secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN OIL & GAS, INC. (NOG)
CIK:        0001104485
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001104485-23-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NOG declares $0.34 quarterly dividend (+13%), Q4 production hit by weather, $95.5M buyback remains
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- Cash dividend of $0.34 per share, 13% increase over prior quarter, payable April 28 to holders of record March 30.
- Management intends to recommend further 9% increase to $0.37 for Q2 2023, two quarters ahead of stated plan.
- Q4 production impacted ~10,000 Boe/day by severe weather in Williston and Permian; full-year 2022 production est. 75,250-75,550 Boe/day.
- Q4 repurchased 1,103,178 shares at avg $29.92; full-year common+preferred repurchases reduced diluted share count by ~5% (4.5M shares).
- Retired $25.8M of 8.125% senior notes at avg 96.7% of par; $95.5M remaining on common stock repurchase authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1104485/000110448523000035/0001104485-23-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1104485/000110448523000035/nog-20230206.htm
  HTML page:      https://secwatch.observer/filing/0001104485-23-000035

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