Welcome to our dedicated page for Northern Oil and Gas news (Ticker: NOG), a resource for investors and traders seeking the latest updates and insights on Northern Oil and Gas stock.
Northern Oil and Gas, Inc. reports developments tied to its strategy of acquiring and investing in non-operated minority working and mineral interests in hydrocarbon-producing basins within the contiguous United States. Company updates commonly cover oil and natural gas production, commodity-price hedging, lease operating costs, capital expenditures and cash flow measures.
Recurring news also includes acquisitions of upstream and midstream assets, ground game transactions that add acreage and wells, common-stock dividends, equity offerings and other capital actions. Basin exposure includes areas such as the Williston, Permian, Uinta and Appalachian regions, with company materials also referencing Ohio Utica assets.
Northern Oil and Gas (NYSE: NOG) published its 2025 Environmental, Social and Governance report covering the year ended December 31, 2025. Highlights include a third‑party cybersecurity assessment against NIST 2.0, a climate hazard risk analysis for each well site, and purchase and retirement of 250 tonnes CO2e.
The 250 tonnes offset more than 100% of the company’s Scope 1 and Scope 2 emissions, and the disclosure follows SASB Oil & Gas – E&P and SASB Asset Management standards.
Northern Oil and Gas (NYSE: NOG) priced an underwritten public offering of 7,207,208 shares of common stock with a 30-day underwriter option for up to an additional 1,081,081 shares. The offering is expected to close on March 13, 2026, subject to customary closing conditions.
Net proceeds will be used for general corporate purposes, including repayment of a portion of outstanding borrowings under the company's revolving credit facility. BofA Securities is sole book-running manager; the offering will be made by prospectus supplement and base prospectus filed on Form S-3.
Northern Oil and Gas (NYSE: NOG) announced a proposed underwritten public offering of $200,000,000 of common stock and a 30-day underwriter option to purchase up to an additional $30,000,000 of shares on March 11, 2026.
The company said proceeds will be used for general corporate purposes, including repayment of a portion of borrowings under its revolving credit facility. BofA Securities is sole book-running manager. The Offering is subject to market and other conditions and will be made only by prospectus supplement and base prospectus filed with the SEC.
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.