NOG - M&A Summary and Business Overview

Oil/gas ExplorationCompany

NOG M&A Summary

NOG has acquired 7 companies, including 5 in the last 5 years. A total of 2 acquisitions came from private equity firms.

NOG’s largest acquisition to date was in 2021, when it acquired Veritas Energy - Permian Basin Assets for $419M. NOG has acquired in 4 different US states. The Company’s most targeted sectors include oil/gas exploration (100%).

NOG Business Overview

Where is NOG headquartered?

NOG is headquartered in Minnetonka, Minnesota.

What is NOG’s revenue?

NOG disclosed revenue of 1,907M USD for 2023 and 1,986M USD for 2022.

How many employees does NOG have?

NOG has 38 employees.

What sector is NOG in?

NOG is an oil/gas exploration company.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity7
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 9
  • M&A Advisors 4

NOG

Northern Oil and Gas, Inc.

4350 Baker Road, Suite 400,
Minnetonka, Minnesota 55343
United States,
(952) 476-9800
www.northernoil.com

NOG is an exploration and production company with a core area of focus in the Williston Basin Bakken and Three Forks play in North Dakota and Montana. NOG is based in Minnetonka, Minnesota.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 3 - 1 1 1 1 7
vol $68M $419M $488M
Sell (0.0/yr) # - - - - - - 0
  7

Most Recent M&A

Company Date Value Type
Point Energy Partners - Delaware Basin Assets 2024-07-28 - Stake Purchase
, United States
Novo Oil & Gas - Northern Delaware Basin Permian Assets 2023-06-15 - Stake Purchase
Eddy County, Texas
Veritas Permian II LLC 2022-01-01 - Add-on Acquisition
Westworth Village, Texas
Veritas Energy - Permian Basin Assets 2021-11-16 419M USD Divestiture
Westworth Village, Texas
Flywheel Bakken LLC - Williston Basin Properties 2019-04-22 - Divestiture
Oklahoma City, Oklahoma
W Energy Partners 2018-07-31 - Add-on Acquisition
Dallas, Texas
Pivotal Petroleum Partners LP - North Dakota Business 2018-07-18 68M USD Divestiture
, North Dakota
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 7 (100%) 488M (100%) - -
Total 7 $488M - -

By Geo

State/Country Buy Value Sell Value
United States 7 488M - -
  Texas 4 419M - -
  Oklahoma 1 - - -
  North Dakota 1 68M - -
Total 7 $488M - -

Top M&A Advisors

Financial Deals
Truist Securities
 1
Morgan Stanley
 1
BofA Securities
 1
Legal Deals
Kirkland & Ellis
 3

Deal Values

buy # Total
$100M to $1B 1 $419M
< $100M 1 $68M
TOTAL $488M
Largest Veritas Energy - Permian Basin Assets
$419M (2021-11-16)

M&A Connections

Deals
Acquired from
Investor(s)
29%
2 (29%)
Strategic(s)
71%
5 (71%)

Company Summary

SECTOR

Oil/Gas Exploration

Revenue

1,907   4% 2023
1,986   104% 2022
975   201% 2021
324   47% 2020
601   22% 2019
494   121% 2018
224   40% 2017
160   2016
(millions of USD) Show More Show Less

Employees

38

Public

NYSE: NOG

 Subscribe to unlock this and 209,130
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 202K M&A Transactions
  • 205K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for NOG

Minnesota Companies , Oil/Gas Exploration Companies , United States Companies , Minnesota Oil/Gas Exploration Companies , Minnesota Oil/Gas Exploration with Acquisitions , Minnesota Oil/Gas Exploration with Divestitures

Related Lists for Minnesota Companies

Largest Minnesota Companies , Acquisitive Minnesota Companies , Recently Acquired Minnesota Companies , Recently Sold Minnesota Companies , Private Minnesota Companies , Public Minnesota Companies , Acquired Minnesota Companies , PE Backed Minnesota Companies

Related Lists for Oil/Gas Exploration Companies

Largest Oil/Gas Exploration Companies , Acquisitive Oil/Gas Exploration Companies , Recently Acquired Oil/Gas Exploration Companies , Recently Sold Oil/Gas Exploration Companies , Private Oil/Gas Exploration Companies , Public Oil/Gas Exploration Companies , Acquired Oil/Gas Exploration Companies , PE Backed Oil/Gas Exploration Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal