DividendsThe quarterly base dividend was raised by approximately 7% to $0.45 per share, offering an above-average yield of about 5%.
Merger And AcquisitionNOG is preparing a sweeter offer for the new year, suggesting potential for a successful acquisition of Granite Ridge.
Natural Gas ProductionNOG continues to benefit from its natural gas position with production coming in between 315 – 319 mmcfd, above consensus of 300 mmcfd.