Zacks Research Issues Pessimistic Estimate for NOG Earnings

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Equities researchers at Zacks Research dropped their Q3 2025 EPS estimates for shares of Northern Oil and Gas in a note issued to investors on Wednesday, June 4th. Zacks Research analyst N. Choudhury now forecasts that the company will earn $0.97 per share for the quarter, down from their prior forecast of $1.02. 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' Q4 2025 earnings at $1.02 EPS, FY2025 earnings at $4.26 EPS, Q1 2026 earnings at $0.86 EPS, Q2 2026 earnings at $0.80 EPS, Q3 2026 earnings at $0.92 EPS, Q4 2026 earnings at $0.99 EPS and Q1 2027 earnings at $0.99 EPS.

NOG has been the topic of a number of other research reports. Royal Bank of Canada dropped their price target on shares of Northern Oil and Gas from $40.00 to $34.00 and set a "sector perform" rating on the stock in a research note on Monday, April 14th. Mizuho dropped 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, May 13th. Citigroup dropped their price target on shares of Northern Oil and Gas from $55.00 to $45.00 and set a "buy" rating on the stock in a research note on Tuesday, February 25th. Morgan Stanley dropped their price target 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 note on Thursday, March 27th. Finally, Bank of America upped their target price on shares of Northern Oil and Gas from $29.00 to $33.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Northern Oil and Gas presently has a consensus rating of "Hold" and a consensus target price of $39.67.

Northern Oil and Gas Stock Up 3.4%

Northern Oil and Gas stock traded up $0.95 during mid-day trading on Friday, reaching $28.75. The stock had a trading volume of 1,276,569 shares, compared to its average volume of 1,543,523. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of 5.59 and a beta of 1.51. The company has a 50-day moving average price of $25.60 and a two-hundred day moving average price of $32.54. Northern Oil and Gas has a one year low of $19.88 and a one year high of $44.31. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.92 and a quick ratio of 1.23.

Northern Oil and Gas (NYSE:NOG - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.12 by $0.21. The company had revenue of $602.10 million for the quarter, compared to analysts' expectations of $568.87 million. Northern Oil and Gas had a net margin of 23.38% and a return on equity of 24.41%. Northern Oil and Gas's revenue was up 51.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.28 EPS.

Hedge Funds Weigh In On Northern Oil and Gas

Several hedge funds and other institutional investors have recently bought and sold shares of NOG. Headlands Technologies LLC purchased a new stake in shares of Northern Oil and Gas during the 4th quarter valued at about $29,000. Pinnacle Holdings LLC purchased a new stake in shares of Northern Oil and Gas during the 1st quarter valued at about $28,000. Signaturefd LLC increased 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 during the last quarter. Jones Financial Companies Lllp increased its position in shares of Northern Oil and Gas by 181.0% during the 1st quarter. Jones Financial Companies Lllp now owns 1,107 shares of the company's stock valued at $33,000 after purchasing an additional 713 shares during the last quarter. Finally, Blue Trust Inc. increased its position in shares of Northern Oil and Gas by 177.2% during the 4th quarter. Blue Trust Inc. now owns 1,253 shares of the company's stock valued at $44,000 after purchasing an additional 801 shares during the last quarter. Institutional investors own 98.80% of the company's stock.

Northern Oil and Gas announced that its board has approved a stock buyback plan on Tuesday, March 11th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to buy up to 3.6% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

Northern Oil and Gas Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Friday, June 27th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.26%. The ex-dividend date is Friday, June 27th. Northern Oil and Gas's dividend payout ratio is currently 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.