Capital One Financial Has Optimistic View of NOG Q1 Earnings

Northern Oil and Gas, Inc. (NYSE:NOG) – Investment analysts at Capital One Financial raised their Q1 2025 earnings per share (EPS) estimates for shares of Northern Oil and Gas in a research report issued on Wednesday, March 5th. Capital One Financial analyst P. Johnston now anticipates that the company will earn $1.17 per share for the quarter, up from their previous forecast of $1.13. Capital One Financial has a “Equal Weight” rating on the stock. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.18 per share. Capital One Financial also issued estimates for Northern Oil and Gas’ Q2 2025 earnings at $1.13 EPS, Q3 2025 earnings at $1.14 EPS, Q4 2025 earnings at $1.21 EPS, FY2025 earnings at $4.64 EPS and FY2026 earnings at $4.36 EPS.

Northern Oil and Gas (NYSE:NOG) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $1.11 earnings per share for the quarter, missing the consensus estimate of $1.27 by ($0.16). The firm had revenue of $545.47 million for the quarter, compared to analysts’ expectations of $552.34 million. Northern Oil and Gas had a net margin of 23.38% and a return on equity of 24.41%.

A number of other analysts also recently commented on NOG. Morgan Stanley set a $43.00 target price on Northern Oil and Gas in a research note on Wednesday, January 22nd. Truist Financial upped their target price on Northern Oil and Gas from $52.00 to $55.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. Royal Bank of Canada lowered their target price on Northern Oil and Gas from $45.00 to $40.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 13th. Mizuho downgraded Northern Oil and Gas from an “outperform” rating to a “neutral” rating and set a $47.00 target price on the stock. in a research note on Monday, December 16th. Finally, Citigroup lowered their target price on Northern Oil and Gas from $55.00 to $45.00 and set a “buy” rating on the stock in a research note on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Northern Oil and Gas has an average rating of “Hold” and an average target price of $46.89.

Northern Oil and Gas Stock Up 0.3 %

Northern Oil and Gas stock opened at $27.98 on Monday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.23 and a current ratio of 0.92. The business’s 50-day simple moving average is $35.77 and its two-hundred day simple moving average is $37.54. The company has a market cap of $2.77 billion, a PE ratio of 5.44 and a beta of 1.84. Northern Oil and Gas has a fifty-two week low of $26.59 and a fifty-two week high of $44.31.

Northern Oil and Gas declared that its board has approved a stock repurchase program on Tuesday, March 11th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to purchase up to 3.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Northern Oil and Gas Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, March 28th will be issued a dividend of $0.45 per share. The ex-dividend date is Friday, March 28th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.43%. This is a boost from Northern Oil and Gas’s previous quarterly dividend of $0.42. Northern Oil and Gas’s dividend payout ratio is presently 35.02%.

Insider Buying and Selling at Northern Oil and Gas

In related news, Director Bahram Akradi purchased 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average price of $28.03 per share, with a total value of $1,121,200.00. Following the completion of the acquisition, the director now owns 1,662,016 shares in the company, valued at $46,586,308.48. This trade represents a 2.47 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Nicholas L. O’grady purchased 1,000 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The stock was bought at an average cost of $27.48 per share, with a total value of $27,480.00. Following the acquisition, the chief executive officer now owns 226,189 shares of the company’s stock, valued at approximately $6,215,673.72. The trade was a 0.44 % increase in their position. The disclosure for this purchase can be found here. Insiders own 2.80% of the company’s stock.

Institutional Investors Weigh In On Northern Oil and Gas

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NOG. Legacy Investment Solutions LLC acquired a new stake in Northern Oil and Gas during the third quarter worth $25,000. Headlands Technologies LLC acquired a new stake in Northern Oil and Gas during the fourth quarter worth $29,000. Blue Trust Inc. boosted its position in shares of Northern Oil and Gas by 177.2% during the fourth quarter. Blue Trust Inc. now owns 1,253 shares of the company’s stock worth $44,000 after buying an additional 801 shares during the period. Avior Wealth Management LLC boosted its position in shares of Northern Oil and Gas by 23.3% during the fourth quarter. Avior Wealth Management LLC now owns 1,372 shares of the company’s stock worth $51,000 after buying an additional 259 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Northern Oil and Gas during the fourth quarter worth $66,000. Institutional investors and hedge funds own 98.80% of the company’s stock.

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.