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

Company Overview

Northern Oil and Gas, Inc. is an independent energy company engaged in the acquisition, development and production of crude oil, natural gas and natural gas liquids in the United States. The company primarily holds non-operated working interests, allowing it to participate in wells drilled and managed by other exploration and production companies while maintaining exposure to a broad portfolio of oil and gas assets.

Northern Oil and Gas has historically focused on properties in the Williston Basin of North Dakota and Montana and has expanded its operations into other major U.S. producing regions, including the Permian Basin of West Texas and New Mexico and the South Texas Eagle Ford. Its activities include acquiring producing properties and undeveloped acreage, funding its share of drilling and completion costs, and receiving production revenues from its interests.

Headquartered in Minnetonka, Minnesota, Northern Oil and Gas was founded in 2007. The company is led by President and Chief Executive Officer Nick O’Grady. Through its diversified, non-operated business model, Northern Oil and Gas seeks to participate in development opportunities across multiple U.S. basins without directly operating most of the wells in which it holds an interest.

Key Stats

• Today's Range: $25.14 to $25.75
• 50-Day Range: $22.70 to $28.48
• 52-Week Range: $17.18 to $31.17
• Volume: 205,457 shs
• Average Volume: 2.54 million shs
• Market Capitalization: $2.74 billion
• P/E Ratio: N/A
• Dividend Yield: 7.01%
• Price Target: $31.56
• Consensus Rating: Hold

Northern Oil and Gas Stock Analysis - MarketRank™

Northern Oil and Gas scored higher than 79% of companies evaluated by MarketBeat, and ranked 34th out of 247 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Hold

Consensus Rating

Northern Oil and Gas has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on no strong buy ratings, 3 buy ratings, 5 hold ratings, and 2 sell ratings.

Upside Potential

Northern Oil and Gas has a consensus price target of $31.56, representing about 22.5% upside from its current price of $25.76.

Amount of Analyst Coverage

Northern Oil and Gas has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 26.82%

Earnings Growth

Earnings for Northern Oil and Gas are expected to grow by 26.82% in the coming year, from $3.84 to $4.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Northern Oil and Gas is -4.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Northern Oil and Gas is -4.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Northern Oil and Gas has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

19.67% of the float of Northern Oil and Gas has been sold short.

Short Interest Ratio / Days to Cover

Northern Oil and Gas has a short interest ratio ("days to cover") of 10.72, which indicates bearish sentiment.

Change versus previous month

Short interest in Northern Oil and Gas has recently decreased by 5.61%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Northern Oil and Gas is a leading dividend payer. It pays a dividend yield of 6.47%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Northern Oil and Gas has only been increasing its dividend for 4 years.

Dividend Sustainability

Based on earnings estimates, Northern Oil and Gas will have a dividend payout ratio of 36.96% next year. This indicates that Northern Oil and Gas will be able to sustain or increase its dividend.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.12

News Sentiment

Northern Oil and Gas has a news sentiment score of 0.12. 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 0.70 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Northern Oil and Gas this week, compared to 5 articles on an average week.

Search Interest

Only 11 people have searched for NOG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

3 people have added Northern Oil and Gas to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Northern Oil and Gas insiders have not sold or bought any company stock.

Percentage Held by Insiders

2.80% of the stock of Northern Oil and Gas is held by insiders.

Percentage Held by Institutions

98.80% 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.

Company Calendar

• Last Earnings: 8/06/2026
• Record date for 10/30 Dividend: 9/29/2026
• Ex-Dividend for 10/30 Dividend: 9/29/2026
• Dividend Payable: 10/30/2026
• Today: 11/03/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSE:NOG
• CIK: 1104485
• Web: www.northernoil.com
• Phone: (952) 476-9800
• Fax: 952-476-9801
• Employees: 64
• Year Founded: 2007

Price Target and Rating

• Average Price Target for Northern Oil and Gas: $31.56
• High Price Target: $36.00
• Low Price Target: $26.00
• Potential Upside/Downside: +23.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.10
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): ($5.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 5.24
• P/E Growth: N/A
• Net Income: $38.76 million
• Net Margins: -25.35%
• Pretax Margin: -33.39%
• Return on Equity: 18.69%
• Return on Assets: 6.85%

Debt

• Debt-to-Equity Ratio: 1.37
• Current Ratio: 0.80
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $2.16 billion
• Price / Sales: 1.26
• Cash Flow: $11.87 per share
• Price / Cash Flow: 2.15
• Book Value: $21.79 per share
• Price / Book: 1.17

Miscellaneous

• Outstanding Shares: 106,549,000
• Free Float: 103,566,000
• Market Cap: $2.72 billion
• Optionable: Optionable
• Beta: 0.90