Northern Oil and Gas (NYSE:NOG) Reaches New 1-Year Low – Should You Sell?

Northern Oil and Gas, Inc. (NYSE:NOG) shares reached a new 52-week low during trading on Monday . The stock traded as low as $17.22 and last traded at $17.3560, with a volume of 438085 shares traded. The stock had previously closed at $17.95.

Key Northern Oil and Gas News

Here are the key news stories impacting Northern Oil and Gas this week:

• Positive Sentiment: Zacks Research slightly raised its Q2 2026 EPS estimate to $0.69 from $0.68, suggesting a bit more confidence in near-term profitability for Northern Oil and Gas (NOG).
• Neutral Sentiment: Despite the revisions, Zacks’ updated forecasts still sit close to the current consensus full-year EPS estimate of $3.33, limiting the size of the overall surprise for investors.
• Negative Sentiment: Zacks Research trimmed FY2026 EPS to $3.04 from $3.07, signaling slightly weaker expected profitability for NOG over the next year.
• Negative Sentiment: The firm also cut Q4 2026, Q1 2027, Q2 2027, and Q3 2027 EPS estimates, indicating a softer earnings trajectory across the next several quarters.
• Negative Sentiment: Longer-term forecasts were lowered as well, including FY2027 EPS to $3.32 from $3.49 and FY2028 EPS to $3.27 from $3.35, which may add to pressure on the stock. Northern Oil and Gas stock page

Analyst Upgrades and Downgrades

NOG has been the subject of a number of recent research reports. Royal Bank Of Canada boosted their target price on shares of Northern Oil and Gas from $30.00 to $35.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 8th. Johnson Rice cut shares of Northern Oil and Gas from an “accumulate” rating to a “hold” rating and set a $36.00 price target on the stock. in a report on Wednesday, May 20th. Wall Street Zen downgraded shares of Northern Oil and Gas from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Morgan Stanley set a $25.00 price objective on shares of Northern Oil and Gas and gave the stock an “underweight” rating in a research note on Monday, June 29th. Finally, Bank of America raised their target price on shares of Northern Oil and Gas from $27.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, March 24th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Northern Oil and Gas currently has an average rating of “Hold” and an average target price of $31.88.

Northern Oil and Gas Stock Up 6.6%

The company has a 50-day moving average of $21.87 and a 200-day moving average of $24.24. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of -2.91 and a beta of 0.69.

Northern Oil and Gas (NYSE:NOG) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.03. The business had revenue of $5.03 million for the quarter, compared to analyst estimates of $511.38 million. Northern Oil and Gas had a positive return on equity of 18.43% and a negative net margin of 33.17%.The company’s revenue was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.33 earnings per share. On average, equities analysts predict that Northern Oil and Gas, Inc. will post 3.33 earnings per share for the current fiscal year.

Northern Oil and Gas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, June 29th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Monday, June 29th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.7%. Northern Oil and Gas’s dividend payout ratio is currently -28.26%.

Insider Activity

In other news, Director Bahram Akradi bought 25,760 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was purchased at an average price of $19.40 per share, with a total value of $499,744.00. Following the completion of the acquisition, the director directly owned 1,713,444 shares of the company’s stock, valued at $33,240,813.60. This trade represents a 1.53% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.80% of the stock is currently owned by insiders.

Institutional Trading of Northern Oil and Gas

Several institutional investors and hedge funds have recently bought and sold shares of the business. Ascentis Independent Advisors acquired a new stake in shares of Northern Oil and Gas in the first quarter worth $33,000. Jones Financial Companies Lllp boosted its holdings in Northern Oil and Gas by 181.0% in the first quarter. Jones Financial Companies Lllp now owns 1,107 shares of the company’s stock valued at $33,000 after purchasing an additional 713 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in Northern Oil and Gas by 572.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,682 shares of the company’s stock valued at $36,000 after purchasing an additional 1,432 shares during the last quarter. Plato Investment Management Ltd acquired a new stake in Northern Oil and Gas during the 4th quarter worth about $43,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Northern Oil and Gas by 429.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,514 shares of the company’s stock valued at $43,000 after buying an additional 1,228 shares during the last quarter. 98.80% of the stock is currently owned by institutional investors and hedge funds.

Northern Oil and Gas Company Profile

Northern Oil and Gas, Inc is a publicly traded independent energy company focused on the acquisition, exploration and development of oil and natural gas resources in the United States. The company’s primary operations are concentrated in the Williston Basin, where it secures acreage positions and partners with drilling operators to advance upstream projects. Through strategic leasehold acquisitions and joint ventures, Northern Oil and Gas seeks to expand its footprint in both conventional and unconventional reservoirs.

Northern Oil and Gas employs horizontal drilling and hydraulic fracturing technologies to develop unconventional resource plays, particularly in the Bakken, Three Forks and Red River formations of North Dakota and Montana.