NOG Maintains Quarterly Dividend at $0.45 per Share — Northern Oil and Gas, Inc.

Event summary

Northern Oil and Gas (NYSE: NOG) declared a quarterly cash dividend of $0.45 per share, matching the prior quarter's payout.
The dividend is payable on October 30, 2026, to shareholders of record as of September 29, 2026.
NOG remains the largest publicly traded dedicated non-operator in the U.S., focusing on acquiring non-operated minority working interests.

The big picture

NOG’s consistent dividend reflects its strategy of generating durable cash flow from a diversified portfolio of non-operated assets. As the largest dedicated non-operator, its ability to sustain returns hinges on disciplined capital allocation and maintaining strong industry relationships in a competitive oil and gas landscape.

What we're watching

Dividend Sustainability: Whether NOG can maintain this dividend level amid volatile oil prices and production costs.
Capital Allocation Strategy: How NOG balances dividends with reinvestment in its diversified portfolio of non-operated assets.
Market Positioning: The pace at which NOG expands its scale and diversification across North America’s premier basins.