NORTHERN OIL & GAS, INC. shareholders approved Advisory Vote to Approve the Compensation of the Named Executive Officers at the 2026-05-21 meeting.
“The stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement relating to the Annual Meeting based on the votes listed below: For Against Abstain Broker Non-Votes 80,671,263 2,986,714 563,778 11,512,850”
Shareholder Votes
NORTHERN OIL & GAS, INC. shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as our Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2026 at the 2026-05-21 meeting.
“The stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, based on the votes listed below: For Against Abstain 95,171,334 231,128 332,143”
Shareholder Votes
NORTHERN OIL & GAS, INC. shareholders approved Election of Directors at the 2026-05-21 meeting.
“The following directors were elected based on the votes listed below: Director Nominee For Withheld Broker Non-Votes Bahram Akradi 82,693,927 1,527,828 11,512,850 Lisa Bromiley 83,044,417 1,177,338 11,512,850 Michael Frantz 83,153,329 1,068,426 11,512,850 William Kimble 82,964,115 1,257,640 11,512,850 Stuart Lasher 83,511,275 710,480 11,512,850 Nicholas O'Grady 83,772,877 448,878 11,512,850 Jennifer Pomerantz 78,312,649 5,909,106 11,512,850”
Material Agreements
NORTHERN OIL & GAS, INC. entered into Registration Rights Agreement with Parallax Energy Operating Inc. valued at Customary registration rights for resale of Stock Consideration (effective 2026-05-22).
“Pursuant to the PSA, in connection with the Closing, the Company will enter into a registration rights agreement (the “Registration Rights Agreement”) with Seller pursuant to which the Company will agree to prepare and file with the Securities and Exchange Commission (the “SEC”) a shelf registration statement, or a prospectus supplement to an existing registration statement, on Form S-3ASR, covering the resale of the Stock Consideration no later than the later to occur of (x) the first business day following the Closing and (y) three business days after receipt of a completed customary questionnaire from Seller (subject to certain conditions and exceptions).”
Material Agreements
NORTHERN OIL & GAS, INC. entered into Contingent Consideration Agreement with Parallax Energy Operating Inc. valued at Contingent consideration of CA$25.0 million (effective 2026-05-22).
“Pursuant to the PSA, at Closing, the Company and Seller will also enter into a Contingent Consideration Agreement (as defined in the PSA) pursuant to which the Company may owe additional contingent consideration of CA$25.0 million (“the “Contingent Consideration”) if the arithmetic average of the daily settlement price for the NYMEX WTI crude oil prompt month contract exceeds a specified price from April 1, 2026 through December 31, 2027.”
Material Agreements
NORTHERN OIL & GAS, INC. entered into Asset Purchase and Sale Agreement with Parallax Energy Operating Inc. valued at CA$237.0 million in cash plus stock valued at CA$113.0 million, plus contingent consideration of CA$ (effective 2026-05-22).
“Item 1.01 Entry Into a Material Definitive Agreement. On May 22, 2026, Northern Oil and Gas, Inc., a Delaware corporation (the “Company”), entered into an asset purchase and sale agreement (the “PSA”) among Parallax Energy Operating Inc., a corporation existing under the laws of the Province of Alberta (“Seller”), NOG Energy Canada, Ltd., a corporation existing under the laws of the Province of Alberta and a wholly owned subsidiary of the Company (“Purchaser”), and, for certain limited purposes, the Company pursuant to which Purchaser agreed to acquire from Seller (the “Parallax Acquisition”) certain oil and gas properties, interests and related assets (the “Assets”) for an unadjusted aggregate purchase price of CA$237.0 million in cash (the “Cash Consideration”), plus a number of shares of the Company’s common stock, par value $0.001 per share (“Common Stock”), having an aggregate dollar value equal to the United States dollar equivalent (as of the business day immediately preceding c”
Earnings Releases
NORTHERN OIL & GAS, INC. reported 2026 first quarter results: net income GAAP net loss of $522.8 million.
“(50% oil), a 10% increase from the first quarter of 2025 • Record natural gas production of 448,444 Mcf per day, a 33% increase from the first quarter of 2025 • GAAP net loss of $522.8 million, Adjusted EBITDA of $342.5 million, and Adjusted Net Income of $74.7 million. See “”
Debt Financings
NORTHERN OIL & GAS, INC. amended revolving credit of increase from $1.8 billion to $1.975 billion with Wells Fargo Bank, National Association.
