OverviewSuggest Edit

Northern Oil & Gas, Inc. is an independent energy company engaged in the acquisition, exploration, development, and production of oil and natural gas properties, primarily in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana. The Company's primary focus is oil exploration and production through non-operated working interests in wells drilled and completed in spacing units that include our acreage. As a non-operator, Northern Oil & Gas is able to diversify its investment exposure by participating in a large number of gross wells, as well as entering into more project areas by partnering with numerous experienced operating partners.

TypePublic
Founded2007
HQHopkins, US
Websitenorthernoil.com
Employee Ratings4.5

Latest Updates

Employees (est.) (Feb 2019)18
Revenue (FY, 2016)$144.9 M(-47%)
Share Price (May 2019)$2.1 (-6%)

Northern Oil and Gas Office Locations

Northern Oil and Gas has an office in Hopkins
Hopkins, US (HQ)
601 Carlson Pkwy #990
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Northern Oil and Gas Financials and Metrics

Northern Oil and Gas Revenue

Northern Oil and Gas's revenue was reported to be $144.90 m in FY, 2016 which is a 47.3% decrease from the previous period.
USD

Revenue (FY, 2016)

144.9m

Revenue growth (FY, 2015 - FY, 2016), %

(47.3%)

Net income (FY, 2016)

(293.5m)

EBIT (FY, 2016)

(229.3m)

Market capitalization (22-May-2019)

810.3m

Closing stock price (22-May-2019)

2.1

Cash (31-Dec-2016)

6.5m
Northern Oil and Gas's current market capitalization is $810.3 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

275.1m144.9m

Revenue growth, %

(47%)

EBIT

(1.1b)(229.3m)

EBIT margin, %

(407%)(158%)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

5.7m9.3m3.4m6.5m

Accounts Receivable

35.8m

Current Assets

104.4m226.0m128.8m46.9m

Total Assets

1.5b2.0b733.9m431.5m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

53.1m163.7m(975.4m)(293.5m)

Accounts Payable

2.0m4.1m(4.5m)(365.1k)

Cash From Operating Activities

222.8m274.3m247.0m101.9m

Cash From Investing Activities

(358.5m)(477.0m)(288.9m)(91.0m)
USDY, 2016

Revenue/Employee

7.6m
Show all financial metrics

Northern Oil and Gas Blogs

Northern Oil and Gas, Inc. Announces Fourth Quarter and Year-End 2018 Earnings Release and Conference Call

MINNEAPOLIS --(BUSINESS WIRE)--Feb. 25, 2019-- Northern Oil and Gas, Inc. (NYSE American: NOG) (“Northern” or the “Company”) announced today that it plans to issue its earnings release with respect to fourth quarter and year-end 2018 financial and operating results on Tuesday, March 12, 2019 before

Northern Oil and Gas, Inc. Provides Fourth Quarter 2018 Update and Initial Share Repurchase Activity

Northern Oil and Gas, Inc. Provides Fourth Quarter 2018 Update and Initial Share Repurchase Activity Content Import Tue, 01/22/2019 - 06:32 Northern Oil and Gas, Inc. Provides Fourth Quarter 2018 Update and Initial Share Repurchase Activity January 22, 2019 at 6:30 AM EST …

Northern Oil and Gas, Inc. Announces Upcoming Conference Schedule and Publishes Updated Investor Presentation

MINNEAPOLIS --(BUSINESS WIRE)--Dec. 4, 2018-- Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that it will be participating in the following upcoming conferences:   Cowen 8th Annual Energy & Natural Resources Conference December 4 - 5, 2018, New York City, NY   Capital One

Northern Oil and Gas, Inc. Enters into a New Five Year $750 Million Senior Secured Credit Facility

MINNEAPOLIS --(BUSINESS WIRE)--Oct. 5, 2018-- Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that it has closed an agreement with Royal Bank of Canada , as administrative agent, and a syndicate of lenders under a new $750 million first lien revolving credit facility (the “new

Northern Oil and Gas, Inc. Announces Closing of W Energy Acquisition

MINNEAPOLIS --(BUSINESS WIRE)--Oct. 1, 2018-- Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that it has closed on the previously announced W Energy Partners acquisition, which is the largest acquisition in Northern’s history. The acquired assets consist of approximately 27.2 net

Northern Oil and Gas Announces Pricing of Previously Announced Private Offering of Senior Secured Second Lien Notes

MINNEAPOLIS --(BUSINESS WIRE)--Sep. 21, 2018-- Northern Oil and Gas, Inc.  (NYSE American: NOG) (“Northern” or the “Company”) today announced that it has priced its previously announced private placement under Rule 144A and Regulation S of the Securities Exchange Act of 1933, as amended (the
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Northern Oil and Gas Frequently Asked Questions

  • When was Northern Oil and Gas founded?

    Northern Oil and Gas was founded in 2007.

  • How many employees does Northern Oil and Gas have?

    Northern Oil and Gas has 18 employees.

  • What is Northern Oil and Gas revenue?

    Latest Northern Oil and Gas annual revenue is $144.9 m.

  • What is Northern Oil and Gas revenue per employee?

    Latest Northern Oil and Gas revenue per employee is $8.1 m.

  • Who are Northern Oil and Gas competitors?

    Competitors of Northern Oil and Gas include Sound Energy, Eland Oil & Gas and Resolute Energy.

  • Where is Northern Oil and Gas headquarters?

    Northern Oil and Gas headquarters is located at 601 Carlson Pkwy #990, Hopkins.

  • Where are Northern Oil and Gas offices?

    Northern Oil and Gas has an office in Hopkins.

  • How many offices does Northern Oil and Gas have?

    Northern Oil and Gas has 1 office.