FY2025 Earnings Estimate for NOG Issued By Zacks Research

Northern Oil and Gas, Inc. (NYSE:NOG) – Analysts at Zacks Research cut their FY2025 earnings per share estimates for shares of Northern Oil and Gas in a note issued to investors on Monday, February 9th. Zacks Research analyst Team now forecasts that the company will post earnings of $4.31 per share for the year, down from their previous estimate of $4.33. 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’ Q4 2025 earnings at $0.58 EPS, Q2 2026 earnings at $0.59 EPS, Q3 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.72 EPS, FY2026 earnings at $2.68 EPS, Q1 2027 earnings at $0.69 EPS, Q2 2027 earnings at $0.83 EPS, Q3 2027 earnings at $0.76 EPS and Q4 2027 earnings at $0.74 EPS.

A number of other brokerages have also weighed in on NOG. Morgan Stanley set a $24.00 price target on shares of Northern Oil and Gas and gave the company an “underweight” rating in a report on Friday, January 23rd. Mizuho set a $29.00 price objective on shares of Northern Oil and Gas in a research report on Wednesday, January 21st. Citigroup lowered their price objective on Northern Oil and Gas from $32.00 to $28.00 and set a “buy” rating for the company in a research note on Monday, October 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Northern Oil and Gas in a research report on Thursday, January 22nd. Finally, Royal Bank Of Canada dropped their target price on shares of Northern Oil and Gas from $33.00 to $30.00 and set a “sector perform” rating for the company in a research report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Northern Oil and Gas has an average rating of “Hold” and a consensus target price of $29.29.

Northern Oil and Gas Price Performance

Shares of NYSE:NOG opened at $25.87 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.05. The company has a market cap of $2.52 billion, a P/E ratio of 14.62 and a beta of 1.01. The business has a fifty day simple moving average of $22.91 and a 200-day simple moving average of $23.66. Northern Oil and Gas has a 52 week low of $19.88 and a 52 week high of $36.95.

Hedge Funds Weigh In On Northern Oil and Gas

Several hedge funds and other institutional investors have recently modified their holdings of the company. AQR Capital Management LLC grew its position in shares of Northern Oil and Gas by 55.1% during the first quarter. AQR Capital Management LLC now owns 40,781 shares of the company’s stock worth $1,233,000 after acquiring an additional 14,492 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Northern Oil and Gas by 3.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 58,334 shares of the company’s stock worth $1,763,000 after purchasing an additional 1,865 shares during the last quarter. Jones Financial Companies Lllp grew its position in Northern Oil and Gas by 181.0% in the 1st quarter. Jones Financial Companies Lllp now owns 1,107 shares of the company’s stock worth $33,000 after purchasing an additional 713 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Northern Oil and Gas by 5.0% in the first quarter. Empowered Funds LLC now owns 65,217 shares of the company’s stock valued at $1,972,000 after purchasing an additional 3,124 shares during the period. Finally, Intech Investment Management LLC raised its holdings in shares of Northern Oil and Gas by 41.8% during the first quarter. Intech Investment Management LLC now owns 46,453 shares of the company’s stock valued at $1,404,000 after buying an additional 13,690 shares during the last quarter. Institutional investors and hedge funds own 98.80% of the company’s stock.

About Northern Oil and Gas

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.