Weekly Investment Analysts’ Ratings Changes for Northern Oil and Gas (NOG)

Several analysts have recently updated their ratings and price targets for Northern Oil and Gas (NYSE: NOG):

• 7/23/2026 – Northern Oil and Gas was downgraded by Weiss Ratings from “sell (d+)” to “sell (d)”.
• 7/20/2026 – Northern Oil and Gas had its price target lowered by Citigroup Inc. from $36.00 to $28.00. They now have a “buy” rating on the stock.
• 7/15/2026 – Northern Oil and Gas had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $28.00 price target on the stock.
• 7/14/2026 – Northern Oil and Gas had its price target lowered by Mizuho from $31.00 to $29.00. They now have a “neutral” rating on the stock.
• 6/29/2026 – Northern Oil and Gas was given a new $25.00 price target by Morgan Stanley. They now have an “underweight” rating on the stock.
• 6/27/2026 – Northern Oil and Gas was downgraded by Wall Street Zen from “buy” to “hold”.
• 6/15/2026 – Northern Oil and Gas was given a new $30.00 price target by Raymond James Financial, Inc.. They now have an “outperform” rating on the stock.
• 6/13/2026 – Northern Oil and Gas was upgraded by Wall Street Zen from “hold” to “buy”.

Northern Oil and Gas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Monday, June 29th were given a $0.45 dividend. The ex-dividend date was Monday, June 29th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.5%. Northern Oil and Gas’s dividend payout ratio (DPR) is -28.26%.

Insider Buying and Selling at Northern Oil and Gas

In related news, Director Bahram Akradi purchased 25,760 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was acquired at an average price of $19.40 per share, for a total transaction of $499,744.00. Following the transaction, the director directly owned 1,713,444 shares of the company’s stock, valued at $33,240,813.60. This trade represents a 1.53% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.80% of the stock is owned by company insiders.

Northern Oil and Gas, Inc is a publicly traded independent energy company focused on the acquisition, exploration and development of oil and natural gas resources in the United States. The company’s primary operations are concentrated in the Williston Basin, where it secures acreage positions and partners with drilling operators to advance upstream projects. Through strategic leasehold acquisitions and joint ventures, Northern Oil and Gas seeks to expand its footprint in both conventional and unconventional reservoirs.

Northern Oil and Gas employs horizontal drilling and hydraulic fracturing technologies to develop unconventional resource plays, particularly in the Bakken, Three Forks and Red River formations of North Dakota and Montana.