Q2 EPS Estimate for Northern Oil and Gas Cut by Analyst

Northern Oil and Gas, Inc. (NYSE:NOG - Free Report) - Equities research analysts at Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for shares of Northern Oil and Gas in a report issued on Wednesday, March 5th. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings of $1.13 per share for the quarter, down from their previous estimate of $1.20. The consensus estimate for Northern Oil and Gas' current full-year earnings is $5.18 per share. Zacks Research also issued estimates for Northern Oil and Gas' Q3 2025 earnings at $1.14 EPS, Q2 2026 earnings at $1.14 EPS, Q4 2026 earnings at $1.32 EPS and FY2027 earnings at $4.79 EPS.

Several other brokerages also recently commented on NOG. Piper Sandler dropped 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, January 29th. Capital One Financial downgraded Northern Oil and Gas from an "overweight" rating to an "equal weight" rating in a research report on Friday, February 21st. Mizuho downgraded Northern Oil and Gas from an "outperform" rating to a "neutral" rating and set a $47.00 price target on the stock. in a research report on Monday, December 16th. Morgan Stanley set a $43.00 price target on Northern Oil and Gas in a research report on Wednesday, January 22nd. Finally, Truist Financial lifted their price target on Northern Oil and Gas from $52.00 to $55.00 and gave the stock a "buy" rating in a research report on Monday, January 13th. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Northern Oil and Gas has a consensus rating of "Hold" and a consensus price target of $46.89.

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Northern Oil and Gas Stock Performance

NYSE NOG traded up $0.64 during trading on Friday, hitting $27.53. The company's stock had a trading volume of 2,094,112 shares, compared to its average volume of 1,676,173. The company has a quick ratio of 1.23, a current ratio of 0.92 and a debt-to-equity ratio of 1.02. The firm has a 50 day moving average price of $36.12 and a 200 day moving average price of $37.69. The firm has a market cap of $2.73 billion, a P/E ratio of 5.36 and a beta of 1.84. Northern Oil and Gas has a 52 week low of $26.59 and a 52 week high of $44.31.

Northern Oil and Gas (NYSE:NOG - Get Free Report) last posted its earnings results on Wednesday, February 19th. The company reported $1.11 earnings per share for the quarter, missing the consensus estimate of $1.27 by ($0.16). Northern Oil and Gas had a return on equity of 24.41% and a net margin of 23.38%. The company had revenue of $545.47 million during the quarter, compared to analyst estimates of $552.34 million.

Hedge Funds Weigh In On Northern Oil and Gas

A number of institutional investors and hedge funds have recently bought and sold shares of NOG. Legacy Investment Solutions LLC acquired a new position in Northern Oil and Gas in the third quarter worth $25,000. Headlands Technologies LLC acquired a new position in Northern Oil and Gas in the fourth quarter worth $29,000. Blue Trust Inc. boosted its stake in Northern Oil and Gas by 177.2% in the fourth quarter. Blue Trust Inc. now owns 1,253 shares of the company's stock worth $44,000 after purchasing an additional 801 shares in the last quarter. Avior Wealth Management LLC boosted its stake in 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 in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in Northern Oil and Gas in the fourth quarter worth $66,000. Institutional investors and hedge funds own 98.80% of the company's stock.

Insider Buying and Selling at Northern Oil and Gas

In other Northern Oil and Gas news, President Adam A. Dirlam sold 836 shares of the company's stock in a transaction on Monday, January 6th. The stock was 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 $3,752,697. This represents a 0.86 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Bahram Akradi purchased 40,000 shares of the stock in a transaction on Tuesday, March 4th. The stock was bought at an average price of $28.03 per share, for a total transaction of $1,121,200.00. Following the completion of the transaction, the director now directly owns 1,662,016 shares of the company's stock, valued at approximately $46,586,308.48. This trade represents a 2.47 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 2.80% of the company's stock.

Northern Oil and Gas Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, March 28th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.54%. 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. Northern Oil and Gas's dividend payout ratio is 35.02%.

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.