NYSE:NOG Northern Oil and Gas (NOG) Stock Price, News & Analysis → Automatic Income (from home) (From Awesomely, LLC) (Ad) Free NOG Stock Alerts $40.25 +0.28 (+0.70%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$39.61▼$40.3050-Day Range$34.68▼$43.5452-Week Range$29.57▼$43.75Volume1.10 million shsAverage Volume1.45 million shsMarket Capitalization$4.07 billionP/E Ratio6.52Dividend Yield3.98%Price Target$47.90 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Northern Oil and Gas alerts: Email Address Northern Oil and Gas MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.73 Rating ScoreUpside/Downside19.0% Upside$47.90 Price TargetShort InterestBearish10.91% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.32Based on 42 Articles This WeekInsider TradingSelling Shares$436,614 Sold Last QuarterProj. Earnings Growth16.30%From $5.46 to $6.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.14 out of 5 starsOils/Energy Sector456th out of 1,427 stocksCrude Petroleum & Natural Gas Industry169th out of 462 stocks 3.4 Analyst's Opinion Consensus RatingNorthern Oil and Gas has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 7 buy ratings, 2 hold ratings, and 1 sell rating.Amount of Analyst CoverageNorthern Oil and Gas has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.91% of the float of Northern Oil and Gas has been sold short.Short Interest Ratio / Days to CoverNorthern Oil and Gas has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in Northern Oil and Gas has recently increased by 6.81%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipNorthern Oil and Gas is a leading dividend payer. It pays a dividend yield of 4.00%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNorthern Oil and Gas has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Northern Oil and Gas is 25.93%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Northern Oil and Gas will have a dividend payout ratio of 25.20% next year. This indicates that Northern Oil and Gas will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NOG. Previous Next 2.4 News and Social Media Coverage News SentimentNorthern Oil and Gas has a news sentiment score of 0.32. 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 is a lower news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 42 news articles for Northern Oil and Gas this week, compared to 6 articles on an average week.Search InterestOnly 12 people have searched for NOG on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat Follows8 people have added Northern Oil and Gas to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Northern Oil and Gas insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $436,614.00 in company stock.Percentage Held by InsidersOnly 2.80% of the stock of Northern Oil and Gas is held by insiders.Percentage Held by Institutions98.80% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Northern Oil and Gas are expected to grow by 16.30% in the coming year, from $5.46 to $6.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Northern Oil and Gas is 6.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Northern Oil and Gas is 6.52, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.66.Price to Book Value per Share RatioNorthern Oil and Gas has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Northern Oil and Gas Stock (NYSE:NOG)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. The company is based in Minnetonka, Minnesota.Read More NOG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NOG Stock News HeadlinesApril 10, 2024 | insidertrades.comJames B. Evans Sells 3,150 Shares of Northern Oil and Gas, Inc. (NYSE:NOG) StockApril 5, 2024 | insidertrades.comNorthern Oil and Gas, Inc. (NYSE:NOG) CEO Nicholas L. O'grady Sells 3,750 SharesMay 5, 2024 | Porter & Company (Ad)Elon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.May 4, 2024 | americanbankingnews.comTruist Financial Raises Northern Oil and Gas (NYSE:NOG) Price Target to $56.00May 4, 2024 | americanbankingnews.comNorthern Oil and Gas, Inc. Forecasted to Post FY2024 Earnings of $4.92 Per Share (NYSE:NOG)May 4, 2024 | americanbankingnews.comQ2 2024 Earnings Forecast for Northern Oil and Gas, Inc. Issued By Capital One Financial (NYSE:NOG)May 3, 2024 | markets.businessinsider.comStrong Performance and Strategic Growth Opportunities Affirm Northern Oil and