Q3 EPS Estimates for NOG Raised by Capital One Financial

Northern Oil and Gas, Inc. (NYSE:NOG) – Stock analysts at Capital One Financial raised their Q3 2026 earnings estimates for Northern Oil and Gas in a report released on Thursday, November 13th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $0.79 per share for the quarter, up from their prior estimate of $0.78. 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’ FY2027 earnings at $3.65 EPS.

NOG has been the subject of a number of other research reports. William Blair started coverage on Northern Oil and Gas in a report on Monday, August 25th. They set an “outperform” rating for the company. Mizuho dropped their price target on 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. Citigroup reduced their price objective on Northern Oil and Gas from $32.00 to $28.00 and set a “buy” rating for the company in a research note on Monday, October 20th. Piper Sandler restated a “neutral” rating and issued a $25.00 price objective (down previously from $31.00) on shares of Northern Oil and Gas in a report on Monday, August 4th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Northern Oil and Gas in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Northern Oil and Gas currently has an average rating of “Hold” and a consensus target price of $33.00.

Northern Oil and Gas Trading Up 2.0%

NOG stock opened at $22.29 on Monday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.98. 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 $2.18 billion, a price-to-earnings ratio of 3.68 and a beta of 1.48. The business’s 50-day moving average is $23.44 and its 200 day moving average is $26.10.

Northern Oil and Gas (NYSE:NOG) last released its earnings results on Monday, March 6th. The company reported $1.06 EPS 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, December 30th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a $1.80 dividend on an annualized basis and a yield of 8.1%. Northern Oil and Gas’s payout ratio is 101.69%.

Institutional Trading of Northern Oil and Gas

Hedge funds and other institutional investors have recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB boosted its position in shares of Northern Oil and Gas by 133.3% during the 2nd 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 during the last quarter. UMB Bank n.a. raised its stake in Northern Oil and Gas by 200.3% during the second quarter. UMB Bank n.a. now owns 955 shares of the company’s stock worth $27,000 after purchasing an additional 637 shares during the period. First Horizon Corp purchased a new position in Northern Oil and Gas during the third quarter worth about $27,000. Pinnacle Holdings LLC acquired a new position in Northern Oil and Gas in the 1st quarter valued at about $28,000. Finally, Laurel Wealth Advisors LLC grew its stake in shares of Northern Oil and Gas by 2,736.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,021 shares of the company’s stock valued at $29,000 after buying an additional 985 shares during the period. 98.80% of the stock is owned by institutional investors and hedge funds.

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.