Roth Capital Expects Lower Earnings for Northern Oil and Gas

Northern Oil and Gas, Inc. (NYSE:NOG) – Research analysts at Roth Capital reduced their Q1 2025 earnings estimates for Northern Oil and Gas in a report issued on Monday, March 31st. Roth Capital analyst J. White now expects that the company will post earnings of $1.16 per share for the quarter, down from their previous forecast of $1.19. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.18 per share. Roth Capital also issued estimates for Northern Oil and Gas’ Q4 2025 earnings at $1.20 EPS.

Several other equities analysts also recently commented on NOG. Truist Financial upped their price objective on Northern Oil and Gas from $52.00 to $55.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Morgan Stanley cut their price target on shares of Northern Oil and Gas from $43.00 to $38.00 and set an “equal weight” rating on the stock in a report on Thursday, March 27th. Bank of America decreased their price objective on shares of Northern Oil and Gas from $48.00 to $41.00 and set a “buy” rating for the company in a report on Tuesday. Piper Sandler dropped their target price on shares of Northern Oil and Gas from $37.00 to $35.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 29th. Finally, Capital One Financial lowered shares of Northern Oil and Gas from an “overweight” rating to an “equal weight” rating in a research report on Friday, February 21st. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $45.44.

Northern Oil and Gas Trading Down 10.1 %

Shares of NYSE NOG opened at $23.35 on Thursday. Northern Oil and Gas has a fifty-two week low of $22.50 and a fifty-two week high of $44.31. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.23 and a current ratio of 0.92. The company has a market cap of $2.31 billion, a price-to-earnings ratio of 4.54 and a beta of 1.84. The business’s 50 day moving average price is $32.05 and its 200-day moving average price is $36.60.

Northern Oil and Gas (NYSE:NOG) last posted its quarterly earnings data 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 firm had revenue of $545.47 million during the quarter, compared to analysts’ expectations of $552.34 million. Northern Oil and Gas had a return on equity of 24.41% and a net margin of 23.38%.

Institutional Trading of Northern Oil and Gas

Institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its position in Northern Oil and Gas by 11.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 985,643 shares of the company’s stock valued at $34,902,000 after acquiring an additional 103,314 shares during the last quarter. Glenmede Trust Co. NA increased its position in shares of Northern Oil and Gas by 37.8% during the third quarter. Glenmede Trust Co. NA now owns 9,256 shares of the company’s stock worth $328,000 after purchasing an additional 2,541 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Northern Oil and Gas by 50.0% during the 3rd quarter. Captrust Financial Advisors now owns 18,478 shares of the company’s stock valued at $654,000 after purchasing an additional 6,163 shares during the last quarter. Holocene Advisors LP acquired a new stake in shares of Northern Oil and Gas in the 3rd quarter worth $1,079,000. Finally, Hotchkis & Wiley Capital Management LLC grew its stake in Northern Oil and Gas by 1.3% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 306,490 shares of the company’s stock worth $10,853,000 after buying an additional 3,900 shares during the last quarter. 98.80% of the stock is currently owned by institutional investors.

Insider Transactions at Northern Oil and Gas

In related news, CEO Nicholas L. O’grady bought 1,000 shares of the business’s stock in a transaction on Friday, March 7th. The shares were bought at an average price of $27.48 per share, for a total transaction of $27,480.00. Following the completion of the purchase, the chief executive officer now directly owns 226,189 shares of the company’s stock, valued at approximately $6,215,673.72. This trade represents a 0.44 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Adam A. Dirlam sold 836 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $39.00, for a total transaction of $32,604.00. Following the completion of the transaction, the president now owns 96,223 shares of the company’s stock, valued at $3,752,697. This represents a 0.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.80% of the company’s stock.

Northern Oil and Gas declared that its Board of Directors has initiated a stock buyback plan on Tuesday, March 11th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 3.6% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Northern Oil and Gas Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, March 28th will be issued a $0.45 dividend. The ex-dividend date is Friday, March 28th. This represents a $1.80 annualized dividend and a dividend yield of 7.71%. This is a positive change from Northern Oil and Gas’s previous quarterly dividend of $0.42. Northern Oil and Gas’s payout ratio is currently 35.02%.

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.