Northern Oil and Gas, Inc. (NOG)
| Market Cap | 3.62B |
| Revenue (ttm) | 2.22B |
| Net Income (ttm) | 1.22B |
| Shares Out | 93.02M |
| EPS (ttm) | 14.63 |
| PE Ratio | 2.66 |
| Forward PE | 5.07 |
| Dividend | $1.52 (3.90%) |
| Ex-Dividend Date | Sep 27, 2023 |
| Volume | 865,469 |
| Open | 39.04 |
| Previous Close | 38.71 |
| Day's Range | 38.59 - 39.61 |
| 52-Week Range | 24.21 - 43.64 |
| Beta | 1.99 |
| Analysts | Strong Buy |
| Price Target | 50.63 (+30.02%) |
| Earnings Date | Nov 7, 2023 |
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
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for NOG stock is "Strong Buy." The 12-month stock price forecast is $50.63, which is an increase of 30.02% from the latest price.
News
NOG Announces Second Quarter 2023 Results, Including Record Quarterly Production
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Second Quarter 2023 Results, Including Record Quarterly Production.
NOG Declares $0.38 Quarterly Cash Dividend, 10th Consecutive Increase, 52% Increase Year-over-Year, ~3% Sequential Increase over Prior Quarter
MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.38 Quarterly Cash Dividend, 10th Consecutive Increase, 52% Increase Year-over-Year, ~3% Sequential Increase over Prior Quarter.
NOG Provides Update on 2023 Guidance and Preliminary Second Quarter Financial and Operational Update
MINNEAPOLIS--(BUSINESS WIRE)--NOG Provides Update on 2023 Guidance and Preliminary Second Quarter Financial and Operational Update.
NOG Schedules Second Quarter 2023 Earnings Release and Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--NOG Schedules Second Quarter 2023 Earnings Release and Conference Call.
NOG Announces First Quarter 2023 Results, Including Record Quarterly Production
Record quarterly production of 87,385 Boe per day (62% oil), an increase of 23% from the first quarter of 2022.
NOG Declares $0.37 Quarterly Cash Dividend, 9% Increase over Prior Quarter
MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.37 Quarterly Cash Dividend, 9% Increase over Prior Quarter.
Oil Earnings Are Fizzling. These 5 Companies Stand Out.
Oil is still relatively pricey at around $80 per barrel, but it has come down considerably from its peaks.
NOG Provides Update on First Quarter Hedging Results and Capital Allocation
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today provided an update regarding first quarter hedging results and capital allocation matters.
NOG Schedules First Quarter 2023 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 2023 financial and operating results on Thursday,...
These 3 Energy Stocks With Over 4% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Northern Oil & Gas (NYSE:NOG), ONEOK (NYSE:OKE)
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...
NOG Announces Fourth Quarter and Full Year 2022 Results; Initiates 2023 Guidance
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Fourth Quarter and Full Year 2022 Results; Initiates 2023 Guidance
NOG Declares $0.34 Quarterly Cash Dividend, 13% Increase over Prior Quarter; Provides Operations and Shareholder Return Updates
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. ...
NOG Schedules Fourth Quarter and Year-End 2022 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 fourth quarter and year-end 2022 financial and operating resu...
NOG Announces Closing of Upsized Acquisition in Core Midland Basin Development Project
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the closing of its acquisition of non-operated properties in the core of the Midland Bas...
NOG Announces Closing of Additional Core Northern Delaware Basin Acquisition
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG”) today announced the closing of a previously announced acquisition of non-operated interests in the Northern Delaware Basi...
NOG Announces Closing of Core Northern Delaware Basin Bolt-on Acquisition
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG”) today announced the closing of a previously announced acquisition of non-operated interests in the Northern Delaware Basi...
NOG Announces Borrowing Base Increase
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the completion of its semi-annual borrowing base redetermination under its reserves-base...
NOG Announces Third Quarter 2022 Results
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Third Quarter 2022 Results
NOG Announces Full Mandatory Conversion of Series A Convertible Preferred Stock
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Full Mandatory Conversion of Series A Convertible Preferred Stock
NOG Declares $0.30 Quarterly Cash Dividend, 20% Increase over Prior Quarter; Provides Shareholder Return Update
MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.30 Quarterly Cash Dividend, 20% Increase over Prior Quarter; Provides Shareholder Return Update
NOG Announces Third Quarter 2022 Earnings Release and Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Third Quarter 2022 Earnings Release and Conference Call
NOG Announces Investment in Core Midland Basin Development Project
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Investment in Core Midland Basin Development Project
Investor demand for energy stocks will soon increase ‘dramatically,' analyst says
Investors appear ready to starting buying energy stocks again as earnings start rolling in. They are looking to boost their weightings in the sector given healthy free-cash flows (FCF), said analyst N...
NOG Prices Upsized $435 Million Convertible Senior Notes Offering
MINNEAPOLIS--(BUSINESS WIRE)--NOG Prices Upsized $435 Million Convertible Senior Notes Offering
NOG Announces Proposed Convertible Senior Notes Offering
MINNEAPOLIS--(BUSINESS WIRE)--NOG ANNOUNCES PROPOSED CONVERTIBLE SENIOR NOTES OFFERING