Roth Capital Has Bearish Estimate for NOG Q3 Earnings

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Equities researchers at Roth Capital decreased their Q3 2025 earnings estimates for Northern Oil and Gas in a report released on Thursday, February 6th. Roth Capital analyst J. White now expects that the company will earn $1.01 per share for the quarter, down from their prior forecast of $1.07. The consensus estimate for Northern Oil and Gas' current full-year earnings is $5.30 per share. Roth Capital also issued estimates for Northern Oil and Gas' Q4 2025 earnings at $1.17 EPS and FY2025 earnings at $4.29 EPS.

A number of other research firms have also issued reports on NOG. Piper Sandler dropped their price target on Northern Oil and Gas from $37.00 to $35.00 and set a "neutral" rating for the company in a research report on Wednesday, January 29th. Truist Financial raised their target price on 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. Mizuho lowered shares of Northern Oil and Gas from an "outperform" rating to a "neutral" rating and set a $47.00 price objective for the company. in a report on Monday, December 16th. Finally, Royal Bank of Canada cut their price objective on shares of Northern Oil and Gas from $45.00 to $40.00 and set a "sector perform" rating for the company in a research report on Thursday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Northern Oil and Gas has an average rating of "Hold" and a consensus price target of $47.00.

Northern Oil and Gas Price Performance

NOG traded down $0.61 on Monday, reaching $34.51. 2,041,192 shares of the company's stock were exchanged, compared to its average volume of 1,364,424. The stock has a market cap of $3.45 billion, a PE ratio of 4.14 and a beta of 1.81. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.23 and a quick ratio of 1.23. Northern Oil and Gas has a twelve month low of $32.35 and a twelve month high of $44.31. The stock's fifty day moving average price is $38.31 and its 200-day moving average price is $38.52.

Northern Oil and Gas Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, March 28th will be paid a dividend of $0.45 per share. The ex-dividend date is Friday, March 28th. This is a positive change from Northern Oil and Gas's previous quarterly dividend of $0.42. This represents a $1.80 dividend on an annualized basis and a yield of 5.22%. Northern Oil and Gas's dividend payout ratio is 20.17%.

Insiders Place Their Bets

In other news, President Adam A. Dirlam sold 836 shares of the firm's stock in a transaction on Monday, January 6th. The shares were sold at an average price of $39.00, for a total value of $32,604.00. Following the sale, the president now directly owns 96,223 shares in the company, valued at approximately $3,752,697. This trade represents a 0.86 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.80% of the company's stock.

Institutional Trading of Northern Oil and Gas

Several institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC increased its holdings in shares of Northern Oil and Gas by 58.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,752 shares of the company's stock valued at $62,000 after purchasing an additional 647 shares in the last quarter. CWM LLC raised its position in shares of Northern Oil and Gas by 24.8% during the 3rd quarter. CWM LLC now owns 2,237 shares of the company's stock worth $79,000 after purchasing an additional 444 shares during the last quarter. Wesbanco Bank Inc. purchased a new stake in Northern Oil and Gas in the 3rd quarter valued at approximately $1,080,000. Creative Planning boosted its stake in shares of Northern Oil and Gas by 18.1% during the third quarter. Creative Planning now owns 27,994 shares of the company's stock valued at $991,000 after acquiring an additional 4,282 shares during the last quarter. Finally, NBC Securities Inc. raised its stake in Northern Oil and Gas by 3.4% in the 3rd quarter. NBC Securities Inc. now owns 18,974 shares of the company's stock valued at $671,000 after purchasing an additional 625 shares during the last quarter. 98.80% of the stock is owned by hedge funds and other institutional investors.

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.