secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN OIL & GAS, INC. (NOG)
CIK:        0001104485
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001104485-24-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NOG Q4 production 114.4 Mboe/d, guides 20% YoY growth in 2024 on flat capex
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- Q4 2023 production 114.4 Mboe/d (+12% QoQ); 2023 annual ~98.8 Mboe/d (high end of guidance).
- Q4 capex ~$260M, including $25M Ground Game acquisitions; 2024 capex budget $825-$900M.
- Preliminary 2024 guidance: production 115,000-120,000 boe/d; oil 70,000-73,000 bbl/d; ~20% YoY growth.
- Mascot project: 17 gross wells TIL early Q2 2024, another 12 in Q3; ~10% well cost reduction expected.
- Q1 2024 production expected slightly lower than Q4 due to weather, seasonal slowdown, Mascot curtailments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1104485/000110448524000039/0001104485-24-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1104485/000110448524000039/nog-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001104485-24-000039

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