Northern Oil & Gas Company Profile (NYSEMKT:NOG)

About Northern Oil & Gas

Northern Oil & Gas logoNorthern Oil and Gas, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas properties, primarily in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana. The Company holds working interests in over 2,630 gross (204.3 net) producing wells, including over 2,630 wells targeting the Bakken and Three Forks formations and over two wells targeting other formations. The Company leases approximately 165,910 net acres, all located in the Williston Basin. The Company engages in oil exploration and production through non-operated working interests in wells drilled and completed in spacing units that include its acreage. The Company's proved reserves are approximately 65.3 million barrels of oil equivalent (MMBoe).

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil Gas & Consumable Fuels
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NYSEMKT
  • Symbol: NOG
  • CUSIP: 66553110
Key Metrics:
  • Previous Close: $3.05
  • 50 Day Moving Average: $3.35
  • 200 Day Moving Average: $2.87
  • 52-Week Range: $1.55 - $5.85
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 38.13
  • P/E Growth: 3.21
  • Market Cap: $186.78M
  • Outstanding Shares: 61,239,000
  • Beta: 1.1
Additional Links:
Companies Related to Northern Oil & Gas:

Analyst Ratings

Consensus Ratings for Northern Oil & Gas (NYSEMKT:NOG) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings
Consensus Rating:Hold (Score: 1.83)
Consensus Price Target: $4.00

Analysts' Ratings History for Northern Oil & Gas (NYSEMKT:NOG)
Show:
DateFirmActionRatingPrice TargetDetails
2/11/2017Canaccord GenuitySet Price TargetHold$3.00View Rating Details
12/15/2016RBC Capital MarketsDowngradeOutperform -> Sector Perform$4.00View Rating Details
12/15/2016Royal Bank of CanadaDowngradeOutperform -> Sector Perform$4.00View Rating Details
5/20/2016WunderlichBoost Price TargetHold$4.00 -> $5.00View Rating Details
5/12/2016National SecuritiesDowngradeBuy -> Neutral$6.00 -> $5.00View Rating Details
3/30/2016Seaport Global SecuritiesDowngradeNeutral -> SellView Rating Details
9/8/2015Cowen and CompanyDowngradeMarket Perform -> Underperform$5.00 -> $4.00View Rating Details
8/7/2015SunTrust Banks, Inc.Lower Price Target$6.00 -> $5.00View Rating Details
8/7/2015BMO Capital MarketsReiterated RatingMarket Perform$7.00 -> $5.50View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Northern Oil & Gas (NYSEMKT:NOG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/1/2017Q416$0.04$52.11 millionN/AView Earnings Details
11/8/2016Q316($0.01)$0.04$51.99 million$41.70 millionViewListenView Earnings Details
8/4/2016Q216$0.05$0.10$55.82 million$32.10 millionViewN/AView Earnings Details
5/9/2016Q116($0.03)$0.01$53.00 million$31.84 millionViewN/AView Earnings Details
3/2/2016Q415$0.23$0.25$83.88 million$56.91 millionViewN/AView Earnings Details
11/5/2015Q315$0.17$0.24$85.78 million$49.80 millionViewListenView Earnings Details
8/5/2015Q215$0.11$0.19$88.25 million$40.80 millionViewListenView Earnings Details
5/7/2015Q115$0.12$0.10$86.70 million$76.10 millionViewN/AView Earnings Details
2/26/2015Q414$0.19$1.71$103.12 million$94.46 millionViewN/AView Earnings Details
11/6/2014Q314$0.26$0.26$111.00 million$119.20 millionViewN/AView Earnings Details
8/7/2014Q214$0.23$0.29$98.83 million$74.60 millionViewN/AView Earnings Details
5/8/2014Q114$0.24$0.19$93.76 million$82.12 millionViewN/AView Earnings Details
2/27/2014Q413$0.27$0.22$98.45 million$101.90 millionViewN/AView Earnings Details
11/7/2013Q313$0.32$0.32$98.27 million$107.20 millionViewN/AView Earnings Details
8/8/2013Q2 2013$0.27$0.23$85.89 million$96.16 millionViewN/AView Earnings Details
5/6/2013Q1 2013$0.27$0.29$83.20 million$67.90 millionViewN/AView Earnings Details
2/28/2013Q4 2012$0.27$0.34$83.55 million$81.75 millionViewN/AView Earnings Details
11/8/2012$0.26$0.27$81.19 million$60.10 millionViewN/AView Earnings Details
8/9/2012$0.23$0.70ViewN/AView Earnings Details
5/7/2012$0.24$0.14ViewN/AView Earnings Details
2/29/2012$0.24$0.21ViewN/AView Earnings Details
11/9/2011$0.22$0.46ViewN/AView Earnings Details
8/9/2011$0.19$0.33ViewN/AView Earnings Details
5/10/2011$0.18$0.09ViewN/AView Earnings Details
3/2/2011$0.15$0.13ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Northern Oil & Gas (NYSEMKT:NOG)
Current Year EPS Consensus Estimate: $0.19 EPS
Next Year EPS Consensus Estimate: $0.08 EPS

