Northern Oil and Gas Management
Management criteria checks 2/4
Northern Oil and Gas' CEO is Nick O'Grady, appointed in Jan 2020, has a tenure of 4.33 years. total yearly compensation is $10.25M, comprised of 8.3% salary and 91.7% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $9.26M. The average tenure of the management team and the board of directors is 4.3 years and 6.8 years respectively.
Key information
Nick O'Grady
Chief executive officer
US$10.2m
Total compensation
| CEO salary percentage | 8.3% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.3yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
Why Investors Shouldn't Be Surprised By Northern Oil and Gas, Inc.'s (NYSE:NOG) Low P/E
Mar 30
These 4 Measures Indicate That Northern Oil and Gas (NYSE:NOG) Is Using Debt Reasonably Well
Mar 11Northern Oil And Gas: Expecting Close To $500 Million In 2024 Free Cash Flow
Feb 24Northern Oil And Gas: Bigger Yield, EPS Growth In '24, Monitoring The Chart
Jan 19Northern Oil and Gas (NYSE:NOG) Has Announced That It Will Be Increasing Its Dividend To $0.40
Dec 13Northern Oil and Gas (NYSE:NOG) Is Increasing Its Dividend To $0.40
Nov 23Northern Oil And Gas: Net Debt Should Be Reduced To $1.6 Billion By End Of 2023 (Rating Upgrade)
Nov 04Northern Oil and Gas (NYSE:NOG) Will Pay A Larger Dividend Than Last Year At $0.40
Nov 03Northern Oil and Gas, Inc. (NYSE:NOG) Shares Could Be 42% Below Their Intrinsic Value Estimate
Oct 03Northern Oil and Gas (NYSE:NOG) Will Pay A Larger Dividend Than Last Year At $0.38
Sep 12Northern Oil and Gas: Production May Exceed 110,000 BOEPD In Q4 2023
Aug 31Northern Oil and Gas (NYSE:NOG) Is Increasing Its Dividend To $0.38
Aug 28Northern Oil and Gas: A Buy Until The Music Stops, Again
Aug 24Here's Why We Think Northern Oil and Gas (NYSE:NOG) Is Well Worth Watching
Aug 04A Look At The Fair Value Of Northern Oil and Gas, Inc. (NYSE:NOG)
Jul 04Northern Oil and Gas: Big Company Revenue, Small Company Flexibility
Jun 15A Look At The Fair Value Of Northern Oil and Gas, Inc. (NYSE:NOG)
Apr 05Northern Oil & Gas Q4 2022 Earnings Preview
Feb 22Northern Oil & Gas raises dividend by 13.3%
Feb 06Northern Oil and Gas: Mascot Project Adds To 2024 Free Cash Flow
Jan 26Is Northern Oil and Gas (NYSE:NOG) Using Too Much Debt?
Jan 02Northern Oil & Gas Non-GAAP EPS of $1.80 beats by $0.05, revenue of $791.64M beats by $374.37M
Nov 08An Intrinsic Calculation For Northern Oil and Gas, Inc. (NYSE:NOG) Suggests It's 49% Undervalued
Oct 19NOG prices upsized $435M private debt offering
Oct 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$594m |
| Dec 31 2023 | US$10m | US$850k | US$923m |
| Sep 30 2023 | n/a | n/a | US$667m |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$3m | US$750k | US$728m |
| Sep 30 2022 | n/a | n/a | US$766m |
| Jun 30 2022 | n/a | n/a | US$194m |
| Mar 31 2022 | n/a | n/a | -US$139m |
| Dec 31 2021 | US$3m | US$515k | -US$8m |
| Sep 30 2021 | n/a | n/a | -US$326m |
| Jun 30 2021 | n/a | n/a | -US$571m |
| Mar 31 2021 | n/a | n/a | -US$1b |
| Dec 31 2020 | US$1m | US$500k | -US$921m |
| Sep 30 2020 | n/a | n/a | -US$884m |
| Jun 30 2020 | n/a | n/a | -US$553m |
| Mar 31 2020 | n/a | n/a | US$394m |
| Dec 31 2019 | US$2m | US$383k | -US$77m |
| Sep 30 2019 | n/a | n/a | US$250m |
| Jun 30 2019 | n/a | n/a | US$175m |
| Mar 31 2019 | n/a | n/a | US$34m |
| Dec 31 2018 | US$1m | US$158k | US$144m |
Compensation vs Market: Nick's total compensation ($USD10.25M) is above average for companies of similar size in the US market ($USD6.67M).
Compensation vs Earnings: Nick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Nick O'Grady (44 yo)
4.3yrs
Tenure
US$10,248,698
Compensation
Mr. Nicholas L. O'Grady, also known as Nick, has been the Chief Executive Officer at Northern Oil and Gas, Inc. since January 1, 2020. Mr. O'Grady served as President at Northern Oil and Gas, Inc. since Se...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.3yrs | US$10.25m | 0.23% $ 9.3m | |
| President | 2.4yrs | US$5.49m | 0.13% $ 5.3m | |
| Chief Financial Officer | 4.3yrs | US$4.03m | 0.081% $ 3.3m | |
| Chief Technical Officer | 1.1yrs | US$3.66m | 0.073% $ 3.0m | |
| Chief Legal Officer & Secretary | 12.6yrs | US$3.34m | 0.10% $ 4.3m | |
| Vice President of Investor Relations | no data | no data | no data |
4.3yrs
Average Tenure
42.5yo
Average Age
Experienced Management: NOG's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 4.2yrs | US$347.50k | 0.33% $ 13.6m | |
| Independent Chairperson of the Board of Directors | 6.8yrs | US$720.00k | 1.59% $ 65.4m | |
| Independent Director | 5.9yrs | US$265.00k | 0.049% $ 2.0m | |
| Independent Director | 16.7yrs | US$247.50k | 0.047% $ 1.9m | |
| Founder & Chairman Emeritus | 7.3yrs | US$2.41m | no data | |
| Independent Director | 17yrs | US$240.00k | 0.061% $ 2.5m | |
| Independent Director | 2.4yrs | US$337.50k | 0.012% $ 503.0k | |
| Independent Director | 1.8yrs | US$260.00k | 0.0073% $ 299.5k | |
| Independent Director | 7.8yrs | US$320.00k | 0.052% $ 2.1m |
6.8yrs
Average Tenure
62yo
Average Age
Experienced Board: NOG's board of directors are considered experienced (6.8 years average tenure).