Northern Oil and Gas Inc. (NOG) is rising on the charts today, up 5.99% to trade at $24.93 at last check. Shares in Northern Oil and Gas (NOG) closed the last trading day at $23.52. The volume of NOG shares traded was 1.69 million, which is higher than the average volume over the last three months of 1.08 million. During the trading session, the NOG stock oscillated between $22.68 and $24.12.
Northern Oil and Gas (NOG) had an earnings per share ratio of -6.36. NOG stock has gained 4.77% of its value in the previous five sessions and moved 17.19% over the past one month, but has gained 14.29% on year-to-date basis. The stock’s 50-day moving average of $21.18 is above the 200-day moving average of $19.52. Moreover, the stock is currently trading at RSI of 64.87. NOG stock is up trending after a cash dividend was announced today.
How much dividend NOG has announced?
Northern Oil and Gas (NOG) is an organization with an essential system of putting resources into non-worked minority working and mineral interests in oil and gas properties, with a center area of concentration in the head bowls inside the United States.
Northern Oil and Gas (NOG) today reported that its Board of Directors has pronounced a cash dividend on the Company’s normal stock. NOG’s profit of $0.14 per share, addresses a 75% increment from the earlier quarterly profit. The profit is payable on April 29, 2022, to NOG investors of record as of the end of business on March 30, 2022. Northern Oil and Gas (NOG) furthermore is giving a year-end 2021 accounting report update.
Features
- Cash profit pronounced of $0.14 per portion of normal stock which was over administration’s past arrangement of $0.12 per share.
- NOG gauges December, long term end surpluses of $9.5 million of money available and $55 million exceptional on its Revolving Credit Facility, preceding the end of the Veritas procurement in January 2022.
- Accounting report things are comprehensive of a $40.7 million store paid in November 2021 after marking of the Veritas obtaining.
A procurement move:
An expanded profit is an element of proceeded with solid free income, the accomplishment of monetary record focuses early, and the solid standpoint for business as Northern Oil and Gas (NOG) start 2022. NOG yesterday came shutting its recently declared securing of non-worked Permian Basin resources from Veritas Energy.
