Top-Rated StocksTop-RatedTop-Rated Dividend StocksTop-Rated DividendNYSE:NOG Northern Oil and Gas (NOG) Stock Forecast, Price & News $30.99 -0.03 (-0.10%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$30.56▼$31.2150-Day Range$26.77▼$35.0652-Week Range$21.45▼$39.10Volume1.43 million shsAverage Volume1.89 million shsMarket Capitalization$2.65 billionP/E Ratio2.05Dividend Yield4.39%Price Target$46.30 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/Downside49.4% Upside$46.30 Price TargetShort InterestBearish15.34% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment-0.02Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth9.68%From $7.75 to $8.50 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.2.68 out of 5 starsOils/Energy Sector76th out of 250 stocksCrude Petroleum & Natural Gas Industry36th out of 80 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 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $46.30, Northern Oil and Gas has a forecasted upside of 49.4% from its current price of $30.99.Amount of Analyst CoverageNorthern Oil and Gas has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted15.34% 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 7.4.Change versus previous monthShort interest in Northern Oil and Gas has recently decreased by 3.57%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipNorthern Oil and Gas is a leading dividend payer. It pays a dividend yield of 4.38%, 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 8.99%. 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 16.00% 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 1.7 News and Social Media Coverage News SentimentNorthern Oil and Gas has a news sentiment score of -0.02. 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 0.44 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Northern Oil and Gas this week, compared to 5 articles on an average week.Search Interest33 people have searched for NOG on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Northern Oil and Gas to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Northern Oil and Gas insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.20% of the stock of Northern Oil and Gas is held by insiders.Percentage Held by Institutions96.41% 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 9.68% in the coming year, from $7.75 to $8.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Northern Oil and Gas is 2.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Northern Oil and Gas is 2.05, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 50.73.Price to Book Value per Share RatioNorthern Oil and Gas has a P/B Ratio of 2.52. 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 About Northern Oil and Gas (NYSE:NOG) StockNorthern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. It focuses on the Bakken and Three Forks formation within the Williston Basin in North Dakota and Montana. The company was founded on March 20, 2007 and is headquartered in Minnetonka, MN.Read More 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 Stock News HeadlinesMay 26, 2023 | americanbankingnews.comNorthern Oil and Gas, Inc. to Post Q3 2023 Earnings of $1.69 Per Share, Capital One Financial Forecasts (NYSE:NOG)May 25, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for Northern Oil and Gas, Inc. (NYSE:NOG) Issued By Capital One FinancialMay 27, 2023 | Behind the Markets (Ad)"The $51 Billion Laser Revolution"See how a new contract with the Pentagon could spark a 2,476% sales surge for a small laser firm >>>May 21, 2023 | americanbankingnews.comBrokerages Set Northern Oil and Gas, Inc. (NYSE:NOG) Target Price at $46.60May 20, 2023 | chron.comVital Energy, Northern Oil team to buy Forge Energy assetsMay 20, 2023 | americanbankingnews.comBrokers Issue Forecasts for Northern Oil and Gas, Inc.'s Q2 2023 Earnings (NYSE:NOG)May 19, 2023 | americanbankingnews.comNorthern Oil and Gas (NYSE:NOG) Given New $47.00 Price Target at Piper SandlerMay 19, 2023 | americanbankingnews.comNorthern Oil and Gas (NYSE:NOG) Now Covered by Analysts at StockNews.comMay 27, 2023 | Behind the Markets (Ad)"The $51 Billion Laser Revolution"See how a new contract with the Pentagon could spark a 2,476% sales surge for a small laser firm >>>May 19, 2023 | msn.comPiper Sandler Maintains Northern Oil and Gas (NOG) Overweight RecommendationMay 18, 2023 | msn.comRBC Capital Reiterates Northern Oil and Gas (NOG) Outperform RecommendationMay 17, 2023 | markets.businessinsider.comJefferies Keeps Their Buy Rating on Northern Oil And Gas (NOG)May 16, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Utilities Stocks: Northern Oil And Gas (NOG), PBF Energy (PBF) and NuVista Energy (OtherNUVSF)May 16, 2023 | nasdaq.comNorthern Oil And Gas Declines After Announcing Pricing Of 6.65 Mln Public OfferingMay 16, 2023 | msn.comNorthern Oil & Gas to launch 6.65M-share public offeringMay 15, 2023 | finance.yahoo.comNOG Announces Pricing of Public Offering of Common StockMay 15, 2023 | finance.yahoo.comNOG Announces Joint Acquisition of Forge Energy Assets in the Permian BasinMay 15, 2023 | finance.yahoo.comNOG Announces Public Offering of Common StockMay 15, 2023 | finance.yahoo.comNorthern Oil (NOG) Q1 Earnings & Revenues Outpace EstimatesMay 13, 2023 | americanbankingnews.comNorthern Oil and Gas, Inc. (NYSE:NOG) to Post Q2 2023 Earnings of $1.82 Per Share, Capital One Financial ForecastsMay 12, 2023 | americanbankingnews.comResearch Analysts Offer Predictions for Northern Oil and Gas, Inc.'s Q2 2023 Earnings (NYSE:NOG)May 11, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for Northern Oil and Gas, Inc. (NYSE:NOG) Decreased by AnalystMay 8, 2023 | finance.yahoo.comNOG Announces Pricing of an Upsized Private Offering of Senior NotesMay 8, 2023 | finance.yahoo.comNOG Announces Proposed Aggregate $450 Million Private Offering of Senior NotesMay 7, 2023 | finance.yahoo.comNorthern Oil and Gas, Inc. (NYSE:NOG) Q1 2023 Earnings Call TranscriptMay 4, 2023 | benzinga.comRecap: Northern Oil & Gas Q1 EarningsMay 4, 2023 | finance.yahoo.comNOG Announces First Quarter 2023 Results, Including Record Quarterly ProductionSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 4/28 Dividend3/29/2023Dividend Payable4/28/2023Last Earnings5/04/2023Today5/27/2023Next Earnings (Estimated)8/02/2023Fiscal 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) 476-9800Fax952-476-9801Employees25Year FoundedN/APrice Target and Rating Average Stock Price Forecast$46.30 High Stock Price Forecast$60.00 Low Stock Price Forecast$35.00 Forecasted Upside/Downside+49.