Dividends

Dividend History for Northern Oil & Gas (NYSEMKT:NOG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Northern Oil & Gas (NYSEMKT:NOG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/25/2016Robert B RowlingMajor ShareholderBuy259,520$2.66$690,323.20View SEC Filing  
2/23/2016Robert B RowlingMajor ShareholderBuy498,804$2.72$1,356,746.88View SEC Filing  
2/18/2016Robert B. Rowlingmajor shareholderBuy371,495$2.97$1,103,340.15View SEC Filing  
2/12/2016Robert B. Rowlingmajor shareholderBuy446,521$2.84$1,268,119.64View SEC Filing  
2/9/2016Robert B. Rowlingmajor shareholderBuy420,090$2.86$1,201,457.40View SEC Filing  
2/4/2016Robert B. Rowlingmajor shareholderBuy361,126$3.05$1,101,434.30View SEC Filing  
2/1/2016Robert B. Rowlingmajor shareholderBuy455,601$3.14$1,430,587.14View SEC Filing  
1/21/2016Robert B. Rowlingmajor shareholderBuy700,000$2.50$1,750,000.00View SEC Filing  
1/15/2016Robert B. Rowlingmajor shareholderBuy780,724$2.95$2,303,135.80View SEC Filing  
1/12/2016Robert B. Rowlingmajor shareholderBuy436,682$3.13$1,366,814.66View SEC Filing  
12/11/2015Robert B RowlingMajor ShareholderBuy151,551$4.22$639,545.22View SEC Filing  
12/10/2015Robert B. Rowlingmajor shareholderBuy1,344,401$4.08$5,485,156.08View SEC Filing  
12/4/2014Donald Phillip BensonInsiderBuy25,000$0.01$250.00
11/27/2014Barry Gordon PalkaDirectorBuy35,000$0.01$350.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Northern Oil & Gas (NYSEMKT:NOG)
DateHeadline
News IconStock Watch for Northern Oil and Gas Inc (NOG) - Baxter Review (NYSEMKT:NOG)
baxternewsreview.com - February 24 at 9:04 AM
News IconWatching the Levels: Northern Oil and Gas, Inc. (AMEX:NOG) - BVN (NYSEMKT:NOG)
bvnewsjournal.com - February 23 at 6:54 PM
News IconShares in View: Northern Oil and Gas Inc. (NOG) - Benton Bulletin (NYSEMKT:NOG)
bentonbulletin.com - February 17 at 4:31 PM
nasdaq.com logoChesapeake Energy Releases 2017 Capital Budget Estimates - Nasdaq (NYSEMKT:NOG)
www.nasdaq.com - February 17 at 8:24 AM
finance.yahoo.com logoNorthern Oil and Gas, Inc. Announces Fourth Quarter and Year-End 2016 Earnings Release and Conference Call - Yahoo Finance (NYSEMKT:NOG)
finance.yahoo.com - February 17 at 8:24 AM
us.rd.yahoo.com logoNorthern Oil and Gas, Inc. Announces Fourth Quarter and Year-End 2016 Earnings Release and Conference Call (NYSEMKT:NOG)
us.rd.yahoo.com - February 16 at 6:26 PM
thestreet.com logoNorthern Oil & Gas Reaches Analyst Target Price (NYSEMKT:NOG)
www.thestreet.com - February 13 at 8:02 PM
finance.yahoo.com logoCloud Peak (CLD) Q4 Earnings: What's in Store for the Stock? (NYSEMKT:NOG)
finance.yahoo.com - February 13 at 9:49 AM
News IconInvestor Update on Shares of Northern Oil and Gas, Inc. (AMEX ... - Benton Bulletin (NYSEMKT:NOG)
bentonbulletin.com - February 11 at 12:47 AM
News IconNostrum Oil & Gas (LON:NOG) Broker Price Targets (NYSEMKT:NOG)
xboxonezone.com - February 7 at 9:26 PM