“Pursuant to the Credit Agreement Amendment, an interim borrowing base redetermination was completed and: (i) the borrowing base will increase from $1.8 billion to $1.975 billion and (ii) the elected commitment amount will increase from $1.6 billion to $1.8 billion.”
M&A Transactions
NORTHERN OIL & GAS, INC. completed an acquisition involving Antero Resources Corporation, Antero Minerals LLC, Monroe Pipeline LLC, Antero Midstream LLC, Antero Water LLC, Antero Treatment LLC for combined cash purchase price of approximately $800 million (closed 2026-02-23).
“On February 23, 2026, Northern Oil and Gas Inc. (“Northern”) and Infinity Natural Resources, LLC (“INR Holdings” and, together with Northern, the “Buyers”) completed their previously announced acquisitions (the “Antero Acquisitions”) of (i) certain rights, title and interests in upstream oil and gas properties, rights and related assets located in the State of Ohio (the “Upstream Assets”) from Antero Resources Corporation, Antero Minerals LLC and Monroe Pipeline LLC (collectively, the “Upstream Sellers”), pursuant to that certain purchase and sale agreement (the “Upstream Purchase Agreement”), dated December 5, 2025, by and among INR Holdings, Northern and the Upstream Sellers, for a combined cash purchase price of approximately $800 million”
Material Agreements
NORTHERN OIL & GAS, INC. entered into Midstream Purchase Agreement with Antero Midstream LLC, Antero Water LLC, and Antero Treatment LLC valued at $400 million (effective 2025-12-05).
“On December 5, 2025, Northern and INR Holdings (collectively, the “Midstream Buyers”) also entered into a purchase and sale agreement (the “Midstream Purchase Agreement” and, together with the Upstream Purchase Agreement, the “Purchase Agreements”) with Antero Midstream LLC, a Delaware limited liability company, Antero Water LLC, a Delaware limited liability company, and Antero Treatment LLC, a Delaware limited liability company (collectively, the “Midstream Sellers” and, together with the Upstream Sellers, the “Sellers”), pursuant to which the Midstream Buyers agreed to jointly purchase from the Midstream Sellers certain gathering, compression and transportation systems, water facilities and systems, equipment and related assets located in the counties of Belmont, Guernsey, Monroe, Noble and Washington, Ohio (the “Midstream Assets” and, together with the Upstream Assets, the “Assets”).”
Material Agreements
NORTHERN OIL & GAS, INC. entered into Upstream Purchase Agreement with Antero Resources Corporation, Antero Minerals LLC, and Monroe Pipeline LLC valued at $800 million (effective 2025-12-05).
“On December 5, 2025, Northern Oil and Gas, Inc. (“Northern” or the “Company”) and Infinity Natural Resources, LLC (“INR Holdings” and, together with Northern, the “Upstream Buyers”) entered into a purchase and sale agreement (the “Upstream Purchase Agreement”) with Antero Resources Corporation, a Delaware corporation, Antero Minerals LLC, a Delaware limited liability company, and Monroe Pipeline LLC, a Delaware limited liability company (collectively, the “Upstream Sellers”), pursuant to which the Upstream Buyers agreed to jointly purchase from the Upstream Sellers certain rights, title and interests in upstream oil and gas properties, rights and related assets located in the State of Ohio (the “Upstream Assets”).”
Debt Financings
NORTHERN OIL & GAS, INC. incurred revolving credit of $1.6 billion with Wells Fargo Bank, National Association, as administrative agent and collateral agent at borrowings under the Revolving Credit Facility shall bear interest at the base r maturing November 5, 2030.
“which was entered into on June 7, 2022. The Revolving Credit Facility matures on November 5, 2030. The initial elected commitment amount under the Revolving Credit Facility is $1.6 billion. The Revolving Credit Facility is initially comprised of revolving loans and letters of credit and is subject to a Borrowing Base (as defined in the Revolving Credit Facility)”
Debt Financings
NORTHERN OIL & GAS, INC. incurred senior notes of $725,000,000 with Wilmington Trust, National Association, as trustee at 7.875% per annum maturing October 15, 2033.
