Q2 EPS Estimate for Northern Oil and Gas Cut by Analyst

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Capital One Financial dropped their Q2 2025 earnings per share (EPS) estimates for Northern Oil and Gas in a note issued to investors on Wednesday, July 2nd. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings of $1.03 per share for the quarter, down from their prior forecast of $1.22. 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 $1.13 EPS and Q4 2025 earnings at $1.19 EPS.

Northern Oil and Gas (NYSE:NOG - Get Free Report) last released its earnings results 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 firm had revenue of $602.10 million for the quarter, compared to analysts' expectations of $568.87 million. During the same quarter in the previous year, the business posted $1.28 earnings per share. The business's revenue for the quarter was up 51.9% on a year-over-year basis.

NOG has been the topic of several other reports. Royal Bank Of Canada reduced their price target on 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. Mizuho reduced their price target on Northern Oil and Gas from $35.00 to $33.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Piper Sandler reduced their price target on Northern Oil and Gas from $34.00 to $30.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Bank of America boosted their price target on Northern Oil and Gas from $29.00 to $33.00 and gave the stock a "buy" rating in a report on Friday, May 23rd. Finally, Raymond James Financial restated a "strong-buy" rating on shares of Northern Oil and Gas in a report on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Northern Oil and Gas currently has an average rating of "Hold" and a consensus price target of $39.67.

Northern Oil and Gas Price Performance

Northern Oil and Gas stock traded down $0.20 during midday trading on Friday, reaching $29.75. The company's stock had a trading volume of 438,500 shares, compared to its average volume of 1,590,631. Northern Oil and Gas has a 52 week low of $19.88 and a 52 week high of $44.31. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.96. The business has a 50-day moving average price of $28.14 and a 200-day moving average price of $31.00. The stock has a market cap of $2.94 billion, a PE ratio of 5.62 and a beta of 1.50.

Institutional Trading of Northern Oil and Gas

Several institutional investors have recently added to or reduced their stakes in NOG. Proficio Capital Partners LLC bought a new stake in Northern Oil and Gas in the fourth quarter valued at approximately $909,000. Smartleaf Asset Management LLC lifted its stake in Northern Oil and Gas by 297.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,098 shares of the company's stock valued at $77,000 after buying an additional 1,570 shares during the period. SBI Securities Co. Ltd. acquired a new position in Northern Oil and Gas in the fourth quarter valued at approximately $66,000. Charles Schwab Investment Management Inc. lifted its stake in Northern Oil and Gas by 7.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,058,899 shares of the company's stock valued at $39,349,000 after buying an additional 73,256 shares during the period. Finally, Keybank National Association OH lifted its stake in Northern Oil and Gas by 11.2% in the fourth quarter. Keybank National Association OH now owns 12,567 shares of the company's stock valued at $467,000 after buying an additional 1,261 shares during the period. 98.80% of the stock is currently owned by institutional investors.

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

Northern Oil and Gas Announces Dividend

The business 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 6.05%. The ex-dividend date of this dividend is Friday, June 27th. Northern Oil and Gas's payout ratio is presently 28.04%.

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.