Northern Oil and Gas, Inc. (NOG)
| Market Cap | 4.31B |
| Revenue (ttm) | 2.00B |
| Net Income (ttm) | 837.46M |
| Shares Out | 99.31M |
| EPS (ttm) | 8.29 |
| PE Ratio | 5.23 |
| Forward PE | 8.70 |
| Dividend | $1.68 (3.87%) |
| Ex-Dividend Date | Sep 27, 2024 |
| Volume | 125,613 |
| Open | 43.78 |
| Previous Close | 43.32 |
| Day's Range | 43.12 - 43.78 |
| 52-Week Range | 31.13 - 44.31 |
| Beta | 1.83 |
| Analysts | Strong Buy |
| Price Target | 47.09 (+8.6%) |
| Earnings Date | Nov 5, 2024 |
About NOG
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. The company is based in Minnetonka, Minnesota. [Read more]
Financial Performance
In 2023, Northern Oil and Gas's revenue was $1.75 billion, a decrease of -4.42% compared to the previous year's $1.83 billion. Earnings were $922.97 million, an increase of 26.83%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for NOG stock is "Strong Buy." The 12-month stock price forecast is $47.09, which is an increase of 8.60% from the latest price.
News
NOG Declares $0.42 Quarterly Cash Dividend, 5% Increase Year-over-Year; Announces 2025 Dividend Plan Targeting 10% Increase Year-over-Year
MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.42 Quarterly Cash Dividend, 5% Increase Year-over-Year; Announces 2025 Dividend Plan Targeting 10% Increase Year-over-Year.
Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
High Yield Oil And Gas Ranked By Relative Quality
With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-...
Northern Oil and Gas, Inc. (NOG) Q3 2024 Earnings Call Transcript
Northern Oil and Gas, Inc. (NYSE:NOG) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Evelyn Infurna - Vice President, Investor Relations Nick O'Grady - Chief Execut...
NOG Announces Third Quarter 2024 Results, Achieves Record Oil Production
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Third Quarter 2024 Results, Achieves Record Oil Production.
NOG Provides Third Quarter 2024 Operational Update
MINNEAPOLIS--(BUSINESS WIRE)--NOG Provides Third Quarter 2024 Operational Update.
NOG Schedules Third Quarter 2024 Earnings Release and Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--NOG Schedules Third Quarter 2024 Earnings Release and Conference Call.
Northern Oil And Gas: Acquisitions Boost Oil Production By More Than 15%
Northern Oil and Gas spent more than $700 million on recent acquisitions. These acquisitions should boost its oil production by more than 15%. Northern paid for the acquisitions in cash, so leverage h...
NOG Closes Uinta Basin Acquisition
MINNEAPOLIS--(BUSINESS WIRE)--NOG Closes Uinta Basin Acquisition.
Top Wall Street analysts prefer these dividend stocks to strengthen portfolios
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Darden Restaurants and Target
Point Energy Partners II Completes $1.1 Billion Sale to Vital Energy
FORT WORTH, Texas--(BUSINESS WIRE)--Point Energy Partners II ("Point Energy") today announced the completion of its previously announced $1.1 billion all cash sale of its assets to Vital Energy, Inc. ...
Northern Oil and Gas: Stronger Positioning, But Commodity Prices Could Drag
Northern Oil and Gas, Inc. uses a unique, less risky business model by owning minority interests in wells, resulting in higher margins and higher cash flow than peers. The company's stock price closel...
NOG Declares $0.42 Quarterly Cash Dividend, 11% Increase Year-over-Year
MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.42 Quarterly Cash Dividend, 11% Increase Year-over-Year.
Northern Oil and Gas, Inc. (NOG) Q2 2024 Earnings Call Transcript
Northern Oil and Gas, Inc. (NYSE:NOG) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Evelyn Infurna - VP, IR Nick O'Grady - CEO Adam Dirlam - President Chad Allen - CF...
NOG Announces Second Quarter 2024 Results, Updates 2024 Guidance
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Second Quarter 2024 Results, Updates 2024 Guidance.
NOG Provides Shareholder Return Update; Plans Mid-Year Increase to Quarterly Dividend
MINNEAPOLIS--(BUSINESS WIRE)--NOG Provides Shareholder Return Update; Plans Mid-Year Increase to Quarterly Dividend.
Top Wall Street analysts are pounding the table on these 3 dividend stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Walmart and JPMorgan Chase.
NOG Schedules Second Quarter 2024 Earnings Release and Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--NOG Schedules Second Quarter 2024 Earnings Release and Conference Call.
SM ENERGY ANNOUNCES HIGHLY ACCRETIVE $2.0 BILLION UINTA BASIN ACQUISITION, 11% INCREASE TO FIXED DIVIDEND AND RELOADED $500 MILLION SHARE REPURCHASE PROGRAM
DENVER , June 27, 2024 /PRNewswire/ -- SM Energy Company (the "Company" or "SM Energy") (NYSE: SM) today announces that it has entered into an agreement to acquire the Uinta Basin oil and gas assets o...
NOG Declares $0.40 Quarterly Cash Dividend
MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.40 Quarterly Cash Dividend.
Northern Oil and Gas, Inc. (NOG) Q1 2024 Earnings Call Transcript
Northern Oil and Gas, Inc. (NYSE:NOG) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Evelyn Infurna - VP, IR Nick O'Grady - CEO Adam Dirlam - President Chad Allen - ...
NOG Announces First Quarter 2024 Results, Achieves New Quarterly Production Record
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces First Quarter 2024 Results, Achieves New Quarterly Production Record.
NOG Announces Expansion of Revolving Credit Facility
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Expansion of Revolving Credit Facility.
NOG Provides Update on First Quarter Hedging Results and Stock Repurchases
MINNEAPOLIS--(BUSINESS WIRE)--NOG Provides Update on First Quarter Hedging Results and Stock Repurchases.
NOG Schedules First Quarter 2024 Earnings Release and Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--NOG Schedules First Quarter 2024 Earnings Release and Conference Call.