Q1 Earnings Estimate for NOG Issued By Capital One Financial

Northern Oil and Gas, Inc. (NYSE:NOG) – Equities researchers at Capital One Financial lifted their Q1 2025 earnings estimates for Northern Oil and Gas in a research note issued to investors on Wednesday, January 29th. Capital One Financial analyst P. Johnston now expects that the company will post earnings of $1.26 per share for the quarter, up from their prior estimate of $1.25. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.32 per share. Capital One Financial also issued estimates for Northern Oil and Gas’ Q2 2025 earnings at $1.29 EPS, Q3 2025 earnings at $1.42 EPS and Q4 2025 earnings at $1.51 EPS.

Several other equities analysts also recently commented on the stock. Royal Bank of Canada restated a “sector perform” rating and issued a $45.00 price target on shares of Northern Oil and Gas in a research note on Friday, January 10th. Mizuho lowered shares of Northern Oil and Gas from an “outperform” rating to a “neutral” rating and set a $47.00 target price on the stock. in a research report on Monday, December 16th. Piper Sandler dropped 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. Finally, Truist Financial increased their price target 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. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Northern Oil and Gas has a consensus rating of “Hold” and an average target price of $47.56.

Northern Oil and Gas Trading Down 3.3 %

Shares of NYSE:NOG opened at $35.93 on Thursday. Northern Oil and Gas has a 12-month low of $31.13 and a 12-month high of $44.31. The business has a 50 day moving average of $39.62 and a 200-day moving average of $38.81. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.84. The stock has a market cap of $3.59 billion, a PE ratio of 4.31 and a beta of 1.85.

Northern Oil and Gas (NYSE:NOG) last issued its earnings results on Tuesday, November 5th. The company reported $1.40 EPS for the quarter, topping the consensus estimate of $1.20 by $0.20. Northern Oil and Gas had a return on equity of 27.52% and a net margin of 33.44%. The company had revenue of $753.64 million during the quarter, compared to the consensus estimate of $540.23 million. During the same period in the previous year, the company posted $1.73 EPS. The firm’s revenue for the quarter was up 140.0% compared to the same quarter last year.

Institutional Investors Weigh In On Northern Oil and Gas

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Xponance Inc. raised its stake in Northern Oil and Gas by 18.4% during the second quarter. Xponance Inc. now owns 6,294 shares of the company’s stock worth $234,000 after buying an additional 977 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in Northern Oil and Gas by 10.2% during the second quarter. The Manufacturers Life Insurance Company now owns 56,288 shares of the company’s stock worth $2,092,000 after purchasing an additional 5,192 shares during the period. Algert Global LLC bought a new stake in shares of Northern Oil and Gas in the 2nd quarter valued at $340,000. Creative Planning increased its stake in Northern Oil and Gas by 80.6% in the second quarter. Creative Planning now owns 23,712 shares of the company’s stock valued at $881,000 after purchasing an additional 10,580 shares in the last quarter. Finally, Quarry LP boosted its holdings in Northern Oil and Gas by 338.8% in the second quarter. Quarry LP now owns 1,132 shares of the company’s stock worth $42,000 after acquiring an additional 874 shares in the last quarter. 98.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, President Adam A. Dirlam sold 836 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $39.00, for a total value of $32,604.00. Following the completion of the transaction, the president now 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 1,836 shares of company stock worth $72,869 over the last three months. Insiders own 2.80% of the company’s stock.

Northern Oil and Gas Increases Dividend

The company also recently disclosed 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 an increase from Northern Oil and Gas’s previous quarterly dividend of $0.42. This represents a $1.80 annualized dividend and a yield of 5.01%. The ex-dividend date is Friday, March 28th. Northern Oil and Gas’s payout ratio is currently 21.61%.

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.