Northern's Q3 2024 results were roughly in line with expectations, and it reaffirmed its full-year production and capex guidance. It plans to increase its quarterly dividend to $0.45 per share in 2025, around 10% higher than its average 2024 dividend. Northern entered into a joint development agreement in Appalachia for up to $160 million in 2025 spending.
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) has a policy on not responding to acquisition rumors, however the Company believes that today's article regarding NOG's potential acquisition of Granite Ridge Resources (“Granite Ridge”) requires a response. As the largest publicly traded dedicated non-operator, NOG has a large pipeline of acquisition ...
Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources , a smaller U.S. producer with operations in basins including the Permian and Eagle Ford, according to people familiar with the matter.
With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-factor relative value matrix and ranked from most to least favorable. Based on this evaluation, EQNR, VRN, MGYOY, PCCYF, and CHRD appear to be the best prospects.
Northern Oil and Gas, Inc. (NYSE:NOG ) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Evelyn Infurna - Vice President, Investor Relations Nick O'Grady - Chief Executive Officer Adam Dirlam - President Chad Allen - Chief Financial Officer Jim Evans - Chief Technical Officer Conference Call Participants Neal Dingmann - Truist Securities Scott Hanold - RBC Charle...
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.