“On October 1, 2025, Northern Oil and Gas, Inc., a Delaware corporation (the “Company”), and Wilmington Trust, National Association, as trustee, entered into an indenture (the “Indenture”), pursuant to which the Company issued $725,000,000 in aggregate principal amount of the Company’s 7.875% Senior Notes due 2033”
Debt Financings
NORTHERN OIL & GAS, INC. incurred convertible notes of $200,000,000 with Morgan Stanley & Co. LLC at 3.625% per annum maturing April 15, 2029.
“buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the New Notes sold in the offering was $200,000,000, which includes $25,000,000 in aggregate principal amount of New Notes issued pursuant to the Initial Purchasers’ option to purchase additional New Notes on the same terms and”
Debt Financings
NORTHERN OIL & GAS, INC. amended revolving credit of $1.6 billion with Wells Fargo Bank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto.
“the elected commitment amount under the Credit Agreement increased from $1.5 billion to $1.6 billion”
M&A Transactions
NORTHERN OIL & GAS, INC. completed an acquisition involving XCL Resources, LLC for approximately $511.2 million in cash (closed 2024-10-01).
“On October 1, 2024, SM and NOG completed the Acquisition whereby NOG has acquired an undivided 20% interest in the Assets in exchange for approximately $511.2 million in cash (funded in part by a $25.5 million cash deposit previously paid into escrow by NOG upon the execution of the Cooperation Agreement).”
Earnings Releases
NORTHERN OIL & GAS, INC. reported first quarter 2024 results: net income GAAP net income of $11.6 million.
“On April 30, 2024, Northern Oil and Gas, Inc. issued a press release announcing 2024 first quarter financial and operating results.”
Material Agreements
NORTHERN OIL & GAS, INC. amended Credit Agreement Amendment with Wells Fargo Bank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto (effective 2024-04-29).
“On April 29, 2024, Northern Oil and Gas, Inc. (the “Company”) entered into an amendment (the “Credit Agreement Amendment”) to its Third Amended and Restated Credit Agreement, dated June 7, 2022, governing the Company’s revolving credit facility with Wells Fargo Bank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto.”
Earnings Releases
NORTHERN OIL & GAS, INC. reported preliminary financial results for the first quarter of 2024.
“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.”
Earnings Releases
NORTHERN OIL & GAS, INC. reported financial results for 2023 fourth quarter and full year.
“On February 22, 2024, Northern Oil and Gas, Inc. issued a press release announcing 2023 fourth quarter and full year financial and operating results.”
Earnings Releases
NORTHERN OIL & GAS, INC. updated its 2024 guidance (initiated).
NORTHERN OIL & GAS, INC. updated its fourth quarter of 2023 guidance (initiated).
“On February 15, 2024, Northern Oil and Gas, Inc. issued a press release that includes preliminary financial and operating information for the fourth quarter of 2023, among other matters.”
Earnings Releases
NORTHERN OIL & GAS, INC. reported the third quarter of 2023 results: net income GAAP net income of $26.1 million.
“On November 1, 2023, Northern Oil and Gas, Inc. issued a press release announcing 2023 third quarter financial and operating results.”
Earnings Releases
NORTHERN OIL & GAS, INC. reported preliminary financial results for third quarter of 2023.
“On October 25, 2023, Northern Oil and Gas, Inc. issued a press release including preliminary financial and operating updates for the third quarter of 2023.”
M&A Transactions
NORTHERN OIL & GAS, INC. completed an acquisition involving Earthstone Energy Holdings, LLC for approximately $468.4 million in cash (closed 2023-08-15).
“on August 15, 2023, immediately after the completion of the Purchaser Acquisition, the NOG Acquisition was completed whereby Purchaser transferred to NOG an undivided one-third interest in the Novo Assets pursuant to the Cooperation Agreement in exchange for approximately $468.4 million in cash”
Debt Financings
NORTHERN OIL & GAS, INC. amended revolving credit of borrowing base will increase from $1.6 billion to $1.8 billion and the elected commitment amount will increase from $1.0 with Wells Fargo Bank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto.
“(the “Company”) entered into an amendment (the “Credit Agreement Amendment”) to its Third Amended and Restated Credit Agreement, dated June 7, 2022, governing the Company’s revolving credit facility with Wells Fargo Bank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto.”
Earnings Releases
NORTHERN OIL & GAS, INC. reported the 2023 second quarter results: net income Net income of $167.8 million.
