Q2 EPS Forecast for Northern Oil and Gas Lifted by Analyst

Northern Oil and Gas, Inc. (NYSE:NOG) – Research analysts at Capital One Financial upped their Q2 2025 EPS estimates for shares of Northern Oil and Gas in a research report issued on Thursday, July 24th. Capital One Financial analyst P. Johnston now expects that the company will post earnings per share of $1.03 for the quarter, up from their previous estimate of $0.96. 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’ Q4 2025 earnings at $1.01 EPS, FY2025 earnings at $4.35 EPS and FY2026 earnings at $3.64 EPS.

Several other equities analysts have also recently weighed in on NOG. Mizuho dropped their price objective on Northern Oil and Gas from $33.00 to $32.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 16th. Citigroup raised 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 research report on Wednesday, July 9th. Piper Sandler upped their price objective on shares of 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. Royal Bank Of Canada dropped 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 report on Monday, July 14th. Finally, Bank of America boosted their target price on Northern Oil and Gas from $29.00 to $33.00 and gave the stock a “buy” rating in a research note on Friday, May 23rd. One analyst has rated the stock with a sell rating, five have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $38.78.

Northern Oil and Gas Stock Down 0.6%

Shares of NYSE:NOG opened at $29.54 on Monday. The business’s 50 day moving average is $29.03 and its 200 day 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 stock has a market cap of $2.92 billion, a price-to-earnings ratio of 4.60 and a beta of 1.50. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.96.

Northern Oil and Gas (NYSE:NOG) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.12 by $0.21. The firm had revenue of $602.10 million during the quarter, compared to the consensus estimate of $568.87 million. Northern Oil and Gas had a return on equity of 23.46% and a net margin of 26.64%. The company’s quarterly revenue was up 51.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.28 earnings per share.

Institutional Investors Weigh In On Northern Oil and Gas

A number of hedge funds have recently modified their holdings of the stock. Summit Investment Advisors Inc. increased its position 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 worth $386,000 after buying an additional 329 shares during the last quarter. Signaturefd LLC grew its stake in shares of Northern Oil and Gas by 60.0% during the 1st quarter. Signaturefd LLC now owns 1,080 shares of the company’s stock worth $33,000 after acquiring an additional 405 shares during the period. Van Den Berg Management I Inc. grew its stake in shares of Northern Oil and Gas by 1.2% during the 4th quarter. Van Den Berg Management I Inc. now owns 36,895 shares of the company’s stock worth $1,371,000 after acquiring an additional 446 shares during the period. Byrne Asset Management LLC increased its holdings in Northern Oil and Gas by 54.9% in the 1st quarter. Byrne Asset Management LLC now owns 1,363 shares of the company’s stock worth $41,000 after acquiring an additional 483 shares during the last quarter. Finally, Fifth Third Bancorp raised its stake in Northern Oil and Gas by 26.7% in the 1st quarter. Fifth Third Bancorp now owns 2,480 shares of the company’s stock valued at $75,000 after acquiring an additional 523 shares during the period. Institutional investors own 98.80% of the company’s stock.

Northern Oil and Gas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Friday, June 27th will be paid a dividend of $0.45 per share. The ex-dividend date is Friday, June 27th. This represents a $1.80 annualized dividend and a dividend yield of 6.09%. Northern Oil and Gas’s payout ratio is currently 28.04%.

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.