Northern Oil and Gas, Inc. (NOG)

NYSE: NOG · Real-Time Price · USD
23.75
+0.13 (0.55%)
At close: May 22, 2026, 4:00 PM EDT
24.17
+0.42 (1.77%)
After-hours: May 22, 2026, 7:59 PM EDT
Market Cap2.50B -3.6%
Revenue (ttm)1.93B -6.9%
Net Income-623.07M
EPS-6.38
Shares Out 105.33M
PE Ration/a
Forward PE6.21
Dividend$1.80 (7.58%)
Ex-Dividend DateJun 29, 2026
Volume1,581,334
Open23.42
Previous Close23.62
Day's Range23.29 - 23.84
52-Week Range20.18 - 32.62
Beta0.77
AnalystsBuy
Price Target35.22 (+48.3%)
Earnings DateApr 28, 2026

About NOG

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. Northern Oil and Gas, Inc. was founded in 2006 and is headquartered in Minnetonka, Minnesota.

Sector Energy
Founded 2006
Employees 64
Stock Exchange NYSE
Ticker Symbol NOG
Full Company Profile

Financial Performance

In 2025, Northern Oil and Gas's revenue was $1.96 billion, a decrease of -2.14% compared to the previous year's $2.01 billion. Earnings were $38.76 million, a decrease of -92.55%.

Financial Statements

Analyst Summary

According to 9 analysts, the average rating for NOG stock is "Buy." The 12-month stock price target is $35.22, which is an increase of 48.30% from the latest price.

Price Target
$35.22
(48.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Northern Oil and Gas price target raised to $29 from $28 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Northern Oil and Gas (NOG) to $29 from $28 and keeps an Underweight rating on the shares.

2 days ago - TheFly

Northern Oil and Gas Transcript: AGM 2026

The meeting covered director elections, auditor ratification, and executive compensation, all of which were approved by stockholders. No additional business was raised, and no immediate questions required response. Final voting results will be filed with the SEC.

2 days ago - Transcripts

Northern Oil and Gas downgraded to Outperform from Strong Buy at Raymond James

Raymond James analyst John Freeman downgraded Northern Oil and Gas (NOG) to Outperform from Strong Buy with a price target of $35, down from $37. The company’s hedge position creates…

3 days ago - TheFly

Northern Oil and Gas downgraded to Hold from Accumulate at Johnson Rice

Johnson Rice analyst Charles Meade downgraded Northern Oil and Gas (NOG) to Hold from Accumulate with a $36 price target

4 days ago - TheFly

NOG Declares Quarterly Cash Dividend

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today announced that its Board of Directors has declared a cash dividend on the Company's common stock. DI...

10 days ago - Business Wire

Northern Oil and Gas Earnings Call Transcript: Q1 2026

Q1 2026 saw stable operations, record production, and robust Free Cash Flow, with strong results in Appalachia and Williston. The company is evaluating $10B in M&A, maintains high liquidity, and expects to narrow guidance as market volatility subsides.

25 days ago - Transcripts

Northern Oil and Gas Earnings release: Q1 2026

Northern Oil and Gas released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.

25 days ago - Filings

Northern Oil and Gas Slides: Q1 2026

Northern Oil and Gas has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 29, 2026.

25 days ago - Filings

Northern Oil and Gas Quarterly report: Q1 2026

Northern Oil and Gas has published its Q1 2026 quarterly earnings report on April 29, 2026.

25 days ago - Filings

Northern Oil and Gas reports Q1 adjusted EPS 74c, consensus 68c

Reports Q1 revenue $539.9M, consensus $507M. “The current geopolitical environment is creating a dynamic environment for our business, and NOG is well-positioned to navigate it. We are seeing improved...

25 days ago - TheFly

NOG Announces First Quarter 2026 Results

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces First Quarter 2026 Results.

25 days ago - Business Wire

Northern Oil and Gas options imply 4.7% move in share price post-earnings

Pre-earnings options volume in Northern Oil and Gas (NOG) is 1.5x normal with calls leading puts 19:2. Implied volatility suggests the market is anticipating a move near 4.7%, or $1.31,…

25 days ago - TheFly

Northern Oil and Gas price target lowered to $33 from $34 at BofA

BofA analyst Noah Hungness lowered the firm’s price target on Northern Oil and Gas (NOG) to $33 from $34 and keeps a Buy rating on the shares. The firm is…

27 days ago - TheFly

NOG Schedules First Quarter 2026 Earnings Release and Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it plans to issue its first quarter 2026 financial and operating results on Tuesday, ...

5 weeks ago - Business Wire

Northern Oil and Gas price target lowered to $36 from $39 at Citi

Citi lowered the firm’s price target on Northern Oil and Gas (NOG) to $36 from $39 and keeps a Buy rating on the shares. The firm updated the company’s model…

5 weeks ago - TheFly

NOG Publishes 2025 ESG Report

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it published its Environmental, Social and Governance (“ESG”) Report for the year end...

6 weeks ago - Business Wire

Northern Oil and Gas Proxy statement: Proxy filing

Northern Oil and Gas filed a proxy statement on April 10, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

Northern Oil and Gas Proxy statement: Proxy filing

Northern Oil and Gas filed a proxy statement on April 10, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

These energy stocks are especially cheap when you consider how expensive oil has become

Among equity analysts, a “rerating” is when the stock market catches up to an underlying trend. Energy stocks had started to increase before the attack against Iran by the U.S. and Israel caused oil p...

6 weeks ago - Market Watch

Northern Oil and Gas price target raised to $34 from $32 at BofA

BofA analyst Noah Hungness raised the firm’s price target on Northern Oil and Gas (NOG) to $34 from $32 and keeps a Buy rating on the shares, noting that its…

6 weeks ago - TheFly

Northern Oil and Gas price target raised to $39 from $34 at Citi

Citi analyst Paul Diamond raised the firm’s price target on Northern Oil and Gas (NOG) to $39 from $34 and keeps a Buy rating on the shares. The firm updated…

7 weeks ago - TheFly

Northern Oil and Gas price target raised to $28 from $24 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Northern Oil and Gas (NOG) to $28 from $24 and keeps an Underweight rating on the shares. Oil, LNG and refining margins…

2 months ago - TheFly

Northern Oil and Gas price target raised to $32 from $27 at BofA

BofA raised the firm’s price target on Northern Oil and Gas (NOG) to $32 from $27 and keeps a Buy rating on the shares. The firm said the price target…

2 months ago - TheFly

Northern Oil and Gas price target raised to $31 from $28 at Mizuho

Mizuho raised the firm’s price target on Northern Oil and Gas (NOG) to $31 from $28 and keeps a Neutral rating on the shares. The firm upped its 2026 oil…

2 months ago - TheFly

Northern Oil and Gas 7.2M share Spot Secondary priced at $27.75

The deal range was $27.75-$28.25. BofA acted as sole book running manager for the offering.

2 months ago - TheFly