31 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Jack E King disposed of 24,000 shares via option/appreciation-right settlement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
31 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi disposed of 79,200 shares via option/appreciation-right settlement.
31 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. President & CFO Nicholas L. O'grady disposed of 62,500 shares via option/appreciation-right settlement.
23 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. 10%+ owner Robert B. Rowling gifted 1,500,000 shares.
17 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. EVP of Land Adam A. Dirlam had 5,342 shares withheld for taxes on vesting stock.
9 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. Chief Accounting Officer Chad W Allen had 6,878 shares withheld for taxes on vesting stock.
9 Dec 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. EVP of Land Adam A. Dirlam had 13,961 shares withheld for taxes on vesting stock.
27 Nov 2019substantial holder notice● Neutral
Angelo, Gordon & Co., L.P, AG Partners, L.P, JAMG LLC, Michael L. Gordon reported a NORTHERN OIL & GAS, INC. shareholding of 41,507,527 shares (9.99% of votes) in a periodic institutional filing.
26 Nov 2019capital raising announcement▲ GoodMajor
Northern Oil and Gas launched a second round of balance-sheet cleanup: a tender offer to buy back up to $200 million of its expensive 8.50% second-lien notes, plus a new option for noteholders to convert into a newly created 6.50% Series A Perpetual Cumulative Convertible Preferred Stock. Backstop investors agreed to buy $42.1 million of the new preferred for cash and exchange $24.9 million more notes for it.
26 Nov 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. 10%+ owner Robert B. Rowling bought 21,894 shares on the open market.
22 Nov 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. President & CFO Nicholas L. O'grady received 100,000 shares as part of the equity award.
22 Nov 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi received 800,000 shares as part of the equity award.
12 Nov 2019quarterly activities report● Neutral
NORTHERN OIL & GAS, INC. reported quarterly revenue of $233.9 million and net income of $94.4 million for the period ended 2019-09-30.
12 Nov 2019substantial holder notice● Neutral
Angelo, Gordon & Co., L.P, AG Partners, L.P, JAMG LLC, Michael L. Gordon reported a NORTHERN OIL & GAS, INC. shareholding of 31,804,525 shares (7.98% of votes) in a periodic institutional filing.
12 Nov 2019material agreement● Neutral
Northern Oil & Gas got its bank lenders to temporarily loosen its leverage and liquidity covenants through early 2020, giving it breathing room after its debt-heavy VEN Bakken acquisition.
5 Nov 2019substantial holder notice● Neutral
Angelo, Gordon & Co., L.P, AG Partners, L.P, JAMG LLC, Michael L. Gordon reported a NORTHERN OIL & GAS, INC. shareholding of 31,804,525 shares (7.98% of votes) in a periodic institutional filing.
30 Oct 2019quarterly activities report● Neutral
NORTHERN OIL & GAS, INC. reported quarterly revenue of $233.9 million and net income of $94.4 million for the period ended 2019-09-30.
22 Oct 2019material agreement● NeutralMajor
With debt built up from its 2018-2019 acquisition spree, Northern Oil & Gas launched a capital-structure cleanup: a $200 million cash tender for its 8.50% notes, an offer to swap up to $70.75 million more of those notes for new 6.5% convertible preferred stock, and lender commitments for a new revolving credit facility - all backstopped by a group of its own noteholders.
22 Oct 2019substantial holder notice● Neutral
Angelo, Gordon & Co., L.P, AG Partners, L.P, JAMG LLC, Michael L. Gordon reported a NORTHERN OIL & GAS, INC. shareholding of 31,804,525 shares (7.98% of votes) in a periodic institutional filing.
3 Sept 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. Chief Financial Officer Nicholas L. O'grady bought 25,000 shares on the open market at $1.55.
30 Aug 2019substantial holder notice● Neutral
Angelo, Gordon & Co., L.P, AG Partners, L.P, JAMG LLC, Michael L. Gordon disclosed a new substantial NORTHERN OIL & GAS, INC. shareholding (7.98% of votes).
16 Aug 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. 10%+ owner Robert B. Rowling bought 985,100 shares on the open market.
12 Aug 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi bought 213,201 shares on the open market at $1.73.
9 Aug 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. EVP of Land Adam A. Dirlam bought 16,000 shares on the open market at $1.56.
8 Aug 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. EVP, General Counsel & Sec Erik J. Romslo bought 32,052 shares on the open market at $1.56.
8 Aug 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. 10%+ owner Robert B. Rowling bought 1,508,382 shares on the open market.
8 Aug 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi bought 1,337,588 shares on the open market.
5 Aug 2019quarterly activities report● Neutral
NORTHERN OIL & GAS, INC. reported quarterly revenue of $186.4 million and net income of $44.4 million for the period ended 2019-06-30.
1 Aug 2019quarterly activities report● Neutral
NORTHERN OIL & GAS, INC. reported quarterly revenue of $186.4 million and net income of $44.4 million for the period ended 2019-06-30.
24 July 2019quarterly activities report● Neutral
NORTHERN OIL & GAS, INC. reported quarterly revenue of $186.4 million and net income of $44.4 million for the period ended 2019-06-30.