• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Northern Oil and Gas Inc.

    11/8/24 12:06:09 PM ET
    $NOG
    Oil & Gas Production
    Energy
    Get the next $NOG alert in real time by email
    SC 13G 1 northernoilandgasinc13g.htm SC 13G Document

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549

    SCHEDULE 13G
    Under the Securities Exchange Act of 1934
    (Amendment No. ) *

    NORTHERN OIL AND GAS, INC.
    (Name of Issuer)


    COMMON STOCK
    (Title of Class of Securities)

    665531307
    (CUSIP Number)

    SEPTEMBER 30, 2024
    (Date of Event Which Requires Filing of this Statement)

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
    X    Rule 13d-1(b)
    ☐    Rule 13d-1(c)
    ☐    Rule 13d-1(d)
    *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


    image_12.jpg


    Page 1 of 8 Pages



    image_12.jpgCUSIP No. 665531307
    1.Names of Reporting Persons
    American Century Investment Management, Inc.
    image_12.jpg
    2.Check the Appropriate Box if a Member of a Group (See Instructions)
    a)☐
    b)☐
    image_12.jpg
    3.SEC Use Only

    image_12.jpg
    4.Citizenship or Place of Organization
    Delaware
     
    5.

    Sole Voting Power

    6,563,529
    Number of Shares
    Beneficially

    6.
     
    Shared Voting Power

     N/A
    Owned by  
    Each
    Reporting
    Person With:

    7.
     
    Sole Dispositive Power

    6,712,314
     
    8.
     
    Shared Dispositive Power

    N/A

    9.

    Aggregate Amount Beneficially Owned by Each Reporting Person

    6,712,314

    10.

    Check if the Aggregate Amount in Row (9) Excludes Certain Shares
    (See Instructions) ☐
     
           11.

    Percent of Class Represented by Amount in Row (9)

    6.70%

    12.

    Type of Reporting Person (See Instructions)

    IA



    Page 2 of 8 Pages



    image_12.jpgCUSIP No. 665531307
    1.Names of Reporting Persons
    American Century Companies, Inc.
    image_12.jpg
    2.Check the Appropriate Box if a Member of a Group (See Instructions)
    a)☐
    b)☐
    image_12.jpg
    3.SEC Use Only

    image_12.jpg
    4.Citizenship or Place of Organization
    Delaware
     
    5.

    Sole Voting Power
    6,563,529
    Number of Shares
    Beneficially

    6.
     
    Shared Voting Power

     N/A
    Owned by  
    Each
    Reporting
    Person With:

    7.
     
    Sole Dispositive Power

    6,712,314
     
    8.
     
    Shared Dispositive Power

    N/A

    9.

    Aggregate Amount Beneficially Owned by Each Reporting Person

    6,712,314

    10.

    Check if the Aggregate Amount in Row (9) Excludes Certain Shares
    (See Instructions) ☐

    11.

    Percent of Class Represented by Amount in Row (9)

    6.70%

    12.

    Type of Reporting Person (See Instructions)

    HC



    Page 3 of 8 Pages



    image_12.jpgCUSIP No. 665531307
    1.Names of Reporting Persons
    Stowers Institute for Medical Research
    image_12.jpg
    2.Check the Appropriate Box if a Member of a Group (See Instructions)
    a)☐
    b)☐
    image_12.jpg
    3.SEC Use Only

    image_12.jpg
    4.Citizenship or Place of Organization
    Delaware
     
    5.

    Sole Voting Power
    6,563,529
    Number of Shares
    Beneficially

    6.
     
    Shared Voting Power

     N/A
    Owned by  
    Each
    Reporting
    Person With:

    7.
     
    Sole Dispositive Power

    6,712,314
     
    8.
     
    Shared Dispositive Power

    N/A

    9.

    Aggregate Amount Beneficially Owned by Each Reporting Person

    6,712,314

    10.

    Check if the Aggregate Amount in Row (9) Excludes Certain Shares
    (See Instructions) ☐

    11.

    Percent of Class Represented by Amount in Row (9)

    6.70%

    12.

