Q1 Earnings Estimate for NOG Issued By Capital One Financial

Northern Oil and Gas, Inc. (NYSE:NOG) – Stock analysts at Capital One Financial dropped their Q1 2025 EPS estimates for Northern Oil and Gas in a research note issued on Tuesday, February 18th. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings of $1.20 per share for the quarter, down from their prior estimate of $1.26. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.25 per share. Capital One Financial also issued estimates for Northern Oil and Gas’ Q2 2025 earnings at $1.19 EPS, Q3 2025 earnings at $1.24 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $4.95 EPS and FY2026 earnings at $4.93 EPS.

NOG has been the topic of a number of other research reports. Royal Bank of Canada cut their price target on shares of Northern Oil and Gas from $45.00 to $40.00 and set a “sector perform” rating on the stock in a report on Thursday, February 13th. Mizuho lowered shares of Northern Oil and Gas from an “outperform” rating to a “neutral” rating and set a $47.00 price target on the stock. in a report on Monday, December 16th. Truist Financial lifted their price target on shares of Northern Oil and Gas from $52.00 to $55.00 and gave the stock a “buy” rating in a report on Monday, January 13th. Finally, Piper Sandler cut their price target on shares of Northern Oil and Gas from $37.00 to $35.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Northern Oil and Gas presently has an average rating of “Hold” and a consensus price target of $47.00.

Northern Oil and Gas Price Performance

Shares of NYSE:NOG opened at $35.48 on Friday. The firm has a market cap of $3.54 billion, a PE ratio of 6.90 and a beta of 1.81. The firm’s fifty day moving average is $37.62 and its 200-day moving average is $38.30. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.23 and a current ratio of 1.23. Northern Oil and Gas has a 52 week low of $33.17 and a 52 week high of $44.31.

Northern Oil and Gas (NYSE:NOG) last posted its earnings results on Wednesday, February 19th. The company reported $1.11 earnings per share for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.16). The company had revenue of $545.47 million for the quarter, compared to the consensus estimate of $552.34 million. Northern Oil and Gas had a return on equity of 24.96% and a net margin of 23.38%.

Hedge Funds Weigh In On Northern Oil and Gas

Institutional investors have recently made changes to their positions in the stock. Icon Wealth Advisors LLC acquired a new position in shares of Northern Oil and Gas during the third quarter valued at about $828,000. State of Alaska Department of Revenue raised its holdings in shares of Northern Oil and Gas by 36.1% during the fourth quarter. State of Alaska Department of Revenue now owns 77,439 shares of the company’s stock valued at $2,877,000 after purchasing an additional 20,550 shares during the period. James Investment Research Inc. acquired a new position in shares of Northern Oil and Gas during the fourth quarter valued at about $393,000. Heritage Family Offices LLP acquired a new position in shares of Northern Oil and Gas during the fourth quarter valued at about $244,000. Finally, Tributary Capital Management LLC raised its holdings in shares of Northern Oil and Gas by 11.8% during the fourth quarter. Tributary Capital Management LLC now owns 588,487 shares of the company’s stock valued at $21,868,000 after purchasing an additional 62,300 shares during the period. Institutional investors and hedge funds own 98.80% of the company’s stock.

Insider Activity at Northern Oil and Gas

In other news, President Adam A. Dirlam sold 836 shares of the company’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 owns 96,223 shares in the company, valued at approximately $3,752,697. This represents a 0.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.80% of the stock is owned by company insiders.

Northern Oil and Gas Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, March 28th will be issued a $0.45 dividend. This is a positive change 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 5.07%. Northern Oil and Gas’s payout ratio is presently 32.68%.

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.