Northern Oil and Gas (NOG) to Release Earnings on Tuesday

Northern Oil and Gas (NYSE:NOG) is anticipated to post its Q1 2026 results after the market closes on Tuesday, April 28th. Analysts expect Northern Oil and Gas to post earnings of $0.86 per share and revenue of $528.6840 million for the quarter. Individuals may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Wednesday, April 29, 2026 at 9:00 AM ET.

Northern Oil and Gas (NYSE:NOG) last posted its earnings results on Wednesday, February 25th. The company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.12. Northern Oil and Gas had a net margin of 1.57% and a return on equity of 19.74%. The firm had revenue of $610.18 million during the quarter, compared to analyst estimates of $524.98 million. During the same period last year, the firm posted $1.11 earnings per share. Northern Oil and Gas’s revenue for the quarter was up 18.5% compared to the same quarter last year. On average, analysts expect Northern Oil and Gas to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Northern Oil and Gas Trading Down 0.9%

NOG stock opened at $26.66 on Friday. The firm has a fifty day moving average price of $27.65 and a 200 day moving average price of $24.39. Northern Oil and Gas has a fifty-two week low of $20.18 and a fifty-two week high of $32.62. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $2.82 billion, a PE ratio of 80.77 and a beta of 0.94.

Northern Oil and Gas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Monday, March 30th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Monday, March 30th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.8%. Northern Oil and Gas’s dividend payout ratio (DPR) is 545.45%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. 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 report on Tuesday, March 24th. Morgan Stanley reaffirmed an “underweight” rating on shares of Northern Oil and Gas in a research note on Friday, March 27th. Citigroup dropped their price objective on shares of Northern Oil and Gas from $39.00 to $36.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Northern Oil and Gas in a research note on Tuesday. Finally, Piper Sandler lifted their price objective on shares of Northern Oil and Gas from $27.00 to $32.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $31.29.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. CIBC Bancorp USA Inc. purchased a new position in Northern Oil and Gas during the third quarter worth $256,000. Mercer Global Advisors Inc. ADV boosted its stake in Northern Oil and Gas by 13.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 10,070 shares of the company’s stock worth $250,000 after buying an additional 1,177 shares during the period. Garden State Investment Advisory Services LLC purchased a new stake in shares of Northern Oil and Gas during the second quarter valued at $249,000. CIBC Asset Management Inc purchased a new stake in shares of Northern Oil and Gas during the fourth quarter valued at $207,000. Finally, Entropy Technologies LP purchased a new stake in shares of Northern Oil and Gas during the third quarter valued at $206,000. 98.80% of the stock is owned by hedge funds and other institutional investors.

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.