Zacks Research Brokers Decrease Earnings Estimates for NOG

Northern Oil and Gas, Inc. (NYSE:NOG) – Investment analysts at Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for shares of Northern Oil and Gas in a note issued to investors on Wednesday, March 5th. Zacks Research analyst N. Choudhury now expects that the company will post earnings of $1.13 per share for the quarter, down from their previous forecast of $1.20. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.18 per share. Zacks Research also issued estimates for Northern Oil and Gas’ Q3 2025 earnings at $1.14 EPS, Q2 2026 earnings at $1.14 EPS, Q4 2026 earnings at $1.32 EPS and FY2027 earnings at $4.79 EPS.

Several other research analysts have also recently commented on NOG. Royal Bank of Canada lowered their target price on Northern Oil and Gas from $45.00 to $40.00 and set a “sector perform” rating for the company in a research note on Thursday, February 13th. Morgan Stanley set a $43.00 price objective on Northern Oil and Gas in a research report on Wednesday, January 22nd. Truist Financial upped their price objective on Northern Oil and Gas from $52.00 to $55.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. Capital One Financial cut Northern Oil and Gas from an “overweight” rating to an “equal weight” rating in a research report on Friday, February 21st. Finally, Mizuho cut Northern Oil and Gas from an “outperform” rating to a “neutral” rating and set a $47.00 price objective for the company. in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Northern Oil and Gas has a consensus rating of “Hold” and an average target price of $46.89.

Northern Oil and Gas Trading Up 2.4 %

NOG opened at $27.53 on Friday. Northern Oil and Gas has a 12 month low of $26.59 and a 12 month high of $44.31. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of 5.36 and a beta of 1.84. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.92 and a quick ratio of 1.23. The business has a fifty day moving average price of $36.12 and a 200 day moving average price of $37.69.

Northern Oil and Gas (NYSE:NOG) last released its earnings results on Wednesday, February 19th. The company reported $1.11 EPS for the quarter, missing the consensus estimate of $1.27 by ($0.16). Northern Oil and Gas had a return on equity of 24.41% and a net margin of 23.38%. The company had revenue of $545.47 million for the quarter, compared to analyst estimates of $552.34 million.

Institutional Trading of Northern Oil and Gas

Several institutional investors and hedge funds have recently added to or reduced their stakes in NOG. Legacy Investment Solutions LLC purchased a new stake in Northern Oil and Gas during the 3rd quarter valued at approximately $25,000. Headlands Technologies LLC purchased a new position in shares of Northern Oil and Gas during the 4th quarter worth approximately $29,000. Blue Trust Inc. raised its stake in shares of Northern Oil and Gas by 177.2% during the 4th quarter. Blue Trust Inc. now owns 1,253 shares of the company’s stock worth $44,000 after buying an additional 801 shares in the last quarter. Avior Wealth Management LLC raised its stake in shares of Northern Oil and Gas by 23.3% during the 4th quarter. Avior Wealth Management LLC now owns 1,372 shares of the company’s stock worth $51,000 after buying an additional 259 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Northern Oil and Gas during the 4th quarter worth approximately $66,000. 98.80% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Northern Oil and Gas

In related news, Director Bahram Akradi acquired 40,000 shares of Northern Oil and Gas stock in a transaction on Tuesday, March 4th. The stock was purchased at an average cost of $28.03 per share, with a total value of $1,121,200.00. Following the purchase, the director now directly owns 1,662,016 shares in the company, valued at approximately $46,586,308.48. The trade was a 2.47 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Adam A. Dirlam sold 836 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $39.00, for a total value of $32,604.00. Following the sale, the president now directly owns 96,223 shares of the company’s stock, valued at approximately $3,752,697. This represents a 0.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.80% of the company’s stock.

Northern Oil and Gas Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, March 28th will be given a $0.45 dividend. The ex-dividend date of this dividend is Friday, March 28th. This is a boost from Northern Oil and Gas’s previous quarterly dividend of $0.42. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.54%. Northern Oil and Gas’s dividend payout ratio is 35.02%.

About Northern Oil and Gas

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.