William Blair Has Negative Outlook of NOG FY2025 Earnings

Northern Oil and Gas, Inc. (NYSE:NOG) – Analysts at William Blair cut their FY2025 earnings per share estimates for shares of Northern Oil and Gas in a research note issued on Monday, October 27th. William Blair analyst N. Dingmann now anticipates that the company will post earnings of $4.26 per share for the year, down from their prior estimate of $4.28. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Northern Oil and Gas’ current full-year earnings is $5.18 per share. William Blair also issued estimates for Northern Oil and Gas’ Q4 2025 earnings at $0.89 EPS, FY2027 earnings at $4.33 EPS, FY2028 earnings at $4.95 EPS and FY2029 earnings at $5.04 EPS.

Northern Oil and Gas (NYSE:NOG) last released its earnings results on Monday, March 6th. The company reported $1.06 earnings per share (EPS) for the quarter. The firm had revenue of $319.19 million for the quarter. Northern Oil and Gas had a return on equity of 22.12% and a net margin of 23.62%.

A number of other equities analysts have also recently issued reports on NOG. Citigroup lowered their price objective on shares of Northern Oil and Gas from $32.00 to $28.00 and set a “buy” rating for the company in a research report on Monday, October 20th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Northern Oil and Gas in a research note on Wednesday, October 8th. Mizuho dropped their price target on Northern Oil and Gas from $32.00 to $28.00 and set a “neutral” rating for the company in a research note on Monday, September 15th. Royal Bank Of Canada cut their price objective on Northern Oil and Gas from $34.00 to $33.00 and set a “sector perform” rating on the stock in a report on Monday, July 14th. Finally, Morgan Stanley reaffirmed an “underweight” rating and issued a $26.00 target price (down previously from $27.00) on shares of Northern Oil and Gas in a report on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $33.00.

Northern Oil and Gas Stock Up 1.3%

NOG stock opened at $21.96 on Wednesday. The firm has a 50-day moving average price of $24.48 and a 200-day moving average price of $26.30. Northern Oil and Gas has a 12 month low of $19.88 and a 12 month high of $44.31. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.98. The stock has a market capitalization of $2.14 billion, a P/E ratio of 3.62 and a beta of 1.61.

Northern Oil and Gas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 29th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Monday, September 29th. This represents a $1.80 annualized dividend and a dividend yield of 8.2%. Northern Oil and Gas’s dividend payout ratio is presently 29.70%.

Hedge Funds Weigh In On Northern Oil and Gas

Hedge funds and other institutional investors have recently made changes to their positions in the stock. American Century Companies Inc. boosted its stake in shares of Northern Oil and Gas by 6.4% in the 1st quarter. American Century Companies Inc. now owns 6,953,377 shares of the company’s stock valued at $210,201,000 after purchasing an additional 415,781 shares during the last quarter. Principal Financial Group Inc. raised its stake in Northern Oil and Gas by 2.6% during the first quarter. Principal Financial Group Inc. now owns 494,508 shares of the company’s stock worth $14,949,000 after buying an additional 12,711 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Northern Oil and Gas by 7.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,141,754 shares of the company’s stock valued at $34,515,000 after buying an additional 82,855 shares during the period. Motley Fool Asset Management LLC boosted its position in Northern Oil and Gas by 21.2% during the first quarter. Motley Fool Asset Management LLC now owns 85,483 shares of the company’s stock valued at $2,584,000 after acquiring an additional 14,945 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its position in Northern Oil and Gas by 1.9% during the first quarter. New York State Common Retirement Fund now owns 1,092,152 shares of the company’s stock valued at $33,016,000 after acquiring an additional 20,186 shares during the last quarter. 98.80% of the stock is owned by institutional investors and hedge funds.

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.