Northern Oil & Gas cuts Utica acquisition stake to 40% for $480 million

Reuters

Feb 20

Northern Oil & Gas cuts Utica acquisition stake to 40% for $480 million

Northern Oil and Gas and Infinity Natural Resources revised the ownership split for their pending joint acquisition of Antero’s Ohio Utica upstream and midstream assets. Northern Oil and Gas will now buy a 40% undivided interest for $480 million, down from $588 million, while Infinity will acquire 60% on the same pro rata economic terms; other governance terms are unchanged and closing is still expected by the end of the first quarter of 2026.

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: 202602191615BIZWIRE_USPR_____20260219_BW902236) on February 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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