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 5.08 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 $8.09M. The average tenure of the management team and the board of directors is 5.1 years and 7.1 years respectively.
Key information
Nick O'Grady
Chief executive officer
US$10.2m
Total compensation
| CEO salary percentage | 8.3% |
| CEO tenure | 5.1yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.1yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
Here's Why We Think Northern Oil and Gas (NYSE:NOG) Might Deserve Your Attention Today
Jan 07
Northern Oil And Gas Returns To Appalachian Investment In 2025
Dec 23There's No Escaping Northern Oil and Gas, Inc.'s (NYSE:NOG) Muted Earnings
Dec 17We Think Northern Oil and Gas (NYSE:NOG) Is Taking Some Risk With Its Debt
Nov 06Northern Oil And Gas: Acquisitions Boost Oil Production By More Than 15%
Oct 04Northern Oil and Gas' (NYSE:NOG) Dividend Will Be Increased To $0.42
Sep 20Northern Oil and Gas: Stronger Positioning, But Commodity Prices Could Drag
Sep 12Northern Oil and Gas' (NYSE:NOG) Upcoming Dividend Will Be Larger Than Last Year's
Aug 27Northern Oil and Gas' (NYSE:NOG) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 10Is Northern Oil and Gas (NYSE:NOG) A Risky Investment?
Jul 16Is Northern Oil and Gas, Inc. (NYSE:NOG) Trading At A 47% Discount?
Jun 16Northern Oil and Gas Now Appears To Be Near Fair Valuation (Rating Downgrade)
May 22Earnings Troubles May Signal Larger Issues for Northern Oil and Gas (NYSE:NOG) Shareholders
May 07Why Investors Shouldn't Be Surprised By Northern Oil and Gas, Inc.'s (NYSE:NOG) Low P/E
Mar 30These 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 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$837m |
| Jun 30 2024 | n/a | n/a | US$565m |
| 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 ($USD6.61M).
Compensation vs Earnings: Nick's compensation has increased by more than 20% in the past year.
CEO
Nick O'Grady (45 yo)
5.1yrs
Tenure
US$10,248,698
Compensation
Mr. Nicholas L. O'Grady, also known as Nick, serves as a Director of Northern Oil and Gas, Inc. since December 18, 2024. Mr. O'Grady has been the Chief Executive Officer at Northern Oil and Gas, Inc. since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.1yrs | US$10.25m | 0.23% $ 8.1m | |
| President | 3.2yrs | US$5.49m | 0.11% $ 4.1m | |
| Chief Financial Officer | 5.1yrs | US$4.03m | 0.076% $ 2.7m | |
| Chief Technical Officer | 1.8yrs | US$3.66m | 0.073% $ 2.6m | |
| Chief Legal Officer & Secretary | 13.3yrs | US$3.34m | 0.097% $ 3.5m | |
| Founder & Chairman Emeritus | 19.1yrs | US$2.41m | no data | |
| Vice President of Investor Relations | no data | no data | no data |
5.1yrs
Average Tenure
45yo
Average Age
Experienced Management: NOG's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$10.25m | 0.23% $ 8.1m | |
| Founder & Chairman Emeritus | 8.1yrs | US$2.41m | no data | |
| Independent Director | 4.9yrs | US$347.50k | 0.34% $ 12.2m | |
| Independent Chairperson of the Board of Directors | 7.6yrs | US$720.00k | 1.63% $ 58.7m | |
| Independent Director | 6.7yrs | US$265.00k | 0.054% $ 1.9m | |
| Independent Director | 17.4yrs | US$247.50k | 0.051% $ 1.8m | |
| Independent Director | 17.8yrs | US$240.00k | 0.066% $ 2.4m | |
| Independent Director | 3.2yrs | US$337.50k | 0.016% $ 578.3k | |
| Independent Director | 2.6yrs | US$260.00k | 0.011% $ 396.9k | |
| Independent Director | 8.5yrs | US$320.00k | 0.057% $ 2.0m |
7.1yrs
Average Tenure
57yo
Average Age
Experienced Board: NOG's board of directors are considered experienced (7.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 23:15 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Northern Oil and Gas, Inc. is covered by 36 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel McSpirit | BMO Capital Markets Equity Research |
| Phillip Jungwirth | BMO Capital Markets Equity Research |
| Daniel McSpirit | BMO Capital Markets U.S. (Historical) |