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NYSE:NOG

Northern Oil and Gas (NOG) Stock Price, News & Analysis

Northern Oil and Gas logo
$28.26 +1.00 (+3.66%)
Closing price 10/23/2026 03:59 PM Eastern
Extended Trading
$28.10 -0.15 (-0.54%)
As of 10/23/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Northern Oil and Gas Stock (NYSE:NOG)

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Key Stats

Today's Range
$27.26
▼
$28.58
50-Day Range
$22.70
▼
$28.26
52-Week Range
$17.18
▼
$31.17
Volume
2.13 million shs
Average Volume
1.96 million shs
Market Capitalization
$3.01 billion
P/E Ratio
N/A
Dividend Yield
6.37%
Price Target
$31.22
Consensus Rating
Hold

Company Overview

Northern Oil and Gas, Inc. is an independent energy company engaged in the acquisition, development and production of crude oil, natural gas and natural gas liquids in the United States. The company primarily holds non-operated working interests, allowing it to participate in wells drilled and managed by other exploration and production companies while maintaining exposure to a broad portfolio of oil and gas assets.

Northern Oil and Gas has historically focused on properties in the Williston Basin of North Dakota and Montana and has expanded its operations into other major U.S. producing regions, including the Permian Basin of West Texas and New Mexico and the South Texas Eagle Ford. Its activities include acquiring producing properties and undeveloped acreage, funding its share of drilling and completion costs, and receiving production revenues from its interests.

Headquartered in Minnetonka, Minnesota, Northern Oil and Gas was founded in 2007. The company is led by President and Chief Executive Officer Nick O’Grady. Through its diversified, non-operated business model, Northern Oil and Gas seeks to participate in development opportunities across multiple U.S. basins without directly operating most of the wells in which it holds an interest.

AI Generated. May Contain Errors.

Northern Oil and Gas Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
67th Percentile Overall Score

NOG MarketRank™: 
3.35792862892 of 5 stars

Northern Oil and Gas scored higher than 67% of companies evaluated by MarketBeat, and ranked 67th out of 243 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Northern Oil and Gas has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on no strong buy ratings, 3 buy ratings, 5 hold ratings, and 2 sell ratings.

  • Upside Potential

    Northern Oil and Gas has a consensus price target of $31.22, representing about 10.5% upside from its current price of $28.26.

  • Amount of Analyst Coverage

    Northern Oil and Gas has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Northern Oil and Gas' stock forecast and price target.
  • Earnings Growth

    Earnings for Northern Oil and Gas are expected to grow by 20.42% in the coming year, from $3.82 to $4.60 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Northern Oil and Gas is -5.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Northern Oil and Gas is -5.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Northern Oil and Gas has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Northern Oil and Gas' valuation and earnings.
  • Percentage of Shares Shorted

    20.84% of the float of Northern Oil and Gas has been sold short.
  • Short Interest Ratio / Days to Cover

    Northern Oil and Gas has a short interest ratio ("days to cover") of 9.04.
  • Change versus previous month

    Short interest in Northern Oil and Gas has recently decreased by 1.37%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Northern Oil and Gas is a leading dividend payer. It pays a dividend yield of 6.60%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Northern Oil and Gas has only been increasing its dividend for 4 years.

  • Dividend Sustainability

    Based on earnings estimates, Northern Oil and Gas will have a dividend payout ratio of 39.13% next year. This indicates that Northern Oil and Gas will be able to sustain or increase its dividend.

  • Read more about Northern Oil and Gas' dividend.
  • News Sentiment

    Northern Oil and Gas has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Northern Oil and Gas this week, compared to 6 articles on an average week.
  • Search Interest

    Only 13 people have searched for NOG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Northern Oil and Gas to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Northern Oil and Gas insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    2.80% of the stock of Northern Oil and Gas is held by insiders.

  • Percentage Held by Institutions

    98.80% of the stock of Northern Oil and Gas is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Northern Oil and Gas' insider trading history.
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NOG Stock News Headlines

Q4 EPS Estimate for Northern Oil and Gas Lifted by Analyst
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Q3 EPS Forecast for Northern Oil and Gas Raised by Analyst
See More Headlines

NOG Stock Analysis - Frequently Asked Questions

Northern Oil and Gas' stock was trading at $21.45 at the start of the year. Since then, NOG stock has increased by 31.7% and is now trading at $28.2590.

Northern Oil and Gas, Inc. (NYSE:NOG) released its quarterly earnings data on Thursday, August, 6th. The company reported $1.13 EPS for the quarter, missing analysts' consensus estimates of $1.18 by $0.05. The business's quarterly revenue was up 5.4% on a year-over-year basis.
Read the conference call transcript
.

Shares of Northern Oil and Gas reverse split before market open on Monday, September 21st 2020.The 1-10 reverse split was announced on Wednesday, September 2nd 2020. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 18th 2020. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Northern Oil and Gas' Board of Directors authorized a stock buyback program on Tuesday, March 11th 2025, which allows the company to buy back $100,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 3.6% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.

Top institutional investors of Northern Oil and Gas include Counterpoint Mutual Funds LLC (0.40%), Isthmus Partners LLC (0.10%), Sterling Capital Management LLC (0.09%) and Epiq Partners LLC (0.06%). Insiders that own company stock include Bahram Akradi, Nicholas L O'grady, Erik J Romslo, Adam A Dirlam, Chad W Allen and James B Evans.
View institutional ownership trends
.

Shares of NOG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Northern Oil and Gas investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), NIO (NIO), Plug Power (PLUG), Micron Technology (MU) and Energy Transfer (ET).

Company Calendar

Record date for 7/31 Dividend
6/29/2026
Ex-Dividend for 7/31 Dividend
6/29/2026
Dividend Payable
7/31/2026
Last Earnings
8/06/2026
Record date for 10/30 Dividend
9/29/2026
Ex-Dividend for 10/30 Dividend
9/29/2026
Today
10/24/2026
Dividend Payable
10/30/2026
Next Earnings (Estimated)
11/05/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-Industry
Oil & Gas Exploration & Production
Current Symbol
NYSE:NOG
CIK
1104485
Employees
64
Year Founded
2007

Price Target and Rating

High Price Target
$36.00
Low Price Target
$26.00
Potential Upside/Downside
+10.5%
Consensus Rating
Hold
Rating Score (0-4)
2.10
Research Coverage
10 Analysts

Profitability

EPS (Trailing Twelve Months)
($5.18)
Trailing P/E Ratio
N/A
Forward P/E Ratio
7.40
P/E Growth
N/A
Net Income
$38.76 million
Net Margins
-25.35%
Pretax Margin
-33.39%
Return on Equity
18.69%
Return on Assets
6.85%

Debt

Debt-to-Equity Ratio
1.37
Current Ratio
0.80
Quick Ratio
0.80

Sales & Book Value

Annual Sales
$2.16 billion
Price / Sales
1.40
Cash Flow
$13.08 per share
Price / Cash Flow
2.16
Book Value
$21.79 per share
Price / Book
1.30

Miscellaneous

Outstanding Shares
106,549,000
Free Float
103,566,000
Market Cap
$3.01 billion
Optionable
Optionable
Beta
0.90

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This page (NYSE:NOG) was last updated on 10/23/2026 by MarketBeat.com Staff.
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