S&P 500   4,957.80 (-0.36%)
DOW   38,439.70 (-0.32%)
QQQ   423.49 (-0.90%)
AAPL   181.61 (+0.03%)
MSFT   399.30 (-0.87%)
META   466.83 (-0.94%)
GOOGL   142.29 (+0.83%)
AMZN   167.77 (+0.41%)
TSLA   193.04 (-0.37%)
NVDA   668.67 (-3.72%)
NIO   6.02 (+1.01%)
AMD   162.71 (-1.80%)
BABA   75.70 (+3.50%)
T   16.98 (+0.41%)
F   12.13 (-0.98%)
MU   80.34 (-0.46%)
CGC   3.32 (-6.21%)
GE   148.51 (-0.07%)
DIS   107.78 (-1.52%)
AMC   4.59 (-1.50%)
PFE   27.52 (-0.25%)
PYPL   57.89 (-1.26%)
XOM   104.47 (+1.67%)
S&P 500   4,957.80 (-0.36%)
DOW   38,439.70 (-0.32%)
QQQ   423.49 (-0.90%)
AAPL   181.61 (+0.03%)
MSFT   399.30 (-0.87%)
META   466.83 (-0.94%)
GOOGL   142.29 (+0.83%)
AMZN   167.77 (+0.41%)
TSLA   193.04 (-0.37%)
NVDA   668.67 (-3.72%)
NIO   6.02 (+1.01%)
AMD   162.71 (-1.80%)
BABA   75.70 (+3.50%)
T   16.98 (+0.41%)
F   12.13 (-0.98%)
MU   80.34 (-0.46%)
CGC   3.32 (-6.21%)
GE   148.51 (-0.07%)
DIS   107.78 (-1.52%)
AMC   4.59 (-1.50%)
PFE   27.52 (-0.25%)
PYPL   57.89 (-1.26%)
XOM   104.47 (+1.67%)
S&P 500   4,957.80 (-0.36%)
DOW   38,439.70 (-0.32%)
QQQ   423.49 (-0.90%)
AAPL   181.61 (+0.03%)
MSFT   399.30 (-0.87%)
META   466.83 (-0.94%)
GOOGL   142.29 (+0.83%)
AMZN   167.77 (+0.41%)
TSLA   193.04 (-0.37%)
NVDA   668.67 (-3.72%)
NIO   6.02 (+1.01%)
AMD   162.71 (-1.80%)
BABA   75.70 (+3.50%)
T   16.98 (+0.41%)
F   12.13 (-0.98%)
MU   80.34 (-0.46%)
CGC   3.32 (-6.21%)
GE   148.51 (-0.07%)
DIS   107.78 (-1.52%)
AMC   4.59 (-1.50%)
PFE   27.52 (-0.25%)
PYPL   57.89 (-1.26%)
XOM   104.47 (+1.67%)
S&P 500   4,957.80 (-0.36%)
DOW   38,439.70 (-0.32%)
QQQ   423.49 (-0.90%)
AAPL   181.61 (+0.03%)
MSFT   399.30 (-0.87%)
META   466.83 (-0.94%)
GOOGL   142.29 (+0.83%)
AMZN   167.77 (+0.41%)
TSLA   193.04 (-0.37%)
NVDA   668.67 (-3.72%)
NIO   6.02 (+1.01%)
AMD   162.71 (-1.80%)
BABA   75.70 (+3.50%)
T   16.98 (+0.41%)
F   12.13 (-0.98%)
MU   80.34 (-0.46%)
CGC   3.32 (-6.21%)
GE   148.51 (-0.07%)
DIS   107.78 (-1.52%)
AMC   4.59 (-1.50%)
PFE   27.52 (-0.25%)
PYPL   57.89 (-1.26%)
XOM   104.47 (+1.67%)

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

$34.86
+1.29 (+3.84%)
(As of 12:28 PM ET)
Today's Range
$33.83
$34.91
50-Day Range
$31.72
$38.80
52-Week Range
$25.56
$43.64
Volume
353,873 shs
Average Volume
1.18 million shs
Market Capitalization
$3.50 billion
P/E Ratio
4.49
Dividend Yield
4.59%
Price Target
$47.00

Northern Oil and Gas MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
35.0% Upside
$47.00 Price Target
Short Interest
Bearish
10.35% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.29mentions of Northern Oil and Gas in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$209,680 Sold Last Quarter
Proj. Earnings Growth
-1.49%
From $6.70 to $6.60 Per Share

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.

