Q1 Earnings Forecast for NOG Issued By Capital One Financial

Northern Oil and Gas, Inc. (NYSE:NOG) – Capital One Financial lowered their Q1 2025 earnings per share (EPS) estimates for shares of Northern Oil and Gas in a research note issued on Tuesday, February 18th. Capital One Financial analyst P. Johnston now expects that the company will post earnings per share of $1.20 for the quarter, down from their previous forecast of $1.26. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.25 per share. Capital One Financial also issued estimates for Northern Oil and Gas’ Q2 2025 earnings at $1.19 EPS, Q3 2025 earnings at $1.24 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $4.95 EPS and FY2026 earnings at $4.93 EPS.

Northern Oil and Gas (NYSE:NOG) last issued its earnings results on Wednesday, February 19th. The company reported $1.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.27 by ($0.16). Northern Oil and Gas had a net margin of 23.38% and a return on equity of 24.96%. The firm had revenue of $545.47 million during the quarter, compared to analyst estimates of $552.34 million.

Other equities research analysts also recently issued reports about the stock. Truist Financial raised their target price on shares of 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. Mizuho downgraded shares of Northern Oil and Gas from an “outperform” rating to a “neutral” rating and set a $47.00 target price for the company. in a research note on Monday, December 16th. Royal Bank of Canada cut their target price on shares of Northern Oil and Gas from $45.00 to $40.00 and set a “sector perform” rating for the company in a research note on Thursday, February 13th. Finally, Piper Sandler cut their target price on shares of Northern Oil and Gas from $37.00 to $35.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Northern Oil and Gas has a consensus rating of “Hold” and an average price target of $47.00.

Northern Oil and Gas Trading Up 0.2 %

Shares of NYSE:NOG opened at $35.48 on Friday. Northern Oil and Gas has a 52-week low of $33.17 and a 52-week high of $44.31. The company has a market capitalization of $3.54 billion, a P/E ratio of 6.90 and a beta of 1.81. The company has a 50-day simple moving average of $37.62 and a 200 day simple moving average of $38.30. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.23 and a current ratio of 1.23.

Northern Oil and Gas Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, March 28th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.07%. This is an increase from Northern Oil and Gas’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Friday, March 28th. Northern Oil and Gas’s payout ratio is presently 32.68%.

Insider Activity

In other news, President Adam A. Dirlam sold 836 shares of Northern Oil and Gas stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $39.00, for a total value of $32,604.00. Following the completion of the sale, the president now directly owns 96,223 shares in the company, valued at approximately $3,752,697. The trade was a 0.86 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 2.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC bought a new position in Northern Oil and Gas in the third quarter valued at approximately $25,000. Headlands Technologies LLC bought a new position in Northern Oil and Gas in the fourth quarter valued at approximately $29,000. Signaturefd LLC increased its stake in Northern Oil and Gas by 100.5% in the third quarter. Signaturefd LLC now owns 852 shares of the company’s stock valued at $30,000 after acquiring an additional 427 shares during the last quarter. Blue Trust Inc. increased its stake in Northern Oil and Gas by 177.2% in the fourth quarter. Blue Trust Inc. now owns 1,253 shares of the company’s stock valued at $44,000 after acquiring an additional 801 shares during the last quarter. Finally, Avior Wealth Management LLC increased its stake in Northern Oil and Gas by 23.3% in the fourth quarter. Avior Wealth Management LLC now owns 1,372 shares of the company’s stock valued at $51,000 after acquiring an additional 259 shares during the last quarter. 98.80% of the stock is 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.