“On August 2, 2023, Northern Oil and Gas, Inc. issued a press release announcing 2023 second quarter financial and operating results.”
Material Agreements
NORTHERN OIL & GAS, INC. entered into Acquisition and Cooperation Agreement with Earthstone Energy Holdings, LLC valued at approximately $500.0 million (effective 2023-06-14).
“On June 14, 2023, Northern Oil and Gas, Inc. (“NOG”) entered into an Acquisition and Cooperation Agreement (the “Cooperation Agreement”) with an unaffiliated third party, Earthstone Energy Holdings, LLC (“Purchaser”), in connection with Purchaser’s entry into a Securities Purchase Agreement (the “Purchase Agreement”) with Novo Oil & Gas Legacy Holdings, LLC, Novo Intermediate, LLC and Novo Oil & Gas Holdings, LLC (“Novo”), pursuant to which Purchaser will acquire 100% of the issued and outstanding equity interests of Novo (the “Purchaser Acquisition”).”
Shareholder Votes
NORTHERN OIL & GAS, INC. shareholders approved Nonbinding Advisory Vote on the Frequency of Holding Future Advisory Votes on Executive Officer Compensation.
“Proposal Five - Nonbinding Advisory Vote on the Frequency of Holding Future Advisory Votes on Executive Officer Compensation The stockholders expressed a preference for an annual nonbinding advisory vote on the compensation of the Company’s named executive officers based on the votes listed below:”
Shareholder Votes
NORTHERN OIL & GAS, INC. shareholders approved Nonbinding Advisory Vote to Approve the Compensation of the Named Executive Officers.
“Proposal Four - Nonbinding Advisory Vote to Approve the Compensation of the Named Executive Officers The stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement relating to the Annual Meeting based on the votes listed below:”
Shareholder Votes
NORTHERN OIL & GAS, INC. shareholders approved To add Shares to and Approve an Amended and Restated 2018 Equity Incentive Plan.
“Proposal Three - To add Shares to and Approve an Amended and Restated 2018 Equity Incentive Plan The stockholders approved the Amended Plan based on the votes listed below:”
Shareholder Votes
NORTHERN OIL & GAS, INC. shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as our Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2023 at the 2023-12-31 meeting.
“Proposal Two - Ratification of the Appointment of Deloitte & Touche LLP as our Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2023 The stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, based on the votes listed below:”
Shareholder Votes
NORTHERN OIL & GAS, INC. shareholders approved Election of Directors.
“Proposal One - Election of Directors The following directors were elected based on the votes listed below:”
Debt Financings
NORTHERN OIL & GAS, INC. incurred senior notes of $500,000,000 with Wilmington Trust, National Association at 8.750% per annum maturing June 15, 2031.
“On May 15, 2023, Northern Oil and Gas, Inc., a Delaware corporation (the “Company”) and Wilmington Trust, National Association, as trustee, entered into an indenture (the “Indenture”), pursuant to which the Company issued $500,000,000 in aggregate principal amount of the Company’s 8.750% Senior Notes due 2031 (the “2031 Notes”).”
Material Agreements
NORTHERN OIL & GAS, INC. entered into Indenture with Wilmington Trust, National Association, as trustee valued at $500,000,000 in aggregate principal amount (effective 2023-05-15).
“On May 15, 2023, Northern Oil and Gas, Inc., a Delaware corporation (the “Company”) and Wilmington Trust, National Association, as trustee, entered into an indenture (the “Indenture”), pursuant to which the Company issued $500,000,000 in aggregate principal amount of the Company’s 8.750% Senior Notes due 2031 (the “2031 Notes”).”
Earnings Releases
NORTHERN OIL & GAS, INC. reported First Quarter 2023 results: net income $340.2 million.
“NOG Announces First Quarter 2023 Results, Including Record Quarterly Production FIRST QUARTER HIGHLIGHTS • Record quarterly production of 87,385 Boe per day (62% oil), an increase of 23% from the first quarter of 2022. • Net income of $340.2 million and record Adjusted EBITDA of $325.5 million.”
Earnings Releases
NORTHERN OIL & GAS, INC. reported preliminary financial results for first quarter of 2023.
“On April 19, 2023, Northern Oil and Gas, Inc. issued a press release including preliminary hedging and capital allocation updates for the first quarter of 2023.”
