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United States

Northern Oil and Gas Inc (NOG)

NOG on American Stock Exchange

1.65USD
26 May 2017
Change (% chg)

$-0.10 (-5.71%)
Prev Close
$1.75
Open
$1.70
Day's High
$1.75
Day's Low
$1.65
Volume
1,591,673
Avg. Vol
715,039
52-wk High
$5.00
52-wk Low
$1.55

Latest Key Developments (Source: Significant Developments)

Bahram Akradi reports 5.28 pct stake in Northern Oil And Gas
Tuesday, 11 Oct 2016 12:10pm EDT 

Northern Oil And Gas Inc : Bahram akradi reports 5.28 percent stake in northern oil and gas inc as of september 30 - sec filing . Bahram akradi - believes common stock of northern oil and gas inc undervalued and attractive investment .Bahram akradi - expects to engage in discussions with management, board and other shareholders and other relevant parties concerning co's business.  Full Article

Northern Oil and Gas says co has never owned any interest in Dakota plains
Tuesday, 16 Aug 2016 06:50am EDT 

Northern Oil And Gas Inc : Wells notice stated that staff has made preliminary determination to recommend sec institute enforcement action against Reger . Reger notified company that he had received a "wells notice" from staff of sec on august 11, 2016 . "company has never owned any interest in Dakota plains" - sec filing .Co does not believe that it, or any conduct by co, is focus of investigation by governmental agency in relation to dakota plains.  Full Article

Northern Oil and Gas names Tom Stoelk interim CEO
Tuesday, 16 Aug 2016 06:45am EDT 

Northern Oil And Gas Inc : Northern oil and gas, inc. Announces executive officer changes; tom stoelk named interim chief executive officer; discloses ongoing strategic evaluation . Northern oil and gas, inc. Announces executive officer changes; tom stoelk named interim chief executive officer; discloses ongoing strategic evaluation . Chad allen, northern's existing corporate controller, has been named to position of chief accounting officer . "board has been evaluating strategic alternatives to increase shareholder value" . Stoelk has been northern's chief financial officer since december 2011 . Michael reger terminated as northern's ceo, has ceased being a member of northern's board of directors, effective immediately . Company engaged tudor, pickering, holt & co. As its financial advisor ."in light of challenges of operating in a lower commodity price environment", co's board evaluating strategic alternatives.  Full Article

Northern Oil and Gas reports Q2 adj earnings per share $0.10
Thursday, 4 Aug 2016 04:15pm EDT 

Northern Oil And Gas Inc : Q2 gaap loss per share $1.78 . Northern Oil and Gas, Inc. Announces 2016 second quarter results . Q2 earnings per share view $0.06 -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $0.10 . Northern Oil and Gas Inc says northern continues to expect 2016 total production to be down approximately 15% compared to 2015 production levels . Continues to expect 2016 total production to be down approximately 15% compared to 2015 production levels . Northern Oil and Gas Inc says full year capital expenditures to total between $60 and $70 million . Q2 revenue view $55.0 million -- Thomson Reuters I/B/E/S . Recorded a non-cash ceiling test impairment of $88.9 million in q2 of 2016 .Qtrly total revenues $32 million versus $40.9 million.  Full Article

Northern Oil And Gas, Inc. Q1 gaap loss per share $2.08
Monday, 9 May 2016 05:59pm EDT 

Northern Oil And Gas Inc : In q1 of 2016, oil, natural gas and ngl sales decreased 44% as compared to q1 of 2015 . Continues to expect 2016 total production to be down approximately 15% compared to 2015 production levels . Northern oil and gas, inc. Announces 2016 first quarter results and borrowing base redetermination and amendments under revolving credit facility . Q1 gaap loss per share $2.08 . Q1 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S .Q1 adjusted earnings per share $0.01.  Full Article

Northern Oil and Gas Inc reaffirms FY 2015 production guidance
Wednesday, 4 Nov 2015 04:15pm EST 

Northern Oil and Gas Inc:Continues to expect FY 2015 total production to be flat compared to Fy 2014 production levels.  Full Article

Northern Oil and Gas Inc reaffirms FY 2015 production guidance
Wednesday, 5 Aug 2015 04:30pm EDT 

Northern Oil and Gas Inc:Says Northern's FY 2015 guidance remains unchanged, with FY 2015 total production expected to be essentially flat with FY 2014 based on Northern's planned $140 million capital budget.  Full Article

More From Around the Web

BRIEF-Bahram Akradi urges Northern Oil and Gas to provide update on co's strategic evaluation

* Bahram Akradi sends letter to Northern Oil and Gas Inc's chairman of co's board - SEC filing