Q2 EPS Estimate for Northern Oil and Gas Raised by Analyst

Key Points

• Capital One Financial raised their Q2 2025 earnings per share estimate for Northern Oil and Gas from $0.96 to $1.03, while the full-year earnings consensus is currently $5.18 per share.
• Northern Oil and Gas reported $1.33 earnings per share for Q1, exceeding analysts' expectations by $0.21, with revenue increasing 51.9% year-over-year.
• The company announced a quarterly dividend of $0.45 per share, translating to an annualized dividend yield of 6.33%, with the ex-dividend date set for June 27th.

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Capital One Financial raised their Q2 2025 earnings per share estimates for Northern Oil and Gas in a report released on Thursday, July 24th. Capital One Financial analyst P. Johnston now expects that the company will post earnings of $1.03 per share for the quarter, up from their prior estimate of $0.96. 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' Q4 2025 earnings at $1.01 EPS, FY2025 earnings at $4.35 EPS and FY2026 earnings at $3.64 EPS.

Other research analysts have also recently issued research reports about the company. Citigroup boosted their price target on Northern Oil and Gas from $34.00 to $38.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Mizuho reduced their price objective on Northern Oil and Gas from $33.00 to $32.00 and set a "neutral" rating for the company in a research report on Wednesday, July 16th. Raymond James Financial reiterated a "strong-buy" rating on shares of Northern Oil and Gas in a research report on Tuesday, May 13th. Bank of America upped their price objective on Northern Oil and Gas from $29.00 to $33.00 and gave the company a "buy" rating in a research report on Friday, May 23rd. Finally, Royal Bank Of Canada reduced their price objective on Northern Oil and Gas from $34.00 to $33.00 and set a "sector perform" rating for the company in a research report on Monday, July 14th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Northern Oil and Gas has a consensus rating of "Hold" and an average target price of $38.78.

Northern Oil and Gas Stock Down 0.8%

Shares of NOG stock traded down $0.23 during mid-day trading on Monday, hitting $28.37. The company's stock had a trading volume of 247,290 shares, compared to its average volume of 1,806,503. Northern Oil and Gas has a 52-week low of $19.88 and a 52-week high of $44.31. The business has a 50-day moving average price of $29.07 and a 200 day moving average price of $29.88. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market cap of $2.80 billion, a price-to-earnings ratio of 4.42 and a beta of 1.50.

Northern Oil and Gas (NYSE:NOG - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.21. Northern Oil and Gas had a return on equity of 23.46% and a net margin of 26.64%. The business had revenue of $602.10 million during the quarter, compared to analysts' expectations of $568.87 million. During the same quarter in the previous year, the business earned $1.28 earnings per share. The firm's quarterly revenue was up 51.9% compared to the same quarter last year.

Institutional Trading of Northern Oil and Gas

Several hedge funds have recently bought and sold shares of the stock. Ethic Inc. bought a new position in shares of Northern Oil and Gas in the second quarter worth about $818,000. Denali Advisors LLC boosted its stake in shares of Northern Oil and Gas by 24.9% in the second quarter. Denali Advisors LLC now owns 201,581 shares of the company's stock worth $5,715,000 after acquiring an additional 40,221 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Northern Oil and Gas during the second quarter valued at approximately $275,000. Mutual of America Capital Management LLC boosted its stake in Northern Oil and Gas by 6.1% during the second quarter. Mutual of America Capital Management LLC now owns 488,269 shares of the company's stock valued at $13,842,000 after buying an additional 28,160 shares during the last quarter. Finally, Oxbow Advisors LLC bought a new position in Northern Oil and Gas during the second quarter valued at approximately $6,178,000. Institutional investors 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.