Northern Oil And Gas Announces Convertible Notes Offering

Northern Oil And Gas ( (NOG) ) just unveiled an update.

On June 12, 2025, Northern Oil and Gas, Inc. announced the pricing of its upsized offering of $175 million in 3.625% convertible senior notes due 2029, providing the company with strategic financial flexibility. The proceeds will be used for stock repurchase and hedge overlay to mitigate share dilution, with implications for the company’s financial strategy and market positioning.

The most recent analyst rating on (NOG) stock is a Buy with a $47.50 price target. To see the full list of analyst forecasts on Northern Oil And Gas stock, see the NOG Stock Forecast page.

Spark’s Take on NOG Stock

According to Spark, TipRanks’ AI Analyst, NOG is a Outperform.

Northern Oil And Gas presents a compelling investment profile with strong financial performance, attractive valuation, and positive technical indicators. The strategic approach in corporate events and adaptability in earnings calls further bolsters its position, despite market volatility risks.

To see Spark’s full report on NOG stock, click here.

More about Northern Oil And Gas

NOG is a real asset company focused on acquiring and investing in non-operated minority working and mineral interests in the premier hydrocarbon producing basins within the contiguous United States.

Average Trading Volume: 1,803,299

Technical Sentiment Signal: Hold

Current Market Cap: $3.07B

For an in-depth examination of NOG stock, go to TipRanks’ Overview page.