Northern Oil And Gas (NOG)
NYSE:NOG
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NOG Stock Chart & Stats
$24.55
$0.17(0.43%)
At close: 4:00 PM EST
$24.55
$0.17(0.43%)
Day’s Range― - ―
52-Week Range$20.18 - $32.62
Previous CloseN/A
Volume217.02K
Average Volume (3M)2.86M
Market Cap
$2.84B
Enterprise Value$5.35B
Total Cash (Recent Filing)$37.04M
Total Debt (Recent Filing)$2.55B
Price to Earnings (P/E)―
Beta0.81
Next Earnings
Jul 30, 2026EPS Estimate
0.92Next Dividend Ex-DateN/A
Dividend Yield8.18%
Share Statistics
EPS (TTM)-6.32
Shares Outstanding105,791,120
10 Day Avg. Volume2,218,830
30 Day Avg. Volume2,857,314
Financial Highlights & Ratios
PEG Ratio-0.59
Price to Book (P/B)0.99
Price to Sales (P/S)1.00
P/FCF Ratio8.30
Enterprise Value/Market Cap1.89
Enterprise Value/Revenue2.60
Enterprise Value/Gross Profit8.50
Enterprise Value/Ebitda5.53
Forecast
1Y Price Target
$32.13Price Target Upside30.89% Upside
Rating ConsensusHold
Number of Analyst Covering8
EPS Forecast (FY)3.59
Revenue Forecast (FY)$2.00B
Bulls Say, Bears Say
Bulls Say
Bakken Production RecoveryHigher oil prices have caused previously curtailed Bakken volumes to return earlier than expected, increasing the company's production and free cash flow.
Balance Sheet Improvement Via Equity IssuanceA recent primary equity issuance raised meaningful capital that modestly diluted shareholders while materially reducing leverage and improving financial flexibility.
Hedging Opportunity From Unhedged VolumesA large portion of oil production remains unhedged, allowing the company to layer on hedges to lock in higher forward prices and stabilize future cash flows, according to analysts.
Bears Say
Operator Activity And Service‑provider LagCautious behavior by shale operators combined with lagging service‑provider responses could delay drilling approvals and slow potential production growth.
Shareholder Dilution From Equity OfferingThe recent equity issuance is modestly dilutive to estimated per‑share fair value, reducing share‑level metrics despite its benefit to the balance sheet.
Waha Pricing Pressure In PermianDeeply negative Waha pricing is expected to sustain curtailments in Permian operations, constraining production from that basin and limiting revenue upside.
Northern Oil And Gas News
NOG FAQ
What was Northern Oil And Gas’s price range in the past 12 months?
Northern Oil And Gas lowest stock price was $20.18 and its highest was $32.62 in the past 12 months.
What is Northern Oil And Gas’s market cap?
Northern Oil And Gas’s market cap is $2.84B.
When is Northern Oil And Gas’s upcoming earnings report date?
Northern Oil And Gas’s upcoming earnings report date is Jul 30, 2026 which is in 86 days.
How were Northern Oil And Gas’s earnings last quarter?
Northern Oil And Gas released its earnings results on Apr 28, 2026. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.682 by $0.058.
Is Northern Oil And Gas overvalued?
According to Wall Street analysts Northern Oil And Gas’s price is currently Undervalued.
Does Northern Oil And Gas pay dividends?
Northern Oil And Gas pays a Quarterly dividend of $0.45 which represents an annual dividend yield of 8.18%. See more information on Northern Oil And Gas dividends here
What is Northern Oil And Gas’s EPS estimate?
Northern Oil And Gas’s EPS estimate is 0.92.
How many shares outstanding does Northern Oil And Gas have?
Northern Oil And Gas has 105,791,120 shares outstanding.
What happened to Northern Oil And Gas’s price movement after its last earnings report?
Northern Oil And Gas reported an EPS of $0.74 in its last earnings report, beating expectations of $0.682. Following the earnings report the stock price went up 1.415%.
Which hedge fund is a major shareholder of Northern Oil And Gas?
Currently, no hedge funds are holding shares in NOG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Northern Oil And Gas Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$32.13 (30.89% Upside)
$32.13 (30.89% Upside)
Blogger Sentiment
Bullish
NOG Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Decreased
By 370.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.6%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
News Sentiment
Bearish
Bullish news 33%
Bearish news 67%
Bearish news 67%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.55%
12-Months-Change
Fundamentals
Return on Equity
-29.09%
Trailing 12-Months
Asset Growth
-2.82%
Trailing 12-Months
Company Description
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. The company primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. As of December 31, 2021, it owned working interests in 7,436 gross producing wells; and had proved reserves of 287,682 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.
NOG Company Deck
NOG Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized operational momentum — record quarterly production (+6% sequential), a record ground game (41 deals, >5,100 acres), a strengthened balance sheet (>$1.2B liquidity, $230M equity raise), and an improved M&A/backlog pipeline (> $10B reviewed). These positive signals were offset by large noncash accounting hits (≈$521M MTM loss on derivatives and a $268M impairment), continued weak gas realizations (≈72% of benchmark) driven by Permian takeaway constraints, and guidance uncertainty due to geopolitical volatility. On balance, management portrayed durable financial insulation from hedges, ongoing organic growth initiatives, and selective M&A optionality, while acknowledging headline negatives that are largely noncash or expected to be transitory if strips hold.View all NOG earnings summariesNOG Stock 12 Month Forecast
Average Price Target
$32.13
▲(30.89% Upside)
Technical Analysis
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Ownership Overview
2.81% Insiders
31.24% Mutual Funds
2.82% Other Institutional Investors
27.96% Public Companies and
Individual Investors