Northern Oil & Gas Inc. Expands Natural Gas Hedging Through 2029 and Maintains Oil Hedge Levels to Protect Future Production and Capital Program

Reuters
2025.12.17 12:01
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Northern Oil & Gas Inc. has expanded its natural gas hedging through 2029 and maintained oil hedge levels to protect future production and its capital program. The company increased natural gas hedges for 2026 and 2027, covering 60% and 30% of projected Q3 2025 annualized production, respectively. Additional hedges were established for 2028 and 2029. Over 35,400 barrels per day of oil are hedged with swap and collar structures. These measures aim to provide price certainty for future production.