Rep. Lisa C. McClain Purchases Shares of Northern Oil and Gas, Inc. (NYSE:NOG)

Representative Lisa C. McClain (R-Michigan) recently bought shares of Northern Oil and Gas, Inc. (NYSE:NOG). In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Northern Oil and Gas stock on July 16th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Autoliv (NYSE:ALV) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of XPO (NYSE:XPO) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of Lithia Motors (NYSE:LAD) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Sanofi (NASDAQ:SNY) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of Group 1 Automotive (NYSE:GPI) on 7/22/2025.

Northern Oil and Gas Price Performance

NOG opened at $24.42 on Monday. Northern Oil and Gas, Inc. has a 1 year low of $19.88 and a 1 year high of $44.31. The company’s 50 day simple moving average is $28.48 and its 200 day simple moving average is $28.51. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a market capitalization of $2.38 billion, a PE ratio of 4.03 and a beta of 1.55.

Northern Oil and Gas (NYSE:NOG) last posted its quarterly earnings data on Thursday, July 31st. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.50. Northern Oil and Gas had a net margin of 23.62% and a return on equity of 22.12%. The business had revenue of $706.81 million during the quarter, compared to the consensus estimate of $555.54 million. During the same quarter in the prior year, the company posted $1.46 earnings per share. The company’s quarterly revenue was up 26.0% compared to the same quarter last year. As a group, sell-side analysts expect that Northern Oil and Gas, Inc. will post 5.18 EPS for the current year.

Northern Oil and Gas Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, September 29th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Monday, September 29th. Northern Oil and Gas’s dividend payout ratio (DPR) is currently 29.70%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on NOG. Royal Bank Of Canada reduced their price objective on 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. Bank of America boosted their price objective on Northern Oil and Gas from $29.00 to $33.00 and gave the company a “buy” rating in a research report on Friday, May 23rd. Piper Sandler reiterated 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 note on Monday, August 4th. Morgan Stanley downgraded Northern Oil and Gas from a “positive” rating to an “underweight” rating in a research report on Monday. Finally, Mizuho decreased their target price on Northern Oil and Gas from $33.00 to $32.00 and set a “neutral” rating for the company in a research note on Wednesday, July 16th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.11.

Institutional Trading of Northern Oil and Gas

Large investors have recently modified their holdings of the company. DLD Asset Management LP lifted its holdings in shares of Northern Oil and Gas by 42.9% during the 2nd quarter. DLD Asset Management LP now owns 25,000,000 shares of the company’s stock valued at $708,750,000 after purchasing an additional 7,500,000 shares during the last quarter. American Century Companies Inc. lifted its stake in Northern Oil and Gas by 6.4% in the 1st quarter. American Century Companies Inc. now owns 6,953,377 shares of the company’s stock worth $210,201,000 after purchasing an additional 415,781 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Northern Oil and Gas by 30.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,298,379 shares of the company’s stock worth $129,939,000 after buying an additional 1,001,493 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Northern Oil and Gas by 25.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,951,505 shares of the company’s stock valued at $56,867,000 after purchasing an additional 397,128 shares during the last quarter. Finally, Channing Capital Management LLC grew its stake in shares of Northern Oil and Gas by 8.7% in the first quarter. Channing Capital Management LLC now owns 1,920,258 shares of the company’s stock worth $58,049,000 after acquiring an additional 153,635 shares in the last quarter. Hedge funds and other institutional investors own 98.80% of the company’s stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.