3 Aug 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. President Michael Lewis Reger had 6,043 shares withheld for taxes on vesting stock.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
31 July 2018capital raising announcement▲ GoodMajor
Days after the Pivotal deal, Northern Oil and Gas agreed to a much larger Williston Basin acquisition from W Resources (WR Operating LLC) - $100 million cash plus 56.4 million shares - continuing its post-restructuring growth-by-acquisition strategy.
20 July 2018capital raising announcement▲ GoodMajor
Freshly recapitalized, Northern Oil and Gas agreed to acquire Williston Basin oil and gas assets from Pivotal Petroleum Partners for a combined $68.4 million cash plus about 25.75 million shares - its first bolt-on acquisition since the restructuring, funded partly with stock rather than more debt.
9 July 2018auditor change● Neutral
With its restructuring into a Delaware corporation complete, Northern Oil & Gas brought in Deloitte & Touche as its auditor for fiscal 2018.
9 July 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. CEO Brandon R. Elliott received 30,000 shares as part of the equity award.
2 July 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. CEO Michael Lewis Reger had 7,180 shares withheld for taxes on vesting stock.
26 June 2018capital raising announcement● Neutral
Northern Oil and Gas exchanged a further $10 million of its 8.00% 2020 notes for stock, continuing to retire the balance not captured by the main restructuring.
22 June 2018securities registration● Neutral
NORTHERN OIL & GAS, INC. registered a securities offering with the SEC using its shelf eligibility.
22 June 2018securities registration● Neutral
NORTHERN OIL & GAS, INC. registered a securities offering with the SEC using its shelf eligibility.
22 June 2018securities registration● Neutral
NORTHERN OIL & GAS, INC. registered a securities offering with the SEC using its shelf eligibility.
20 June 2018capital raising announcement● Neutral
Northern Oil and Gas exchanged another $22.8 million of its 8.00% 2020 notes for stock across two more noteholder agreements.
13 June 2018capital raising announcement● Neutral
Northern Oil and Gas kept mopping up its remaining 8.00% 2020 notes, agreeing to exchange another $21 million of them for stock with two more noteholders outside the main restructuring.
5 June 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Michael T Popejoy received 63,600 shares as part of the equity award.
5 June 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Jack E King received 75,600 shares as part of the equity award.
5 June 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi received 230,400 shares as part of the equity award.
5 June 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. Chief Financial Officer Nicholas L. O'grady received 360,000 shares as part of the equity award.
5 June 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Lisa Meier received 73,200 shares as part of the equity award.
5 June 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Robert Grabb received 64,800 shares as part of the equity award.
5 June 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. President, COO Brandon R. Elliott received 120,000 shares as part of the equity award.
5 June 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. Chief Accounting Officer Chad W Allen received 90,000 shares as part of the equity award.
5 June 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Roy Ernest Easley received 42,700 shares as part of the equity award.
5 June 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Michael A Frantz received 72,000 shares as part of the equity award.
5 June 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Delos Cy Jamison received 61,200 shares as part of the equity award.
5 June 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. EVP of Land Adam A. Dirlam received 120,000 shares as part of the equity award.
31 May 2018securities registration● Neutral
NORTHERN OIL & GAS, INC. amended an already-effective registration statement.
30 May 2018business combination● Neutral
This is a post-effective amendment recording that the move is done, not pending: Northern Oil and Gas filed its articles of conversion on 9 May 2018 and now exists as a Delaware corporation, and the Delaware company formally adopts the existing registration statement as its own under Rule 414(d). No securities are registered by it and the prospectuses are unchanged; the business, assets, liabilities, locations, fiscal year and board all carried over intact.
18 May 2018capital raising announcement▲ GoodMajor
Northern Oil and Gas closed its 2018 restructuring: it exchanged $497 million (71%) of its 8.000% notes due 2020 for 103.2 million new shares plus $344.3 million of new 8.50% second-lien notes due 2023, and raised $52 million more by selling 34.7 million shares at $1.50 - a debt-for-equity swap that fixed the balance sheet after the 2015-2016 oil crash.
18 May 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 (27.70% of votes) in a periodic institutional filing.
17 May 2018director interest notice● Neutral
NORTHERN OIL & GAS, INC. director Bahram Akradi bought 8,000,000 shares on the open market at $1.50.
16 May 2018securities registration● Neutral
NORTHERN OIL & GAS, INC. amended an already-effective registration statement.