Northern Oil and Gas Inc.
Description
Declared cash dividend 20% increase from prior quarter on common stock for $0.30 per share, payable to stockholders on Jan. 31, 2023. Repurchased 1.37 million shares of common stock and 1.81 million in total year-to-date. Stock price in the third quarter averaged $28.34 per share, and year-to-date price averaged $28.42 per share, totaling $51.5 million. Company still has $98.5 million remaining available on existing common stock repurchase authorization.