Zacks Research Issues Positive Outlook for NOG Earnings

Northern Oil and Gas, Inc. (NYSE:NOG) – Equities researchers at Zacks Research increased their Q1 2025 EPS estimates for Northern Oil and Gas in a research note issued on Wednesday, March 5th. Zacks Research analyst N. Choudhury now anticipates that the company will earn $1.20 per share for the quarter, up from their previous 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 announced 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). The firm had revenue of $545.47 million during the quarter, compared to analysts’ expectations of $552.34 million. Northern Oil and Gas had a net margin of 23.38% and a return on equity of 24.41%.

NOG has been the subject of a number of other research reports. Royal Bank of Canada decreased their price objective on shares of Northern Oil and Gas from $45.00 to $40.00 and set a “sector perform” rating for the company in a report on Thursday, February 13th. Capital One Financial downgraded shares of Northern Oil and Gas from an “overweight” rating to an “equal weight” rating in a report on Friday, February 21st. Morgan Stanley set a $43.00 price objective on shares of Northern Oil and Gas in a report on Wednesday, January 22nd. Citigroup lowered their price target on shares of Northern Oil and Gas from $55.00 to $45.00 and set a “buy” rating on the stock in a research report on Tuesday, February 25th. Finally, Mizuho downgraded 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. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $46.89.

Northern Oil and Gas Stock Performance

Shares of NOG stock opened at $27.98 on Monday. Northern Oil and Gas has a one year low of $26.59 and a one year high of $44.31. The firm has a 50-day moving average of $35.77 and a 200-day moving average of $37.54. 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 company has a market cap of $2.77 billion, a P/E ratio of 5.44 and a beta of 1.84.

Institutional Trading of Northern Oil and Gas

Several hedge funds and other institutional investors have recently bought and sold shares of NOG. Legacy Investment Solutions LLC purchased a new stake in shares of Northern Oil and Gas during the third quarter valued at approximately $25,000. Headlands Technologies LLC purchased a new stake in shares of Northern Oil and Gas during the fourth quarter valued at approximately $29,000. Blue Trust Inc. boosted its stake in shares of Northern Oil and Gas by 177.2% during the fourth quarter. Blue Trust Inc. now owns 1,253 shares of the company’s stock valued at $44,000 after purchasing an additional 801 shares during the period. Avior Wealth Management LLC boosted its stake in shares of Northern Oil and Gas by 23.3% during the fourth quarter. Avior Wealth Management LLC now owns 1,372 shares of the company’s stock valued at $51,000 after purchasing an additional 259 shares during the period. Finally, SBI Securities Co. Ltd. bought a new position in shares of Northern Oil and Gas during the fourth quarter valued at approximately $66,000. Hedge funds and other institutional investors own 98.80% of the company’s stock.

Insider Transactions at Northern Oil and Gas

In other Northern Oil and Gas news, President Adam A. Dirlam sold 836 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $39.00, for a total value of $32,604.00. Following the completion of the sale, the president now owns 96,223 shares of the company’s stock, valued at $3,752,697. This represents 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 the SEC website. Also, CEO Nicholas L. O’grady bought 1,000 shares of the business’s stock in a transaction on Friday, March 7th. The stock was purchased at an average cost of $27.48 per share, with a total value of $27,480.00. Following the purchase, the chief executive officer now owns 226,189 shares of the company’s stock, valued at $6,215,673.72. This represents a 0.44 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.80% of the stock is owned by insiders.

Northern Oil and Gas Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, March 28th will be issued 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 annualized dividend and a dividend yield of 6.43%. Northern Oil and Gas’s payout ratio is presently 35.02%.

Northern Oil and Gas declared that its Board of Directors has approved a share repurchase plan on Tuesday, March 11th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to buy up to 3.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Northern Oil and Gas Company Profile

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.