Top-Rated Dividend StocksTop-Rated DividendNYSE:NOG Northern Oil and Gas (NOG) Stock Forecast, Price & News $41.36 +1.50 (+3.76%) (As of 02:52 PM ET) Add Compare Share Share Today's Range$40.23▼$41.5350-Day Range$35.88▼$42.9952-Week Range$25.17▼$43.64Volume1.08 million shsAverage Volume1.55 million shsMarket Capitalization$3.85 billionP/E Ratio2.90Dividend Yield3.58%Price Target$49.22 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Northern Oil and Gas MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside22.2% Upside$50.33 Price TargetShort InterestBearish10.23% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.81Based on 12 Articles This WeekInsider TradingSelling Shares$6.27 M Sold Last QuarterProj. Earnings Growth13.74%From $7.28 to $8.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.78 out of 5 starsOils/Energy Sector16th out of 245 stocksCrude Petroleum & Natural Gas Industry11th out of 81 stocks 3.5 Analyst's Opinion Consensus RatingNorthern Oil and Gas has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $50.33, Northern Oil and Gas has a forecasted upside of 22.2% from its current price of $41.20.Amount of Analyst CoverageNorthern Oil and Gas has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.23% 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 6.4.Change versus previous monthShort interest in Northern Oil and Gas has recently increased by 4.65%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipNorthern Oil and Gas is a leading dividend payer. It pays a dividend yield of 3.73%, 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 10.38%. 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 17.87% 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 2.7 News and Social Media Coverage News SentimentNorthern Oil and Gas has a news sentiment score of 0.81. 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 Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Northern Oil and Gas this week, compared to 5 articles on an average week.Search InterestOnly 20 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 Follows10 people have added Northern Oil and Gas to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $6,268,543.00 in company stock.Percentage Held by InsidersOnly 3.60% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Northern Oil and Gas are expected to grow by 13.74% in the coming year, from $7.28 to $8.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Northern Oil and Gas is 2.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Northern Oil and Gas is 2.89, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.80.Price to Book Value per Share RatioNorthern Oil and Gas has a P/B Ratio of 4.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Northern Oil and Gas (NYSE:NOG) StockNorthern 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NOG Stock News HeadlinesSeptember 27, 2023 | finance.yahoo.comAssessing the Dividend Profile of Northern Oil & Gas IncSeptember 27, 2023 | finance.yahoo.comProfit from the Oil Supply Crunch With These 7 StocksSeptember 27, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 27, 2023 | americanbankingnews.comNorthern Oil and Gas (NYSE:NOG) Upgraded to Hold by StockNews.comSeptember 26, 2023 | forbes.comBuy Write Grabs Tomorrow’s Dividend From Northern Oil & GasSeptember 25, 2023 | americanbankingnews.comEquities Analysts Set Expectations for Northern Oil and Gas, Inc.'s Q1 2024 Earnings (NYSE:NOG)September 20, 2023 | americanbankingnews.comNorthern Oil and Gas, Inc. (NYSE:NOG) Receives Consensus Recommendation of "Buy" from BrokeragesSeptember 18, 2023 | finance.yahoo.comWall Street’s Best Analyst Bets on These 3 Energy Stocks – Here’s Why You Might Want to Ride His CoattailsSeptember 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."September 12, 2023 | finance.yahoo.comNorthern Oil and Gas (NYSE:NOG) Is Increasing Its Dividend To $0.38September 7, 2023 | markets.businessinsider.comAnalysts Are Bullish on These NA Stocks: Lightning eMotors (ZEV), Northern Oil And Gas (NOG)September 1, 2023 | finance.yahoo.comWhy Is Northern Oil and Gas (NOG) Up 0.6% Since Last Earnings Report?August 31, 2023 | seekingalpha.comNorthern Oil and Gas: Production May Exceed 110,000 BOEPD In Q4 2023August 31, 2023 | msn.comNorthern Oil and Gas (NOG) Price Target Increased by 7.35% to 50.92August 28, 2023 | finance.yahoo.comNorthern Oil and Gas (NYSE:NOG) Will Pay A Larger Dividend Than Last Year At $0.38August 24, 2023 | msn.comNorthern Oil and Gas: A Buy Until The Music Stops, AgainAugust 21, 2023 | msn.comNorthland Capital Markets Maintains Northern Oil and Gas (NOG) Outperform RecommendationAugust 21, 2023 | markets.businessinsider.comNorthland Securities Sticks to Their Buy Rating for Northern Oil And Gas (NOG)August 16, 2023 | msn.comEarthstone Energy and NOG complete $1.5bn acquisition of NovoAugust 15, 2023 | finance.yahoo.comNOG Closes Novo AcquisitionAugust 8, 2023 | msn.comJefferies Maintains Northern Oil and Gas (NOG) Buy RecommendationAugust 7, 2023 | finance.yahoo.com4 Stocks to Watch on Dividend Hikes as Fed Resumes Rate HikeAugust 5, 2023 | finance.yahoo.comNorthern Oil and Gas, Inc. (NYSE:NOG) Q2 2023 Earnings Call TranscriptAugust 5, 2023 | finance.yahoo.comNorthern Oil and Gas' (NYSE:NOG) Dividend Will Be Increased To $0.38August 4, 2023 | businesswire.comNOG Announces Second Quarter 2023 Results, Including Record Quarterly ProductionAugust 4, 2023 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And Northern Oil and Gas (NYSE:NOG) Passed With EaseAugust 3, 2023 | seekingalpha.comNorthern Oil and Gas, Inc. 2023 Q2 - Results - Earnings Call PresentationSee 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 NOG Company Calendar Ex-Dividend for 7/31 Dividend6/28/2023Dividend Payable7/31/2023Last Earnings8/03/2023Today9/27/2023Ex-Dividend for 10/31 Dividend9/27/2023Dividend Payable10/31/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:NOG CUSIPN/A CIK1104485 Webwww.northernoil.com Phone(952) 476-9800Fax952-476-9801Employees33Year FoundedN/APrice Target and Rating Average Stock Price Forecast$50.33 High Stock Price Forecast$56.00 Low Stock Price Forecast$46.00 Forecasted Upside/Downside+19.