Top-Rated Stocks Top-Rated Dividend Stocks NYSE:NOG Northern Oil and Gas - NOG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $34.62 +1.30 (+3.90%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$34.43▼$35.8850-Day Range$28.52▼$36.7952-Week Range$21.45▼$39.10Volume4.92 million shsAverage Volume1.38 million shsMarket Capitalization$2.70 billionP/E Ratio3.97Dividend Yield3.60%Price Target$49.20 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Northern Oil and Gas MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside42.1% Upside$49.20 Price TargetShort InterestHealthy9.32% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.27Based on 20 Articles This WeekInsider TradingSelling Shares$12.71 M Sold Last QuarterProj. Earnings Growth34.51%From $7.62 to $10.25 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.3.45 out of 5 starsOils/Energy Sector1st out of 244 stocksCrude Petroleum & Natural Gas Industry1st out of 74 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 $49.20, Northern Oil and Gas has a forecasted upside of 42.1% from its current price of $34.62.Amount of Analyst CoverageNorthern Oil and Gas has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted9.32% 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 4.6.Change versus previous monthShort interest in Northern Oil and Gas has recently decreased by 18.18%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipNorthern Oil and Gas is a leading dividend payer. It pays a dividend yield of 3.60%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNorthern Oil and Gas has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Northern Oil and Gas is 13.76%. 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 11.71% 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 2.9 News and Social Media Coverage News SentimentNorthern Oil and Gas has a news sentiment score of 0.27. 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 20 news articles for Northern Oil and Gas this week, compared to 3 articles on an average week.Search Interest33 people have searched for NOG on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows16 people have added Northern Oil and Gas to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 $12,705,441.00 in company stock.Percentage Held by InsidersOnly 3.60% of the stock of Northern Oil and Gas is held by insiders.Percentage Held by 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 4.4 Earnings and Valuation Earnings GrowthEarnings for Northern Oil and Gas are expected to grow by 34.51% in the coming year, from $7.62 to $10.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Northern Oil and Gas is 3.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Northern Oil and Gas is 3.97, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 45.68.Price to Earnings Growth RatioNorthern Oil and Gas has a PEG Ratio of 0.14. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNorthern Oil and Gas has a P/B Ratio of 10.65. 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. The company primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. As of December 31, 2021, it owned working interests in 7,436 gross producing wells; and had proved reserves of 287,682 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.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 HeadlinesJanuary 27, 2023 | americanbankingnews.comSeaport Res Ptn Weighs in on Northern Oil and Gas, Inc.'s Q4 2022 Earnings (NYSE:NOG)January 26, 2023 | finance.yahoo.comNorthern Oil and Gas Set to Join S&P SmallCap 600January 27, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 26, 2023 | seekingalpha.comNorthern Oil and Gas: Mascot Project Adds To 2024 Free Cash FlowJanuary 25, 2023 | americanbankingnews.comQ4 2022 EPS Estimates for Northern Oil and Gas, Inc. Reduced by Analyst (NYSE:NOG)January 24, 2023 | finance.yahoo.comNOG Schedules Fourth Quarter and Year-End 2022 Earnings Release and Conference CallJanuary 21, 2023 | americanbankingnews.comNorthern Oil and Gas, Inc. to Post FY2024 Earnings of $10.28 Per Share, Jefferies Financial Group Forecasts (NYSE:NOG)January 9, 2023 | finance.yahoo.comNOG Announces Closing of Upsized Acquisition in Core Midland Basin Development ProjectJanuary 27, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 6, 2023 | finance.yahoo.comIs There An Opportunity With Northern Oil and Gas, Inc.'s (NYSE:NOG) 45% Undervaluation?December 19, 2022 | finance.yahoo.comNOG Announces Closing of Additional Core Northern Delaware Basin AcquisitionDecember 17, 2022 | thestreet.comNorthern Oil & Gas Stock Hits New 52-Week High (NOG)December 9, 2022 | finance.yahoo.comTop Wall Street Analyst Predicts Over 70% Rally for These 3 Energy StocksDecember 1, 2022 | finance.yahoo.comNOG Announces Closing of Core Northern Delaware Basin Bolt-on AcquisitionNovember 27, 2022 | markets.businessinsider.comStifel Nicolaus Reaffirms Their Buy Rating on Northern Oil And Gas (NOG)November 25, 2022 | seekingalpha.comNorthern Oil and Gas: I Heard It Through The GrapevineNovember 23, 2022 | 247wallst.comAngelo Gordon Cuts Stake in Northern Oil & Gas (NOG)November 22, 2022 | finance.yahoo.comShould Value Investors Buy Northern Oil and Gas (NOG) Stock?November 18, 2022 | finance.yahoo.comNorthern (NOG) Stock Rises 2.6% After Q3 Earnings & Sales BeatNovember 16, 2022 | benzinga.comNorthern Oil & Gas Director Trades $2.11M In Company StockNovember 14, 2022 | markets.businessinsider.com6 Analysts Have This to Say About Northern Oil & GasNovember 10, 2022 | finance.yahoo.comNOG