Northern Oil and Gas (NOG) Projected to Release Quarterly Earnings on Thursday

Northern Oil and Gas (NYSE:NOG) is expected to announce its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect Northern Oil and Gas to post earnings of $1.09 per share and revenue of $617.68 million for the quarter. Individuals can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, November 6, 2026 at 9:00 AM ET.

Northern Oil and Gas (NYSE:NOG) last released its earnings results on Thursday, August 6th. The company reported $1.13 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.05). The firm had revenue of $745.24 million during the quarter, compared to the consensus estimate of $594.09 million. Northern Oil and Gas had a negative net margin of 25.35% and a positive return on equity of 18.69%. The company’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.37 EPS. On average, analysts expect Northern Oil and Gas to post $3.84 EPS for the current fiscal year and $4.87 EPS for the next fiscal year.

Northern Oil and Gas Price Performance

Shares of NOG opened at $24.99 on Wednesday. The stock has a market capitalization of $2.66 billion, a P/E ratio of -4.83 and a beta of 0.85. Northern Oil and Gas has a twelve month low of $17.18 and a twelve month high of $31.17. The company has a 50 day moving average of $25.69 and a 200-day moving average of $24.54. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.37.

Analysts Set New Price Targets

Several brokerages recently commented on NOG. Weiss Ratings upgraded shares of Northern Oil and Gas from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday. Morgan Stanley reiterated an “underweight” rating and issued a $26.00 price target (up from $25.00) on shares of Northern Oil and Gas in a research note on Thursday, October 15th. Raymond James Financial reiterated an “outperform” rating and issued a $34.00 price target on shares of Northern Oil and Gas in a research note on Wednesday, October 28th. Citigroup boosted their price target on shares of Northern Oil and Gas from $28.00 to $32.00 and gave the stock a “buy” rating in a research report on Thursday, October 15th. Finally, Mizuho increased their price objective on shares of Northern Oil and Gas from $29.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 14th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $31.56.

About Northern Oil and Gas

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.