Northern Oil and Gas Inc
NYSE:NOG

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Northern Oil and Gas Inc
NYSE:NOG
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Price: 36.14 USD 0.11% Market Closed
Market Cap: 3.6B USD
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Northern Oil and Gas Inc
Investor Relations

Northern Oil and Gas Inc. has carved its niche as a strategic player in the vast landscape of the U.S. oil and gas industry. Unlike typical oil companies, Northern doesn't drill itself; instead, it masters the art of acquiring non-operated interests in the prolific oil-rich regions of the Bakken, Williston, and Permian Basins. This unique business model allows the company to focus on partnering with experienced operators, leveraging their drilling and operational expertise while sharing in the proceeds of each producing well. Northern's profit pipeline, therefore, flows from thoughtful investment decisions that center around selecting promising drilling prospects and optimizing its diverse portfolio of well interests.

The company generates revenue primarily through oil and gas sales, with additional income streams from lease bonus payments and royalties. By eschewing the large capital expenditures that operators incur, Northern maintains significant financial flexibility, granting it the agility to pivot and seize new opportunities in emerging fields. Furthermore, its strategy places it in a favorable position to react dynamically to market fluctuations, a critical advantage in an industry often buffeted by the volatility of oil prices. Through this approach, Northern Oil and Gas Inc. cultivates a robust balance sheet and consistently positions itself to deliver value to its shareholders, even as the industry faces transformative shifts in energy sources and policy landscapes.

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Management

Mr. Nicholas L. O'Grady
Chief Executive Officer
No Bio Available
Mr. Adam Dirlam
President
No Bio Available
Mr. James B. Evans
Chief Technical Officer
No Bio Available
Ms. Evelyn Leon Infurna
Vice President of Investor Relations
No Bio Available

Contacts

Address
MINNESOTA
Minnetonka
4350 Baker Road, Suite 400
Contacts
+19524769800.0
www.northernoil.com