Announces Borrowing Base IncreaseNovember 10, 2022 | finance.yahoo.comNorthern Oil and Gas Third Quarter 2022 Earnings: Beats ExpectationsNovember 9, 2022 | seekingalpha.comNorthern Oil and Gas, Inc. (NOG) Q3 2022 Earnings Call TranscriptNovember 8, 2022 | finance.yahoo.comNOG Announces Third Quarter 2022 ResultsNovember 8, 2022 | finance.yahoo.comNorthern Oil and Gas (NOG) Q3 Earnings and Revenues Top EstimatesNovember 8, 2022 | finance.yahoo.comNOG Announces Full Mandatory Conversion of Series A Convertible Preferred StockSee 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 10/31 Dividend9/28/2022Dividend Payable10/31/2022Last Earnings11/08/2022Ex-Dividend for 1/31 Dividend12/28/2022Today1/27/2023Dividend Payable1/31/2023Next Earnings (Confirmed)2/23/2023Fiscal 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 Phone952 476 9800Fax952-476-9801Employees25Year FoundedN/APrice Target and Rating Average Stock Price Forecast$49.20 High Stock Price Forecast$66.00 Low Stock Price Forecast$35.00 Forecasted Upside/Downside+42.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$8.72 Trailing P/E Ratio3.97 Forward P/E Ratio4.54 P/E Growth0.14Net Income$6.36 million Net MarginsN/A Pretax Margin53.07% Return on Equity209.95% Return on Assets26.63% Debt Debt-to-Equity Ratio1.65 Current Ratio0.99 Quick Ratio0.99 Sales & Book Value Annual Sales$496.90 million Price / Sales5.43 Cash Flow$6.52 per share Price / Cash Flow5.31 Book Value$3.25 per share Price / Book10.65Miscellaneous Outstanding Shares77,872,000Free Float75,069,000Market Cap$2.70 billion OptionableOptionable Beta1.97 Key ExecutivesMr. Nicholas L. O'Grady (Age 43)Chief Exec. Officer Comp: $1.17MMr. Adam Dirlam (Age 39)Pres Comp: $792.2kMr. Chad Allen (Age 40)Chief Financial Officer Comp: $641.66kMr. Erik J. Romslo (Age 45)Chief Legal Officer & Sec. Comp: $847.64kMr. James B. Evans (Age 39)Exec. VP & Chief Engineer Key CompetitorsVermilion EnergyNYSE:VETCallon PetroleumNYSE:CPECNX ResourcesNYSE:CNXComstock ResourcesNYSE:CRKCrescent EnergyNYSE:CRGYView All CompetitorsInsiders & InstitutionsM&G Investment Management Ltd.Bought 81,307 shares on 1/27/2023Ownership: 0.104%Yorktown Management & Research Co IncBought 10,900 shares on 1/26/2023Ownership: 0.014%Comerica BankSold 829 shares on 1/26/2023Ownership: 0.009%Oak Ridge Investments LLCSold 1,004 shares on 1/24/2023Ownership: 0.063%Centerpoint Advisors LLCBought 578 shares on 1/24/2023Ownership: 0.001%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 twelve months. 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 1 year price targets for Northern Oil and Gas' shares. Their NOG share price forecasts range from $35.00 to $66.00. On average, they anticipate the company's stock price to reach $49.20 in the next year. This suggests a possible upside of 42.1% 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 on January 1st, 2023. Since then, NOG shares have increased by 12.3% and is now trading at $34.62. 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 January. As of January 15th, there was short interest totaling 6,210,000 shares, a decrease of 18.2% from the December 31st total of 7,590,000 shares. Based on an average trading volume of 1,350,000 shares, the short-interest ratio is presently 4.6 days. Currently, 9.3% of the shares of the stock are short sold. 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 23rd 2023. 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 24th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13736011". How were Northern Oil and Gas' earnings last quarter? Northern Oil and Gas, Inc. (NYSE:NOG) announced its quarterly earnings results on Tuesday, November, 8th. The company reported $1.80 earnings per share for the quarter, topping analysts' consensus estimates of $1.70 by $0.10. The company earned $534.05 million during the quarter, compared to the consensus estimate of $412.87 million. 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, November 3rd. Shareholders of record on Thursday, December 29th will be paid a dividend of $0.30 per share on Tuesday, January 31st. This represents a $1.20 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date of this dividend is Wednesday, December 28th. This is a boost from the stock's previous quarterly dividend of $0.25. 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 $1.20 per share and currently has a dividend yield of 3.60%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOG will have a dividend payout ratio of 11.71% 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 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 many different retail and institutional investors. Top institutional investors include Copeland Capital Management LLC (2.95%), Allspring Global Investments Holdings LLC (1.53%), Tributary Capital Management LLC (0.52%), Peregrine Capital Management LLC (0.39%), Silverleafe Capital Partners LLC (0.31%) and M&G Investment Management Ltd. (0.10%). 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 $34.62. How much money does Northern Oil and Gas make? Northern Oil and Gas (NYSE:NOG) has a market capitalization of $2.70 billion and generates $496.90 million in revenue each year. The company earns $6.36 million in net income (profit) each year or $8.72 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 1/27/2023 by MarketBeat.com Staff 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. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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