Northern Oil and Gas (NOG) to Announce Earnings on Thursday

Northern Oil and Gas (NYSE:NOG) will likely be releasing its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $1.17 per share and revenue of $594.0880 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Friday, August 7, 2026 at 9:00 AM ET.

Northern Oil and Gas Stock Performance

Shares of NOG stock opened at $20.64 on Tuesday. The firm’s 50 day moving average is $20.26 and its 200 day moving average is $24.11. The stock has a market capitalization of $2.25 billion, a P/E ratio of -3.24 and a beta of 0.70. Northern Oil and Gas has a 12 month low of $17.18 and a 12 month high of $31.17. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.43.

Northern Oil and Gas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Monday, June 29th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a $1.80 dividend on an annualized basis and a yield of 8.7%. Northern Oil and Gas’s payout ratio is presently -28.26%.

Insider Buying and Selling at Northern Oil and Gas

In related news, Director Bahram Akradi bought 25,760 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were acquired at an average cost of $19.40 per share, with a total value of $499,744.00. Following the completion of the purchase, the director directly owned 1,713,444 shares of the company’s stock, valued at $33,240,813.60. This trade represents a 1.53% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 2.80% of the company’s stock.

Hedge Funds Weigh In On Northern Oil and Gas

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp increased its holdings in shares of 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 buying an additional 713 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Northern Oil and Gas by 429.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,514 shares of the company’s stock worth $43,000 after acquiring an additional 1,228 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Northern Oil and Gas by 85.7% in the second quarter. Smartleaf Asset Management LLC now owns 1,521 shares of the company’s stock valued at $44,000 after acquiring an additional 702 shares during the last quarter. Global Retirement Partners LLC increased its stake in Northern Oil and Gas by 572.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,682 shares of the company’s stock valued at $36,000 after acquiring an additional 1,432 shares during the last quarter. Finally, Strs Ohio bought a new position in Northern Oil and Gas in the first quarter valued at $88,000. Hedge funds and other institutional investors own 98.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Johnson Rice downgraded Northern Oil and Gas from an “accumulate” rating to a “hold” rating and set a $36.00 target price on the stock. in a research report on Wednesday, May 20th. Wall Street Zen lowered Northern Oil and Gas from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Raymond James Financial reiterated an “outperform” rating and set a $28.00 price objective on shares of Northern Oil and Gas in a research note on Wednesday, July 15th. Royal Bank Of Canada increased their price objective on Northern Oil and Gas from $30.00 to $35.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 8th. Finally, Morgan Stanley set a $25.00 target price on Northern Oil and Gas and gave the stock an “underweight” rating in a research note on Monday, June 29th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $30.62.

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.