Northern Oil and Gas, Inc. (NYSE:NOG – Free Report) – Investment analysts at Capital One Financial dropped their Q1 2025 earnings estimates for Northern Oil and Gas in a research note issued to investors on Friday, February 21st. Capital One Financial analyst P. Johnston now expects that the company will post earnings of $1.13 per share for the quarter, down from their prior forecast of $1.20. 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 $1.09 EPS, Q3 2025 earnings at $1.10 EPS, Q4 2025 earnings at $1.17 EPS, FY2025 earnings at $4.49 EPS and FY2028 earnings at $4.90 EPS.
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 analysts’ consensus estimates 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 firm had revenue of $545.47 million for the quarter, compared to analyst estimates of $552.34 million.
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Northern Oil and Gas Stock Up 0.9 %
NOG opened at $33.30 on Monday. Northern Oil and Gas has a fifty-two week low of $32.81 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 capitalization of $3.32 billion, a P/E ratio of 6.48 and a beta of 1.81. The stock has a fifty day moving average of $37.47 and a 200-day moving average of $38.29.
Institutional Trading of Northern Oil and Gas
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Avior Wealth Management LLC grew its holdings in shares of Northern Oil and Gas by 23.3% during 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 during the last quarter. First Horizon Advisors Inc. boosted its holdings in Northern Oil and Gas by 9.1% in the fourth quarter. First Horizon Advisors Inc. now owns 3,473 shares of the company’s stock valued at $129,000 after acquiring an additional 289 shares during the last quarter. Avantax Advisory Services Inc. boosted its holdings in Northern Oil and Gas by 2.3% in the fourth quarter. Avantax Advisory Services Inc. now owns 13,112 shares of the company’s stock valued at $487,000 after acquiring an additional 298 shares during the last quarter. Summit Investment Advisors Inc. boosted its holdings in Northern Oil and Gas by 3.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 10,378 shares of the company’s stock valued at $386,000 after acquiring an additional 329 shares during the last quarter. Finally, Legato Capital Management LLC boosted its holdings in Northern Oil and Gas by 5.8% in the fourth quarter. Legato Capital Management LLC now owns 6,383 shares of the company’s stock valued at $237,000 after acquiring an additional 349 shares during the last quarter. 98.80% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other news, 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 sale, the president now directly owns 96,223 shares in the company, valued at approximately $3,752,697. The trade was a 0.86 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.80% of the company’s stock.
Northern Oil and Gas Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, March 28th will be paid a dividend of $0.45 per share. This is an increase 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 5.41%. Northern Oil and Gas’s payout ratio 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.
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