NOG
Market read
No new filing conclusion is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
Invalidation: The isolated read changes if NOG's group or a disclosed connection begins moving with it.
Research brief
No new filing conclusion is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“The recorded value of the Revolving Credit Facility approximates its fair value because of its floating rate structure based on the SOFR spread, secured interest, and the Company’s borrowing base utilization.”10-Q · Aug 7, 2026 ↗
“Loss on Foreign Currency Translations Foreign currency transaction losses were $4.7 million in the first six months of 2026, primarily driven by the remeasurement of certain monetary assets and liabilities denominated in CAD, pursuant to the Company’s recent…”10-Q · Aug 7, 2026 ↗
“As a result of its ceiling tests, the Company recorded a non-cash impairment charge of approximately $ 268.3 million in the six months ended June 30, 2026 for the United States full cost pool.”10-Q · Aug 7, 2026 ↗
“Depletion expense, the largest component of DD&A, decreased by $21.7 million in the first six months of 2026 compared to the first six months of 2025, primarily due to a lower depletable property cost basis following certain non-cash ceiling test impairment c…”10-Q · Aug 7, 2026 ↗
Valuation discipline
Price/sales 1.1× · EV/sales 2.0×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 12:50 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for NOG. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
Jodie has not yet found a suitable current-versus-prior filing comparison for NOG. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“Utica Acquisition Subsequent to December 31, 2025, in February 2026, the Company completed its acquisition of certain upstream and midstream assets in the state of Ohio from Antero Resources Corporation and certain affiliated entities (collectively, “Antero”)…”
“At closing, the Company acquired a 40 % undivided working interest in the assets sold by Antero, with Infinity Natural Resources, LLC, an unaffiliated third party, acquiring the other 60 % and becoming the operator of the acquired assets.”
“At closing, the Company acquired a 20 % undivided working interest in the assets sold by XCL, with SM Energy Company, an unaffiliated third party, acquiring the other 80 % and becoming the operator of the acquired assets.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
NOG is currently a Follower in the organic co-movement group Oil & Gas Producers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
No durable theme membership has been observed for this name yet.