NOG Raises 2023 Total Budgeted Capital Expenditures Guidance From $737M-$778M To $764M-$800M
Portfolio Pulse from Benzinga Newsdesk
Northern Oil and Gas (NOG) has increased its total budgeted capital expenditures guidance for 2023 from $737M-$778M to $764M-$800M.
July 25, 2023 | 8:24 pm
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Northern Oil and Gas (NOG) has raised its 2023 capital expenditures guidance, indicating potential growth and investment in the company's operations.
The increase in capital expenditure guidance suggests that NOG is planning for increased investment in its operations, which could lead to growth and potentially a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100