Equities Analysts Offer Predictions for NOG Q4 Earnings

Northern Oil and Gas, Inc. (NYSE:NOG) – Research analysts at Zacks Research dropped their Q4 2025 earnings per share (EPS) estimates for shares of Northern Oil and Gas in a research note issued to investors on Thursday, October 23rd. Zacks Research analyst Team now expects that the company will post earnings per share of $0.87 for the quarter, down from their prior forecast of $0.88. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.18 per share. Zacks Research also issued estimates for Northern Oil and Gas’ Q1 2026 earnings at $0.72 EPS, Q3 2026 earnings at $0.73 EPS, FY2026 earnings at $2.88 EPS, Q1 2027 earnings at $0.76 EPS, Q2 2027 earnings at $0.78 EPS, Q3 2027 earnings at $0.79 EPS and FY2027 earnings at $3.14 EPS.

A number of other research analysts have also commented on NOG. William Blair assumed coverage on Northern Oil and Gas in a research report on Monday, August 25th. They issued an “outperform” rating on the stock. Citigroup decreased their price objective on Northern Oil and Gas from $32.00 to $28.00 and set a “buy” rating on the stock in a research report on Monday, October 20th. Piper Sandler reiterated a “neutral” rating and issued a $25.00 price objective (down from $31.00) on shares of Northern Oil and Gas in a research report on Monday, August 4th. Royal Bank Of Canada decreased their price objective on Northern Oil and Gas from $34.00 to $33.00 and set a “sector perform” rating on the stock in a research report on Monday, July 14th. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $26.00 price objective (down from $27.00) on shares of Northern Oil and Gas in a research note on Tuesday, October 14th. 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. According to data from MarketBeat.com, Northern Oil and Gas currently has an average rating of “Hold” and a consensus target price of $33.00.

Northern Oil and Gas Stock Down 2.8%

Shares of NOG opened at $21.57 on Friday. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 3.56 and a beta of 1.61. 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 business’s fifty day moving average price is $24.57 and its two-hundred day moving average price is $26.31. Northern Oil and Gas has a 52 week low of $19.88 and a 52 week high of $44.31.

Northern Oil and Gas (NYSE:NOG) last announced its quarterly earnings data on Monday, March 6th. The company reported $1.06 EPS for the quarter. The firm had revenue of $319.19 million for the quarter. Northern Oil and Gas had a return on equity of 22.12% and a net margin of 23.62%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB lifted its holdings in Northern Oil and Gas by 133.3% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 954 shares of the company’s stock worth $27,000 after acquiring an additional 545 shares in the last quarter. UMB Bank n.a. lifted its holdings 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 acquiring an additional 637 shares in the last quarter. Pinnacle Holdings LLC bought a new position in Northern Oil and Gas during the first quarter worth about $28,000. Laurel Wealth Advisors LLC lifted its holdings in Northern Oil and Gas by 2,736.1% during the second quarter. Laurel Wealth Advisors LLC now owns 1,021 shares of the company’s stock worth $29,000 after acquiring an additional 985 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in Northern Oil and Gas by 60.0% during the first quarter. Signaturefd LLC now owns 1,080 shares of the company’s stock worth $33,000 after acquiring an additional 405 shares in the last quarter. 98.80% of the stock is currently owned by institutional investors.

Northern Oil and Gas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Monday, September 29th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, September 29th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.3%. Northern Oil and Gas’s payout ratio is 29.70%.

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.