Rep. Lisa C. McClain Sells Northern Oil and Gas, Inc. (NYSE:NOG) Shares

Key Points

• Rep. Lisa C. McClain sold shares of Northern Oil and Gas, Inc. (NYSE:NOG) for between $1,001 and $15,000 on August 4th, a transaction disclosed on September 12th.
• Northern Oil and Gas recently announced a quarterly dividend of $0.45 per share, with an annualized yield of 7.0%, to be paid on October 31st to stockholders of record as of September 29th.
• The company's Q2 earnings results surpassed analyst expectations, reporting $1.37 EPS compared to a consensus estimate of $0.87, with a revenue of $706.81 million.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Northern Oil and Gas, Inc. NYSE: NOG. In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Northern Oil and Gas stock on August 4th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

Northern Oil and Gas Stock Performance

NYSE:NOG opened at $25.78 on Wednesday. The company's 50-day moving average price is $26.27 and its 200-day moving average price is $27.11. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.98. The company has a market cap of $2.52 billion, a P/E ratio of 4.25 and a beta of 1.67. Northern Oil and Gas, Inc. has a twelve month low of $19.88 and a twelve month high of $44.31.

Northern Oil and Gas (NYSE:NOG - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $0.87 by $0.50. The company had revenue of $706.81 million for the quarter, compared to the consensus estimate of $555.54 million. Northern Oil and Gas had a net margin of 23.62% and a return on equity of 22.12%. Northern Oil and Gas's quarterly revenue was up 26.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.46 earnings per share. On average, sell-side analysts forecast that Northern Oil and Gas, Inc. will post 5.18 earnings per share for the current fiscal year.

Northern Oil and Gas Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 29th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Monday, September 29th. Northern Oil and Gas's dividend payout ratio (DPR) is currently 29.70%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on NOG. William Blair began coverage on shares of Northern Oil and Gas in a report on Monday, August 25th. They issued an "outperform" rating for the company. Morgan Stanley cut shares of Northern Oil and Gas from a "positive" rating to an "underweight" rating and dropped their price objective for the company from $29.00 to $27.00 in a report on Monday, August 18th. Piper Sandler restated a "neutral" rating and issued a $25.00 price objective (down previously from $31.00) on shares of Northern Oil and Gas in a report on Monday, August 4th. Mizuho dropped their price objective on shares of Northern Oil and Gas from $32.00 to $28.00 and set a "neutral" rating for the company in a report on Monday. Finally, Citigroup lifted their price objective on shares of Northern Oil and Gas from $34.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $36.44.

Hedge Funds Weigh In On Northern Oil and Gas

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. DLD Asset Management LP grew its stake in shares of Northern Oil and Gas by 42.9% during the 2nd quarter. DLD Asset Management LP now owns 25,000,000 shares of the company's stock worth $708,750,000 after purchasing an additional 7,500,000 shares during the period. American Century Companies Inc. grew its stake in Northern Oil and Gas by 6.4% in the 1st quarter. American Century Companies Inc. now owns 6,953,377 shares of the company's stock valued at $210,201,000 after acquiring an additional 415,781 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Northern Oil and Gas by 30.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,298,379 shares of the company's stock valued at $129,939,000 after acquiring an additional 1,001,493 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in Northern Oil and Gas by 25.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,951,505 shares of the company's stock valued at $56,867,000 after acquiring an additional 397,128 shares during the last quarter. Finally, Channing Capital Management LLC grew its stake in Northern Oil and Gas by 8.7% in the 1st quarter. Channing Capital Management LLC now owns 1,920,258 shares of the company's stock valued at $58,049,000 after acquiring an additional 153,635 shares during the last quarter. 98.80% of the stock is owned by institutional investors and hedge funds.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.

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