Northern Oil and Gas (NOG) to Release Earnings on Thursday

Northern Oil and Gas (NYSE:NOG) is expected to be releasing its Q2 2025 earnings data after the market closes on Thursday, July 31st. Analysts expect Northern Oil and Gas to post earnings of $0.92 per share and revenue of $555.54 million for the quarter.

Northern Oil and Gas (NYSE:NOG) last released its earnings results on Tuesday, April 29th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.21. Northern Oil and Gas had a net margin of 26.64% and a return on equity of 23.46%. The business had revenue of $602.10 million for the quarter, compared to the consensus estimate of $568.87 million. During the same period in the previous year, the firm earned $1.28 EPS. The business’s revenue for the quarter was up 51.9% on a year-over-year basis. On average, analysts expect Northern Oil and Gas to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Northern Oil and Gas Stock Down 0.6%

NYSE NOG opened at $29.54 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.92 and a quick ratio of 0.92. The company’s 50 day simple moving average is $29.03 and its 200 day simple moving average is $29.89. Northern Oil and Gas has a 12 month low of $19.88 and a 12 month high of $44.31. The company has a market capitalization of $2.92 billion, a P/E ratio of 4.60 and a beta of 1.50.

Northern Oil and Gas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Friday, June 27th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Friday, June 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.09%. Northern Oil and Gas’s payout ratio is currently 28.04%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC boosted its stake in shares of Northern Oil and Gas by 55.1% during the 1st quarter. AQR Capital Management LLC now owns 40,781 shares of the company’s stock valued at $1,233,000 after buying an additional 14,492 shares during the period. Intech Investment Management LLC raised its holdings in shares of Northern Oil and Gas by 41.8% during the first quarter. Intech Investment Management LLC now owns 46,453 shares of the company’s stock worth $1,404,000 after acquiring an additional 13,690 shares in the last quarter. Empowered Funds LLC boosted its position in Northern Oil and Gas by 5.0% during the first quarter. Empowered Funds LLC now owns 65,217 shares of the company’s stock valued at $1,972,000 after purchasing an additional 3,124 shares during the last quarter. Strs Ohio purchased a new position in Northern Oil and Gas in the first quarter valued at about $88,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Northern Oil and Gas by 3.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 58,334 shares of the company’s stock worth $1,763,000 after purchasing an additional 1,865 shares during the last quarter. Institutional investors and hedge funds own 98.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on NOG. Bank of America boosted their target price on shares of Northern Oil and Gas from $29.00 to $33.00 and gave the stock a “buy” rating in a report on Friday, May 23rd. Citigroup boosted their price target on shares of Northern Oil and Gas from $34.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. Raymond James Financial restated a “strong-buy” rating on shares of Northern Oil and Gas in a report on Tuesday, May 13th. Royal Bank Of Canada cut their target price on shares of Northern Oil and Gas from $34.00 to $33.00 and set a “sector perform” rating on the stock in a research note on Monday, July 14th. Finally, Piper Sandler raised their target price on Northern Oil and Gas from $30.00 to $31.00 and gave the stock a “neutral” rating in a research report on Thursday, July 17th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Northern Oil and Gas has a consensus rating of “Hold” and a consensus target price of $38.78.

About Northern Oil and Gas

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.