William Kimble
On July 25, 2022, William Kimble was appointed to serve as an independent director on the Board of Directors (the “Board”) of Northern Oil and Gas, Inc.
Highest-materiality recent filing
Northern Oil & Gas issues $500M of 7.5% senior notes due 2034
Issued $500M aggregate principal of 7.500% Senior Notes due 2034 under indenture with Wilmington Trust.
Northern Oil & Gas prices $500M of 7.500% senior notes due 2034 at par
Priced $500M aggregate principal of 7.500% senior notes due 2034 at par.
NOG plans $500M private offering of senior notes due 2034 to repay revolver
$500M aggregate principal of senior notes due 2034 in private offering under Rule 144A and Regulation S.
NOG Q2 2026: net income $236.6M, production 145,659 Boe/d (+9% YoY), record gas output
GAAP net income $236.6M, Adjusted EBITDA $401.0M, Adjusted Net Income $122.5M.
NOG reiterates 2026 guidance, closes Duvernay JV, boosts buyback to $243M
Q2 oil production 67.5-68.25 Mbo/d; capex $190-200M; reiterates 2026 guidance.
NOG files resale prospectus for 3.7M shares issued in Parallax Acquisition
Filed prospectus supplement to register resale of 3,689,413 shares of common stock issued to Parallax Energy Operating Inc. as consideration.
NOG completes Parallax acquisition for CA$237M cash and 3.7M shares
Closed acquisition of oil and gas properties from Parallax Energy Operating for CA$237M cash plus 3,689,413 shares.
All 7 director nominees (Akradi, Bromiley, Frantz, Kimble, Lasher, O'Grady, Pomerantz) elected with substantial for votes; broker non-votes of 11,512,850.
NOG enters Canada with CA$350M Duvernay acquisition; raises FY2026 production guidance
Acquires 25% non-operated stake in Duvernay light oil assets for CA$350M (~US$259M); CA$113M in NOG stock plus CA$237M cash.
NOG Q1 GAAP net loss $522.8M; production +10% YoY
Q1 2026 production 148,303 Boe/d (50% oil), +10% YoY; natural gas record 448,444 Mcf/d (+33% YoY)
Northern Oil and Gas closes 7.2M share public offering, net proceeds to repay revolver
Closed underwritten public offering of 7,207,208 shares of common stock; underwriter has 30-day option for up to 1,081,081 additional shares.
NOG Q4 production up 6% YoY to 140,064 Boe/d; free cash flow $43.2M
Q4 2025 production of 140,064 Boe/d (53% oil), up 6% YoY.
NOG closes $464.5M Ohio Utica acquisition, upsizes credit facility to $1.8B elected commitment
Closed joint acquisition of 40% stake in Ohio Utica upstream and midstream assets from Antero; cash payment $464.5M.
Northern Oil and Gas announces preliminary Q4 2025 results with $260-$270M non-cash impairment
Preliminary Q4 2025 non-cash impairment charge of $260-$270 million under full cost ceiling test due to lower oil prices.
NOG partners with Infinity to acquire Antero Utica assets for $1.2B; NOG share $588M
NOG acquires 49% undivided interest in upstream ($392M) and midstream ($196M) Ohio Utica assets from Antero for total $588M cash.
Northern Oil & Gas enters $1.6B revolving credit facility, maturing Nov 2030, borrowing base $1.8B
Fourth Amended & Restated Credit Agreement dated Nov 5, 2025; replaces June 2022 facility.
NOG reports Q3 GAAP net loss of $129.1M; production up 8% YoY to 131,054 Boe/d
Total Q3 production 131,054 Boe/d (55% oil), up 8% from Q3 2024; oil volumes 72,348 Bbl/d, up 2.0%.
NOG raises production guidance, closes $98.3M Uinta bolt-on, records $310-330M impairment
Q3 prod ~131 MBoe/d; raises FY25 oil guidance to 75-76.5K Bopd (from 74-76K) and total to 132.5-134K Boepd.
Issued $725M aggregate principal of 7.875% Senior Notes due Oct 15, 2033.
NOG launches tender for 8.125% 2028 notes, plans $725M new 2033 note offering
Tender offer for any and all 8.125% senior notes due 2028 at $1,015 per $1,000 principal, expires Sept 26, 2025.
NOG prices $725M private offering of 7.875% senior notes due 2033
$725M aggregate principal of 7.875% senior notes due 2033 priced at par; expected close Oct 1, 2025.
NOG Q2 production up 9% YoY; record Adjusted EBITDA of $440M, net income $99.6M
Total production 134,094 Boe/d (57% oil), up 9% YoY; oil volumes 76,944 Bbl/d, up 10.5%.
Unrealized mark-to-market derivative gains of $65-70M; realized hedge gains of $58-63M for Q2 2025.
Northern Oil and Gas closes $200M add-on 3.625% convertible notes offering
Issued $200M aggregate principal of 3.625% Convertible Senior Notes due 2029, including $25M option exercised by initial purchasers.
NOG prices upsized $175M offering of 3.625% convertible notes due 2029; proceeds for buyback & hedge
Priced $175M aggregate principal (upsized from $150M) of additional 3.625% notes due 2029 at 105.597% of par.
Plans $150M addl 3.625% convertible notes due 2029, with $22.5M greenshoe option.
