Capital One Financial Has Weak Forecast for NOG Q2 Earnings

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Research analysts at Capital One Financial lowered their Q2 2025 earnings per share estimates for shares of Northern Oil and Gas in a note issued to investors on Thursday, May 1st. Capital One Financial analyst P. Johnston now expects that the company will earn $1.22 per share for the quarter, down from their previous 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 released its quarterly earnings results on Tuesday, April 29th. The company reported $1.33 earnings per share for the quarter, beating analysts' consensus estimates 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 business had revenue of $602.10 million for the quarter, compared to analysts' expectations of $568.87 million. During the same period last year, the business earned $1.28 EPS. The company's revenue was up 51.9% compared to the same quarter last year.

Other equities research analysts have also issued reports about the stock. 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. Truist Financial increased 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 research note on Monday, January 13th. Bank of America lowered their price objective on Northern Oil and Gas from $48.00 to $41.00 and set a "buy" rating for the company in a research note on Tuesday, April 1st. Citigroup dropped their price target on Northern Oil and Gas from $55.00 to $45.00 and set a "buy" rating on the stock in a research note on Tuesday, February 25th. Finally, Piper Sandler decreased their target price on shares of Northern Oil and Gas from $37.00 to $35.00 and set a "neutral" rating for the company in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $43.50.

Northern Oil and Gas Stock Performance

Shares of NOG traded up $0.06 during mid-day trading on Monday, reaching $26.36. The company had a trading volume of 324,296 shares, compared to its average volume of 1,507,186. Northern Oil and Gas has a 52-week low of $19.88 and a 52-week high of $44.31. The stock has a market capitalization of $2.60 billion, a P/E ratio of 5.13 and a beta of 1.47. The stock has a 50 day moving average of $26.25 and a two-hundred day moving average of $34.11. 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 declared a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Friday, June 27th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.83%. The ex-dividend date is Friday, June 27th. Northern Oil and Gas's payout ratio is 28.04%.

Northern Oil and Gas declared that its Board of Directors has initiated a share repurchase plan on Tuesday, March 11th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to reacquire up to 3.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Insider Activity at Northern Oil and Gas

In other news, Director Bahram Akradi bought 40,000 shares of the stock in a transaction dated Tuesday, March 4th. The stock was purchased at an average cost of $28.03 per share, for a total transaction of $1,121,200.00. Following the transaction, the director now owns 1,662,016 shares of the company's stock, valued at $46,586,308.48. The trade was a 2.47 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Nicholas L. O'grady bought 1,000 shares of the business's stock in a transaction dated Friday, March 7th. The shares were bought at an average cost of $27.48 per share, for a total transaction of $27,480.00. Following the transaction, the chief executive officer now owns 226,189 shares in the company, valued at approximately $6,215,673.72. The trade was a 0.44 % 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

A number of large investors have recently made changes to their positions in the stock. Vestcor Inc purchased a new stake in Northern Oil and Gas in the first quarter valued at $212,000. XTX Topco Ltd acquired a new position in shares of Northern Oil and Gas during the first quarter worth about $256,000. GSA Capital Partners LLP acquired a new stake in shares of Northern Oil and Gas during the 1st quarter valued at approximately $669,000. TCTC Holdings LLC raised its holdings in Northern Oil and Gas by 20.0% during the first quarter. TCTC Holdings LLC now owns 12,000 shares of the company's stock worth $363,000 after purchasing an additional 2,000 shares in the last quarter. Finally, First National Advisers LLC acquired a new stake in Northern Oil and Gas during the 1st quarter worth about $344,000. 98.80% of the stock is currently owned by hedge funds and other institutional investors.

About Northern Oil and Gas

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.