Earnings Releases
NORTHERN OIL & GAS, INC. updated its 2022 fourth quarter and full year guidance (initiated).
“On February 23, 2023, Northern Oil and Gas, Inc. issued a press release announcing 2022 fourth quarter and full year financial and operating results.”
Earnings Releases
NORTHERN OIL & GAS, INC. reported preliminary financial results for the full year 2022.
“Despite weather related outages, the Company expects total 2022 production in the range of 75,250 to 75,550 Boe per day, in line with prior guidance.”
Earnings Releases
NORTHERN OIL & GAS, INC. reported preliminary financial results for the fourth quarter 2022.
“Total acquisition and development capital expenditures are expected to be in the range of $143-145 million for the fourth quarter.”
Governance Changes
NORTHERN OIL & GAS, INC.: Board amended and restated bylaws, effective immediately, revising stockholder meeting procedures, clarifying board powers, and making administrative updates (effective 2023-01-19).
“On January 19, 2023, the Board of Directors (the “Board”) of Northern Oil and Gas, Inc. (the “Company”) adopted and approved, effective immediately, the amended and restated bylaws (as amended and restated, the “Amended and Restated Bylaws”) of the Company.”
M&A Transactions
NORTHERN OIL & GAS, INC. completed an acquisition involving Midland Petro D.C. Partners, LLC and Collegiate Midstream LLC (collectively, "MPDC") for $320.0 million in cash (closed 2023-01-05).
“the unadjusted purchase price to $359.2 million. At closing of the MPDC Acquisition, in accordance with the Final PSA, the Company paid closing consideration consisting of $320.0 million in cash (which includes a $43.0 million cash deposit previously paid by the Company upon the execution of the PSA and held in escrow in accordance with the terms thereof). The”
Material Agreements
NORTHERN OIL & GAS, INC. amended Amended and Restated Warrants with Veritas Permian II, LLC and Veritas MOC Holdings, LLC valued at Veritas Warrantholders now have the option to pay the exercise price via a 'cashless exercise' by in (effective 2022-11-10).
“Also on November 10, 2022, the Company amended and restated its warrants (the “A&R Warrants”) to purchase shares of the Company’s common stock, par value $0.001 per share (“Common Stock”) originally issued to Veritas Permian II, LLC and Veritas MOC Holdings, LLC (collectively, the “Veritas Warrantholders”) on January 27, 2022 (the “Original Warrants”). Pursuant to the A&R Warrants, the Veritas Warrantholders now have the option to pay the exercise price thereunder via a “cashless exercise” by instructing the Company to withhold a number of shares of Common Stock then issuable upon exercise of the A&R Warrants, subject to compliance with the federal securities laws.”
Material Agreements
NORTHERN OIL & GAS, INC. amended Amendment to Third Amended and Restated Credit Agreement with Wells Fargo Bank, N.A. valued at Borrowing base increased from $1.3 billion to $1.6 billion; elected commitment amount increased from (effective 2022-11-10).
“On November 10, 2022, Northern Oil and Gas, Inc. (the “Company”) entered into an amendment (the “Amendment”) to its Third Amended and Restated Credit Agreement, dated June 7, 2022, governing the Company’s revolving credit facility with Wells Fargo Bank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto. Pursuant to the Amendment, the Company’s semi-annual borrowing base redetermination was completed, with the borrowing base under the credit facility increasing from $1.3 billion to $1.6 billion, and the elected commitment amount increasing from $850.0 million to $1.0 billion.”
Earnings Releases
NORTHERN OIL & GAS, INC. reported financial results for the 2022 third quarter.
“On November 8, 2022, Northern Oil and Gas, Inc. issued a press release announcing 2022 third quarter financial and operating results.”
William Kimble was appointed as Director at NORTHERN OIL & GAS, INC..
“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.”
Mike Kelly departed as Chief Strategy Officer at NORTHERN OIL & 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.”
Jennifer Pomerantz was appointed as Independent Director at NORTHERN OIL & GAS, INC..
“On December 8, 2021, Jennifer Pomerantz was appointed to serve as an independent director on the Company's Board of Directors.”
Adam Dirlam changed role as President at NORTHERN OIL & GAS, INC..
“On December 8, 2021, Adam Dirlam was promoted to serve as President of Northern Oil and Gas, Inc.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.