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NOG

Northern Oil and Gas Inc
$
29.500
-0.21(-0.707%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings
Line
Line
|
Candle
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
29.7927
Open
29.680
VWAP
--
Vol
1.44M
Mkt Cap
2.91B
Low
28.970
Amount
--
EV/EBITDA(TTM)
3.34
Total Shares
101.06M
EV
5.19B
EV/OCF(TTM)
3.64
P/S(TTM)
1.35
Northern Oil and Gas, Inc. is a real asset company that focuses on acquiring and investing in non-operated minority working and mineral interests in the hydrocarbon producing basins. The Company is engaged as a non-operator in the acquisition, exploration, development and production of oil and natural gas properties in the United States, primarily in the Williston Basin, the Permian Basin, the Appalachian Basin and the Uinta Basin. Its portfolio comprises 300,000 acres of low-breakeven land with over 10,000 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. It engages in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include its acreage. In addition, it acquires wellbore-only working interests in wells in which it does not hold the underlying leasehold interests from third parties.
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Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q2
FY2025Q3
FY2025Q4
529.67M
-5.59%
0.954
-34.66%
543.45M
+5.83%
1.023
-26.96%
555.16M
+1.78%
1.046
-5.79%
Estimates Revision
The market is revising Downward the revenue expectations for Northern Oil and Gas, Inc. (NOG) for FY2025, with the revenue forecasts being adjusted by -1.88% over the past three months. During the same period, the stock price has changed by 21.40%.
Revenue Estimates for FY2025
Revise Downward
down Image
-1.88%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
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+1.61%
In Past 3 Month
Stock Price
Go Up
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+21.40%
In Past 3 Month
9 Analyst Rating
up Image
19.59% Upside
Wall Street analysts forecast NOG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOG is 35.28 USD with a low forecast of 29.00 USD and a high forecast of 47.50  USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
4 Hold
0 Sell
Moderate Buy
up Image
19.59% Upside
Current: 29.500
sliders
Low
29.00
Averages
35.28
High
47.50
Piper Sandler
Neutral
maintain
$30 -> $31
2025-07-17
Reason
Piper Sandler raised the firm's price target on Northern Oil and Gas to $31 from $30 and keeps a Neutral rating on the shares. The firm says the E&P investing environment remains challenging coming out of Q2, marked by a volatile oil price environment with increased geopolitical risk offset by higher OPEC+ supplies, while strong secular gas-demand trends have been offset by stubbornly high supplies and strong inventory builds. The long-term gas demand story, driven by power generation and data center buildout, got a shot in the arm earlier this week on the back of the PA Power and Innovation Summit, with $90B of announcement investment in power and data center buildout, Piper says. The firm prefers more defensive positioning in oil.
Mizuho
Neutral
downgrade
$33 -> $32
2025-07-16
Reason
Mizuho lowered the firm's price target on Northern Oil and Gas to $32 from $33 and keeps a Neutral rating on the shares as part of a Q2 preview. The firm expects the company to lower its 2025 capex budget and volume guidance on reduced activity.
RBC Capital
Sector Perform
maintain
$34 -> $33
2025-07-14
Reason
RBC Capital lowered the firm's price target on Northern Oil and Gas to $33 from $34 and keeps a Sector Perform rating on the shares. The company's ground-game acquisition activity picked-up in Q2, although the pace of operating partner activity could move lower, the analyst tells investors in a research note.
Citi
Buy
upgrade
$34 -> $38
2025-07-09
Reason
Citi raised the firm's price target on Northern Oil and Gas to $38 from $34 and keeps a Buy rating on the shares. The firm updated the company's model ahead of the earnings report.
BofA
Buy
maintain
$29 -> $33
2025-05-23
Reason
BofA raised the firm's price target on Northern Oil and Gas to $33 from $29 and keeps a Buy rating on the shares. The firm is updating its price targets on U.S. Oil and Gas stocks under its coverage following Q1 results, the analyst tells investors. BofA sees a bull case for oil starting with summer demand, but notes it is "tenuous at best" due to geopolitics. Additionally, the firm continues to see a cleaner set-up in dry natural gas but notes the upside in this sub-sector has compressed.
Mizuho
Neutral
maintain
$35 -> $33
2025-05-13
Reason
Mizuho lowered the firm's price target on Northern Oil and Gas to $33 from $35 and keeps a Neutral rating on the shares. The firm updated integrated oil models post Q1 earnings with three upgrades and one downgrade. Mizuho sees potential weakness for global oil prices but expects gas and refining fundamentals to improve over the next 12 months. The firm are lowering its oil price outlook by 10%-11%, saying accelerating oversupply will likely overshadow any stabilization of demand. It raised its U.S. natural gas price forecast over the same period by 15%. saying structural undersupply continues. The analyst also sees improved U.S. refining fundamentals as the inventory outlook remains tight and oil prices weaken potentially lifting refining margins. Mizuho adding ConocoPhillips (COP) to its "Top Picks" alongside Coterra (CTRA) and Chord Energy (CHRD) and removed Chevron (CVX). The firm upgraded Antero Resources (AR), HF Sinclair (DINO) and Delek US (DK) to Outperform, while downgrading Murphy Oil (MUR) to Neutral.

