• Northern Oil & Gas lifted FY 2026 production guidance to 143,000-148,000 boe/d on a 2-stream basis; oil outlook raised to 71,500-73,500 bbl/d.
• Net wells turned-in-line forecast increased to 74-76; total budgeted capital expenditures kept at USD 850-900 million.
• LOE guidance narrowed to USD 9.70-9.90 per boe; production taxes seen at 7.5%-8% of oil and gas sales.
• Oil differential to NYMEX WTI tightened to USD (5.25)-(5.60) per bbl; gas realization trimmed to 70%-72.5% of Henry Hub.
• Update assumes a late 2Q close for a Duvernay deal; NOG expects USD 40-45 million capex in 2026 post-close, USD 45-50 million in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Oil & Gas Inc. published the original content used to generate this news brief on May 26, 2026, and is solely responsible for the information contained therein.