William Blair Issues Pessimistic Estimate for NOG Earnings

Northern Oil and Gas, Inc. (NYSE:NOG) – Equities research analysts at William Blair cut their Q3 2025 EPS estimates for shares of Northern Oil and Gas in a research note issued to investors on Wednesday, October 22nd. William Blair analyst N. Dingmann now forecasts that the company will earn $0.64 per share for the quarter, down from their prior estimate of $0.91. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.18 per share.

A number of other equities research analysts also recently weighed in on NOG. Piper Sandler reaffirmed a “neutral” rating and set a $25.00 price objective (down previously from $31.00) on shares of Northern Oil and Gas in a research report on Monday, August 4th. Mizuho lowered their price objective on shares of Northern Oil and Gas from $32.00 to $28.00 and set a “neutral” rating for the company in a research report on Monday, September 15th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Northern Oil and Gas in a research report on Wednesday, October 8th. Royal Bank Of Canada decreased their target price on shares of Northern Oil and Gas from $34.00 to $33.00 and set a “sector perform” rating for the company in a research report on Monday, July 14th. Finally, Morgan Stanley restated an “underweight” rating and issued a $26.00 target price (down previously from $27.00) on shares of Northern Oil and Gas in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $33.00.

Northern Oil and Gas Price Performance

Shares of NYSE:NOG opened at $22.27 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.98. Northern Oil and Gas has a fifty-two week low of $19.88 and a fifty-two week high of $44.31. The firm has a 50-day simple moving average of $24.63 and a 200 day simple moving average of $26.27. The company has a market cap of $2.17 billion, a PE ratio of 3.67 and a beta of 1.61.

Northern Oil and Gas (NYSE:NOG) last announced its quarterly earnings data on Monday, March 6th. The company reported $1.06 earnings per share for the quarter. Northern Oil and Gas had a net margin of 23.62% and a return on equity of 22.12%. The business had revenue of $319.19 million during the quarter.

Northern Oil and Gas Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, September 29th will be given a $0.45 dividend. The ex-dividend date is Monday, September 29th. This represents a $1.80 annualized dividend and a yield of 8.1%. Northern Oil and Gas’s dividend payout ratio is 29.70%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Pinnacle Holdings LLC bought a new position in shares of Northern Oil and Gas in the first quarter valued at approximately $28,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Northern Oil and Gas by 133.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 954 shares of the company’s stock valued at $27,000 after acquiring an additional 545 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Northern Oil and Gas by 200.3% in the second quarter. UMB Bank n.a. now owns 955 shares of the company’s stock valued at $27,000 after acquiring an additional 637 shares in the last quarter. Laurel Wealth Advisors LLC boosted its holdings in shares of Northern Oil and Gas by 2,736.1% in the second quarter. Laurel Wealth Advisors LLC now owns 1,021 shares of the company’s stock valued at $29,000 after acquiring an additional 985 shares in the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Northern Oil and Gas by 60.0% in the first quarter. Signaturefd LLC now owns 1,080 shares of the company’s stock valued at $33,000 after acquiring an additional 405 shares in the last quarter. 98.80% of the stock is currently owned by institutional investors.

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.