Q1 EPS Estimates for NOG Decreased by Capital One Financial

Northern Oil and Gas, Inc. (NYSE:NOG) – Investment analysts at Capital One Financial cut their Q1 2025 earnings per share estimates for Northern Oil and Gas in a research note issued on Tuesday, February 18th. Capital One Financial analyst P. Johnston now expects that the company will earn $1.20 per share for the quarter, down from their prior estimate of $1.26. 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 $1.19 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.

Northern Oil and Gas (NYSE:NOG) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $1.11 earnings per share (EPS) 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 the consensus estimate of $552.34 million. Northern Oil and Gas had a return on equity of 24.41% and a net margin of 23.38%.

NOG has been the subject of several other reports. Truist Financial raised their price target on Northern Oil and Gas from $52.00 to $55.00 and gave the company a “buy” rating in a report on Monday, January 13th. Mizuho downgraded Northern Oil and Gas from an “outperform” rating to a “neutral” rating and set a $47.00 price target for the company. in a report on Monday, December 16th. Piper Sandler reduced their price target on Northern Oil and Gas from $37.00 to $35.00 and set a “neutral” rating for the company in a report on Wednesday, January 29th. Morgan Stanley set a $43.00 price target on Northern Oil and Gas in a report on Wednesday, January 22nd. Finally, Royal Bank of Canada dropped their price objective on Northern Oil and Gas from $45.00 to $40.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $47.44.

Northern Oil and Gas Price Performance

NOG opened at $33.01 on Friday. The stock has a fifty day simple moving average of $37.47 and a two-hundred day simple moving average of $38.27. The company has a current ratio of 0.92, a quick ratio of 1.23 and a debt-to-equity ratio of 1.02. The company has a market cap of $3.29 billion, a price-to-earnings ratio of 6.42 and a beta of 1.81. Northern Oil and Gas has a 12-month low of $32.81 and a 12-month high of $44.31.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. CWM LLC raised its stake in Northern Oil and Gas by 24.8% during the 3rd quarter. CWM LLC now owns 2,237 shares of the company’s stock valued at $79,000 after purchasing an additional 444 shares during the period. Creative Planning increased its stake in Northern Oil and Gas by 18.1% in the 3rd quarter. Creative Planning now owns 27,994 shares of the company’s stock worth $991,000 after acquiring an additional 4,282 shares during the last quarter. Signaturefd LLC increased its stake in Northern Oil and Gas by 100.5% in the 3rd quarter. Signaturefd LLC now owns 852 shares of the company’s stock worth $30,000 after acquiring an additional 427 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its stake in Northern Oil and Gas by 71.7% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 27,293 shares of the company’s stock worth $966,000 after acquiring an additional 11,397 shares during the last quarter. Finally, Mount Yale Investment Advisors LLC increased its stake in Northern Oil and Gas by 8.3% in the 3rd quarter. Mount Yale Investment Advisors LLC now owns 10,114 shares of the company’s stock worth $358,000 after acquiring an additional 777 shares during the last quarter. 98.80% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, President Adam A. Dirlam sold 836 shares of Northern Oil and Gas 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 transaction, the president now directly owns 96,223 shares of the company’s stock, valued at $3,752,697. The trade was a 0.86 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.80% of the company’s stock.

Northern Oil and Gas Increases Dividend

The company also recently announced 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 annualized dividend and a yield of 5.45%. 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 (DPR) is presently 32.68%.

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.