Northern Oil and Gas Inc., founded in 2006 and based in Minnetonka, Minnesota, focuses on the acquisition and development of oil and natural gas properties in the United States. The company primarily engages in the exploration and production of hydrocarbons, with a portfolio of high-quality assets primarily located in the Bakken and Three Forks formations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NOG 7.88% 2033-10-15 USDNorthern Oil and Gas Inc. | United States | 2033-10-15 | 7.875 | 7.44 |
| NOG 7.88% 2033-10-15 USDNorthern Oil and Gas Inc. | United States | 2033-10-15 | 7.875 | 7.48 |
| NOG 8.13% - USDNorthern Oil and Gas Inc. | United States | — | 8.125 | 7.27 |
| NOG 8.13% 2028-03-01 USDNorthern Oil and Gas Inc. | United States | 2028-03-01 | 8.125 | 7.74 |
| NOG 8.13% 2028-03-01 USDNorthern Oil and Gas Inc. | United States | 2028-03-01 | 8.125 | 7.74 |
| NOG 8.75% 2031-06-15 USDNorthern Oil and Gas Inc. | United States | 2031-06-15 | 8.750 | 7.79 |
| NOG 8.75% 2031-06-15 USDNorthern Oil and Gas Inc. | United States | 2031-06-15 | 8.750 | 7.81 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inaugural bond issuance in 2010, Northern Oil and Gas has strategically utilized debt to finance acquisitions and operational expansion. A notable issuance occurred in 2021, when the company raised $350 million in senior unsecured notes offering a yield of 6.25%, which was well-received by the market amid favorable oil prices. Currently, the company's bonds offer competitive yields compared to industry averages, reflecting robust cash flow and growth potential, positioning them as an attractive investment in the energy sector.