Northern Oil and Gas Inc.

NYSE:NOG  
25.36
+0.10 (+0.40%)
Earnings Announcements, Mergers / Acquisitions

NOG Entered Agreement To Acquire Non-Operated Interests In Williston Basin For Purchase Price Of $170 Mln In Cash

Published: 06/07/2022 22:52 GMT
Northern Oil and Gas Inc. (NOG) - Entered Agreement to Acquire Non-operated Interests in Williston Basin for Initial Purchase Price of $170 Million in Cash.
Acquisition to Be Financed With Cash; Continue to Expect 2022 Year-end Leverage Ratio 2,500 Boe per Day Expected Over Next Twelve Months.
Transaction Expected to Be Accretive to All Material Valuation Metrics Over a Multi-year Period.
Revenue is expected to be $354.21 Million
Adjusted EPS is expected to be $1.56

Next Quarter Revenue Guidance is expected to be $381.61 Million
Next Quarter EPS Guidance is expected to be $1.70

More details on our Analysts Page.