finance.yahoo.com logoCabot Oil & Gas (COG) Looks Good: Stock Moves 10.7% Higher (NYSEMKT:NOG)
finance.yahoo.com - February 7 at 9:24 AM
marketrealist.com logoOil Traders Focus on US Crude Oil Inventories (NYSEMKT:NOG)
marketrealist.com - February 1 at 7:57 PM
News IconInvestor Watch on Shares of Northern Oil and Gas, Inc. (AMEX:NOG) - The Tribune (NYSEMKT:NOG)
lakecitytribune.com - January 31 at 12:33 AM
marketrealist.com logoDecoding US Crude Oil Prices in the Last 12 Months (NYSEMKT:NOG)
marketrealist.com - January 30 at 9:00 AM
News IconWhat Are the Numbers Saying About: Northern Oil and Gas, Inc. (AMEX:NOG) - Gilbert Daily (NYSEMKT:NOG)
gilbertdaily.com - January 30 at 12:23 AM
prnewswire.com logoNorthern Oil and Gas, Inc. Appoints Michael Popejoy of TRT Holdings, Inc. to Board of Directors - PR Newswire (press release) (NYSEMKT:NOG)
www.prnewswire.com - January 30 at 12:23 AM
finance.yahoo.com logoNorthern Oil and Gas, Inc. Appoints Michael Popejoy of TRT Holdings, Inc. to Board of Directors (NYSEMKT:NOG)
finance.yahoo.com - January 28 at 3:43 AM
finance.yahoo.com logo5:16 pm Northern Oil & Gas confirms that TRT Holdings' Michael Popejoy has been appointed to Northern's board of directors (NYSEMKT:NOG)
finance.yahoo.com - January 28 at 3:43 AM
biz.yahoo.com logoNORTHERN OIL & GAS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Princ (NYSEMKT:NOG)
biz.yahoo.com - January 28 at 3:43 AM
News IconStock Seesawing as Volatility Sweeps in on Northern Oil and Gas, Inc. (:NOG) - Wall Street Beacon (NYSEMKT:NOG)
wsbeacon.com - January 27 at 4:27 AM
News IconErratic Volume Stretches This Stock Mid-Session: Northern Oil and Gas, Inc. (:NOG) - Wall Street Beacon (NYSEMKT:NOG)
wsbeacon.com - January 25 at 12:40 AM
News IconPriming The Pump: Stock Volatility Spotted in Northern Oil and Gas, Inc. (:NOG) - Wall Street Beacon (NYSEMKT:NOG)
wsbeacon.com - January 23 at 7:10 PM
News IconStock Going Gangbusters Mid-Session: Northern Oil and Gas, Inc. (:NOG) - Wall Street Beacon (NYSEMKT:NOG)
wsbeacon.com - January 23 at 7:10 PM
reuters.com logoBRIEF-Elliott Associates, affiliates report 6.9 pct passive stake in Northern Oil and Gas (NYSEMKT:NOG)
in.reuters.com - January 20 at 7:39 PM
News IconCommit To Buy Northern Oil & Gas At $3, Earn 29% Annualized Using Options (NYSEMKT:NOG)
www.stockoptionschannel.com - January 20 at 7:39 PM
News IconNext Weeks Broker Price Targets For Northern Oil And Gas, Inc. (NOG) (NYSEMKT:NOG)
larampadinapoli.com - January 20 at 7:39 PM
capitalcube.com logoETFs with exposure to Northern Oil & Gas, Inc. : January 20, 2017 (NYSEMKT:NOG)
www.capitalcube.com - January 20 at 7:39 PM
zacks.com logoCan the Rally in Northern Oil and Gas (NOG) Shares Continue? (NYSEMKT:NOG)
www.zacks.com - January 20 at 4:15 AM
marketrealist.com logoWill API Crude Oil Inventories Boost Crude Oil Prices? (NYSEMKT:NOG)
marketrealist.com - January 18 at 7:27 PM
News IconStock Mounting Higher in Afternoon Session: Northern Oil and Gas, Inc. (:NOG) - Wall Street Beacon (NYSEMKT:NOG)
