Q1 EPS Forecast for Northern Oil and Gas Lifted by Analyst

Northern Oil and Gas, Inc. (NYSE:NOG) – Stock analysts at Capital One Financial raised their Q1 2025 EPS estimates for Northern Oil and Gas in a research note issued on Wednesday, March 5th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $1.17 per share for the quarter, up from their prior forecast of $1.13. Capital One Financial has a “Equal Weight” rating on the stock. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.18 per share. Capital One Financial also issued estimates for Northern Oil and Gas’ Q2 2025 earnings at $1.13 EPS, Q3 2025 earnings at $1.14 EPS, Q4 2025 earnings at $1.21 EPS, FY2025 earnings at $4.64 EPS and FY2026 earnings at $4.36 EPS.

Northern Oil and Gas (NYSE:NOG) last announced 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 business had revenue of $545.47 million for the quarter, compared to analysts’ expectations of $552.34 million.

Other research analysts have also recently issued reports about the company. Piper Sandler lowered their target price on Northern Oil and Gas from $37.00 to $35.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. Truist Financial boosted their price objective 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. Royal Bank of Canada reduced their target price 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. Citigroup lowered their price target on shares of Northern Oil and Gas from $55.00 to $45.00 and set a “buy” rating for the company in a report on Tuesday, February 25th. Finally, Morgan Stanley set a $43.00 price objective on shares of Northern Oil and Gas in a research report on Wednesday, January 22nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Northern Oil and Gas has a consensus rating of “Hold” and an average price target of $46.89.

Northern Oil and Gas Stock Up 1.5 %

Northern Oil and Gas stock opened at $27.89 on Monday. The firm has a market capitalization of $2.76 billion, a P/E ratio of 5.43 and a beta of 1.84. The company has a current ratio of 0.92, a quick ratio of 1.23 and a debt-to-equity ratio of 1.02. Northern Oil and Gas has a twelve month low of $26.59 and a twelve month high of $44.31. The stock’s fifty day simple moving average is $35.95 and its 200-day simple moving average is $37.62.

Northern Oil and Gas Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, March 28th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.45%. The ex-dividend date of this dividend is Friday, March 28th. This is an increase from Northern Oil and Gas’s previous quarterly dividend of $0.42. Northern Oil and Gas’s payout ratio is currently 35.02%.

Insider Activity at Northern Oil and Gas

In other news, CEO Nicholas L. O’grady bought 1,000 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The stock was purchased at an average cost of $27.48 per share, with a total value of $27,480.00. Following the transaction, the chief executive officer now directly owns 226,189 shares in the company, valued at $6,215,673.72. This trade represents a 0.44 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President Adam A. Dirlam sold 836 shares of the firm’s stock in a transaction that occurred 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 transaction, the president now owns 96,223 shares in the company, valued at $3,752,697. This represents a 0.86 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.80% of the company’s stock.

Institutional Investors Weigh In On Northern Oil and Gas

Several large investors have recently modified their holdings of NOG. Amalgamated Bank raised its position in Northern Oil and Gas by 3.9% in the 3rd quarter. Amalgamated Bank now owns 29,290 shares of the company’s stock valued at $1,037,000 after purchasing an additional 1,108 shares during the last quarter. Covestor Ltd raised its holdings in shares of Northern Oil and Gas by 122.6% in the third quarter. Covestor Ltd now owns 1,903 shares of the company’s stock valued at $67,000 after buying an additional 1,048 shares during the last quarter. Versor Investments LP purchased a new stake in shares of Northern Oil and Gas in the third quarter valued at about $503,000. Entropy Technologies LP acquired a new stake in shares of Northern Oil and Gas during the third quarter worth about $397,000. Finally, Aptus Capital Advisors LLC grew its holdings in shares of Northern Oil and Gas by 15.6% during the third quarter. Aptus Capital Advisors LLC now owns 190,068 shares of the company’s stock worth $6,730,000 after buying an additional 25,580 shares during the last quarter. 98.80% of the stock is owned by institutional investors and hedge funds.

Northern Oil and Gas Company Profile

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.