Northern Oil and Gas, Inc. is a real asset company that focuses on acquiring and investing in non-operated minority working and mineral interests in the hydrocarbon producing basins within the contiguous U.S.. Its business is crude oil and natural gas exploration, development, and production with operations in the U.S.. Its 300,000-acre portfolio is distributed across the Williston, Permian and Appalachia Basins. Its portfolio comprises 300,000 acres of low-breakeven land with over 10,000 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. We show 12 historical shares outstanding datapoints in our coverage of NOG's shares outstanding history.
Understanding the changing numbers of NOG shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like NOG versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching NOG by allowing them to research NOG shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