wsbeacon.com - January 18 at 8:42 AM
News IconIndependent Oil & Gas PLC (IOG) Stock Rating Reaffirmed by VSA Capital (NYSEMKT:NOG)
diariocatolico.net - January 17 at 11:27 AM
News IconWith An ROE Of 179.8%, Has Northern Oil and Gas Inc's (NOG) Management Done A Good Job? - Simply Wall St (NYSEMKT:NOG)
simplywall.st - January 16 at 7:24 PM
nasdaq.com logoIs Northern Oil and Gas (NOG) Stock a Solid Choice Right Now? - Nasdaq (NYSEMKT:NOG)
www.nasdaq.com - January 15 at 6:26 PM
News IconTrending Stocks Alert: Skechers USA, Inc. (NYSE ... - Newburgh Press - The Newburgh Press (NYSEMKT:NOG)
newburghpress.com - January 14 at 1:20 AM
finance.yahoo.com logoIs Northern Oil and Gas (NOG) Stock a Solid Choice Right Now? (NYSEMKT:NOG)
finance.yahoo.com - January 13 at 8:16 PM
News IconStock Reaching Most Volatile List Today: Northern Oil and Gas, Inc. (:NOG) - Wall Street Beacon (NYSEMKT:NOG)
wsbeacon.com - January 11 at 7:28 PM
News IconIs There a Spark Ahead for Northern Oil and Gas, Inc. (:NOG) - Prospect Journal (NYSEMKT:NOG)
prospectjournal.com - December 30 at 8:15 AM
marketrealist.com logoEIA and API’s Crude Oil Inventories Impact Oil Prices (NYSEMKT:NOG)
marketrealist.com - December 29 at 6:51 PM
capitalcube.com logoETFs with exposure to Northern Oil & Gas, Inc. : December 27, 2016 (NYSEMKT:NOG)
www.capitalcube.com - December 27 at 6:45 PM
marketrealist.com logoUS Diesel Futures Follow Crude Oil Prices (NYSEMKT:NOG)
marketrealist.com - December 23 at 7:02 PM
marketrealist.com logoUS Inventories and Libya Impact Crude Oil Prices (NYSEMKT:NOG)
marketrealist.com - December 22 at 7:09 PM
News IconChecking ROIC Numbers for Northern Oil and Gas, Inc. (AMEX:NOG) - OIB News (NYSEMKT:NOG)
oibnews.com - December 22 at 12:43 AM
News IconStock in Focus: Northern Oil and Gas, Inc. (AMEX:NOG) - Liberty News (NYSEMKT:NOG)
libertynewsrecord.com - December 21 at 11:15 AM
News IconShares in Focus: Northern Oil and Gas, Inc. (AMEX:NOG) - OIB News (NYSEMKT:NOG)
oibnews.com - December 20 at 12:50 PM
News IconWatching the Charts on Northern Oil and Gas Inc. (NOG) - Yankee Analysts (NYSEMKT:NOG)
yankeeanalysts.com - December 20 at 12:50 PM
marketrealist.com logoWhat to Watch for in the Energy Sector This Week (NYSEMKT:NOG)
marketrealist.com - December 19 at 9:30 AM
News IconCompany Stock Watch: Northern Oil and Gas, Inc. (AMEX:NOG) - Business Daily Leader (NYSEMKT:NOG)
businessdailyleader.com - December 18 at 7:08 PM
News IconNorthern Oil and Gas, Inc. (AMEX:NOG) reported Market Capitalization of 188.56 Million - The Newburgh Press (NYSEMKT:NOG)
newburghpress.com - December 15 at 7:47 PM
News IconMarket Spotlight: Focusing on Shares of Northern Oil and Gas, Inc. (AMEX:NOG) - OIB News (NYSEMKT:NOG)
oibnews.com - December 15 at 7:47 PM
finance.yahoo.com logoNorthern Oil & Gas downgraded by RBC Capital Mkts (NYSEMKT:NOG)
finance.yahoo.com - December 15 at 7:47 PM