Northern Oil and Gas shareholders elect directors, ratify auditor, approve say-on-pay
Eight director nominees elected; Nicholas O'Grady received most votes (81.6M), Jennifer Pomerantz least (77.3M).
NOG increases elected commitment to $1.6B, borrowing base reaffirmed at $1.8B
Elected commitment under credit facility rose from $1.5B to $1.6B.
NOG Q1 2025: record production 134,959 Boe/d, net income $139M
Record total production 134,959 Boe/d (58% oil), up 13% YoY; oil volumes 78,675 Bbl/d.
NOG Q1 hedging gains $9-10M unrealized, $11-12M realized; dividend up 7% to $0.45; $15M buyback
Unrealized mark-to-market gains on derivatives for Q1 estimated $9.0–$10.0M; realized gains $11.0–$12.0M.
NOG Q4 production up 15% YoY to 131,777 Boe/d; generates $96.4M free cash flow
Q4 2024 production of 131,777 Boe/d (59.9% oil), up 15% from Q4 2023.
NOG reports Q4 production high end of guidance; $40M Midland bolt-on; initial 2025 capex $1.05-1.20B
Q4 production estimated 131-132 MBoe/d, oil volumes up ~11% sequentially despite forest fire and curtailment disruptions.
NOG raises quarterly dividend to $0.45/share, up 12.5% YoY; repurchased 693,658 shares in Q4
Quarterly dividend $0.45/share, payable Apr 30, record Mar 28, 12.5% increase YoY and 7% from prior quarter.
Northern Oil and Gas appoints CEO Nicholas O'Grady to Board of Directors
CEO Nicholas O'Grady appointed to the Board on December 18, 2024.
NOG Q3: Record oil production 70,913 Bbl/d; net income $298.4M
Record oil volumes of 70,913 Bbl/d, total production 121,815 Boe/d (up 19% YoY).
NOG reports record oil output in Q3, ups dividend 5%, reaffirms 2024 guidance
Estimated Q3 production 121.6-121.8 MBoe/d; oil production record at ~70,775-70,925 Bbl/d (58.1-58.3% of total).
NOG closes $511.2M Uinta Basin acquisition; adds ~15,800 net acres
NOG acquired 20% undivided interest in Uinta Basin assets from XCL Resources for $511.2M cash.
NOG reports record Q2 production 123,342 boe/d, GAAP net income $138.6M
Record quarterly production of 123,342 Boe/d (57% oil), up 3% QoQ and 36% YoY.
NOG plans 5% dividend increase to $0.42/share and new $150M buyback authorization
Repurchased 895,076 shares in Q2 2024 at avg price $38.96; 1,444,432 in H1 at avg $37.99.
Northern Oil and Gas to acquire 20% Uinta Basin stake from XCL for $510M
NOG to pay approximately $510M cash for 20% undivided interest in Uinta Basin oil and gas assets from XCL.
All eight director nominees elected; votes for ranged from 77.1M (Pomerantz) to 86.5M (Easley).
Record quarterly production 119,436 Boe/d (59% oil), up 4% QoQ and 37% YoY.
NOG reports Q1 hedging realized gains $19.1M, repurchases 549K shares at $36.42
Realized hedging gains of $19.1M for Q1 2024; unrealized mark-to-market losses of $146.2M.
NOG Q4 production up 45% YoY to 114,363 Boe/d; cash flow from ops up 56%
Q4 production 114,363 Boe/d (60.2% oil), +45% YoY.
NOG Q4 production 114.4 Mboe/d, guides 20% YoY growth in 2024 on flat capex
Q4 2023 production 114.4 Mboe/d (+12% QoQ); 2023 annual ~98.8 Mboe/d (high end of guidance).
NOG enters into new employment agreements with five executives; discloses 2023 comp plan
Agreements with CEO Nicholas O'Grady (base salary $850k), Adam Dirlam, Chad Allen, James Evans, and Erik Romslo; 5-year initial term with auto-renewal.
NOG reports Q3 record production of 102,327 Boe/day; adj. net income $161M
Record quarterly production of 102,327 Boe/day (62% oil), up 13% from Q2 and 29% YoY.
NOG Q3 preliminary: capex $215-218M; ground game adds 5.7 net locations; D&C record 74.2 wells
Q3 capital expenditures expected $215-218M, driven by Ground Game success and acceleration of organic development.
Northern Oil & Gas closes public offering of 7.475M shares; proceeds to pay down debt
Closed public offering of 6.5M shares plus fully exercised over-allotment of 975K shares (total 7.475M shares).
NOG closes $468.4M acquisition of 1/3 interest in Novo Delaware Basin assets
NOG paid $468.4M in cash (funded in part by $37.5M deposit) for undivided 1/3 interest in Novo assets.
On July 25, 2022, William Kimble was appointed to serve as an independent director on the Board of Directors (the “Board”) of Northern Oil and Gas, Inc.
On July 13, 2022, Mike Kelly, Chief Strategy Officer of Northern Oil and Gas, Inc. (the “Company”), and the Company agreed that, effective July 15, 2022 (the “Separation Date”), Mr. Kelly will step down from his position as Chief Strategy Officer and resign as an employee of the Company.
On December 8, 2021, Jennifer Pomerantz was appointed to serve as an independent director on the Company's Board of Directors.
On December 8, 2021, Adam Dirlam was promoted to serve as President of Northern Oil and Gas, Inc.
Max materiality 0.95 · Median 0.65 · Most common event earnings