Top-Rated Dividend StocksTop-Rated Dividend Northern Oil and Gas Stock Price, News & Analysis (NYSE:NOG) $37.26 -0.64 (-1.69%) (As of 10:15 AM ET) Add Compare Share Share Today's Range$37.14▼$37.7750-Day Range$35.45▼$40.9452-Week Range$25.56▼$43.64Volume92,941 shsAverage Volume1.52 million shsMarket Capitalization$3.75 billionP/E Ratio4.80Dividend Yield4.08%Price Target$50.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Northern Oil and Gas MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside33.1% Upside$50.33 Price TargetShort InterestBearish8.91% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.25Based on 10 Articles This WeekInsider TradingSelling Shares$1.60 M Sold Last QuarterProj. Earnings Growth9.05%From $6.96 to $7.59 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 Sector50th out of 235 stocksCrude Petroleum & Natural Gas Industry28th out of 75 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 33.1% from its current price of $37.81.Amount of Analyst CoverageNorthern Oil and Gas has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.91% 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 5.9.Change versus previous monthShort interest in Northern Oil and Gas has recently increased by 4.92%, 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 4.01%, 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 19.56%. 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 20.03% 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 1.8 News and Social Media Coverage News SentimentNorthern Oil and Gas has a news sentiment score of 0.25. 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 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Northern Oil and Gas this week, compared to 4 articles on an average week.Search InterestOnly 17 people have searched for NOG on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Northern Oil and Gas to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 $1,600,762.00 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 9.05% in the coming year, from $6.96 to $7.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Northern Oil and Gas is 4.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 105.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Northern Oil and Gas is 4.87, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.91.Price to Book Value per Share RatioNorthern Oil and Gas has a P/B Ratio of 3.95. 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 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 HeadlinesDecember 4, 2023 | americanbankingnews.comNorthern Oil and Gas, Inc. (NYSE:NOG) Receives Average Rating of "Buy" from AnalystsDecember 3, 2023 | americanbankingnews.comNorthern Oil and Gas (NYSE:NOG) Price Target Raised to $54.00December 4, 2023 | Edge On The Street (Ad)Is This The Most Overlooked Gold Investment Strategy of 2024?There is little debate on the potential of gold in the next year and decade. The real issue becomes - what's the best gold investment strategy today? Some investors are opting for a unique "royalty" alternative that outshines other options like holding gold bullion or investing in volatile mining stocks.December 2, 2023 | americanbankingnews.comComparing Royale Energy (OTCMKTS:ROYL) and Northern Oil and Gas (NYSE:NOG)December 1, 2023 | msn.comWhy Is Northern Oil and Gas (NOG) Down 3.3% Since Last Earnings Report?November 30, 2023 | americanbankingnews.comNorthern Oil and Gas (NYSE:NOG) & Crescent Energy (NYSE:CRGY) Head to Head AnalysisNovember 29, 2023 | msn.comOil & Gas Stock Roundup: Spotlight on Petrobras' Mega Capex Plan, Shell's Gas FindNovember 29, 2023 | americanbankingnews.comNorthern Oil and Gas (NYSE:NOG) Receives "Outperform" Rating from Royal Bank of CanadaDecember 4, 2023 | Edge On The Street (Ad)Is This The Most Overlooked Gold Investment Strategy of 2024?There is little debate on the potential of gold in the next year and decade. The real issue becomes - what's the best gold investment strategy today? Some investors are opting for a unique "royalty" alternative that outshines other options like holding gold bullion or investing in volatile mining stocks.November 27, 2023 | finance.yahoo.comKeep an Eye on 3 Oil Explorers Amid Elevated Crude PricesNovember 24, 2023 | americanbankingnews.comNorthern Oil and Gas, Inc. Forecasted to Earn Q1 2024 Earnings of $1.71 Per Share (NYSE:NOG)November 22, 2023 | finance.yahoo.comNorthern Oil and Gas (NYSE:NOG) Has Announced That It Will Be Increasing Its Dividend To $0.40November 22, 2023 | msn.comNorthern (NOG) Acquires Non-Operated Interests in Two BasinsNovember 21, 2023 | msn.comNOG to acquire non-operated interests in cash & stock dealNovember 21, 2023 | finance.yahoo.comNOG Announces Bolt-on Acquisitions; Expands Northern Delaware Position and Enters Ohio Utica Shale in AppalachiaNovember 9, 2023 | finance.yahoo.comHere's Why Northern Oil and Gas (NOG) is a Strong Growth StockNovember 8, 2023 | msn.comNorthern Oil (NOG) Q3 Earnings Miss Estimates, Revenues BeatNovember 7, 2023 | markets.businessinsider.comAnalysts Are Bullish on These NA Stocks: Northern Oil And Gas (NOG), Crescent Point Energy (CPG)November 3, 2023 | finance.yahoo.comNorthern Oil and Gas, Inc. (NYSE:NOG) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | finance.yahoo.comNOG