15 Aug 2023asset acquisition disposition▲ GoodMajor
Northern Oil & Gas closed its one-third share of the Novo Delaware Basin assets for about $468.4 million, with partner Earthstone Energy Holdings taking the rest.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Aug 2023substantial holder notice● Neutral
TRT Holdings, Inc, Cresta Investments, LLC, The Rowling Foundation, Robert B. Rowling reported a NORTHERN OIL & GAS, INC. shareholding of 4,562,862 shares (4.90% of votes) in a periodic institutional filing.
9 Aug 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi sold 110,291 shares at $41.93.
4 Aug 2023debt financing▲ GoodMajor
Ahead of closing the Novo deal, Wells Fargo agreed to raise Northern Oil & Gas's borrowing base to $1.8 billion. Separately, the company formally terminated its governance agreement with TRT Holdings and Robert Rowling entirely, ending a relationship dating back to the 2018 debt restructuring.
4 Aug 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. CFO Chad W Allen sold 4,800 shares at $40.32.
4 Aug 2023substantial holder notice● Neutral
TRT Holdings, Inc, Cresta Investments, LLC, The Rowling Foundation, Rowling Family, Robert B. Rowling reported a NORTHERN OIL & GAS, INC. shareholding of 8,299,051 shares (8.90% of votes) in a periodic institutional filing.
4 Aug 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. Chief Technical Officer James B. Evans sold 4,000 shares at $40.45.
3 Aug 2023quarterly activities report● Neutral
NORTHERN OIL & GAS, INC. reported quarterly revenue of $476.6 million and net income of $167.8 million for the period ended 2023-06-30.
2 Aug 2023quarterly activities report● Neutral
Northern Oil and Gas filed an 8-K on August 2, 2023 furnishing a press release announcing its 2023 second quarter financial and operating results.
1 Aug 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. CFO Chad W Allen sold 200 shares at $40.02.
1 Aug 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. Chief Technical Officer James B. Evans sold 1,000 shares at $40.00.
31 July 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. CEO Nicholas L. O'grady sold 22,500 shares at $39.06.
25 July 2023quarterly activities report● Neutral
Northern Oil and Gas filed an 8-K on July 25, 2023 furnishing a press release with preliminary second quarter 2023 financial and operating results.
5 July 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Jennifer S. Pomerantz received 1,093 shares as part of the equity award.
5 July 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Michael A Frantz received 1,093 shares as part of the equity award.
5 July 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Stuart G. Lasher received 1,093 shares as part of the equity award.
5 July 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Lisa Meier received 1,093 shares as part of the equity award.
5 July 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi received 3,934 shares as part of the equity award.
5 July 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Roy Ernest Easley received 1,093 shares as part of the equity award.
5 July 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Jack E King received 1,093 shares as part of the equity award.
5 July 2023director interest notice● Neutral
NORTHERN OIL & GAS, INC. director William F Kimble received 1,093 shares as part of the equity award.
16 June 2023material agreement▲ GoodMajor
Northern Oil & Gas agreed to team up with Earthstone Energy Holdings again, this time to jointly buy Novo Oil & Gas's Delaware Basin (Permian) assets - Northern taking a one-third interest for about $500 million, continuing its now-familiar playbook of co-investing alongside an operating partner.
19 May 2023debt financing▲ GoodMajor
Northern Oil & Gas raised $500 million through new 8.75% senior notes due 2031, adding to its debt stack as it kept funding acquisitions across its growing basin footprint.
17 May 2023securities registration● Neutral
NORTHERN OIL & GAS, INC. filed a prospectus supplement for an offering off its existing shelf.
15 May 2023securities registration● Neutral
NORTHERN OIL & GAS, INC. filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
15 May 2023securities registration● Neutral
NORTHERN OIL & GAS, INC. filed a prospectus supplement for an offering off its existing shelf.
5 May 2023quarterly activities report● Neutral
NORTHERN OIL & GAS, INC. reported quarterly revenue of $582.2 million and net income of $340.2 million for the period ended 2023-03-31.
4 May 2023quarterly activities report● Neutral
Northern announced it had issued a press release reporting its first quarter 2023 financial and operating results.
19 Apr 2023quarterly activities report● Neutral
Northern issued a press release with preliminary hedging and capital allocation updates for the first quarter of 2023.
13 Apr 2023agm notice● Neutral
Northern filed additional proxy materials, a notice-and-access card, for its upcoming 2023 annual stockholder meeting.