Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
link to Uinta Basin info...
https://www.xclresources.com/uinta-basin
so we watch...LJ
At 33.00 from a very low price. Took a few years but worth it .
Right.... I have bought this from the $2.00 range a good money maker
Not a lot of love on this forum for the energy sector as a whole... guess most players here don't like buying near bottoms or are just quiet about it.
The world is entering a commodities super cycle... be ready
Looks like a good year for nog
JUST IN: $NOG Northern Oil and Gas, Inc. Announces Completion of Reverse Stock Split and Provides Strategic Outlook
HIGHLIGHTS 1-for-10 reverse stock split completed and common stock begins trading today on a split-adjusted basis Investment pipeline at record levels Majority hedged through 2021 at prices ranging from $54-58 per barrel Northern Oil and Gas, Inc. (NYSE Ameri...
Got this from NOG - Northern Oil and Gas, Inc. Announces Completion of Reverse Stock Split and Provides Strategic Outlook
Authorized not Outstanding
How does 435,990,000 (current outstanding shares shown on the NOG chart here on iHub) split 10 for 1 equal 135,000,000 (the number of post-split shares outstanding according to the chart in the NOG press release)? Where I went to school, 10 to 1 would leave 43,599,000 outstanding shares. And I don't see any mention of any new issue.
News: $NOG Northern Oil and Gas, Inc. Announces Launch of Consent Solicitation to Holders of its Senior Secured Second Lien Notes Due 2023
Northern Oil and Gas, Inc. (NYSE American: NOG) (the “Company” or “Northern”) announced today the commencement of a consent solicitation (the “Consent Solicitation”) to solicit the consent of holders of its outstanding Senior Secured Second Lien Notes...
In case you are interested NOG - Northern Oil and Gas, Inc. Announces Launch of Consent Solicitation to Holders of its Senior Secured Second Lien Notes Due 2023
Nice PM action. Locked in some green 1.27.
See how it acts today.
* * $NOG Video Chart 05-12-2020 * *
Link to Video - click here to watch the technical chart video
This setup is looking great for a big run. Today ended up great!!
Guess that's why the stock is pretty stable relative due to the declining oil futures.
Slide deck from April 16 presentation shows:
2020 production 75% hedged @ $58/bbl
2021 production up 5% to 55% hedged @ $55/bbl
70%+ hedged through 2021
Slide deck from the JP Morgan conference on 02/24
ONGOING POLICY OF RISK MANAGEMENT - Northern continues to execute a strategy built around the safeguard of returns during a commodity down-cycle, while retaining flexibility to capture the opportunistic upside
About 75% of 2020 and 50% of 2021 production hedged
Update Hedges:
2020
Q1 2,664,356(barrels) @$57.93
Q2 2,568,278(barrels) @$57.67
Q3 2,501,348(barrels)@$58.47
Q4 2,372,362(Barrels)@$58.03
10,106,344 (Bbls) @58.02
Still a solid play man, good long term hold oil will recover. I will load more tomorrow I am out of powder for the day.
Took a long position here today. Oil wont stay below $30 for long.
* * $NOG Video Chart 03-12-2020 * *
Link to Video - click here to watch the technical chart video
.52's would have been GREAT! KNEW I should have waited for open instead of picking up some .90s.
Maybe later or tomorrow.
463,354 shares a couple times @ 1.66. Someone has their stop loss set. Almost added myself. There are PLENTY of opportunities blooming out there right now and the uncertainty may carry through part of next week.
That is my thinking too.
With the new Div, I'd think so!
News: $NOG Northern Oil and Gas, Inc. Announces Management Transition and Promotions
Northern Oil and Gas, Inc. (NYSE American: NOG) (“Northern”) today announced that Brandon Elliott, Northern’s Chief Executive Officer, is stepping down as CEO, and will be succeeded by Nicholas O’Grady, Northern’s current President and Chief Financial Office...
Find out more NOG - Northern Oil and Gas, Inc. Announces Management Transition and Promotions
News: $NOG Northern Oil and Gas (NOG) Q3 2019 Earnings Call Transcript
Image source: The Motley Fool. Northern Oil and Gas (NYSEMKT: NOG) Q3 2019 Earnings Call Nov 12, 2019 , 11:00 a.m. ET Operator Continue reading
Find out more NOG - Northern Oil and Gas (NOG) Q3 2019 Earnings Call Transcript
* * $NOG Video Chart 10-22-2019 * *
Link to Video - click here to watch the technical chart video
* * $NOG Video Chart 09-09-2019 * *
Link to Video - click here to watch the technical chart video
Insider buys continue. This should eventually shoot North in a big way.
More downside exists for NOG and shale companies in general. Rig count continues to drop in Bakken. Not a good sign for a quick sustainable rebound.
Insiders have been buying all the way back to this being in the $2's. Really cannot explain why this has gone down to here with all the positives going on? Entered in the $2.10's and thinking of adding more now.
* * $NOG Video Chart 08-06-2019 * *
Link to Video - click here to watch the technical chart video
Seems attractive to me as well.
Very tempting right here. Small starter 1.55.
Northern Oil and Gas (NOG) updated its 2019 guidance to reflect the impact of continued production curtailments in the Williston Basin, as well as the incremental production from its various acquisitions. Overall, Northern's 2H 2019 production was slightly better than I expected, although its production costs are also ending up a bit higher than expected.
Looks like everybody is dumping NOG today at the end of market! We are going to get slammed next week!!
Why thank you, I'll have another! The CEO and CFO have spent 2.5 million on common shares, I'm in!
* * $NOG Video Chart 05-28-2019 * *
Link to Video - click here to watch the technical chart video
Followers
|
43
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
576
|
Created
|
04/03/07
|
Type
|
Free
|
Moderators |
NORTHERN OIL AND GAS, INC.
315 Manitoba Avenue
Suite 200
Wayzata, MN 55391
United States - Map
Phone: 952-476-9800
Fax: 952-476-9801
Web Site:http://www.northernoil.com
DETAILS |
|
BUSINESS SUMMARY |
Northern Oil and Gas, Inc., an exploration stage company, engages in the acquisition, exploration, exploitation, development, and production of oil and natural gas properties primarily in the Rocky Mountain Region of the United States. It owns various oil leases covering approximately 21,354 net acres in Sheridan County, Montana. The company also holds approximately 22,000 net acres located in Mountrail County, North Dakota; 7,500 net acres located in Burke and Divide Counties of North Dakota; 10,000 net acres located in the Finger Lakes region of Yates County, New York; and 1,500 net acres in Dunn County, North Dakota. As of March 31, 2008, it owned rights to an aggregate of approximately 62,000 net mineral acres. The company is based in Wayzata, Minnesota. |
DUE DILIGENCE
Williston Basin [North Dakota] sets pace for sales of oil, gas leases
http://209.157.64.201/focus/f-news/1571175/posts
"The U.S. Is Poised to Hit a New Oil Gusher" 03 17 08
By Jim Ostroff, Associate Editor, The Kiplinger Letter
http://tinyurl.com/yqbgcd
North Dakota -- the next Saudi Arabia
http://tinyurl.com/3ebkvh
Williston Basin - From Wikipedia
http://en.wikipedia.org/wiki/Williston_Basin
Bakken Formation - From Wikipedia
http://en.wikipedia.org/wiki/Bakken_Formation
Latest Shares Outstanding | 34.1 | mil |
Float | 21.6 | mil |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |