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Northern Oil and Gas Inc NOG

Northern Oil and Gas, Inc. is a real asset company that focuses on acquiring and investing in non-operated minority working and mineral interests in the hydrocarbon producing basins within the contiguous United States. Its business is crude oil and natural gas exploration, development, and production with operations in the United States. Its 300,000-acre portfolio is distributed across the Williston, Permian and Appalachia Basins. Its portfolio comprises 300,000 acres of low-breakeven land with over 10,000 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. It engages in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include its acreage. It acquires wellbore-only working interests in wells. It owns the Utica and Northern Delaware Basin assets. It also owns Point Assets in the Delaware Basin.


NYSE:NOG - Post by User

Post by whytestockson Feb 22, 2024 11:30pm
103 Views
Post# 35894909

NOG Announces Fourth Quarter and Full Year 2023 Results; Pro

NOG Announces Fourth Quarter and Full Year 2023 Results; Pro
News; $NOG NOG Announces Fourth Quarter and Full Year 2023 Results; Provides Detailed 2024 GuidanceFOURTH QUARTER HIGHLIGHTS Production of 114,363 Boe per day (60.2% oil), a 45% increase from the fourth quarter of the prior year GAAP cash flow from operations of $342.4 million. Excluding changes in net working capital, cash flow from operations was $365.9 million, an increase of 56...NOG - NOG Announces Fourth Quarter and Full Year 2023 Results; Provides Detailed 2024 Guidance

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