Northern Oil and Gas
NOG
Market cap $3.17B

32.16 USD

+1.01

3.24%

At close Jun 13, 4:00 PM EDT

After hours

32.50

+0.34

1.06%

1 day

3.24%

5 days

10.33%

1 month

8.61%

3 months

13.52%

6 months

-21.00%

Year to date

-14.83%

1 year

-13.90%

5 years

174.87%

10 years

-54.25%

About: Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production. The company's oil and natural gas sales come from three geographic areas in the United States: the Williston Basin (North Dakota and Montana), the Permian Basin (New Mexico and Texas), the Uinta Basin, and the Appalachian Basin (Pennsylvania and Ohio).

Employees: 49

Energy Oil & Gas Exploration & Production

0

Funds holding %

of 7,296 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

26% more call options, than puts

Call options by funds: $52.8M | Put options by funds: $42.1M

2.58% more ownership

Funds ownership: 111.47% [Q4 2024] → 114.05% (+2.58%) [Q1 2025]

5% more repeat investments, than reductions

Existing positions increased: 136 | Existing positions reduced: 129

8% less funds holding

Funds holding: 393 [Q4 2024] → 363 (-30) [Q1 2025]

17% less capital invested

Capital invested by funds: $4.14B [Q4 2024] → $3.42B (-$719M) [Q1 2025]

32% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 73

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 2 (-1) [Q1 2025]

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$30

7%

downside

Avg. target

$34

6%

upside

High target

$38

18%

upside

6 analyst ratings

2 positive

33%

4 neutral

67%

0 negative

0%

B of A Securities Noah Hungness	3%upside $33	Buy Maintained	23 May 2025
Raymond James John Freeman	12%upside $36	Strong Buy Maintained	13 May 2025
Piper Sandler Mark Lear	7%downside $30	Neutral Maintained	13 May 2025
Mizuho William Janela	3%upside $33	Neutral Maintained	13 May 2025
RBC Capital Scott Hanold	6%upside $34	Sector Perform Reiterated	17 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about NOG published over the past 30 days

NOG Announces Proposed Reopening of 3.625% Convertible Senior Notes Due 2029

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Proposed Reopening of 3.625% Convertible Senior Notes Due 2029.

NOG Announces Proposed Reopening of 3.625% Convertible Senior Notes Due 2029

Zacks Investment Research

Northern Oil and Gas (NOG) Up 12.4% Since Last Earnings Report: Can It Continue?

Northern Oil and Gas (NOG) reported earnings 30 days ago. What's next for the stock?

Northern Oil and Gas (NOG) Up 12.4% Since Last Earnings Report: Can It Continue?

24/7 Wall Street

3 Strong Buy Ultra-High-Yield Dividend Stocks You Probably Never Heard Of

Investors love dividend stocks, especially high-yield varieties, because they offer a significant income stream and have substantial total return potential.

3 Strong Buy Ultra-High-Yield Dividend Stocks You Probably Never Heard Of

Zacks Investment Research

Northern Oil and Gas (NOG) Reports Q1 Earnings: What Key Metrics Have to Say

The headline numbers for Northern Oil and Gas (NOG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Northern Oil and Gas (NOG) Reports Q1 Earnings: What Key Metrics Have to Say

Zacks Investment Research

Northern's Q1 Earnings Beat Estimates, Revenues Increase Y/Y

NOG expects an average daily production of 130,000-135,000 barrels of oil equivalent for 2025, with oil production in the range of 75,000-79,000 barrels per day.

Northern's Q1 Earnings Beat Estimates, Revenues Increase Y/Y

Northern Oil and Gas: Strong Q1 2025 Performance, But Share Repurchase Ability May Be Constrained

Northern's Q1 2025 production exceeded its full-year guidance midpoint by 2% despite prior indications that it would be a lower volume quarter. Northern's Uinta Basin volumes improved more than 15% from Q4 2024. Northern is well hedged on oil for 2025, but its projected FCF at high-$50s oil for the remainder of the year is only slightly higher than its current dividend.

Northern Oil and Gas: Strong Q1 2025 Performance, But Share Repurchase Ability May Be Constrained

NOG Expands Credit Facility

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the completion of its semi-annual borrowing base redetermination under its reserves-based revolving credit facility (the “Facility”). In connection with the redetermination, the elected commitment amount increased from $1.5 billion to $1.6 billion and the borrowing base remains unchanged at $1.8 billion. The Company's bank group now includes 20 banks with the addition of CIBC Capital Ma.

NOG Expands Credit Facility

Northern Oil and Gas, Inc. (NOG) Q1 2025 Earnings Call Transcript

Northern Oil and Gas, Inc. (NYSE:NOG ) Q1 2025 Earnings Conference Call April 30, 2025 9:00 AM ET Company Participants Evelyn Infurna - Vice President of Investor Relations Nick O'Grady - Chief Executive Officer Adam Dirlam - President Chad Allen - Chief Financial Officer Conference Call Participants Noah Hungness - Bank of America Noel Parks - Tuohy Brothers Phillips Johnston - Capital One Operator Greetings and welcome to the NOG's First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Northern Oil and Gas, Inc. (NOG) Q1 2025 Earnings Call Transcript

NOG Declares $0.45 Quarterly Cash Dividend, 12.5% Increase Year-over-Year

MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.45 Quarterly Cash Dividend, 12.5% Increase Year-over-Year.

NOG Declares $0.45 Quarterly Cash Dividend, 12.5% Increase Year-over-Year

Zacks Investment Research

Northern Oil and Gas (NOG) Surpasses Q1 Earnings and Revenue Estimates

Northern Oil and Gas (NOG) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.28 per share a year ago.

Northern Oil and Gas (NOG) Surpasses Q1 Earnings and Revenue Estimates

See News Rankings

Charts implemented using Lightweight Charts™