Q2 Earnings Forecast for NOG Issued By Capital One Financial

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Investment analysts at Capital One Financial dropped their Q2 2025 earnings per share (EPS) estimates for shares of Northern Oil and Gas in a research note issued to investors on Thursday, May 1st. Capital One Financial analyst P. Johnston now expects that the company will post earnings per share of $1.22 for the quarter, down from their prior estimate of $1.29. Capital One Financial currently has a "Equal Weight" rating on the stock. The consensus estimate for Northern Oil and Gas' current full-year earnings is $5.18 per share. Capital One Financial also issued estimates for Northern Oil and Gas' Q3 2025 earnings at $1.21 EPS and Q4 2025 earnings at $1.26 EPS.

Northern Oil and Gas (NYSE:NOG - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.12 by $0.21. Northern Oil and Gas had a net margin of 23.38% and a return on equity of 24.41%. The firm had revenue of $602.10 million for the quarter, compared to analyst estimates of $568.87 million. During the same period in the prior year, the business posted $1.28 EPS. The business's revenue for the quarter was up 51.9% compared to the same quarter last year.

A number of other equities research analysts have also issued reports on the stock. Piper Sandler reduced their target price on shares of Northern Oil and Gas from $37.00 to $35.00 and set a "neutral" rating on the stock in a report on Wednesday, January 29th. Morgan Stanley reduced their price target on Northern Oil and Gas from $43.00 to $38.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 27th. Citigroup lowered their price objective on Northern Oil and Gas from $55.00 to $45.00 and set a "buy" rating for the company in a research report on Tuesday, February 25th. Royal Bank of Canada reduced their target price on shares of Northern Oil and Gas from $40.00 to $34.00 and set a "sector perform" rating on the stock in a report on Monday, April 14th. Finally, Truist Financial boosted their price target on shares of Northern Oil and Gas from $52.00 to $55.00 and gave the stock a "buy" rating in a report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, Northern Oil and Gas presently has an average rating of "Hold" and an average target price of $43.50.

Northern Oil and Gas Trading Up 0.9 %

NYSE:NOG traded up $0.21 during trading hours on Monday, reaching $24.51. 1,521,526 shares of the stock were exchanged, compared to its average volume of 1,505,854. Northern Oil and Gas has a twelve month low of $19.88 and a twelve month high of $44.31. The business has a 50-day moving average of $26.58 and a two-hundred day moving average of $34.32. The company has a market capitalization of $2.42 billion, a price-to-earnings ratio of 4.77 and a beta of 1.47. The company has a quick ratio of 1.23, a current ratio of 0.92 and a debt-to-equity ratio of 1.02.

Northern Oil and Gas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Friday, June 27th will be issued a $0.45 dividend. The ex-dividend date is Friday, June 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.34%. Northern Oil and Gas's payout ratio is 28.04%.

Northern Oil and Gas announced that its board has initiated a stock buyback program on Tuesday, March 11th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 3.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Insider Activity at Northern Oil and Gas

In related news, CEO Nicholas L. O'grady acquired 1,000 shares of the firm's stock in a transaction on Friday, March 7th. The stock was bought at an average cost of $27.48 per share, with a total value of $27,480.00. Following the transaction, the chief executive officer now owns 226,189 shares of the company's stock, valued at $6,215,673.72. The trade was a 0.44 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Bahram Akradi bought 40,000 shares of the company's stock in a transaction dated Tuesday, March 4th. The stock was bought at an average cost of $28.03 per share, for a total transaction of $1,121,200.00. Following the acquisition, the director now owns 1,662,016 shares of the company's stock, valued at approximately $46,586,308.48. This trade represents a 2.47 % increase in their position. The disclosure for this purchase can be found here. 2.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Northern Oil and Gas

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers grew its stake in Northern Oil and Gas by 12.6% in the 1st quarter. Cetera Investment Advisers now owns 15,484 shares of the company's stock valued at $468,000 after acquiring an additional 1,735 shares during the last quarter. Denali Advisors LLC increased its stake in shares of Northern Oil and Gas by 120.8% during the 1st quarter. Denali Advisors LLC now owns 161,360 shares of the company's stock worth $4,878,000 after purchasing an additional 88,273 shares in the last quarter. Easterly Investment Partners LLC raised its position in shares of Northern Oil and Gas by 1.1% during the 1st quarter. Easterly Investment Partners LLC now owns 81,406 shares of the company's stock worth $2,461,000 after purchasing an additional 900 shares during the last quarter. Tributary Capital Management LLC lifted its stake in Northern Oil and Gas by 5.2% in the 1st quarter. Tributary Capital Management LLC now owns 618,998 shares of the company's stock valued at $18,712,000 after buying an additional 30,511 shares in the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new stake in Northern Oil and Gas during the 1st quarter valued at $2,796,000. Institutional investors and hedge funds own 98.80% of the company's stock.

Northern Oil and Gas Company Profile

Northern Oil and Gas, Inc, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. It primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States.