Northern Oil and Gas, Inc. (NOG)
| Market Cap | 2.57B +7.3% |
| Revenue (ttm) | 1.93B -6.9% |
| Net Income | -623.07M |
| EPS | -6.38 |
| Shares Out | 105.33M |
| PE Ratio | n/a |
| Forward PE | 6.72 |
| Dividend | $1.80 (7.37%) |
| Ex-Dividend Date | Mar 30, 2026 |
| Volume | 6,945,948 |
| Open | 23.79 |
| Previous Close | 23.36 |
| Day's Range | 23.56 - 24.48 |
| 52-Week Range | 20.18 - 32.62 |
| Beta | 0.77 |
| Analysts | Buy |
| Price Target | 31.14 (+27.47%) |
| Earnings Date | Apr 28, 2026 |
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. Northern Oil and Gas, Inc. was founded in 2006 and is headquartered in Minnetonka, Minnesota.
Financial Performance
In 2025, Northern Oil and Gas's revenue was $1.96 billion, a decrease of -2.14% compared to the previous year's $2.01 billion. Earnings were $38.76 million, a decrease of -92.55%.
Financial StatementsAnalyst Summary
According to 8 analysts, the average rating for NOG stock is "Buy." The 12-month stock price target is $31.14, which is an increase of 27.47% from the latest price.
News
NOG Declares Quarterly Cash Dividend
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today announced that its Board of Directors has declared a cash dividend on the Company's common stock. DI...
Northern Oil and Gas Earnings Call Transcript: Q1 2026
Q1 2026 saw stable operations, record production, and robust Free Cash Flow, with strong results in Appalachia and Williston. The company is evaluating $10B in M&A, maintains high liquidity, and expects to narrow guidance as market volatility subsides.
Northern Oil and Gas reports Q1 adjusted EPS 74c, consensus 68c
Reports Q1 revenue $539.9M, consensus $507M. “The current geopolitical environment is creating a dynamic environment for our business, and NOG is well-positioned to navigate it. We are seeing improved...
NOG Announces First Quarter 2026 Results
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces First Quarter 2026 Results.
Northern Oil and Gas options imply 4.7% move in share price post-earnings
Pre-earnings options volume in Northern Oil and Gas (NOG) is 1.5x normal with calls leading puts 19:2. Implied volatility suggests the market is anticipating a move near 4.7%, or $1.31,…
Northern Oil and Gas price target lowered to $33 from $34 at BofA
BofA analyst Noah Hungness lowered the firm’s price target on Northern Oil and Gas (NOG) to $33 from $34 and keeps a Buy rating on the shares. The firm is…
NOG Schedules First Quarter 2026 Earnings Release and Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it plans to issue its first quarter 2026 financial and operating results on Tuesday, ...
Northern Oil and Gas price target lowered to $36 from $39 at Citi
Citi lowered the firm’s price target on Northern Oil and Gas (NOG) to $36 from $39 and keeps a Buy rating on the shares. The firm updated the company’s model…
NOG Publishes 2025 ESG Report
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it published its Environmental, Social and Governance (“ESG”) Report for the year end...
These energy stocks are especially cheap when you consider how expensive oil has become
Among equity analysts, a “rerating” is when the stock market catches up to an underlying trend. Energy stocks had started to increase before the attack against Iran by the U.S. and Israel caused oil p...
Northern Oil and Gas price target raised to $34 from $32 at BofA
BofA analyst Noah Hungness raised the firm’s price target on Northern Oil and Gas (NOG) to $34 from $32 and keeps a Buy rating on the shares, noting that its…
Northern Oil and Gas price target raised to $39 from $34 at Citi
Citi analyst Paul Diamond raised the firm’s price target on Northern Oil and Gas (NOG) to $39 from $34 and keeps a Buy rating on the shares. The firm updated…
Northern Oil and Gas price target raised to $28 from $24 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Northern Oil and Gas (NOG) to $28 from $24 and keeps an Underweight rating on the shares. Oil, LNG and refining margins…
Northern Oil and Gas price target raised to $32 from $27 at BofA
BofA raised the firm’s price target on Northern Oil and Gas (NOG) to $32 from $27 and keeps a Buy rating on the shares. The firm said the price target…
Northern Oil and Gas price target raised to $31 from $28 at Mizuho
Mizuho raised the firm’s price target on Northern Oil and Gas (NOG) to $31 from $28 and keeps a Neutral rating on the shares. The firm upped its 2026 oil…
Northern Oil and Gas 7.2M share Spot Secondary priced at $27.75
The deal range was $27.75-$28.25. BofA acted as sole book running manager for the offering.
Northern Oil and Gas price target raised to $32 from $27 at Piper Sandler
Piper Sandler raised the firm’s price target on Northern Oil and Gas (NOG) to $32 from $27 and keeps a Neutral rating on the shares. Piper cites its increased price…
NOG Announces Pricing of Public Offering of Common Stock
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) announced today that it has priced its previously announced underwritten public offering of 7,207,208 shar...
Northern Oil and Gas $200M Spot Secondary; price range $27.75-$28.25
BofA is acting as sole book running manager for the offering.
Northern Oil and Gas announces $200M common stock offering
Northern Oil and Gas (NOG) announced that it has commenced an underwritten public offering of $200M of its shares of common stock. The company intends to use the net proceeds…
NOG Announces Proposed Public Offering of Common Stock
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) announced today that it has commenced an underwritten public offering of $200,000,000 of its shares of com...
Northern Oil and Gas price target raised to $34 from $28 at Citi
Citi raised the firm’s price target on Northern Oil and Gas (NOG) to $34 from $28 and keeps a Buy rating on the shares.
Northern Oil and Gas price target raised to $27 from $25 at Piper Sandler
Piper Sandler raised the firm’s price target on Northern Oil and Gas (NOG) to $27 from $25 and keeps a Neutral rating on the shares. The firm says the rotation…
Northern Oil and Gas price target lowered to $28 from $29 at Mizuho
Mizuho analyst William Janela lowered the firm’s price target on Northern Oil and Gas (NOG) to $28 from $29 and keeps a Neutral rating on the shares. Published first on…
Northern Oil and Gas Earnings Call Transcript: Q4 2025
Adjusted EBITDA rose 1% year-over-year despite lower oil prices, with production and gas volumes reaching record highs. The company expanded its land position, closed a major Utica acquisition, and maintains strong liquidity, while providing flexible 2026 guidance to adapt to market conditions.