Wed, Jan 28, 2015, 5:10 AM EST - U.S. Markets open in 4 hrs 20 mins

Recent

% | $
Quotes you view appear here for quick access.

Northern Oil and Gas, Inc. Message Board

  • bluelivermore bluelivermore Mar 13, 2012 11:53 AM Flag

    Royalty Checks Qtr Behind

    So what was the average price of oil for the 4th quarter. That is what the earnings this quarter are based on. Since royalty checks lag a quarter behind.
    This avoids some wild speculation, about new wells and what production will be this quarter when NOG's earnings in large part are based on last quarters wells and production.
    It is actually a very predictable model, the royalty model. Making NOG a great additions to company like Slawson, or KOG. Banks want to finanace a buy out of a royalty portfolio.

 
NOG
6.82+0.03(+0.44%)Jan 27 4:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Apple Inc.
NASDAQTue, Jan 27, 2015 4:00 PM EST
Microsoft Corporation
NASDAQTue, Jan 27, 2015 4:00 PM EST
Horizon Pharma plc
NASDAQTue, Jan 27, 2015 4:00 PM EST