Increases Cash Dividend by 5% From Previous QuarterNovember 2, 2023 | forbes.comWriting December Calls On Northern Oil & GasNovember 2, 2023 | seekingalpha.comNorthern Oil and Gas, Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 1, 2023 | finance.yahoo.comNorthern Oil & Gas Inc (NOG) Reports Record Quarterly Production and Increased Dividends in ...November 1, 2023 | finance.yahoo.comNOG Announces Third Quarter 2023 Results, Achieves New Quarterly Production RecordOctober 30, 2023 | finance.yahoo.comNOG Declares $0.40 Quarterly Cash Dividend, 33% Increase Year-over-Year, 5% Sequential Increase over Prior QuarterOctober 25, 2023 | finance.yahoo.comNorthern Oil and Gas (NOG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?October 25, 2023 | msn.comNOG posts preliminary financial and operational updates for the third quarterSee 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 10/31 Dividend9/27/2023Dividend Payable10/31/2023Last Earnings11/02/2023Today12/04/2023Ex-Dividend for 1/31 Dividend12/27/2023Fiscal Year End12/31/2023Dividend Payable1/31/2024Next Earnings (Estimated)2/22/2024Get 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 Target$50.33 High Stock Price Target$56.00 Low Stock Price Target$44.00 Potential Upside/Downside+32.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$7.77 Trailing P/E Ratio4.88 Forward P/E Ratio5.45 P/E GrowthN/ANet Income$773.24 million Net Margins38.96% Pretax Margin40.05% Return on Equity49.08% Return on Assets15.97% Debt Debt-to-Equity Ratio1.46 Current Ratio0.78 Quick Ratio0.78 Sales & Book Value Annual Sales$1.57 billion Price / Sales2.43 Cash Flow$10.53 per share Price / Cash Flow3.60 Book Value$9.57 per share Price / Book3.96Miscellaneous Outstanding Shares100,510,000Free Float96,890,000Market Cap$3.81 billion OptionableOptionable Beta1.83 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Nicholas L. O'Grady (Age 43)Chief Executive Officer Comp: $2.14MMr. Adam Dirlam (Age 38)President 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 & Secretary Comp: $869.92kMs. Evelyn Leon Infurna (Age 59)Vice President of Investor Relations More ExecutivesKey CompetitorsCalifornia ResourcesNYSE:CRCBlack Stone MineralsNYSE:BSMCrescent Point EnergyNYSE:CPGEnerplusNYSE:ERFSM EnergyNYSE:SMView All CompetitorsInsiders & InstitutionsWellington Management Group LLPBought 43,527 shares on 12/1/2023Ownership: 0.415%American Century Companies Inc.Bought 545,297 shares on 11/30/2023Ownership: 2.549%Deutsche Bank AGBought 7,720 shares on 11/24/2023Ownership: 0.141%Public Sector Pension Investment BoardSold 40,249 shares on 11/22/2023Ownership: 0.103%Aurora Investment CounselSold 7,812 shares on 11/22/2023Ownership: 0.040%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? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northern Oil and Gas in the last twelve months. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 target for 2024? 9 Wall Street analysts have issued 12-month price objectives for Northern Oil and Gas' shares. Their NOG share price targets range from $44.00 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 33.1% 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 shares have increased by 22.7% and is now trading at $37.81. 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 Thursday, February 22nd 2024. View our NOG earnings forecast. 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 for the quarter, missing the consensus estimate of $1.76 by $0.03. The firm earned $313.97 million during the quarter, compared to analysts' expectations of $503.98 million. Northern Oil and Gas had a trailing twelve-month return on equity of 49.08% and a net margin of 38.96%. During the same period in the previous year, the firm earned $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 Monday, October 30th. Stockholders of record on Thursday, December 28th will be given a dividend of $0.40 per share on Wednesday, January 31st. This represents a $1.60 annualized dividend and a yield of 4.23%. The ex-dividend date of this dividend is Wednesday, December 27th. This is an increase from the stock's previous quarterly dividend of $0.38. 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 $1.52 per share and currently has a dividend yield of 4.01%. 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 19.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOG will have a dividend payout ratio of 20.03% 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), 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). When did Northern Oil and Gas' stock split? Northern Oil and Gas's stock 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 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 variety of institutional and retail investors. Top institutional shareholders include FMR LLC (6.83%), Invesco Ltd. (3.77%), American Century Companies Inc. (2.55%), Copeland Capital Management LLC (2.39%), Adage Capital Partners GP L.L.C. (1.44%) and Westfield Capital Management Co. LP (1.40%). 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. This page (NYSE:NOG) was last updated on 12/4/2023 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. 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