Northern Oil & Gas downgraded by BofA Securities with a new price target
$NOG
Oil & Gas Production
Energy
BofA Securities downgraded Northern Oil & Gas from Buy to Underperform and set a new price target of $39.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 1/5/2024 | $40.00 | Equal-Weight | Morgan Stanley |
| 12/14/2023 | Buy → Accumulate | Johnson Rice |
4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)
4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)
4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)
Company Raised over $200M in Gross Proceeds Including Initial Purchasers' Option to Purchase Additional Notes; Company Simultaneously Executed $35 Million Share Repurchase and Entered into Capped Call Transactions; Offering Provides Enhanced Liquidity and Debt Maturity Schedule Northern Oil and Gas, Inc. (NYSE:NOG) ("NOG" or the "Company") today announced that it closed the reopening of its 3.625% Convertible Unsecured Senior Notes due April 2029, enhancing the Company's liquidity and debt maturity schedule. HIGHLIGHTS Issued $200.0 million of its 3.625% Convertible Unsecured Senior Notes due April 2029, including the initial purchasers' option to purchase additional notes, at a
Reopening of existing 2029 convertible notes provides NOG with incremental strategic flexibility A portion of the proceeds will be used to repurchase stock and purchase a hedge overlay intended to offset share dilution until the stock is above approximately $50.87 Northern Oil and Gas, Inc. (NYSE:NOG) (the "Company" or "NOG") today announced the pricing of its offering of $175,000,000 aggregate principal amount of additional 3.625% convertible senior notes due 2029 (the "new notes"), at an issue price of 105.597% of the principal amount thereof, in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities
Reopening of existing 2029 convertible notes provides NOG with incremental strategic flexibility A portion of the proceeds will be used to repurchase stock and purchase a hedge overlay intended to offset share dilution until the stock is above $50.87 Northern Oil and Gas, Inc. (NYSE:NOG) (the "Company" or "NOG") today announced its intention to offer, subject to market and other conditions, $150.0 million aggregate principal amount of additional 3.625% convertible senior notes due 2029 (the "new notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The new notes will be issued under t
8-K - NORTHERN OIL & GAS, INC. (0001104485) (Filer)
8-K - NORTHERN OIL & GAS, INC. (0001104485) (Filer)
8-K - NORTHERN OIL & GAS, INC. (0001104485) (Filer)
CapitalOne downgraded Northern Oil & Gas from Overweight to Equal Weight
Mizuho downgraded Northern Oil & Gas from Outperform to Neutral and set a new price target of $47.00
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