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Stock impact report

NOG Provides Fourth Quarter 2024 Operational Update; Provides Initial 2025 Capital and Production Guidance; Announces Signing of $40 Million Bolt-On Acquisition in First Quarter [Yahoo! Fi...

Northern Oil and Gas, Inc. (NOG) 
NASDAQ:AMEX Investor Relations: northernoil.com
Company Research Source: Yahoo! Finance
Business Wire Thu, February 13, 2025 at 12:45 AM GMT+1 11 min read In This Article NOG MINNEAPOLIS, February 12, 2025 BUSINESS WIRE )--Northern Oil and Gas, Inc. (NYSE: NOG) (the "Company" or "NOG") today announced a fourth quarter 2024 operations update and is providing initial 2025 capital and production guidance. HIGHLIGHTS Production estimated to have been 131.0 – 132.0 MBoe per day for the fourth quarter, putting NOG toward the high end of annual total production guidance Significant elective Ground Game and leasehold acquisitions totaling $27 million in the fourth quarter Fourth quarter capital expenditures, excluding non-budgeted transactions, estimated to be $231 – $232 million Initial 2025 production guidance of 130.0 – 135.0 Mboe per day 2025 capital budget of $1.05 to $1.20 billion to support increasing activity aimed at further growth in 2026 In early 2025, signed definitive agreement to acquire 2,275 net acres in Upton County, TX in Midland Basin Show less Read more
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