NOG Jan 2025 23.000 call
- Bloomberg
SM, Northern Oil Partner in $2.6 Billion Utah Shale Oil Deal
(Bloomberg) -- SM Energy Co. and Northern Oil and Gas Inc., two US shale drillers, agreed to acquire assets in Utah’s Uinta Basin for about $2.6 billion in cash, the latest in a string of oil and gas acquisitions as operators look to scale up.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bo
- PR Newswire
SM ENERGY ANNOUNCES HIGHLY ACCRETIVE $2.0 BILLION UINTA BASIN ACQUISITION, 11% INCREASE TO FIXED DIVIDEND AND RELOADED $500 MILLION SHARE REPURCHASE PROGRAM
SM Energy Company (the "Company" or "SM Energy") (NYSE: SM) today announces that it has entered into an agreement to acquire the Uinta Basin oil and gas assets owned by certain entities affiliated with XCL Resources, LLC ("XCL"), a private company backed by EnCap Investments L.P. ("EnCap") and Rice Investment Group ("Rice"), for an unadjusted purchase price of $2.55 billion. Concurrently, Northern Oil and Gas, Inc. (NYSE: NOG) ("Northern") will acquire an undivided twenty percent (20%) of the oi
- Business Wire
NOG Announces Joint Acquisition with SM Energy; Entering the Uinta Basin with the Largest Transaction in Company History; Highly Accretive to Key Financial Metrics
MINNEAPOLIS, June 27, 2024--NOG Announces Joint Acquisition with SM Energy; Entering Uinta Basin with Largest Transaction in NOG History;Highly Accretive to Key Financial Metrics