Social

What is Northern Oil & Gas' stock symbol?

Northern Oil & Gas trades on the New York Stock Exchange (NYSE)MKT under the ticker symbol "NOG."

Where is Northern Oil & Gas' stock going? Where will Northern Oil & Gas' stock price be in 2017?

6 equities research analysts have issued twelve-month price targets for Northern Oil & Gas' stock. Their forecasts range from $3.00 to $5.00. On average, they expect Northern Oil & Gas' stock price to reach $4.00 in the next year.

When will Northern Oil & Gas announce their earnings?

Northern Oil & Gas is scheduled to release their next quarterly earnings announcement on Tuesday, February, 28th 2017.

What are analysts saying about Northern Oil & Gas stock?

Here are some recent quotes from research analysts about Northern Oil & Gas stock:

  • According to Zacks Investment Research, "NORTHRN OIL & GAS, Inc. is an exploration and production company based in Wayzata, Minnesota. Northern Oil's core area of focus is the Williston Basin, specifically the Mountrail County, North Dakota area Bakken Play. Northern Oil's secondary objective is conventional, 3D driven, oil and gas exploration and development throughout the Rocky Mountain region. " (1/11/2017)

  • National Securities analysts commented, "Northern saw its quarterly production decline in 1Q16, as 3rd party operators curtailed production. For the quarter, Northern produced 13.6 thousand barrels of oil equivalent per day (Mboe/d), 6% lower than our projection of 14.5 Mboe/d, but within its range of guidance. Moreover, we recognize a 14% sequential decline, driven by the decisions of its 3rd party operators to slow production in the quarter. Investors should certainly view this as a response to persistently low oil prices, while recognizing this as a vulnerability for Northern (due to its non-operated business model). Still, with the aforementioned "non-op" model, it provides Northern the flexibility to pick and choose only those wells which surpass the company’s 25% return benchmark. As it relates to pricing, Northern earned $47.48 per barrel (bbl) of oil in 1Q16, 29% lower on a sequential basis but 38% higher than the benchmark price for WTI crude during the quarter. We attribute the positive spread to Northern’s consistently active hedging program.

    The lack of 2017 hedges, signals to us that Northern may be anticipating an overall improvement in oil prices. Where we generally see Northern, hedged anywhere from 12-18 months out, we note the absence of any 2017 positions at this point. With North American rig counts reaching 50 year lows, we suspect that Northern is anticipating an increase in oil prices, which in terms of hedging, allows them to lock in higher prices (and resultant cash flow), if they remain patient. Still, for 2Q16 we note 5,000 bbls per day hedged at $90 bbl, along with 5,000 bbls per day hedged in the 3rd and 4th quarters, at $65 per bbl (46% higher than current prices).

    We trim our price target to $5, and thus downgrade Northern to NEUTRAL given its current price. Given our $5 target, we now see just 6% of additional upside, moving the issue into NEUTRAL territory, given our methodology. We value Northern on the basis of daily production, proved reserves, and projected EBITDA. We make additional balance sheet adjustments, to account for net debt, as well as a working capital deficit.
    " (5/12/2016)

Who owns Northern Oil & Gas stock?

Northern Oil & Gas' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Elliott Management Corp (4.00%), State Street Corp (2.01%), FMR LLC (1.90%), Dimensional Fund Advisors LP (1.75%), Oxford Asset Management (0.81%) and Renaissance Technologies LLC (0.54%).

Who sold Northern Oil & Gas stock? Who is selling Northern Oil & Gas stock?

Northern Oil & Gas' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Oxford Asset Management, Putnam Investments LLC and New York State Teachers Retirement System.

Who bought Northern Oil & Gas stock? Who is buying Northern Oil & Gas stock?

Northern Oil & Gas' stock was bought by a variety of institutional investors in the last quarter, including Elliott Management Corp, A.R.T. Advisors LLC, AQR Capital Management LLC, State Street Corp and Comerica Bank.

How do I buy Northern Oil & Gas stock?

Shares of Northern Oil & Gas can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Northern Oil & Gas stock cost?

One share of Northern Oil & Gas stock can currently be purchased for approximately $3.05.


Last Updated on 2/25/2017 by MarketBeat.com Staff