financetom
Business
financetom
/
Business
/
Northern Oil & Gas Approves $150 Million Share Buyback Authorization, Plans 5% Increase to Quarterly Dividend
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Northern Oil & Gas Approves $150 Million Share Buyback Authorization, Plans 5% Increase to Quarterly Dividend
Jul 29, 2024 5:29 AM

08:14 AM EDT, 07/29/2024 (MT Newswires) -- Northern Oil & Gas (NOG) said Monday that its board has approved a new $150 million share buyback authorization, replacing its previous authorization that had been significantly depleted.

The company said its management expects to submit a request to the board for a 5%, or $0.02, mid-year raise in the quarterly common dividend to $0.42 per share for Q3.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Rock Tech Lithium Gets $1.4 Million in Federal Funding to Upgrade Road for Georgia Lake Project in Ontario
Rock Tech Lithium Gets $1.4 Million in Federal Funding to Upgrade Road for Georgia Lake Project in Ontario
Oct 10, 2024
08:15 AM EDT, 10/09/2024 (MT Newswires) -- Rock Tech Lithium ( RCKTF ) said Wednesday that it secured up to $1.4 million in federal funding to upgrade and extend a 10-kilometer access road north of Nipigon, Ontario. The company said the road will facilitate the transportation of lithium from its Georgia Lake project to the proposed lithium converter facility in...
--MoffettNathanson Adjusts T-Mobile US' PT to $210 From $200, Keeps Neutral Rating
--MoffettNathanson Adjusts T-Mobile US' PT to $210 From $200, Keeps Neutral Rating
Oct 10, 2024
08:15 AM EDT, 10/09/2024 (MT Newswires) -- Price: 211.50, Change: +0.33, Percent Change: +0.16 ...
BMO Comments on Energy Impact on Canada's International Merchandise Trade Deficit
BMO Comments on Energy Impact on Canada's International Merchandise Trade Deficit
Oct 10, 2024
08:43 AM EDT, 10/09/2024 (MT Newswires) -- Canada's merchandise trade deficit widened in August, marking the sixth straight month in the red after revisions wiped away the July surplus, said Bank of Montreal (BMO). Unsurprisingly, the deterioration was driven by lower energy shipments -- which make up the largest share of total exports, noted the bank. That comes alongside a...
Puma Exploration Appoints Martin Nicoletti as CFO
Puma Exploration Appoints Martin Nicoletti as CFO
Oct 10, 2024
08:15 AM EDT, 10/09/2024 (MT Newswires) -- Puma Exploration ( PUMXF ) appointed Martin Nicoletti as chief financial officer, effective immediately. Nicoletti, a certified public accountant and president of Montreal-based SKTM Financial, is currently the CFO of several listed mining and mineral exploration companies. He succeeds Ginette Brisson who retired. The company also said it hired SKTM Financial to provide...
Copyright 2023-2026 - www.financetom.com All Rights Reserved