    Type of Reporting Person (See Instructions)

    HC



    Page 4 of 8 Pages



    Item 1.
    a)Name of Issuer

    Northern Oil and Gas, Inc.

    b)Address of Issuer’s Principal Executive Offices

    4350 Baker Road, Suite 400
    Minnetonka, Minnesota 55343
    Item 2.
    a)Name of Person Filing:
    1)American Century Investment Management, Inc.
    2)American Century Companies, Inc.
    3)Stowers Institute for Medical Research

    a)Address of Principal Business Office or, if none, Residence.
    4500 Main Street
    9th Floor
    Kansas City, Missouri 64111

    c)Citizenship.
    1)Delaware
    2)Delaware
    3)Delaware

    d)Title of Class of Securities
    Reference is made to the cover page of this filing.

    e)CUSIP Number.
    Reference is made to the cover page of this filing.




    Page 5 of 8 Pages



    Item 3.    If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
    1)American Century Investment Management, Inc. is an investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
    2)American Century Companies, Inc. is a parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
    3)Stowers Institute for Medical Research is a parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

    Item 4.     Ownership.
         Reference is made to Items 5-9 and 11 on the cover page of this filing.
    Item 5. Ownership of Five Percent or Less of a Class.
    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ ]
    Item 6. Ownership of More than Five Percent on Behalf of Another Person.
    Various persons, including the investment companies and separate institutional investor accounts that American Century Investment Management, Inc. (“ACIM”) serves as investment adviser, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities that are the subject of this schedule.  Except as may be otherwise indicated if this is a joint filing, not more than 5% of the class of securities that is the subject of this schedule is owned by any one client advised by ACIM.
    Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
    See attached Exhibit A.
    Item 8. Identification and Classification of Members of the Group.
    Not applicable.
    Item 9. Notice of Dissolution of Group
    Not applicable






    Page 6 of 8 Pages



    Item 10. Certification
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

    SIGNATURE
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Dated this 8th day of November, 2024.

    AMERICAN CENTURY INVESTMENT MANAGEMENT, INC. (“ACIM”)

    AMERICAN CENTURY COMPANIES, INC. (“ACC”)

    By:     __/s/ John Pak______________
        John Pak
        Senior Vice President, ACIM and ACC
        

    STOWERS INSTITUTE FOR MEDICAL RESEARCH, solely in its capacity as control entity of ACC

    By:    __/s/ Richard W. Brown_______
        Richard W. Brown
        Chairman

    SCHEDULE 13G – To be included in statements filed pursuant to Rule 13d-1(b) or 13d-2(b).

    EXHIBIT A
    This Exhibit has been prepared to identify each subsidiary of American Century Companies, Inc. (“ACC”), which is controlled by the Stowers Institute for Medical Research, that is a beneficial owner of securities that are the subject of this schedule (the “Subject Securities”).  American Century Investment Management, Inc. (“ACIM”) is a wholly-owned subsidiary of ACC and an investment adviser registered under §203 of the Investment Advisers Act of 1940.
    SCHEDULE 13G – To be included in statements filed pursuant to Rule 13d-1(b) or 13d-2(b) and Rule 13d-1(f) (1) Agreement.




    Page 7 of 8 Pages



    EXHIBIT B
    Each of the undersigned hereby agrees and consents to the execution and joint filing on its behalf by American Century Investment Management, Inc. of this Schedule 13G respecting the beneficial ownership of the securities which are the subject of this schedule.

    Dated this 8th day of November, 2024.

    AMERICAN CENTURY INVESTMENT MANAGEMENT, INC. (“ACIM”)

    AMERICAN CENTURY COMPANIES, INC. (“ACC”)

    By:     __/s/ John Pak______________
        John Pak
        Senior Vice President, ACIM and ACC
        

    STOWERS INSTITUTE FOR MEDICAL RESEARCH, solely in its capacity as control entity of ACC

    By:    __/s/ Richard W. Brown_______
        Richard W. Brown
        Chairman











    Page 8 of 8 Pages

    Get the next $NOG alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $NOG

    DatePrice TargetRatingAnalyst
    2/21/2025Overweight → Equal Weight
    CapitalOne
    12/16/2024$47.00Outperform → Neutral
    Mizuho
    11/20/2024$43.00 → $45.00Outperform → Sector Perform
    RBC Capital Mkts
    10/3/2024$53.00Buy
    Jefferies
    9/19/2024$47.00Outperform
    Mizuho
    1/5/2024$39.00Buy → Underperform
    BofA Securities
    1/5/2024$40.00Equal-Weight
    Morgan Stanley
    12/14/2023Buy → Accumulate
    Johnson Rice
    More analyst ratings

    $NOG
    SEC Filings

    See more
    • Northern Oil and Gas Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation

      8-K - NORTHERN OIL & GAS, INC. (0001104485) (Filer)

      5/1/25 4:29:08 PM ET
      $NOG
      Oil & Gas Production
      Energy
    • SEC Form 10-Q filed by Northern Oil and Gas Inc.

