Q2 EPS Forecast for Northern Oil and Gas Lowered by Analyst

Northern Oil and Gas, Inc. (NYSE:NOG) – Equities researchers at Roth Capital dropped their Q2 2025 earnings per share (EPS) estimates for shares of Northern Oil and Gas in a report released on Monday, March 31st. Roth Capital analyst J. White now expects that the company will post earnings per share of $0.89 for the quarter, down from their prior forecast of $0.92. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.18 per share. Roth Capital also issued estimates for Northern Oil and Gas’ Q3 2025 earnings at $1.00 EPS and FY2025 earnings at $4.25 EPS.

Northern Oil and Gas (NYSE:NOG) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $1.11 EPS for the quarter, missing the consensus estimate of $1.27 by ($0.16). The business had revenue of $545.47 million for the quarter, compared to analyst estimates of $552.34 million. Northern Oil and Gas had a net margin of 23.38% and a return on equity of 24.41%.

NOG has been the topic of several other research reports. Capital One Financial lowered shares of Northern Oil and Gas from an “overweight” rating to an “equal weight” rating in a research report on Friday, February 21st. Truist Financial increased their price objective on Northern Oil and Gas from $52.00 to $55.00 and gave the company a “buy” rating in a research note on Monday, January 13th. Morgan Stanley decreased their target price on shares of Northern Oil and Gas from $43.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 27th. Citigroup reduced their price target on Northern Oil and Gas from $55.00 to $45.00 and set a “buy” rating on the stock in a report on Tuesday, February 25th. Finally, Piper Sandler decreased their price objective on Northern Oil and Gas from $37.00 to $35.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $45.44.

Northern Oil and Gas Stock Down 1.3 %

Northern Oil and Gas stock opened at $29.82 on Wednesday. The firm has a market cap of $2.96 billion, a price-to-earnings ratio of 5.80 and a beta of 1.84. Northern Oil and Gas has a 52 week low of $26.60 and a 52 week high of $44.31. The business’s 50-day moving average price is $32.79 and its 200 day moving average price is $36.79. The company has a quick ratio of 1.23, a current ratio of 0.92 and a debt-to-equity ratio of 1.02.

Northern Oil and Gas Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, March 28th will be paid a $0.45 dividend. This is an increase from Northern Oil and Gas’s previous quarterly dividend of $0.42. The ex-dividend date is Friday, March 28th. This represents a $1.80 annualized dividend and a dividend yield of 6.04%. Northern Oil and Gas’s payout ratio is 35.02%.

Northern Oil and Gas announced that its Board of Directors has authorized a stock repurchase program on Tuesday, March 11th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the company to buy up to 3.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling

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 completion of the transaction, the president now directly owns 96,223 shares of the company’s stock, valued at approximately $3,752,697. The trade was a 0.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Nicholas L. O’grady bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The shares were purchased at an average price of $27.48 per share, for a total transaction of $27,480.00. Following the completion of the purchase, the chief executive officer now directly owns 226,189 shares of the company’s stock, valued at approximately $6,215,673.72. This trade represents a 0.44 % increase in their position. The disclosure for this purchase can be found here. 2.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Northern Oil and Gas

A number of institutional investors and hedge funds have recently modified their holdings of the company. Avior Wealth Management LLC lifted its holdings in Northern Oil and Gas by 23.3% during the 4th quarter. Avior Wealth Management LLC now owns 1,372 shares of the company’s stock worth $51,000 after buying an additional 259 shares during the last quarter. First Horizon Advisors Inc. raised its position in shares of Northern Oil and Gas by 9.1% during the 4th quarter. First Horizon Advisors Inc. now owns 3,473 shares of the company’s stock worth $129,000 after acquiring an additional 289 shares in the last quarter. Avantax Advisory Services Inc. lifted its stake in Northern Oil and Gas by 2.3% during the fourth quarter. Avantax Advisory Services Inc. now owns 13,112 shares of the company’s stock worth $487,000 after purchasing 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 purchasing an additional 329 shares in the last quarter. Finally, Legato Capital Management LLC increased its stake 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 purchasing an additional 349 shares during the last quarter. Institutional investors and hedge funds own 98.80% of the company’s stock.

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.