04:45 PM EDT, 03/11/2025 (MT Newswires) -- Northern Oil and Gas ( NOG ) late Tuesday said it was increasing its stock buyback authorization by $100 million, replenishing the total available for share repurchases to $200 million.

Before the increase, the company had $100 million remaining under its prior authorization announced last July.

The company said it repurchased 334,982 shares since Jan. 1 at an average of $29.86 per share, for a total of approximately $10 million.