NOG Responds to Reuters Article in Regard to Potential Business Combination
Northern Oil and Gas, Inc. (NOG)
NASDAQ:AMEX Investor Relations:
northernoil.com
Company Research
Source: Business Wire
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) has a policy on not responding to acquisition rumors, however the Company believes that today’s article regarding NOG’s potential acquisition of Granite Ridge Resources (“Granite Ridge”) requires a response.As the largest publicly traded dedicated non-operator, NOG has a large pipeline of acquisition opportunities and the Company frequently sends expressions of interest to acquire assets or businesses in order to evaluate and conduct due diligence on potential opportunities. Many of these requests to conduct diligence are rejected. The Company is not currently engaged in formal negotiations to acquire Granite Ridge.ABOUT NOGNOG is a real asset company with a primary strategy of acquiring and investing in non-operated minority working and mineral interests in the premier hydrocarbon producing basins within the contiguous United States. More information about NOG can be found at www.noginc.
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News
- Northern Oil and Gas, Inc. (NYSE: NOG) had its price target lowered by analysts at Piper Sandler from $41.00 to $37.00. They now have a "neutral" rating on the stock.MarketBeat
- Northern Oil and Gas Inks $160M Appalachia Development Program [Yahoo! Finance]Yahoo! Finance
- Northern Oil and Gas, Inc. (NYSE: NOG) was downgraded by analysts at Mizuho from an "outperform" rating to a "neutral" rating. They now have a $47.00 price target on the stock.MarketBeat
- Northern Oil and Gas, Inc. (NYSE: NOG) was downgraded by analysts at Mizuho from an "outperform" rating to a "neutral" rating. They now have a $47.00 price target on the stock.MarketBeat
- Northern Oil and Gas, Inc. (NYSE: NOG) had its price target raised by analysts at Truist Financial Co. from $51.00 to $52.00. They now have a "buy" rating on the stock.MarketBeat
NOG
Earnings
- 11/5/24 - Beat
NOG
Sec Filings
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- NOG's page on the SEC website