31 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Jack E King disposed of 24,000 shares via option/appreciation-right settlement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
31 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi disposed of 79,200 shares via option/appreciation-right settlement.
31 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. President & CFO Nicholas L. O'grady disposed of 62,500 shares via option/appreciation-right settlement.
23 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. 10%+ owner Robert B. Rowling gifted 1,500,000 shares.
17 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. EVP of Land Adam A. Dirlam had 5,342 shares withheld for taxes on vesting stock.
9 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. Chief Accounting Officer Chad W Allen had 6,878 shares withheld for taxes on vesting stock.
9 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. EVP of Land Adam A. Dirlam had 13,961 shares withheld for taxes on vesting stock.
27 Nov 2019substantial holder notice● Neutral
Angelo, Gordon & Co., L.P, AG Partners, L.P, JAMG LLC, Michael L. Gordon reported a NORTHERN OIL & GAS, INC. shareholding of 41,507,527 shares (9.99% of votes) in a periodic institutional filing.
26 Nov 2019capital raising announcement▲ GoodMajor
Northern Oil and Gas closed the exchange and subscription offers tied to its 8.50% second-lien notes tender, issuing 6.50% Series A convertible preferred stock. Backstop parties bought $42.1 million of preferred for cash and exchanged $24.9 million of notes for it, and Northern also signed a new $1.5 billion revolving credit facility.
26 Nov 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. 10%+ owner Robert B. Rowling bought 21,894 shares on the open market.
22 Nov 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. President & CFO Nicholas L. O'grady received 100,000 shares as part of the equity award.
22 Nov 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi received 800,000 shares as part of the equity award.
12 Nov 2019quarterly activities report● Neutral
NORTHERN OIL & GAS, INC. reported quarterly revenue of $233.9 million and net income of $94.4 million for the period ended 2019-09-30.
12 Nov 2019substantial holder notice● Neutral
Angelo, Gordon & Co., L.P, AG Partners, L.P, JAMG LLC, Michael L. Gordon reported a NORTHERN OIL & GAS, INC. shareholding of 31,804,525 shares (7.98% of votes) in a periodic institutional filing.
12 Nov 2019material agreement● Neutral
Northern Oil & Gas got its bank lenders to temporarily loosen its leverage and liquidity covenants through early 2020, giving it breathing room after its debt-heavy VEN Bakken acquisition.
5 Nov 2019substantial holder notice● Neutral
Angelo Gordon and affiliates, still holding 31,804,525 shares (7.98%), said on November 4, 2019 that their backstop parties consented to amended terms of Northern's consent solicitation. They also reported holding $98.5 million par of its 2023 second lien notes.
30 Oct 2019quarterly activities report● Neutral
Northern issued a press release on October 30, 2019 with preliminary production and operations information for the third quarter of 2019. The 8-K itself gave no revenue or earnings figures.
22 Oct 2019material agreement● NeutralMajor
With debt built up from its 2018-2019 acquisition spree, Northern Oil & Gas launched a capital-structure cleanup: a $200 million cash tender for its 8.50% notes, an offer to swap up to $70.75 million more of those notes for new 6.5% convertible preferred stock, and lender commitments for a new revolving credit facility - all backstopped by a group of its own noteholders.
22 Oct 2019substantial holder notice● Neutral
Angelo Gordon and affiliates, still holding 31,804,525 shares (7.98%), disclosed a backstop agreement with Northern tied to its October 21, 2019 offers for its 2023 second lien notes. The accounts agreed to tender their notes and take up any unissued preferred stock.
3 Sept 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. Chief Financial Officer Nicholas L. O'grady bought 25,000 shares on the open market at $1.55.
30 Aug 2019substantial holder notice● Neutral
Angelo, Gordon & Co., L.P, AG Partners, L.P, JAMG LLC, Michael L. Gordon disclosed a new substantial NORTHERN OIL & GAS, INC. shareholding (7.98% of votes).
16 Aug 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. 10%+ owner Robert B. Rowling bought 985,100 shares on the open market.
12 Aug 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi bought 213,201 shares on the open market at $1.73.
9 Aug 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. EVP of Land Adam A. Dirlam bought 16,000 shares on the open market at $1.56.
8 Aug 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. EVP, General Counsel & Sec Erik J. Romslo bought 32,052 shares on the open market at $1.56.
8 Aug 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. 10%+ owner Robert B. Rowling bought 1,508,382 shares on the open market.
8 Aug 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi bought 1,337,588 shares on the open market.
5 Aug 2019quarterly activities report● Neutral
NORTHERN OIL & GAS, INC. reported quarterly revenue of $186.4 million and net income of $44.4 million for the period ended 2019-06-30.
1 Aug 2019quarterly activities report● Neutral
Northern Oil and Gas announced on August 1, 2019 that it had issued a press release with its second quarter 2019 financial and operating results. The figures were in the press release exhibit, not in this filing.
24 July 2019quarterly activities report● Neutral
Northern Oil and Gas announced on July 24, 2019 that it had issued a press release with preliminary financial and operating information for the second quarter of 2019. The figures were in the press release exhibit, not in this filing.