8 Jan 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Joseph Z. Lenz received 73,200 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
8 Jan 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. CEO Brandon R. Elliott received 240,000 shares as part of the equity award.
8 Jan 2019director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi received 300,000 shares as part of the equity award.
4 Jan 2019material agreement▲ Good
Northern Oil & Gas amended its RBC credit agreement to allow itself to redeem up to $50 million of its 8.5% notes early - a modest step toward paying down the debt taken on to fund its 2018 acquisitions.
14 Dec 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. EVP of Land Adam A. Dirlam had 3,888 shares withheld for taxes on vesting stock.
12 Dec 2018securities registration● Neutral
NORTHERN OIL & GAS, INC. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
7 Dec 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. Chief Accounting Officer Chad W Allen had 5,006 shares withheld for taxes on vesting stock.
7 Dec 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. EVP of Land Adam A. Dirlam had 10,080 shares withheld for taxes on vesting stock.
4 Dec 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. EVP of Land Adam A. Dirlam had 7,816 shares withheld for taxes on vesting stock.
4 Dec 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. Chief Accounting Officer Chad W Allen had 2,776 shares withheld for taxes on vesting stock.
16 Nov 2018substantial holder notice● Neutral
TRT Holdings, Inc, Cresta Investments, LLC, Cresta Greenwood, LLC, Robert B. Rowling reported a NORTHERN OIL & GAS, INC. shareholding of 73,713,619 shares (19.11% of votes) in a periodic institutional filing.
14 Nov 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Roy Ernest Easley bought 40,000 shares on the open market.
9 Nov 2018quarterly activities report● Neutral
NORTHERN OIL & GAS, INC. reported quarterly revenue of $102.3 million and net income of $19.0 million for the period ended 2018-09-30.
9 Nov 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. 10%+ owner Crestview Partners III Gp, L.P. sold 2,865,329 shares at $3.49.
8 Nov 2018quarterly activities report● Neutral
NORTHERN OIL & GAS, INC. reported quarterly revenue of $102.3 million and net income of $19.0 million for the period ended 2018-09-30.
1 Nov 2018securities registration● Neutral
NORTHERN OIL & GAS, INC. filed the final prospectus for a registered offering.
23 Oct 2018securities registration● Neutral
NORTHERN OIL & GAS, INC. registered a securities offering with the SEC using its shelf eligibility.
23 Oct 2018debt financing● Neutral
Northern Oil & Gas registered its October 2018 private notes for public trading in a standard bond exchange offer - a routine securities-law formality, not a new business deal, that lets holders swap their unregistered notes for freely tradeable ones with identical terms.
11 Oct 2018substantial holder notice● Neutral
Crestview Partners III GP, L.P, Crestview W, W Energy Partners LLC disclosed a new substantial NORTHERN OIL & GAS, INC. shareholding (13.38% of votes).
9 Oct 2018debt financing▲ GoodMajor
Northern Oil & Gas completed the additional $350 million notes offering (bringing its 8.50% 2023 notes to roughly $694 million total) and, the same week, replaced its old TPG-led term loan structure with a new Royal Bank of Canada-led revolving credit facility - trading expensive distress-era financing for conventional bank credit now that its acquisitions and restructuring were done.
2 Oct 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. President Michael Lewis Reger had 6,120 shares withheld for taxes on vesting stock.
1 Oct 2018asset acquisition disposition▲ GoodMajor
Northern Oil & Gas closed the larger of its two pending deals, buying W Energy's Williston Basin properties for about $114.8 million cash plus roughly 51.5 million shares - adding about 27 net producing wells and over 10,600 net acres in North Dakota, nearly double the scale of the Pivotal deal three weeks earlier.
25 Sept 2018material agreement▲ GoodMajor
To help fund its acquisition spree, Northern Oil & Gas agreed to sell an additional $350 million of its 8.50% senior secured second lien notes due 2023 in a private placement arranged by RBC Capital Markets.
19 Sept 2018substantial holder notice● Neutral
Pivotal Williston Basin II, LP, Pivotal Williston GP II, LLC, Pivotal Petroleum Partners II LP, TW PPP GP II, LLC, Tailwater E&P Opportunity Fund II LP, TW GP E&P Fund II, LP, TW GP E&P Fund GP II, LLC, Tailwater Capital LLC, Jason H. Downie, Edward Herring disclosed a new substantial NORTHERN OIL & GAS, INC. shareholding (7.90% of votes).
19 Sept 2018production update▲ GoodMajor
Ahead of a new bond offering, Northern Oil & Gas disclosed it also has a second Williston Basin acquisition pending - properties from WR Operating ("W Energy") expected to close by mid-October 2018 - and gave investors combined reserve figures: together, the Pivotal and W Energy deals would add about 115 million barrels of oil equivalent in proved reserves to the company's existing Williston Basin base.
19 Sept 2018substantial holder notice● Neutral
Pivotal Williston Basin, LP, Pivotal Williston GP, LLC, Pivotal Petroleum Partners LP, TW PPP GP, LLC, Tailwater E&P Opportunity Fund LP, TW GP E&P Fund, LP, TW GP E&P Fund GP, LLC, Tailwater Capital LLC, Jason H. Downie, Edward Herring disclosed a new substantial NORTHERN OIL & GAS, INC. shareholding (7.90% of votes).
18 Sept 2018asset acquisition disposition▲ GoodMajor
Having cleaned up its balance sheet, Northern Oil & Gas went on offense: it closed its first acquisition since the restructuring, buying Williston Basin (North Dakota) oil and gas interests from Pivotal Petroleum Partners' affiliates for $60.6 million cash plus about 25.75 million shares, adding roughly 21 net producing wells and 444 net acres.
5 Sept 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. President Michael Lewis Reger had 6,115 shares withheld for taxes on vesting stock.
9 Aug 2018capital raising announcement● Neutral
Northern Oil and Gas exchanged another $13.5 million of its 8.00% 2020 notes for stock, continuing the post-restructuring note cleanup alongside its Q2 2018 earnings release.
9 Aug 2018quarterly activities report▼ Bad
NORTHERN OIL & GAS, INC. reported quarterly revenue of $66.8 million and a net loss of $96.5 million for the period ended 2018-06-30.