|Day's Range||0.2600 - 0.3500|
Northern Oil and Gas (NOG) delivered earnings and revenue surprises of 9.09% and 21.77%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that Michael Reger, Northern’s Founder, President and Chairman Emeritus, is departing the company to pursue opportunities outside the Williston Basin. The departure is amicable and Mr. Reger will remain Chairman Emeritus. In addition, Mr. Reger will be available to assist Northern in the transition under a consulting arrangement through March 2020.
MINNEAPOLIS-- -- Second quarter production increased 66% over the prior year, averaging 34,965 barrels of oil equivalent per day. Cash flow from operations, excluding a $5.8 million net increase from changes in working capital, was $93.6 million in the second quarter, a 7% increase versus the first quarter. Organic drilling and development capital expenditures totaled $71.9 million during the second ...
Moody's Investors Service (Moody's) changed Northern Oil and Gas, Inc.'s (NOG) rating outlook to positive from stable. Concurrently, Moody's affirmed NOG's B3 Corporate Family Rating (CFR), B3-PD Probability of Default Rating (PDR) and Caa1 second lien senior secured notes rating. The Speculative Grade Liquidity (SGL) Rating was downgraded to SGL-3 from SGL-2.
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, Inc. (NYSE American: NOG) today announced a midyear update on its ground game acquisition strategy (“Ground Game”), which is Northern’s regular acquisition activity excluding larger, separately announced deals such as the recent VEN Bakken acquisition. As part of this update, Northern is seeking to enhance its capital expenditures disclosure by providing both the acquisition capital spent to close Ground Game deals, as Northern has historically done, and also breaking out the incremental drilling and completion (“D&C”) capital generated by Ground Game deals, to distinguish it from previously budgeted organic D&C capital. Northern is also providing a preliminary second quarter 2019 operations and balance sheet update.
Northern Oil and Gas, Inc. announced today that it plans to issue its earnings release with respect to second quarter 2019 financial and operating results on Thursday, August 1, 2019 after the market closes.
Northern Oil and Gas, Inc. (NYSE American: NOG) (“Northern”) announced today that it has closed on the previously announced acquisition of properties owned by VEN Bakken, LLC, a wholly owned subsidiary of Flywheel Bakken, LLC, in the core of the Williston Basin.
With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the first quarter. One of these stocks was Northern Oil & Gas, Inc. (NYSEAMEX:NOG). Northern Oil & Gas, Inc. […]
70+ oil & gas industry management teams will discuss 2019-2020 operations at EnerCom's 24th Denver energy investment conference DENVER , June 25, 2019 /PRNewswire/ -- The oil and gas companies presenting ...
Investors need to pay close attention to Northern Oil and Gas (NOG) stock based on the movements in the options market lately.
NEW YORK, NY / ACCESSWIRE / May 10, 2019 / Northern Oil & Gas, Inc. (NYSE American: NOG ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 10, 2019 at 10:00 ...
Northern Oil and Gas (NOG) delivered earnings and revenue surprises of -41.67% and -7.13%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Minnetonka, Minnesota-based company said it had a loss of 29 cents per share. Earnings, adjusted for non-recurring costs, were 7 cents per share. The results missed Wall Street expectations. The average ...
MINNEAPOLIS-- -- Production increased 92% over the prior year, averaging 34,598 barrels of oil equivalent per day; strong well performance driving an increase in 2019 production guidance with no change to capital spending guidance. Drilling and development capital expenditures totaled $74.0 million, a 5% reduction versus the prior quarter. Cash flow from operations, excluding an $11.4 million net increase ...
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