Q2 Earnings Forecast for NOG Issued By Capital One Financial

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Analysts at Capital One Financial lowered their Q2 2025 earnings estimates for Northern Oil and Gas in a research note issued on Monday, July 21st. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings of $0.96 per share for the quarter, down from their previous forecast of $1.03. 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 $0.98 EPS, Q4 2025 earnings at $1.00 EPS and FY2025 earnings at $4.28 EPS.

Several other research analysts have also recently issued reports on the stock. Citigroup raised their target price on shares of Northern Oil and Gas from $34.00 to $38.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Raymond James Financial reiterated a "strong-buy" rating on shares of Northern Oil and Gas in a report on Tuesday, May 13th. Morgan Stanley dropped their target price on shares of Northern Oil and Gas from $43.00 to $38.00 and set an "equal weight" rating on the stock in a report on Thursday, March 27th. Piper Sandler boosted their target price on shares of Northern Oil and Gas from $30.00 to $31.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Finally, Mizuho lowered their price target 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. One analyst has rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $38.78.

Northern Oil and Gas Price Performance

Shares of NOG stock traded up $0.61 during trading hours on Tuesday, hitting $28.68. 792,301 shares of the company's stock were exchanged, compared to its average volume of 1,818,683. The company has a market capitalization of $2.83 billion, a PE ratio of 4.47 and a beta of 1.50. Northern Oil and Gas has a 12-month low of $19.88 and a 12-month high of $44.31. The business's 50 day simple moving average is $28.96 and its 200-day simple moving average is $30.24. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.96.

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

Northern Oil and Gas Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Friday, June 27th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.28%. The ex-dividend date of this dividend is Friday, June 27th. Northern Oil and Gas's dividend payout ratio is 28.04%.

Institutional Investors Weigh In On Northern Oil and Gas

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new stake in Northern Oil and Gas in the 4th quarter worth approximately $29,000. Pinnacle Holdings LLC bought a new position in Northern Oil and Gas in the 1st quarter worth approximately $28,000. MassMutual Private Wealth & Trust FSB boosted its stake in Northern Oil and Gas by 133.3% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 954 shares of the company's stock worth $27,000 after purchasing an additional 545 shares during the period. UMB Bank n.a. boosted its stake in Northern Oil and Gas by 200.3% in the 2nd quarter. UMB Bank n.a. now owns 955 shares of the company's stock worth $27,000 after purchasing an additional 637 shares during the period. Finally, Signaturefd LLC boosted its stake in Northern Oil and Gas by 60.0% in the 1st quarter. Signaturefd LLC now owns 1,080 shares of the company's stock worth $33,000 after purchasing an additional 405 shares during the period. 98.80% of the stock is owned by hedge funds and other institutional investors.

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.