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$15.12 Trailing P/E Ratio2.05 Forward P/E Ratio4.00 P/E GrowthN/ANet Income$773.24 million Net Margins60.39% Pretax Margin60.53% Return on Equity86.66% Return on Assets21.14% Debt Debt-to-Equity Ratio1.68 Current Ratio1.15 Quick Ratio1.15 Sales & Book Value Annual Sales$1.57 billion Price / Sales1.68 Cash Flow$10.51 per share Price / Cash Flow2.95 Book Value$12.28 per share Price / Book2.52Miscellaneous Outstanding Shares85,360,000Free Float82,632,000Market Cap$2.65 billion OptionableOptionable Beta2.02 Key ExecutivesNicholas O'GradyChief Executive OfficerAdam DirlamPresidentChad AllenChief Financial & Accounting OfficerJames EvansChief Technical OfficerEvelyn Leon InfurnaVice President-Investor RelationsKey CompetitorsCNX ResourcesNYSE:CNXCalifornia ResourcesNYSE:CRCComstock ResourcesNYSE:CRKKosmos EnergyNYSE:KOSEnerplusNYSE:ERFView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 1,299 shares on 5/26/2023Ownership: 0.011%Brandywine Global Investment Management LLCBought 99,043 shares on 5/25/2023Ownership: 0.242%Toroso Investments LLCBought 44,285 shares on 5/23/2023Ownership: 0.052%Ameriprise Financial Inc.Bought 231,283 shares on 5/22/2023Ownership: 2.288%New York State Common Retirement FundSold 50,992 shares on 5/18/2023Ownership: 0.400%View All Insider TransactionsView All Institutional Transactions NOG Stock - Frequently Asked Questions Should I buy or sell Northern Oil and Gas stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Northern Oil and Gas in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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? 7 Wall Street analysts have issued 12-month price objectives for Northern Oil and Gas' shares. Their NOG share price forecasts range from $35.00 to $60.00. On average, they predict the company's stock price to reach $46.30 in the next twelve months. This suggests a possible upside of 49.4% 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 at the beginning of the year. Since then, NOG stock has increased by 0.6% and is now trading at $30.99. View the best growth stocks for 2023 here. Are investors shorting Northern Oil and Gas? Northern Oil and Gas saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 11,420,000 shares, a decrease of 14.0% from the March 31st total of 13,280,000 shares. Based on an average trading volume of 1,760,000 shares, the short-interest ratio is presently 6.5 days. Approximately 15.4% of the company's shares 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 Wednesday, August 2nd 2023. View our NOG earnings forecast. How were Northern Oil and Gas' earnings last quarter? Northern Oil and Gas, Inc. (NYSE:NOG) announced its quarterly earnings data on Thursday, May, 4th. The company reported $1.76 EPS for the quarter, topping analysts' consensus estimates of $1.54 by $0.22. The firm had revenue of $582.21 million for the quarter, compared to analyst estimates of $395.37 million. Northern Oil and Gas had a trailing twelve-month return on equity of 86.66% and a net margin of 60.39%. During the same quarter in the prior year, the firm posted $1.58 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 Monday, May 1st. Shareholders of record on Thursday, June 29th will be paid a dividend of $0.37 per share on Monday, July 31st. This represents a $1.48 annualized dividend and a dividend yield of 4.78%. The ex-dividend date of this dividend is Wednesday, June 28th. This is an increase from the stock's previous quarterly dividend of $0.34. 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), The Acquirers Fund (ZIG), Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), Invesco DWA Energy Momentum ETF (PXI), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Nuveen Small Cap Select ETF (NSCS) and Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH). Is Northern Oil and Gas a good dividend stock? Northern Oil and Gas (NYSE:NOG) pays an annual dividend of $1.36 per share and currently has a dividend yield of 4.38%. 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 8.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOG will have a dividend payout ratio of 16.00% 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 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (12.79%), FMR LLC (7.97%), State Street Corp (5.29%), Copeland Capital Management LLC (2.85%), Ameriprise Financial Inc. (2.29%) and Geode Capital Management LLC (1.54%). Insiders that own company stock include Adam A Dirlam, Bahram Akradi, Chad W Allen, Cresta Greenwood, Llc, Erik J Romslo, Lisa Meier, Michael D Kelly 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 $30.99. How much money does Northern Oil and Gas make? Northern Oil and Gas (NYSE:NOG) has a market capitalization of $2.65 billion and generates $1.57 billion in revenue each year. The company earns $773.24 million in net income (profit) each year or $15.12 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 5/27/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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