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Stock impact report

Northern Oil and Gas Q4 Earnings Call Highlights [Yahoo! Finance]

Northern Oil and Gas, Inc. (NOG) 
NASDAQ:AMEX Investor Relations: northernoil.com
Company Research Source: Yahoo! Finance
gas and capital flexibility; the company insists the dividend is sustainable (designed for a significantly weaker environment) and can maintain it while deferring development as needed. NOG materially expanded its Appalachia footprint with the Utica acquisition (about a increase to ~90,000 net acres) and gas led production growth — Q4 gas volumes were up year-over-year, marking a third consecutive quarter of record gas volumes — while the Ground Game is evolving toward drill-ready projects after a record Q4 of transactions. Financials and liquidity strengthened: Q4 Adjusted EBITDA was $367M (full-year $1.63B ), full-year free cash flow was $424M , the revolver was extended to Nov 2030 with a larger borrowing base, NOG issued $725M of notes, and post-Utica the company has more than $1B of available liquidity. Interested in Northern Oil and Gas, Inc.? Here are five stocks we like better. 3 Mid-Cap Energy Firms Analysts See Moving Up to the Big Leagues Northern Oil and Gas (NYS Show less Read more
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