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$14.26 Trailing P/E Ratio2.89 Forward P/E Ratio5.66 P/E GrowthN/ANet Income$773.24 million Net Margins55.68% Pretax Margin57.53% Return on Equity57.03% Return on Assets18.09% Debt Debt-to-Equity Ratio1.18 Current Ratio1.02 Quick Ratio1.02 Sales & Book Value Annual Sales$1.57 billion Price / Sales2.44 Cash Flow$10.94 per share Price / Cash Flow3.77 Book Value$9.57 per share Price / Book4.31Miscellaneous Outstanding Shares93,020,000Free Float89,674,000Market Cap$3.84 billion OptionableOptionable Beta1.98 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Nicholas L. O'Grady (Age 43)Chief Exec. Officer Comp: $2.14MMr. Adam Dirlam (Age 38)Pres Comp: $1.24MMr. Chad Allen (Age 40)Chief Financial Officer Comp: $855.79kMr. James B. Evans (Age 39)Chief Technical Officer Comp: $786.92kMr. Erik J. Romslo (Age 45)Chief Legal Officer & Sec. Comp: $869.92kMs. Evelyn Leon Infurna (Age 59)VP of Investor Relations More ExecutivesKey CompetitorsEnerplusNYSE:ERFCNX ResourcesNYSE:CNXCalifornia ResourcesNYSE:CRCKosmos EnergyNYSE:KOSCrescent Point EnergyNYSE:CPGView All CompetitorsInsiders & InstitutionsAdam A DirlamSold 1,392 sharesTotal: $56,376.00 ($40.50/share)Erik J RomsloSold 7,500 sharesTotal: $305,475.00 ($40.73/share)Wolverine Trading LLCBought 14,600 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemBought 6,126 shares on 8/21/2023Ownership: 0.096%Osaic Holdings Inc.Sold 1,888 shares on 8/21/2023Ownership: 0.033%View All Insider TransactionsView All Institutional Transactions NOG Stock - Frequently Asked Questions Should I buy or sell Northern Oil and Gas stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northern Oil and Gas in the last year. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" NOG shares. View NOG analyst ratings or view top-rated stocks. What is Northern Oil and Gas' stock price forecast for 2023? 9 analysts have issued 12-month target prices for Northern Oil and Gas' stock. Their NOG share price forecasts range from $46.00 to $56.00. On average, they anticipate the company's share price to reach $50.33 in the next twelve months. This suggests a possible upside of 22.0% 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 2023? Northern Oil and Gas' stock was trading at $30.82 on January 1st, 2023. Since then, NOG stock has increased by 33.8% and is now trading at $41.24. View the best growth stocks for 2023 here. When is Northern Oil and Gas' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our NOG earnings forecast. How were Northern Oil and Gas' earnings last quarter? Northern Oil and Gas, Inc. (NYSE:NOG) posted its quarterly earnings data on Thursday, August, 3rd. The company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.14. The business had revenue of $476.60 million for the quarter, compared to the consensus estimate of $414.01 million. Northern Oil and Gas had a trailing twelve-month return on equity of 57.03% and a net margin of 55.68%. The firm's quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the company earned $1.72 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 declared a quarterly dividend on Tuesday, August 1st. Investors of record on Thursday, September 28th will be paid a dividend of $0.38 per share on Tuesday, October 31st. This represents a $1.52 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date is Wednesday, September 27th. This is an increase from the stock's previous quarterly dividend of $0.37. 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), Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), Invesco Dorsey Wright Energy Momentum ETF (PXI), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Nuveen Small Cap Select ETF (NSCS), Innovator IBD Breakout Opportunities ETF (BOUT) and First Trust Natural Gas ETF (FCG). Is Northern Oil and Gas a good dividend stock? Northern Oil and Gas (NYSE:NOG) pays an annual dividend of $1.48 per share and currently has a dividend yield of 3.73%. 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 10.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOG will have a dividend payout ratio of 17.87% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NOG. 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 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. 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). What is Northern Oil and Gas' stock symbol? Northern Oil and Gas trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOG." Who are Northern Oil and Gas' major shareholders? Northern Oil and Gas' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.86%), State Street Corp (4.75%), Angelo Gordon & CO. L.P. (3.44%), Copeland Capital Management LLC (2.96%), Capital World Investors (2.15%) and Westwood Holdings Group Inc. (1.96%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Northern Oil and Gas' stock price today? One share of NOG stock can currently be purchased for approximately $41.24. How much money does Northern Oil and Gas make? Northern Oil and Gas (NYSE:NOG) has a market capitalization of $3.84 billion and generates $1.57 billion in revenue each year. The company earns $773.24 million in net income (profit) each year or $14.26 on an earnings per share basis. How can I contact Northern Oil and Gas? Northern Oil and Gas' mailing address is 4350 Baker Road Suite 400, MINNETONKA MN, 55343. The official website for the company is www.northernoil.com. The company can be reached via phone at (952) 476-9800, via email at ir@northernoil.com, or via fax at 952-476-9801. This page (NYSE:NOG) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Northern Oil and Gas, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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