SCHEDULE 13G/A: BlackRock Discloses 14.1% Stake in Northern Oil and Gas Inc.
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, reporting a beneficial ownership of 14.1% of the common stock of Northern Oil and Gas Inc.
Summary
- BlackRock, Inc. beneficially owns 13,949,576 shares of Northern Oil and Gas Inc. common stock.
- This ownership represents 14.1% of the total outstanding common stock of Northern Oil and Gas Inc.
- BlackRock holds sole voting power over 13,719,500 shares and sole dispositive power over 13,949,576 shares.
- No shared voting or dispositive power is reported.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
- iShares Core S&P Small-Cap ETF, a BlackRock entity, holds more than 5% of the total outstanding common stock of Northern Oil and Gas Inc.
- BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., beneficially owns 5% or greater of the outstanding shares of the security class.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing neutral information without positive or negative performance indicators.
Future Outlook
NA
Management Comments
- BlackRock, Inc. certifies that, to the best of its knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Industry Context
NA
Stakeholder Impact
- Shareholders: Increased transparency regarding significant institutional ownership, potentially influencing market perception and liquidity.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which requires filing of this statement (reporting period end date). |
| 07/17/2025 | Date of filing and signature by BlackRock, Inc. |
Keywords
BlackRock, Northern Oil and Gas Inc., Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Investment Management, Oil and Gas
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