Investor Presentation June 2023
A Track Record of Dividend Growth
NOG has consistently exceeded and accelerated its dividend growth
Dividend Per Common Share
$0.40
$0.35
$0.30
$0.25
$0.20
$0.15
ACTUAL DIVIDENDS COMPARED WITH INITIAL 2021 DIVIDEND PLAN RECOMMENDATIONS
$0.10
$0.08
$0.06
$0.05
$0.05
$0.03
$0.19
$0.18
$0.15
$0.14
$0.12
$0.371
$0.34
$0.30
$0.27
$0.25
$0.24
$0.21
$0.00
Q2 21
Q3 21
Q4 21
Q1 22
Q2 22
Q3 22
Q4 22
Q1 23
Q2 23
Original Plan
■ Actual
Dividend Plan Milestones:
•
Nine Straight Quarters of Dividend Growth
.
•
Over $140 million will have been returned by Q2-23 to shareholders since plan was instituted
Dividends have exceeded initial plan by 30%
•
Future shareholder return and dividend plans to be presented for approval in late Q2-23/early Q3-23
Investor Presentation June 2023 | 17 NOG
1) Q2-23 dividend declared May 1, 2023; payable on July 31, 2023 to shareholders of record June 29, 2023.View entire presentation