Q1 Earnings Estimate for NOG Issued By Capital One Financial

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Research analysts at Capital One Financial lifted their Q1 2025 earnings per share (EPS) estimates for Northern Oil and Gas in a report released on Wednesday, January 29th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $1.26 per share for the quarter, up from their previous estimate of $1.25. The consensus estimate for Northern Oil and Gas' current full-year earnings is $5.34 per share. Capital One Financial also issued estimates for Northern Oil and Gas' Q2 2025 earnings at $1.29 EPS, Q3 2025 earnings at $1.42 EPS and Q4 2025 earnings at $1.51 EPS.

Northern Oil and Gas (NYSE:NOG - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.20 by $0.20. Northern Oil and Gas had a return on equity of 27.52% and a net margin of 33.44%. The company had revenue of $753.64 million for the quarter, compared to analysts' expectations of $540.23 million. During the same quarter in the prior year, the business posted $1.73 EPS. The business's revenue was up 140.0% compared to the same quarter last year.

Several other research analysts have also weighed in on NOG. Truist Financial boosted their price objective on shares of Northern Oil and Gas from $52.00 to $55.00 and gave the stock a "buy" rating in a research note on Monday, January 13th. Piper Sandler lowered their price target on Northern Oil and Gas from $37.00 to $35.00 and set a "neutral" rating on the stock in a research report on Wednesday. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $45.00 price objective on shares of Northern Oil and Gas in a research report on Friday, January 10th. Mizuho lowered Northern Oil and Gas from an "outperform" rating to a "neutral" rating and set a $47.00 target price on the stock. in a report on Monday, December 16th. Finally, Jefferies Financial Group started coverage on Northern Oil and Gas in a research note on Thursday, October 3rd. They issued a "buy" rating and a $53.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $47.56.

Northern Oil and Gas Stock Performance

NYSE NOG opened at $37.78 on Thursday. The firm has a market capitalization of $3.77 billion, a P/E ratio of 4.54 and a beta of 1.85. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.84. The firm's fifty day moving average price is $39.80 and its two-hundred day moving average price is $38.83. Northern Oil and Gas has a 1 year low of $31.13 and a 1 year high of $44.31.

Northern Oil and Gas Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, March 28th will be given a dividend of $0.45 per share. This is a boost from Northern Oil and Gas's previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Friday, March 28th. This represents a $1.80 annualized dividend and a yield of 4.76%. Northern Oil and Gas's dividend payout ratio (DPR) is presently 20.17%.

Insider Transactions at Northern Oil and Gas

In related news, President Adam A. Dirlam sold 836 shares of the firm's stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $39.00, for a total transaction of $32,604.00. Following the transaction, the president now directly owns 96,223 shares of the company's stock, valued at approximately $3,752,697. This trade represents a 0.86 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders sold 1,836 shares of company stock valued at $72,869. 2.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Legacy Investment Solutions LLC acquired a new stake in shares of Northern Oil and Gas in the third quarter valued at approximately $25,000. Signaturefd LLC increased its stake in Northern Oil and Gas by 100.5% during the 3rd quarter. Signaturefd LLC now owns 852 shares of the company's stock worth $30,000 after acquiring an additional 427 shares during the period. Quarry LP raised its holdings in Northern Oil and Gas by 338.8% in the 2nd quarter. Quarry LP now owns 1,132 shares of the company's stock valued at $42,000 after acquiring an additional 874 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Northern Oil and Gas by 177.2% during the 4th quarter. Blue Trust Inc. now owns 1,253 shares of the company's stock valued at $44,000 after acquiring an additional 801 shares during the period. Finally, Avior Wealth Management LLC increased its position in shares of Northern Oil and Gas by 23.3% in the fourth quarter. Avior Wealth Management LLC now owns 1,372 shares of the company's stock worth $51,000 after purchasing an additional 259 shares during the period. Institutional investors and hedge funds own 98.80% of the company's stock.

About 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. It primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States.

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