NOG reports Q1 hedging realized gains $19.1M, repurchases 549K shares at $36.42

NORTHERN OIL & GAS, INC.

Realized hedging gains of $19.1M for Q1 2024; unrealized mark-to-market losses of $146.2M.
Repurchased 549,356 shares at weighted average price of $36.42 per share.
Remaining stock repurchase authorization of $67.5M as of Q1 end.
CEO Nick O'Grady says buybacks offer compelling use of excess cash flow.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NORTHERN OIL & GAS, INC. reported preliminary financial results for the first quarter of 2024.

Period: the first quarter of 2024
Result: preliminary results

Exact text from the filing

On April 16, 2024, Northern Oil and Gas, Inc. issued a press release that includes preliminary financial and operating results for the first quarter of 2024.

View on SEC.gov

572 earnings releases filed in the last 30 days. Browse all earnings releases →

NORTHERN OIL & GAS, INC. filing history →

Source: SEC EDGAR

accession 0001104485-24-000108

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.