Northern Oil and Gas, Inc. (NOG)

NYSE: NOG · IEX Real-Time Price · USD
37.07
-0.54 (-1.44%)
At close: Dec 29, 2023, 4:00 PM
36.82
-0.25 (-0.67%)
After-hours: Dec 29, 2023, 7:59 PM EST
-1.44%
Market Cap 3.73B
Revenue (ttm) 1.74B
Net Income (ttm) 667.41M
Shares Out 100.51M
EPS (ttm) 8.14
PE Ratio 4.55
Forward PE 4.81
Dividend $1.60 (4.32%)
Ex-Dividend Date Dec 27, 2023
Volume 1,262,340
Open 37.68
Previous Close 37.61
Day's Range 36.98 - 37.72
52-Week Range 25.56 - 43.64
Beta 1.84
Analysts Strong Buy
Price Target 50.50 (+36.23%)
Earnings Date Feb 22, 2024

About NOG

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. The company is based in Minnetonka, Minnesota. [Read more]

Industry Oil & Gas E&P
Sector Energy
CEO Nicholas L. O'Grady
Employees 33
Stock Exchange NYSE
Ticker Symbol NOG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for NOG stock is "Strong Buy." The 12-month stock price forecast is $50.5, which is an increase of 36.23% from the latest price.

Price Target
$50.5
(36.23% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: AESIVLO
7 weeks ago - Benzinga

NOG Announces Third Quarter 2023 Results, Achieves New Quarterly Production Record

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Third Quarter 2023 Results, Achieves New Quarterly Production Record.

2 months ago - Business Wire

NOG Declares $0.40 Quarterly Cash Dividend, 33% Increase Year-over-Year, 5% Sequential Increase over Prior Quarter

MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.40 Quarterly Cash Dividend, 33% Increase Year-over-Year, 5% Sequential Increase over Prior Quarter.

2 months ago - Business Wire

NOG Provides Preliminary Financial and Operational Updates for the Third Quarter of 2023

MINNEAPOLIS--(BUSINESS WIRE)--NOG Provides Preliminary Financial and Operational Updates for the Third Quarter of 2023.

2 months ago - Business Wire

NOG Schedules Third Quarter 2023 Earnings Release and Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--NOG Schedules Third Quarter 2023 Earnings Release and Conference Call.

2 months ago - Business Wire

NOG Announces Pricing of Public Offering of Common Stock

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Pricing of Public Offering of Common Stock.

2 months ago - Business Wire

NOG Announces Public Offering of Common Stock

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) announced today an underwritten public offering of 6,500,000 shares of its common stock (the “Offering”). ...

2 months ago - Business Wire

NOG Announces Second Quarter 2023 Results, Including Record Quarterly Production

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Second Quarter 2023 Results, Including Record Quarterly Production.

5 months ago - Business Wire

NOG Declares $0.38 Quarterly Cash Dividend, 10th Consecutive Increase, 52% Increase Year-over-Year, ~3% Sequential Increase over Prior Quarter

MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.38 Quarterly Cash Dividend, 10th Consecutive Increase, 52% Increase Year-over-Year, ~3% Sequential Increase over Prior Quarter.

5 months ago - Business Wire

NOG Provides Update on 2023 Guidance and Preliminary Second Quarter Financial and Operational Update

MINNEAPOLIS--(BUSINESS WIRE)--NOG Provides Update on 2023 Guidance and Preliminary Second Quarter Financial and Operational Update.

5 months ago - Business Wire

NOG Schedules Second Quarter 2023 Earnings Release and Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--NOG Schedules Second Quarter 2023 Earnings Release and Conference Call.

6 months ago - Business Wire

NOG Announces First Quarter 2023 Results, Including Record Quarterly Production

Record quarterly production of 87,385 Boe per day (62% oil), an increase of 23% from the first quarter of 2022.

8 months ago - Business Wire

NOG Declares $0.37 Quarterly Cash Dividend, 9% Increase over Prior Quarter

MINNEAPOLIS--(BUSINESS WIRE)--NOG Declares $0.37 Quarterly Cash Dividend, 9% Increase over Prior Quarter.

8 months ago - Business Wire

Oil Earnings Are Fizzling. These 5 Companies Stand Out.

Oil is still relatively pricey at around $80 per barrel, but it has come down considerably from its peaks.

Other symbols: KOSOVVPRSTR
8 months ago - Barrons

NOG Provides Update on First Quarter Hedging Results and Capital Allocation

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today provided an update regarding first quarter hedging results and capital allocation matters.

9 months ago - Business Wire

NOG Schedules First Quarter 2023 Earnings Release and Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it plans to issue its first quarter 2023 financial and operating results on Thursday,...

9 months ago - Business Wire

These 3 Energy Stocks With Over 4% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Northern Oil & Gas (NYSE:NOG), ONEOK (NYSE:OKE)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: OKEPXD
9 months ago - Benzinga

NOG Announces Fourth Quarter and Full Year 2022 Results; Initiates 2023 Guidance

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Fourth Quarter and Full Year 2022 Results; Initiates 2023 Guidance

11 months ago - Business Wire

NOG Declares $0.34 Quarterly Cash Dividend, 13% Increase over Prior Quarter; Provides Operations and Shareholder Return Updates

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today announced that its Board of Directors has declared a cash dividend on the Company's common stock. ...

11 months ago - Business Wire

NOG Schedules Fourth Quarter and Year-End 2022 Earnings Release and Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it plans to issue its fourth quarter and year-end 2022 financial and operating resu...

1 year ago - Business Wire

NOG Announces Closing of Upsized Acquisition in Core Midland Basin Development Project

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the closing of its acquisition of non-operated properties in the core of the Midland Bas...

1 year ago - Business Wire

NOG Announces Closing of Additional Core Northern Delaware Basin Acquisition

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG”) today announced the closing of a previously announced acquisition of non-operated interests in the Northern Delaware Basi...

1 year ago - Business Wire

NOG Announces Closing of Core Northern Delaware Basin Bolt-on Acquisition

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG”) today announced the closing of a previously announced acquisition of non-operated interests in the Northern Delaware Basi...

1 year ago - Business Wire

NOG Announces Borrowing Base Increase

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the completion of its semi-annual borrowing base redetermination under its reserves-base...

1 year ago - Business Wire

NOG Announces Third Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Third Quarter 2022 Results

1 year ago - Business Wire