Q1 EPS Estimate for Northern Oil and Gas Lifted by Analyst

Northern Oil and Gas, Inc. (NYSE:NOG) – Investment analysts at Zacks Research lifted their Q1 2025 EPS estimates for Northern Oil and Gas in a research report issued to clients and investors on Wednesday, March 5th. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings per share of $1.20 for the quarter, up from their prior forecast of $1.18. 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’ Q4 2025 earnings at $1.22 EPS, FY2025 earnings at $4.70 EPS, Q1 2026 earnings at $1.07 EPS, Q3 2026 earnings at $1.20 EPS and FY2026 earnings at $4.74 EPS.

Northern Oil and Gas (NYSE:NOG) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $1.11 earnings per share for the quarter, missing the consensus estimate of $1.27 by ($0.16). Northern Oil and Gas had a net margin of 23.38% and a return on equity of 24.41%. The company had revenue of $545.47 million for the quarter, compared to analysts’ expectations of $552.34 million.

A number of other analysts also recently weighed in on NOG. Royal Bank of Canada dropped 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 report on Thursday, February 13th. Mizuho lowered shares of Northern Oil and Gas from an “outperform” rating to a “neutral” rating and set a $47.00 price objective for the company. in a report on Monday, December 16th. Citigroup reduced their target price on shares of Northern Oil and Gas from $55.00 to $45.00 and set a “buy” rating on the stock in a report on Tuesday, February 25th. Capital One Financial downgraded shares of Northern Oil and Gas from an “overweight” rating to an “equal weight” rating in a research note on Friday, February 21st. Finally, Piper Sandler cut their price target on shares of Northern Oil and Gas from $37.00 to $35.00 and set a “neutral” rating for the company in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Northern Oil and Gas currently has a consensus rating of “Hold” and an average target price of $46.89.

Northern Oil and Gas Trading Up 2.4 %

Shares of NOG stock opened at $27.53 on Monday. The business has a 50-day moving average price of $36.12 and a two-hundred day moving average price of $37.69. Northern Oil and Gas has a 12-month low of $26.59 and a 12-month high of $44.31. The company has a quick ratio of 1.23, a current ratio of 0.92 and a debt-to-equity ratio of 1.02. The firm has a market cap of $2.73 billion, a P/E ratio of 5.36 and a beta of 1.84.

Northern Oil and Gas Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, March 28th will be given a dividend of $0.45 per share. This is a positive change from Northern Oil and Gas’s previous quarterly dividend of $0.42. The ex-dividend date is Friday, March 28th. This represents a $1.80 dividend on an annualized basis and a yield of 6.54%. Northern Oil and Gas’s dividend payout ratio is presently 35.02%.

Insiders Place Their Bets

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

Institutional Trading of Northern Oil and Gas

A number of hedge funds have recently modified their holdings of NOG. Amalgamated Bank lifted its position in Northern Oil and Gas by 3.9% during the 3rd quarter. Amalgamated Bank now owns 29,290 shares of the company’s stock valued at $1,037,000 after acquiring an additional 1,108 shares during the period. Covestor Ltd increased its stake in shares of Northern Oil and Gas by 122.6% during the third quarter. Covestor Ltd now owns 1,903 shares of the company’s stock valued at $67,000 after purchasing an additional 1,048 shares in the last quarter. Versor Investments LP purchased a new position in shares of Northern Oil and Gas during the third quarter valued at approximately $503,000. Entropy Technologies LP bought a new stake in shares of Northern Oil and Gas in the 3rd quarter worth approximately $397,000. Finally, Aptus Capital Advisors LLC grew its stake in shares of Northern Oil and Gas by 15.6% in the 3rd quarter. Aptus Capital Advisors LLC now owns 190,068 shares of the company’s stock worth $6,730,000 after buying an additional 25,580 shares during the last quarter. Institutional investors own 98.80% of the company’s stock.

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.