Northern Oil and Gas, Inc. (NYSE:NOG) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Northern Oil and Gas, Inc. (NYSE:NOG) have received an average recommendation of “Hold” from the ten ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $29.2857.

A number of brokerages recently issued reports on NOG. 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. Citigroup dropped 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 report on Monday, October 20th. Morgan Stanley set a $24.00 target price on shares of Northern Oil and Gas and gave the company an “underweight” rating in a research note on Friday, January 23rd. Mizuho set a $29.00 price target on Northern Oil and Gas in a research report on Wednesday, January 21st. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Northern Oil and Gas in a report on Thursday, January 22nd.

Northern Oil and Gas News Summary

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

• Positive Sentiment: Relatively solid balance-sheet and valuation metrics provide some support — quick ratio and current ratio ~1.10 and debt/equity ~1.05, with a P/E around 14.5. These fundamentals can cushion short-term volatility.
• Neutral Sentiment: Northern published a fourth‑quarter update; investors should review the release for details on production, realized prices, and any guidance or cash‑flow commentary that could change the outlook. NOG Provides Fourth Quarter Update
• Negative Sentiment: Analyst cuts from Zacks are weighing on the stock: Zacks trimmed multiple near‑term and medium‑term EPS estimates (examples: Q4 2027 down to $0.74 from $0.81; Q2 2027 cut to $0.83 from $1.01; Q1–Q3 2027 and FY2026/FY2025 also nudged lower). The broad scope of cuts signals a weaker earnings outlook and is the most direct reason for today’s downward pressure. MarketBeat NOG – Zacks coverage

Northern Oil and Gas Stock Down 0.9%

Shares of NOG opened at $25.66 on Wednesday. Northern Oil and Gas has a 12 month low of $19.88 and a 12 month high of $36.95. The stock has a market cap of $2.50 billion, a price-to-earnings ratio of 14.50 and a beta of 1.01. The company has a 50-day moving average price of $22.97 and a two-hundred day moving average price of $23.64. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.05.

Institutional Investors Weigh In On Northern Oil and Gas

Institutional investors have recently modified their holdings of the business. Tributary Capital Management LLC grew its holdings in Northern Oil and Gas by 146.3% during the third quarter. Tributary Capital Management LLC now owns 1,312,256 shares of the company’s stock valued at $32,544,000 after purchasing an additional 779,492 shares during the period. Campbell & CO Investment Adviser LLC boosted its position in shares of Northern Oil and Gas by 390.1% during the third quarter. Campbell & CO Investment Adviser LLC now owns 72,721 shares of the company’s stock worth $1,803,000 after purchasing an additional 57,882 shares in the last quarter. Register Financial Advisors LLC boosted its position in shares of Northern Oil and Gas by 364.4% during the third quarter. Register Financial Advisors LLC now owns 104,547 shares of the company’s stock worth $2,593,000 after purchasing an additional 82,033 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Northern Oil and Gas by 178.1% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 22,857 shares of the company’s stock valued at $648,000 after buying an additional 14,637 shares during the period. Finally, SG Americas Securities LLC increased its position in shares of Northern Oil and Gas by 399.5% in the 3rd quarter. SG Americas Securities LLC now owns 70,319 shares of the company’s stock valued at $1,744,000 after buying an additional 56,241 shares in 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.