Q1 Earnings Forecast for NOG Issued By Capital One Financial

Northern Oil and Gas, Inc. (NYSE:NOG) – Capital One Financial upped their Q1 2025 earnings per share estimates for shares of Northern Oil and Gas in a research note issued to investors on Wednesday, January 29th. Capital One Financial analyst P. Johnston now expects that the company will earn $1.26 per share for the quarter, up from their prior estimate of $1.25. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.34 per share. Capital One Financial also issued estimates for Northern Oil and Gas’ Q2 2025 earnings at $1.29 EPS, Q3 2025 earnings at $1.42 EPS and Q4 2025 earnings at $1.51 EPS.

Several other brokerages have also recently issued reports on NOG. Jefferies Financial Group began coverage on shares of Northern Oil and Gas in a research note on Thursday, October 3rd. They set a “buy” rating and a $53.00 price objective for the company. Truist Financial increased their price target on Northern Oil and Gas from $52.00 to $55.00 and gave the company a “buy” rating in a report on Monday, January 13th. Piper Sandler lowered their price objective on Northern Oil and Gas from $37.00 to $35.00 and set a “neutral” rating on the stock in a research note on Wednesday. Mizuho lowered Northern Oil and Gas from an “outperform” rating to a “neutral” rating and set a $47.00 price target on the stock. in a research note on Monday, December 16th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $45.00 price target on shares of Northern Oil and Gas in a research report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $47.56.

Northern Oil and Gas Trading Down 1.6 %

Shares of NOG opened at $37.19 on Thursday. The firm’s fifty day moving average is $39.73 and its two-hundred day moving average is $38.82. The stock has a market cap of $3.71 billion, a PE ratio of 4.46 and a beta of 1.85. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.84. Northern Oil and Gas has a 52-week low of $31.13 and a 52-week high of $44.31.

Northern Oil and Gas (NYSE:NOG) last announced its earnings results on Tuesday, November 5th. The company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.20. The business had revenue of $753.64 million for the quarter, compared to analyst estimates of $540.23 million. Northern Oil and Gas had a net margin of 33.44% and a return on equity of 27.52%. The company’s revenue for the quarter was up 140.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.73 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Xponance Inc. raised its holdings in Northern Oil and Gas by 18.4% during the second quarter. Xponance Inc. now owns 6,294 shares of the company’s stock worth $234,000 after purchasing an additional 977 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in Northern Oil and Gas by 10.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 56,288 shares of the company’s stock valued at $2,092,000 after acquiring an additional 5,192 shares in the last quarter. Algert Global LLC acquired a new position in Northern Oil and Gas during the second quarter worth about $340,000. Creative Planning increased its stake in shares of Northern Oil and Gas by 80.6% during the 2nd quarter. Creative Planning now owns 23,712 shares of the company’s stock worth $881,000 after purchasing an additional 10,580 shares in the last quarter. Finally, Quarry LP raised its position in shares of Northern Oil and Gas by 338.8% during the 2nd quarter. Quarry LP now owns 1,132 shares of the company’s stock worth $42,000 after purchasing an additional 874 shares during the last quarter. Institutional investors and hedge funds own 98.80% of the company’s stock.

Insider Buying and Selling at Northern Oil and Gas

In other Northern Oil and Gas news, President Adam A. Dirlam sold 836 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $39.00, for a total transaction of $32,604.00. Following the transaction, the president now owns 96,223 shares in the company, valued at approximately $3,752,697. The trade was a 0.86 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders sold a total of 1,836 shares of company stock valued at $72,869 in the last ninety days. Insiders own 2.80% of the company’s stock.

Northern Oil and Gas Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, March 28th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 4.84%. The ex-dividend date of this dividend is Friday, March 28th. This is a boost from Northern Oil and Gas’s previous quarterly dividend of $0.42. Northern Oil and Gas’s payout ratio is 20.17%.

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.