William Blair initiated coverage of Northern Oil & Gas with a rating of Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/25/2025 | Outperform | William Blair | |
| 8/18/2025 | $27.00 | Equal-Weight → Underweight | Morgan Stanley |
| 2/21/2025 | Overweight → Equal Weight | CapitalOne | |
| 12/16/2024 | $47.00 | Outperform → Neutral | Mizuho |
| 11/20/2024 | $43.00 → $45.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 10/3/2024 | $53.00 | Buy | Jefferies |
| 9/19/2024 | $47.00 | Outperform | Mizuho |
| 1/5/2024 | $39.00 | Buy → Underperform | BofA Securities |
HIGHLIGHTS NOG to partner with Infinity Natural Resources ("Infinity") to purchase the Ohio Utica assets (the "Utica Assets") of Antero Resources Corporation and Antero Midstream Corporation (collectively, "Antero"), for a combined unadjusted purchase price of $1.2 billion in cash (the "Purchase Price") NOG's non-operated interest will represent a 49% undivided ownership in the Utica Assets (the "Acquired Assets") for $588 million in cash, with 67% of the Purchase Price allocated to the upstream assets and 33% of the Purchase Price allocated to the midstream assets Upstream comprised of ~35,000 acres net to NOG with exposure to dry gas, rich gas, and condensate production and future d
Addition of Antero's Ohio Assets Solidifies Infinity's Leading Position in the Utica Shale Infinity Natural Resources, Inc. ("Infinity" or the "Company") (NYSE:INR) today announced that on December 5, 2025 its subsidiary Infinity Natural Resources, LLC entered into agreements (together, the "Agreements") to acquire upstream and midstream assets in Ohio from Antero Resources Corporation (NYSE:AR) ("Antero Resources") and Antero Midstream Corporation (NYSE:AM) ("Antero Midstream") (collectively the "Antero Ohio Assets") for a combined $1.2 billion. Concurrently, Northern Oil and Gas, Inc. (NYSE:NOG) ("Northern") will acquire an undivided 49% interest in the assets for $588 million, resulting
THIRD QUARTER HIGHLIGHTS Total quarterly production of 131,054 Boe per day (55% oil), up 8% from the third quarter of 2024 Oil volumes of 72,348 Bbl per day, up 2.0% from the third quarter of 2024 Record Appalachian volumes of 135.9 MMcf per day GAAP net loss of $129.1 million, Adjusted EBITDA of $387.1 million, and Adjusted Net Income of $101.8 million. See "Non-GAAP Financial Measures" below Cash flow from operations of $362.1 million. Excluding changes in net working capital, cash flow from operations was $344.3 million, a 9% decrease from the third quarter of 2024 Generated $118.9 million of Free Cash Flow. See "Non-GAAP Financial Measures" below Capital expenditures, excl
8-K - NORTHERN OIL & GAS, INC. (0001104485) (Filer)
8-K - NORTHERN OIL & GAS, INC. (0001104485) (Filer)
SCHEDULE 13G - NORTHERN OIL & GAS, INC. (0001104485) (Subject)
SC 13G - NORTHERN OIL & GAS, INC. (0001104485) (Subject)
SC 13G/A - NORTHERN OIL & GAS, INC. (0001104485) (Subject)
SC 13G/A - NORTHERN OIL & GAS, INC. (0001104485) (Subject)
HIGHLIGHTS NOG to partner with Infinity Natural Resources ("Infinity") to purchase the Ohio Utica assets (the "Utica Assets") of Antero Resources Corporation and Antero Midstream Corporation (collectively, "Antero"), for a combined unadjusted purchase price of $1.2 billion in cash (the "Purchase Price") NOG's non-operated interest will represent a 49% undivided ownership in the Utica Assets (the "Acquired Assets") for $588 million in cash, with 67% of the Purchase Price allocated to the upstream assets and 33% of the Purchase Price allocated to the midstream assets Upstream comprised of ~35,000 acres net to NOG with exposure to dry gas, rich gas, and condensate production and future d
Addition of Antero's Ohio Assets Solidifies Infinity's Leading Position in the Utica Shale Infinity Natural Resources, Inc. ("Infinity" or the "Company") (NYSE:INR) today announced that on December 5, 2025 its subsidiary Infinity Natural Resources, LLC entered into agreements (together, the "Agreements") to acquire upstream and midstream assets in Ohio from Antero Resources Corporation (NYSE:AR) ("Antero Resources") and Antero Midstream Corporation (NYSE:AM) ("Antero Midstream") (collectively the "Antero Ohio Assets") for a combined $1.2 billion. Concurrently, Northern Oil and Gas, Inc. (NYSE:NOG) ("Northern") will acquire an undivided 49% interest in the assets for $588 million, resulting
THIRD QUARTER HIGHLIGHTS Total quarterly production of 131,054 Boe per day (55% oil), up 8% from the third quarter of 2024 Oil volumes of 72,348 Bbl per day, up 2.0% from the third quarter of 2024 Record Appalachian volumes of 135.9 MMcf per day GAAP net loss of $129.1 million, Adjusted EBITDA of $387.1 million, and Adjusted Net Income of $101.8 million. See "Non-GAAP Financial Measures" below Cash flow from operations of $362.1 million. Excluding changes in net working capital, cash flow from operations was $344.3 million, a 9% decrease from the third quarter of 2024 Generated $118.9 million of Free Cash Flow. See "Non-GAAP Financial Measures" below Capital expenditures, excl
4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)
4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)
4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)
William Blair initiated coverage of Northern Oil & Gas with a rating of Outperform
Morgan Stanley downgraded Northern Oil & Gas from Equal-Weight to Underweight and set a new price target of $27.00
CapitalOne downgraded Northern Oil & Gas from Overweight to Equal Weight
4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)
4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)
4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)