Northern Oil & Gas Inc. Expands Hedging Program and Increases Capital Deployment for Acquisition and Development to Add Wells and Acreage Across Multiple Basins Through 2026

Reuters
02/11
Northern Oil & Gas Inc. Expands Hedging Program and Increases Capital Deployment for Acquisition and Development to Add Wells and Acreage Across Multiple Basins Through 2026

Northern Oil & Gas Inc. announced plans to continue its strategy of protecting its capital program by periodically entering into financial derivative instruments to lock in future commodity prices on a portion of its expected production. The company has expanded its hedging portfolio, with an average of over 45,000 barrels per day of oil and more than 285 MMBtu per day of natural gas hedged for the first half of 2026, and similar volumes hedged for the full year. Additionally, Northern Oil & Gas indicated ongoing investment in acquisition and development capital, with the deployment of approximately $173.5 million across 84 ground game transactions in 2025, resulting in the addition of 12.8 net wells and over 12,000 net acres, and the creation of over 65 net incremental locations across all active basins.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Oil & Gas Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260210870596) on February 10, 2026, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10