Northern Oil and Gas, Inc. (NOG)
| Market Cap | 3.25B |
| Revenue (ttm) | 2.01B |
| Net Income (ttm) | 520.31M |
| Shares Out | 98.60M |
| EPS (ttm) | 5.14 |
| PE Ratio | 6.42 |
| Forward PE | 7.18 |
| Dividend | $1.69 (5.12%) |
| Ex-Dividend Date | Mar 28, 2025 |
| Volume | 2,425,446 |
| Open | 35.00 |
| Previous Close | 35.38 |
| Day's Range | 32.81 - 35.00 |
| 52-Week Range | 32.81 - 44.31 |
| Beta | 1.82 |
| Analysts | Strong Buy |
| Price Target | 47.10 (+42.73%) |
| Earnings Date | Feb 19, 2025 |
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 2024, Northern Oil and Gas's revenue was $2.01 billion, an increase of 14.87% compared to the previous year's $1.75 billion. Earnings were $520.31 million, a decrease of -43.63%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for NOG stock is "Strong Buy." The 12-month stock price forecast is $47.1, which is an increase of 42.73% from the latest price.
News
Northern Oil and Gas, Inc. (NOG) Q4 2024 Earnings Call Transcript
Northern Oil and Gas, Inc. (NYSE:NOG) Q4 2024 Results Conference Call February 20, 2025 9:00 AM ET Company Participants Erik Romslo - Chief Legal Officer Nick O'Grady - Chief Executive Officer Adam D...
NOG Announces Fourth Quarter and Full Year 2024 Results; Provides Detailed 2025 Guidance
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Fourth Quarter and Full Year 2024 Results; Provides Detailed 2025 Guidance.
NOG Provides Fourth Quarter 2024 Operational Update; Provides Initial 2025 Capital and Production Guidance; Announces Signing of $40 Million Bolt-On Acquisition in First Quarter
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced a fourth quarter 2024 operations update and is providing initial 2025 capital and producti...
NOG Declares $0.45 Quarterly Cash Dividend, 12.5% Increase Year over Year; Provides Update on Share Repurchases
MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.45 Quarterly Cash Dividend, 12.5% Increase Year over Year; Provides Update on Share Repurchases.
NOG Schedules Fourth Quarter and Year-End 2024 Earnings Release and Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--NOG Schedules Fourth Quarter and Year-End 2024 Earnings Release and Conference Call.
Northern Oil And Gas Returns To Appalachian Investment In 2025
Northern's Q3 2024 results were roughly in line with expectations, and it reaffirmed its full-year production and capex guidance. It plans to increase its quarterly dividend to $0.45 per share in 2025...
NOG Responds to Reuters Article in Regard to Potential Business Combination
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) has a policy on not responding to acquisition rumors, however the Company believes that today's article re...
Exclusive: Northern Oil and Gas in bid to acquire smaller rival Granite Ridge, sources say
Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources , a smaller U.S. producer with operations in basins including the Permian and Eagle Ford, according to people familiar wi...
NOG Enters into Appalachian Joint Development Program
MINNEAPOLIS--(BUSINESS WIRE)--NOG Enters into Appalachian Joint Development Program.
NOG Publishes 2023 ESG Report
MINNEAPOLIS--(BUSINESS WIRE)--NOG Publishes 2023 ESG Report.
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.
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.