Northern Oil and Gas is an energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties, primarily in the Williston Basin, the Appalachian Basin and the Permian Basin. Co. primarily engage in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include Co.'s acreage. In addition, Co. acquires wellbore-only working interests in wells in which Co. does not hold the leasehold interests from third parties unable or unwilling to participate in particular well proposals. The NOG stock yearly return is shown above.
The yearly return on the NOG stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the NOG annual return calculation with any dividends reinvested as applicable (on ex-dates).
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