Northern Oil & Gas, Inc. (NYSE: NOG)
Company Overview
Northern Oil and Gas, Inc. is a non-operator franchise in the Bakken and Three Forks plays in the Williston Basin of North Dakota and Montana.
- 3,500+ active wells
- 45 operating partners
- Recently acquired Salt Creek Oil and Gas
- Currently entered into agreements to retire $44 million of its remaining notes
Summary
- Q1-2018 Revenue: $79 million
- Q1-2018 Production: 18 (MBOE/day)
- Total Common Stock Outstanding: 282 million
- Enterprise Value: $1.8 billion
- Total Debt: $981 million
- 1P Reserves: 76 MMboe
- Operating Margin: +48.31%
Management Team
Michael Reger – CEO
Nicholas O’Grady – CFO
Brandon Elliott – CFA
Erik Romslo – Executive Vice President, General Counsel & Secretary
Chad Allen – CAO
Adam Dirlam – Executive Vice President, Land
The Oil and Gas Conference®
Northern Oil & Gas is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-23, 2018. EnerCom expects to have more than 80 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.
To learn more about the conference and presenter schedule please visit the conference website here.