Valuation Metrics

The current forward P/E ratio for Northern Oil and Gas Inc (NOG.N) is 7.46, compared to its 5-year average forward P/E of 4.99. For a more detailed relative valuation and DCF analysis to assess Northern Oil and Gas Inc 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Overvalued
5Y Average PE
4.99
Current PE
7.46
Overvalued PE
6.72
Undervalued PE
3.25

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average EV/EBITDA
3.15
Current EV/EBITDA
3.32
Overvalued EV/EBITDA
3.53
Undervalued EV/EBITDA
2.77

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average PS
1.31
Current PS
1.27
Overvalued PS
1.66
Undervalued PS
0.95

Financials

Annual
Quarterly
FY2025Q1
YoY :
+8.50%
580.34M
Total Revenue
FY2025Q1
YoY :
+2.71%
207.52M
Operating Profit
FY2025Q1
YoY :
+1097.50%
138.98M
Net Income after Tax
FY2025Q1
YoY :
+1163.64%
1.39
EPS - Diluted
FY2025Q1
YoY :
-1085.03%
146.87M
Free Cash Flow
FY2025Q1
YoY :
+1.31%
38.69
Gross Profit Margin - %
FY2025Q1
YoY :
-77.17%
-5.50
FCF Margin - %
FY2025Q1
YoY :
+1003.69%
23.95
Net Margin - %
FY2025Q1
YoY :
-16.54%
17.81
ROIC

Trading Trends

Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
400.5K
USD
11
0-12
Months
396.1K
USD
9
Bought
0-3
0
0.0
USD
Months
3-6
3
1.7M
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
0.0
Volume
0
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
0
0.0
Volume
Months
6-9
0
0.0
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months

NOG News & Events

Events Timeline

2025-04-29 (ET)
2025-04-29
16:15:23
Northern Oil and Gas backs FY25 production view 130K-135K Boe/d
select
2025-04-29
16:14:41
Northern Oil and Gas reports Q1 adjusted EPS $1.33, consensus $1.04
select
2025-04-16 (ET)
2025-04-16
16:11:16
Northern Oil and Gas provides update on hedging results and shareholder returns
select
Sign Up For More Events

News

7.0
07-24Newsfilter
NOG Provides Update on Second Quarter Hedging Results, Ground Game Progress and Other Matters
4.0
07-17Benzinga
Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Delivering High-Dividend Yields
4.0
07-15Newsfilter
AI's Power Hunger Collides with America's Oil Patch in a High-Stakes Energy Rush
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FAQ

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What is Northern Oil and Gas Inc (NOG) stock price today?

The current price of NOG is 29.5 USD — it has decreased -0.71 % in the last trading day.

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