      10-Q - NORTHERN OIL & GAS, INC. (0001104485) (Filer)

      4/30/25 4:10:49 PM ET
      $NOG
      Oil & Gas Production
      Energy
    • Northern Oil and Gas Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - NORTHERN OIL & GAS, INC. (0001104485) (Filer)

      4/29/25 4:34:23 PM ET
      $NOG
      Oil & Gas Production
      Energy

    $NOG
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Kimble William F was granted 1,447 shares, increasing direct ownership by 13% to 12,418 units (SEC Form 4)

      4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)

      4/2/25 4:06:41 PM ET
      $NOG
      Oil & Gas Production
      Energy
    • Director Frantz Michael A was granted 1,447 shares, increasing direct ownership by 3% to 57,890 units (SEC Form 4)

      4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)

      4/2/25 4:06:19 PM ET
      $NOG
      Oil & Gas Production
      Energy
    • Director Easley Roy Ernest was granted 1,447 shares, increasing direct ownership by 3% to 54,825 units (SEC Form 4)

      4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)

      4/2/25 4:06:03 PM ET
      $NOG
      Oil & Gas Production
      Energy

    $NOG
    Financials

    Live finance-specific insights

    See more

    $NOG
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more

    $NOG
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $NOG
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • NOG Expands Credit Facility

      Northern Oil and Gas, Inc. (NYSE:NOG) (the "Company" or "NOG") today announced the completion of its semi-annual borrowing base redetermination under its reserves-based revolving credit facility (the "Facility"). In connection with the redetermination, the elected commitment amount increased from $1.5 billion to $1.6 billion and the borrowing base remains unchanged at $1.8 billion. The Company's bank group now includes 20 banks with the addition of CIBC Capital Markets. MANAGEMENT COMMENT "We are pleased to announce a 7% increase to our revolving credit facility despite an increasingly challenging macro environment," commented Chad Allen, NOG's Chief Financial Officer. "The increased comm

      4/30/25 5:00:00 PM ET
      $NOG
      Oil & Gas Production
      Energy
    • NOG Declares $0.45 Quarterly Cash Dividend, 12.5% Increase Year-over-Year

      Northern Oil and Gas, Inc. (NYSE:NOG) ("NOG" or the "Company") today announced that its Board of Directors has declared a cash dividend on the Company's common stock. DIVIDEND DECLARATION NOG's Board of Directors has declared a cash dividend in the amount of $0.45 per share, representing a 12.5% increase year-over-year and equal to the prior quarterly dividend. The dividend is payable on July 31, 2025, to stockholders of record as of the close of business on June 27, 2025. ABOUT NOG NOG is a real asset company with a primary strategy of acquiring and investing in non-operated minority working and mineral interests in the premier hydrocarbon producing basins within the contiguous United

      4/30/25 7:00:00 AM ET
      $NOG
      Oil & Gas Production
      Energy
    • NOG Announces First Quarter 2025 Results

      FIRST QUARTER HIGHLIGHTS Record total quarterly production of 134,959 Boe per day (58% oil), up 13% from the first quarter of 2024 Oil volumes of 78,675 Bbl per day, driven by strong well performance Record Appalachian volumes of 113.5 Mmcfe per day Uinta volumes up over 15% from prior quarter in first period of SM Energy Company's operatorship GAAP net income of $139.0 million, Adjusted Net Income of $133.4 million and Record Adjusted EBITDA of $434.7 million. See "Non-GAAP Financial Measures" below Cash flow from operations of $407.4 million. Excluding changes in net working capital, cash flow from operations was $387.4 million, an increase of 10% from the first quarter of 202

      4/29/25 4:05:00 PM ET
      $NOG
      Oil & Gas Production
      Energy
    • Northern Oil & Gas downgraded by CapitalOne

      CapitalOne downgraded Northern Oil & Gas from Overweight to Equal Weight

      2/21/25 8:48:08 AM ET
      $NOG
      Oil & Gas Production
      Energy
    • Northern Oil & Gas downgraded by Mizuho with a new price target

      Mizuho downgraded Northern Oil & Gas from Outperform to Neutral and set a new price target of $47.00

