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Market Chatter: Northern Oil and Gas Bids for Granite Ridge Resources
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Market Chatter: Northern Oil and Gas Bids for Granite Ridge Resources
Dec 20, 2024 11:14 AM

01:53 PM EST, 12/20/2024 (MT Newswires) -- Northern Oil and Gas ( NOG ) has made at least two acquisition offers for Granite Ridge Resources ( GRNT ) , Reuters reported Friday, citing people familiar with the matter.

Granite declined comment. and Northern did not respond to a request for comment, Reuters said.

Northern Oil shares fell 2% in recent Friday trading, and Granite jumped 8.6%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 35.30, Change: -0.72, Percent Change: -2.00

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