4.06 out of 5 stars

Oils/Energy Sector

58th out of 240 stocks

Crude Petroleum & Natural Gas Industry

26th out of 74 stocks


NOG stock logo

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.

NOG Stock Price History

NOG Stock News Headlines

Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
Northern Oil and Gas (NYSE:NOG) PT Lowered to $38.00
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
NOG Mar 2024 26.000 put
Northern Oil & Gas Inc.
Stifel Nicolaus Sticks to Its Buy Rating for Northern Oil And Gas (NOG)
Northern Oil and Gas Ups Dividend 18%, Updates Hedging
Northern Oil & Gas declares $0.40 dividend
Northern (NOG) Finalizes Acquisitions of Two Basin Assets
See 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.

Company Calendar

Last Earnings
11/02/2023
Ex-Dividend for 1/31 Dividend
12/27/2023
Dividend Payable
1/31/2024
Today
2/21/2024
Next Earnings (Confirmed)
2/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
33
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$47.00
High Stock Price Target
$56.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+40.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$773.24 million
Pretax Margin
40.05%

Debt

Sales & Book Value

Annual Sales
$1.57 billion
Cash Flow
$10.36 per share
Book Value
$9.57 per share

Miscellaneous

Free Float
96,890,000
Market Cap
$3.38 billion
Optionable
Optionable
Beta
1.85
Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report














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 target prices for Northern Oil and Gas' stock. Their NOG share price targets range from $38.00 to $56.00. On average, they anticipate the company's stock price to reach $47.00 in the next twelve months. This suggests a possible upside of 35.0% 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 the year. Since then, NOG stock has decreased by 6.1% and is now trading at $34.81.
View the best growth stocks for 2024 here
.

Are investors shorting Northern Oil and Gas?

Northern Oil and Gas saw a decline in short interest in January. As of January 15th, there was short interest totaling 9,210,000 shares, a decline of 17.5% from the December 31st total of 11,170,000 shares. Based on an average trading volume of 1,330,000 shares, the short-interest ratio is presently 6.9 days. Approximately 9.9% of the company's stock are sold short.
View Northern Oil and Gas' Short Interest
.

When is Northern Oil and Gas' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our NOG earnings forecast
.

How can I listen to Northern Oil and Gas' earnings call?

Northern Oil and Gas will be holding an earnings conference call on Friday, February 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "9661789".

How were Northern Oil and Gas' earnings last quarter?

Northern Oil and Gas, Inc. (NYSE:NOG) issued its quarterly earnings results on Thursday, November, 2nd. The company reported $1.73 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.76 by $0.03. The business earned $313.97 million during the quarter, compared to analysts' expectations of $503.98 million. Northern Oil and Gas had a net margin of 38.96% and a trailing twelve-month return on equity of 49.08%. During the same period in the prior year, the business posted $1.80 EPS.

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 Tuesday, February 6th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.40 per share on Tuesday, April 30th. This represents a $1.60 annualized dividend and a dividend yield of 4.60%. The ex-dividend date is Wednesday, March 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 4.69%. 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 20.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOG will have a dividend payout ratio of 24.24% 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 shares reverse split on the morning of 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).

Who are Northern Oil and Gas' major shareholders?

Northern Oil and Gas' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.53%), Copeland Capital Management LLC (2.15%), Westfield Capital Management Co. LP (1.53%), Nuveen Asset Management LLC (1.40%), Principal Financial Group Inc. (1.40%) and Dimensional Fund Advisors LP (1.37%). 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 2/21/2024 by MarketBeat.com Staff