      12/16/24 6:33:42 AM ET
      $NOG
      Oil & Gas Production
      Energy
    • Northern Oil & Gas downgraded by RBC Capital Mkts with a new price target

      RBC Capital Mkts downgraded Northern Oil & Gas from Outperform to Sector Perform and set a new price target of $45.00 from $43.00 previously

      11/20/24 7:44:25 AM ET
      $NOG
      Oil & Gas Production
      Energy
    • CEO O'Grady Nicholas L. bought $27,480 worth of shares (1,000 units at $27.48), increasing direct ownership by 0.44% to 226,189 units (SEC Form 4)

      4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)

      3/10/25 9:43:32 AM ET
      $NOG
      Oil & Gas Production
      Energy
    • Director Lasher Stuart G. bought $552,400 worth of shares (20,000 units at $27.62) (SEC Form 4)

      4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)

      3/5/25 12:55:42 PM ET
      $NOG
      Oil & Gas Production
      Energy
    • Director Akradi Bahram bought $1,121,360 worth of shares (40,000 units at $28.03), increasing direct ownership by 2% to 1,662,016 units (SEC Form 4)

      4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)

      3/4/25 5:25:09 PM ET
      $NOG
      Oil & Gas Production
      Energy
    • NOG Expands Credit Facility

      Northern Oil and Gas, Inc. (NYSE:NOG) (the "Company" or "NOG") today announced the completion of its semi-annual borrowing base redetermination under its reserves-based revolving credit facility (the "Facility"). In connection with the redetermination, the elected commitment amount increased from $1.5 billion to $1.6 billion and the borrowing base remains unchanged at $1.8 billion. The Company's bank group now includes 20 banks with the addition of CIBC Capital Markets. MANAGEMENT COMMENT "We are pleased to announce a 7% increase to our revolving credit facility despite an increasingly challenging macro environment," commented Chad Allen, NOG's Chief Financial Officer. "The increased comm

      4/30/25 5:00:00 PM ET
      $NOG
      Oil & Gas Production
      Energy
    • NOG Declares $0.45 Quarterly Cash Dividend, 12.5% Increase Year-over-Year

      Northern Oil and Gas, Inc. (NYSE:NOG) ("NOG" or the "Company") today announced that its Board of Directors has declared a cash dividend on the Company's common stock. DIVIDEND DECLARATION NOG's Board of Directors has declared a cash dividend in the amount of $0.45 per share, representing a 12.5% increase year-over-year and equal to the prior quarterly dividend. The dividend is payable on July 31, 2025, to stockholders of record as of the close of business on June 27, 2025. ABOUT NOG NOG is a real asset company with a primary strategy of acquiring and investing in non-operated minority working and mineral interests in the premier hydrocarbon producing basins within the contiguous United

      4/30/25 7:00:00 AM ET
      $NOG
      Oil & Gas Production
      Energy
    • NOG Announces First Quarter 2025 Results

      FIRST QUARTER HIGHLIGHTS Record total quarterly production of 134,959 Boe per day (58% oil), up 13% from the first quarter of 2024 Oil volumes of 78,675 Bbl per day, driven by strong well performance Record Appalachian volumes of 113.5 Mmcfe per day Uinta volumes up over 15% from prior quarter in first period of SM Energy Company's operatorship GAAP net income of $139.0 million, Adjusted Net Income of $133.4 million and Record Adjusted EBITDA of $434.7 million. See "Non-GAAP Financial Measures" below Cash flow from operations of $407.4 million. Excluding changes in net working capital, cash flow from operations was $387.4 million, an increase of 10% from the first quarter of 202

      4/29/25 4:05:00 PM ET
      $NOG
      Oil & Gas Production
      Energy

    $NOG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Northern Oil and Gas Inc.

      SC 13G - NORTHERN OIL & GAS, INC. (0001104485) (Subject)

      11/8/24 12:06:09 PM ET
      $NOG
      Oil & Gas Production
      Energy
    • SEC Form SC 13G/A filed by Northern Oil and Gas Inc. (Amendment)

      SC 13G/A - NORTHERN OIL & GAS, INC. (0001104485) (Subject)

      2/9/24 6:21:28 PM ET
      $NOG
      Oil & Gas Production
      Energy
    • SEC Form SC 13G/A filed by Northern Oil and Gas Inc. (Amendment)

      SC 13G/A - NORTHERN OIL & GAS, INC. (0001104485) (Subject)

      2/9/24 9:28:31 AM ET
      $NOG
      Oil & Gas Production
      Energy