Gas’s Buy RatingMay 3, 2024 | americanbankingnews.comCapital One Financial Research Analysts Lower Earnings Estimates for Northern Oil and Gas, Inc. (NYSE:NOG)May 5, 2024 | Porter & Company (Ad)Elon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.May 3, 2024 | americanbankingnews.comAnalysts Offer Predictions for Northern Oil and Gas, Inc.'s Q2 2024 Earnings (NYSE:NOG)May 2, 2024 | businesswire.comNOG Declares $0.40 Quarterly Cash DividendMay 2, 2024 | oilprice.comNorway’s Cash Flow From Offshore Fields Crashes Due to Low Natural Gas PricesMay 2, 2024 | bloomberg.comNorway’s Cash From North Sea Fields Slumps on Weaker Gas MarketMay 2, 2024 | americanbankingnews.comNorthern Oil and Gas, Inc. (NYSE:NOG) Given Consensus Rating of "Moderate Buy" by BrokeragesMay 2, 2024 | americanbankingnews.comNorthern Oil and Gas (NYSE:NOG) Raised to "Hold" at StockNews.comMay 1, 2024 | markets.businessinsider.comCracking The Code: Understanding Analyst Reviews For Northern Oil & GasMay 1, 2024 | finance.yahoo.comNorthern Oil and Gas First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 1, 2024 | finance.yahoo.comNorthern Oil & Gas Inc (NOG) Q1 2024 Earnings Call Transcript Highlights: Robust Growth and ...May 1, 2024 | finance.yahoo.comQ1 2024 Northern Oil and Gas Inc Earnings CallApril 30, 2024 | oilprice.comNorway Plans to Develop a New $570-Million Oil and Gas FieldApril 30, 2024 | msn.comNorthern Oil & Gas Non-GAAP EPS of $1.28 beats by $0.11, revenue of $396.34M misses by $109.71MApril 30, 2024 | businesswire.comNOG Announces First Quarter 2024 Results, Achieves New Quarterly Production RecordApril 29, 2024 | businesswire.comNOG Announces Expansion of Revolving Credit FacilityApril 26, 2024 | oilprice.comNorway’s Oil Demand Hasn’t Crashed Despite Record EV Market ShareApril 23, 2024 | msn.comWall Street's Most Accurate Analysts' Views On 3 Energy Stocks With Over 3% Dividend YieldsApril 23, 2024 | msn.comGas prices rise in northern Ohio but some relief at the pump could be coming soonApril 20, 2024 | nasdaq.comNatural Gas, WTI Oil, Brent Oil Forecasts – Oil Loses Gains As Israel’s Retaliatory Attack Looks LimitedSee More Headlines Receive NOG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Northern Oil and Gas and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/30 Dividend3/27/2024Last Earnings4/30/2024Dividend Payable4/30/2024Today5/04/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:NOG CUSIPN/A CIK1104485 Webwww.northernoil.com Phone(952) 476-9800Fax952-476-9801Employees38Year FoundedN/APrice Target and Rating Average Stock Price Target$47.90 High Stock Price Target$56.00 Low Stock Price Target$39.00 Potential Upside/Downside+19.0%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$6.17 Trailing P/E Ratio6.52 Forward P/E Ratio7.37 P/E GrowthN/ANet Income$922.97 million Net Margins30.01% Pretax Margin34.05% Return on Equity34.06% Return on Assets13.70% Debt Debt-to-Equity Ratio0.97 Current Ratio0.96 Quick Ratio1.32 Sales & Book Value Annual Sales$2.17 billion Price / Sales1.88 Cash Flow$11.00 per share Price / Cash Flow3.66 Book Value$19.81 per share Price / Book2.03Miscellaneous Outstanding Shares101,060,000Free Float98,225,000Market Cap$4.07 billion OptionableOptionable Beta1.84 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. James B. Evans (Age 40)Chief Technical Officer Comp: $810.23kMr. Erik J. Romslo (Age 46)Chief Legal Officer & Secretary Comp: $875.67kMs. Evelyn Leon Infurna (Age 59)Vice President of Investor Relations Key CompetitorsVista EnergyNYSE:VISTEnerplusNYSE:ERFSasolNYSE:SSLCalifornia ResourcesNYSE:CRCCNX ResourcesNYSE:CNXView All CompetitorsInsiders & InstitutionsEasterly Investment Partners LLCBought 1,094 shares on 5/3/2024Ownership: 0.050%Mutual of America Capital Management LLCSold 22,410 shares on 5/2/2024Ownership: 0.377%Jennison Associates LLCBought 196,058 shares on 5/2/2024Ownership: 0.194%Oak Ridge Investments LLCSold 2,081 shares on 5/1/2024Ownership: 0.038%Janney Montgomery Scott LLCBought 1,453 shares on 5/1/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions NOG Stock Analysis - Frequently Asked Questions Should I buy or sell Northern Oil and Gas stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northern Oil and Gas in the last twelve months. There are currently 1 sell rating, 2 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NOG shares. View NOG analyst ratings or view top-rated stocks. What is Northern Oil and Gas' stock price target for 2024? 