borrowing base to $1.975 billion, adding roughly $200 million of extra liquidity.
Northern Oil and Gas (NYSE: NOG) and Infinity Natural Resources adjusted ownership of their pending Ohio Utica acquisition. NOG will acquire a 40% undivided interest for a cash purchase price of $480 million (reduced from $588 million). INR increases to 60%.
Transaction economics remain pro rata and subject to customary closing adjustments. The parties continue to expect closing by the end of Q1 2026. NOG plans to fund its share with cash on hand, operating free cash flow, and borrowings under its reserves-based lending facility.
Northern Oil and Gas (NYSE: NOG) reported Q4 2025 updates including estimated $84.0–$88.0M unrealized mark-to-market gains and $70.0–$72.0M realized hedge gains on derivatives, expanded oil and gas hedges for 2026–2027, a record ground game (33 Q4 transactions, ~$77.0M deployed) and a $260–$270M non-cash impairment under the full-cost ceiling test. The company said hedges now cover >45,000 Bbls/day for H1 2026 and >40,000 Bbls/day for full-year 2026, plus ~285–295 MMBtu/day of gas hedges.
Northern Oil and Gas (NYSE: NOG) will release its fourth quarter and year‑end 2025 financial and operating results on Wednesday, February 25, 2026 after market close. The company will host an earnings conference call on Thursday, February 26, 2026 at 8:00 a.m. Central Time, available by phone and webcast.
Call details: Dial (800) 715‑9871 or International (646) 932‑3411; Conference ID 4503139. A replay is available through March 12, 2026 at (800) 770‑2030 or International (647) 362‑9199 using Conference ID 4503139. The webcast archive will remain on NOG's website through February 25, 2027.
Northern Oil and Gas (NYSE: NOG) updated its post-transaction hedge profile following the Ohio Utica joint acquisition on December 17, 2025. The company said it increased natural gas hedges so that 2026 and 2027 gas hedge volumes represent approximately 60% and 30%, respectively, of Q3 2025 annualized natural gas production pro forma for the Utica deal.
NOG reported > 35,400 Bbl/day of oil hedged (swap price > $68.70, collar floor $63.84), ~267,500 MMBtu/day gas hedged for 2026 (swaps $4.06; collars $3.43-$4.98), and average 124,315 MMBtu/day hedged for 2027. The company added M2 and REX Z3 basis hedges.
Northern Oil and Gas (NYSE: NOG) agreed to acquire a 49% non-operated stake in Ohio Utica assets with Infinity for $588.0 million net to NOG, part of a combined $1.2 billion purchase. The assets include ~35,000 net acres, >100 undeveloped locations, and integrated midstream with ~140 miles of gathering pipe and 90 miles of water systems.
Estimated 2026 production net to NOG is ~65 MMcfe/d (92% gas) with >30% CAGR to decade-end; expected $100M cash flow in 2026 net to NOG, midstream contributing ~19%. Closing expected by Q1 2026; NOG placed a $58.8M deposit in escrow.
Northern Oil and Gas (NYSE: NOG) reported Q3 2025 results with total production of 131,054 Boe/d (55% oil), up 8% year-over-year. GAAP net loss was $129.1M driven by a non-cash impairment of $318.7M, while Adjusted EBITDA was $387.1M and Adjusted Net Income was $101.8M. Cash flow from operations totaled $362.1M and Free Cash Flow was $118.9M. Q3 capex (ex-acquisitions) was $272.0M. Corporate actions included issuing $725M 7.875% notes due 2033 and repurchasing ~97% of 2028 notes, and amending the revolver to extend maturity to Nov 2030. 2025 guidance tightened: production raised to 132,500–134,000 Boe/d and capex narrowed to $950–$1,025M.
Northern Oil and Gas (NYSE: NOG) entered an amended and restated credit agreement on November 5, 2025, for its reserves-based revolving credit facility with Wells Fargo and a 20‑lender syndicate.
The Facility's elected commitment remains $1.6 billion and the borrowing base remains $1.8 billion. The maturity date was extended from June 2027 to November 2030, increasing NOG's weighted average debt maturity to six years. The company also secured a 60 basis point reduction in the cost of borrowing on the Facility, which management says improves liquidity and lowers all‑in cost of debt.