Q1 EPS Estimates for NOG Increased by Capital One Financial

Northern Oil and Gas, Inc. (NYSE:NOG) – Research analysts at Capital One Financial increased their Q1 2025 EPS estimates for Northern Oil and Gas in a research note issued to investors on Wednesday, March 5th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $1.17 per share for the quarter, up from their previous estimate of $1.13. Capital One Financial currently has a “Equal Weight” rating on the stock. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.18 per share. Capital One Financial also issued estimates for Northern Oil and Gas’ Q2 2025 earnings at $1.13 EPS, Q3 2025 earnings at $1.14 EPS, Q4 2025 earnings at $1.21 EPS, FY2025 earnings at $4.64 EPS and FY2026 earnings at $4.36 EPS.

Several other research firms have also recently commented on NOG. Piper Sandler reduced their target price on Northern Oil and Gas from $37.00 to $35.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. Truist Financial increased their price objective on shares of Northern Oil and Gas from $52.00 to $55.00 and gave the company a “buy” rating in a research note on Monday, January 13th. Mizuho downgraded shares of Northern Oil and Gas from an “outperform” rating to a “neutral” rating and set a $47.00 target price for the company. in a research report on Monday, December 16th. Citigroup reduced 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, Royal Bank of Canada decreased their price target 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. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $46.89.

Northern Oil and Gas Price Performance

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

Northern Oil and Gas (NYSE:NOG) last announced its earnings results 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 business had revenue of $545.47 million for the quarter, compared to analyst estimates of $552.34 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of NOG. Raymond James Financial Inc. acquired a new position in shares of Northern Oil and Gas during the fourth quarter worth approximately $21,691,000. Channing Capital Management LLC boosted its position in Northern Oil and Gas by 26.8% during the 4th quarter. Channing Capital Management LLC now owns 1,766,623 shares of the company’s stock worth $65,648,000 after acquiring an additional 373,917 shares during the period. Bridgewater Associates LP grew its stake in shares of Northern Oil and Gas by 135.6% in the third quarter. Bridgewater Associates LP now owns 511,170 shares of the company’s stock worth $18,101,000 after purchasing an additional 294,223 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Northern Oil and Gas by 3.9% in the fourth quarter. American Century Companies Inc. now owns 6,537,596 shares of the company’s stock worth $242,937,000 after purchasing an additional 243,531 shares in the last quarter. Finally, Natixis acquired a new position in shares of Northern Oil and Gas during the fourth quarter valued at $7,503,000. Institutional investors own 98.80% of the company’s stock.

Insider Buying and Selling at Northern Oil and Gas

In related 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 sale, the president now owns 96,223 shares of the company’s stock, valued at $3,752,697. This trade represents a 0.86 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bahram Akradi acquired 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average price of $28.03 per share, for a total transaction of $1,121,200.00. Following the completion of the transaction, the director now owns 1,662,016 shares in the company, valued at $46,586,308.48. The trade was a 2.47 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.80% of the stock is currently owned by insiders.

Northern Oil and Gas Increases Dividend

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

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.