11 Wall Street research analysts have issued 1 year price targets for Northern Oil and Gas' shares. Their NOG share price targets range from $39.00 to $56.00. On average, they expect the company's share price to reach $47.90 in the next twelve months. This suggests a possible upside of 19.0% from the stock's current price. View analysts price targets for NOG or view top-rated stocks among Wall Street analysts. How have NOG shares performed in 2024? Northern Oil and Gas' stock was trading at $37.07 at the beginning of 2024. Since then, NOG shares have increased by 8.6% and is now trading at $40.25. View the best growth stocks for 2024 here. When is Northern Oil and Gas' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our NOG earnings forecast. How were Northern Oil and Gas' earnings last quarter? Northern Oil and Gas, Inc. (NYSE:NOG) released its quarterly earnings results on Tuesday, April, 30th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.18 by $0.10. The company had revenue of $396.35 million for the quarter, compared to analyst estimates of $505.67 million. Northern Oil and Gas had a net margin of 30.01% and a trailing twelve-month return on equity of 34.06%. The business's revenue for the quarter was down 31.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.76 earnings per share. How often does Northern Oil and Gas pay dividends? What is the dividend yield for Northern Oil and Gas? Northern Oil and Gas announced a quarterly dividend on Thursday, May 2nd. Shareholders of record on Thursday, June 27th will be paid a dividend of $0.40 per share on Wednesday, July 31st. This represents a $1.60 annualized dividend and a yield of 3.98%. The ex-dividend date is Thursday, June 27th. Read our dividend analysis for NOG. Is Northern Oil and Gas a good dividend stock? Northern Oil and Gas (NYSE:NOG) pays an annual dividend of $1.60 per share and currently has a dividend yield of 4.00%. NOG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOG will have a dividend payout ratio of 25.20% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NOG. What ETFs hold Northern Oil and Gas' stock? ETFs with the largest weight of Northern Oil and Gas (NYSE:NOG) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE), Innovator IBD Breakout Opportunities ETF (BOUT), MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco Dorsey Wright Energy Momentum ETF (PXI), Opus Small Cap Value Plus ETF (OSCV) and First Trust Natural Gas ETF (FCG). When did Northern Oil and Gas' stock split? Northern Oil and Gas's stock 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 market closes 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. What other stocks do shareholders of Northern Oil and Gas own? Based on aggregate information from My MarketBeat watchlists, some companies that other Northern Oil and Gas investors own include Intel (INTC), Hello Group (MOMO), ONEOK (OKE), Pfizer (PFE), Valero Energy (VLO), CrowdStrike (CRWD), DocuSign (DOCU), Broadcom (AVGO), Delta Air Lines (DAL) and Datadog (DDOG). Who are Northern Oil and Gas' major shareholders? Northern Oil and Gas' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.42%), Allspring Global Investments Holdings LLC (1.42%), Principal Financial Group Inc. (1.41%), Tributary Capital Management LLC (0.54%), Capstone Investment Advisors LLC (0.51%) and Raymond James & Associates (0.39%). Insiders that own company stock include Adam A Dirlam, Bahram Akradi, Chad W Allen, Cresta Greenwood, Llc, Erik J Romslo, James B Evans, Lisa Meier, Michael D Kelly, Nicholas L O'grady and Robert B Rowling. View institutional ownership trends. How do I buy shares of Northern Oil and Gas? 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. Compare Top Brokerages Here. This page (NYSE:NOG) was last updated on 5/5/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? Porter & CompanyAutomatic Income (from home)Awesomely, LLCThe asset beating inflation by 4xColonial MetalsCould Your Accounts Be Frozen?Allegiance GoldThe only AI company you should be looking atBehind the MarketsThe A.I. story nobody is telling you (Read ASAP)TradeSmithUrgent Nvidia WarningAltimetryHave You Seen Elon’s New A.I. Device? 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