Zacks Research Issues Pessimistic Forecast for NOG Earnings

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Equities researchers at Zacks Research decreased their Q2 2025 earnings per share estimates for shares of Northern Oil and Gas in a research note issued to investors on Tuesday, May 13th. Zacks Research analyst N. Choudhury now forecasts that the company will post earnings per share of $0.94 for the quarter, down from their prior estimate of $1.01. The consensus estimate for Northern Oil and Gas' current full-year earnings is $5.18 per share. Zacks Research also issued estimates for Northern Oil and Gas' Q3 2025 earnings at $1.02 EPS, Q4 2025 earnings at $1.03 EPS, FY2025 earnings at $4.32 EPS, Q1 2026 earnings at $0.96 EPS, Q2 2026 earnings at $0.94 EPS, Q3 2026 earnings at $1.02 EPS and Q4 2026 earnings at $1.11 EPS.

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 for the quarter, topping the consensus estimate of $1.12 by $0.21. The business had revenue of $602.10 million during the quarter, compared to the consensus estimate of $568.87 million. Northern Oil and Gas had a return on equity of 24.41% and a net margin of 23.38%. Northern Oil and Gas's revenue for the quarter was up 51.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.28 EPS.

A number of other equities research analysts also recently weighed in on the stock. Mizuho reduced their price target on shares of Northern Oil and Gas from $35.00 to $33.00 and set a "neutral" rating on the stock in a research note on Tuesday. Morgan Stanley cut 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 research report on Thursday, March 27th. Piper Sandler decreased their target price on shares of Northern Oil and Gas from $34.00 to $30.00 and set a "neutral" rating on the stock in a research note on Tuesday. Bank of America lowered their price target on shares of Northern Oil and Gas from $48.00 to $41.00 and set a "buy" rating for the company in a report on Tuesday, April 1st. Finally, Royal Bank of Canada dropped their price target on Northern Oil and Gas from $40.00 to $34.00 and set a "sector perform" rating for the company in a research note on Monday, April 14th. One analyst has rated the stock with a sell rating, five have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $40.56.

Northern Oil and Gas Stock Performance

Northern Oil and Gas stock opened at $29.65 on Thursday. The company has a quick ratio of 1.23, a current ratio of 0.92 and a debt-to-equity ratio of 1.02. The stock has a market cap of $2.93 billion, a PE ratio of 5.77 and a beta of 1.47. 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 moving average price is $26.34 and its two-hundred day moving average price is $33.87.

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

Northern Oil and Gas Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Friday, June 27th. This represents a $1.80 annualized dividend and a dividend yield of 6.07%. Northern Oil and Gas's dividend payout ratio is 28.04%.

Insider Buying and Selling

In related news, CEO Nicholas L. O'grady acquired 1,000 shares of the business's stock in a transaction that occurred on Friday, March 7th. The shares were bought at an average cost of $27.48 per share, with a total value of $27,480.00. Following the completion of the purchase, the chief executive officer now directly owns 226,189 shares in the company, valued at $6,215,673.72. The trade was a 0.44% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Bahram Akradi bought 40,000 shares of the firm's stock in a transaction on Tuesday, March 4th. The shares were purchased at an average cost of $28.03 per share, with a total value of $1,121,200.00. Following the transaction, the director now directly owns 1,662,016 shares in the company, valued at approximately $46,586,308.48. This trade represents a 2.47% increase in their position. The disclosure for this purchase can be found here. 2.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Northern Oil and Gas

Several large investors have recently modified their holdings of NOG. Pinnacle Holdings LLC bought a new stake in Northern Oil and Gas during the first quarter valued at $28,000. Headlands Technologies LLC acquired a new position in shares of Northern Oil and Gas in the 4th quarter valued at about $29,000. Signaturefd LLC boosted its position in shares of Northern Oil and Gas by 60.0% during the 1st quarter. Signaturefd LLC now owns 1,080 shares of the company's stock valued at $33,000 after purchasing an additional 405 shares in the last quarter. Byrne Asset Management LLC boosted its position in shares of Northern Oil and Gas by 54.9% during the 1st quarter. Byrne Asset Management LLC now owns 1,363 shares of the company's stock valued at $41,000 after purchasing an additional 483 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in Northern Oil and Gas by 177.2% during the fourth quarter. Blue Trust Inc. now owns 1,253 shares of the company's stock worth $44,000 after purchasing an additional 801 shares during the period. 98.80% of the stock is currently owned by institutional investors and hedge funds.

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.

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