NYSE American: NOG BASE DIVIDEND GROWTH PLAN December 15, 2021 NYSE American: NOG
NOGS DIFFERENTIATED APPROACH TO SHAREHOLDER RETURNS NYSE American: NOG NOG Provides a Strong and GROWING Dividend Base Dividend Growth Plan (20% Avg Growth per Quarter) Through 2023 Takes Yield to 6.5%(1) Achieved with a…
NOG'S BASE DIVIDEND GROWTH PLAN NYSE American: NOG Assumptions: Based on 50 WTI oil and 3.00 NYMEX Henry Hub Gas through 2023 (Base Commodity Pricing, or BCP) Reasonable downside case for oil and natural gas prices Assumed no…
NOGS BASE DIVIDEND GROWTH PLAN NYSE American: NOG Superior Investment Proposition: The S&P 500 Has a Current Dividend Yield of 1.2% with a 3-Year Trailing Annual Dividend Growth Rate of 4.1%(1) NOG plans, assuming Base Commodity Pricing…
VISUALIZATION OF STRUCTURE SIGNIFICANT UPSIDE REMAINS NYSE American: NOG Structure Provides Strong Cash Returns with Upside Growth Potential WTI Oil Price (/Bbl) 100 Accelerate Increases to Base Dividend 90 Accelerate Reduction of…
NOG SHOULD TRADE AT A PREMIUM NYSE American: NOG Non-Op Discount Should Be and Will Become a Working Interest Premium Operator in Shale 3.0: Dividend payout in no-growth era dictated by commodity price swings in a special payout…