Price
$21.60+14.95%Social Signal Score
Analyst Ratings
13 analystsRevenue
$745.24M+1877.64%Analyst Estimates
Consensus estimates, not results. Via Financial Modeling Prep.
Company Profile
- CEO
- Nicholas O'Grady
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Employees
- 64
- Beta
- 0.75
- Country
- US
- Piotroski score
- 3 / 9 (Weak)
- Altman Z-score
- 0.54
Financials
Revenue
$745.24M+1877.6%Net Income
$236.63MEBITDA
$544.92MFree Cash Flow
$-58.19M-647.0%EPS (diluted)
$2.19Shares Outstanding (diluted)
108.09M+1665.0%Operating Expenses
$24.53MCash & Debt
$47.60MReturn of Capital
$97.77MRevenue by Segment (annual)
$2.54BDividend per Share
$0.45Quote
Valuation & Ratios
Returns & Efficiency
Revenue & Net Income (Annual)
| Fiscal Year | Revenue | Net Income | EPS |
|---|---|---|---|
| 2025 | $2.10B | $38.76M | $0.40 |
| 2024 | $2.16B | $520.31M | $5.21 |
| 2023 | $1.91B | $922.97M | $10.09 |
| 2022 | $1.99B | $773.24M | $9.26 |
| 2021 | $975.09M | $6.36M | $-0.13 |
| 2020 | $324.07M | $-906.04M | $-21.55 |
| 2019 | $601.24M | $-76.32M | $-2.00 |
| 2018 | $493.92M | $143.69M | $6.08 |
| 2017 | $223.99M | $-9.19M | $-1.50 |
| 2016 | $159.72M | $-293.49M | $-48.00 |
| 2015 | $202.68M | $-975.36M | $-160.81 |
| 2014 | $431.61M | $163.75M | $27.00 |
| 2013 | $369.23M | $53.07M | $8.50 |
| 2012 | $296.82M | $72.28M | $11.60 |
Valuation
Project earnings forward and see what return today's price implies.
Seeded from NOG's reported EPS growth of -22.8% a year over 13 years. Historical EPS growth of -23% would project the company towards zero. Floored at -15% as a starting point.
- EPS in 5 years
- $0.18
- Implied price
- $9.50
- Return from $24.02
- -16.9% a year
To earn 15.0% a year on these assumptions you'd need to buy at $4.73 — -80.3% below today's price.
How sensitive is that answer?
Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.
| growth \ P/E | 38 | 46 | 54 | 62 | 70 |
|---|---|---|---|---|---|
| -25.0% | -31.7% | -29.0% | -26.7% | -24.6% | -22.8% |
| -20.0% | -27.1% | -24.3% | -21.8% | -19.6% | -17.6% |
| -15.0% | -22.6% | -19.5% | -16.9% | -14.6% | -12.5% |
| -10.0% | -18.0% | -14.8% | -12.0% | -9.6% | -7.4% |
| -5.0% | -13.5% | -10.1% | -7.2% | -4.5% | -2.2% |
This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.
Signal Score (90d)
163+226.67%Social Signal Score
Mentions (6)
- Newszacks.com·47d ago·Positive
Is NOG a Buy Now as Low Valuation Meets Commodity and Leverage Risks? NOG's low valuation and strong free cash flow offer appeal, but leverage, commodity exposure and operator reliance keep the setup balanced.
View source ↗ - Newsseekingalpha.com·48d ago·Positive
Northern Oil and Gas: Big Upside, If You Can Stomach The Risks Northern Oil and Gas is a non-operator oil & gas company trading at a deep discount, with a 7%+ dividend yield and robust free cash flow. NOG's business model enables capital flexibility and consistent free cash flow but exposes it to commodity price swings and limits operational control. Q2 2026 saw free cash flow rise 26% year-over-year to $159M, with management guiding up to $500M for 2026 and expanding buyback capacity.
View source ↗ - Newsbusinesswire.com·48d ago·Neutral
NOG Announces Proposed $500 Million Private Offering of Senior Notes MINNEAPOLIS--(BUSINESS WIRE)--NOG ANNOUNCES PROPOSED $500 MILLION PRIVATE OFFERING OF SENIOR NOTES.
View source ↗ - Newszacks.com·49d ago·Neutral
Northern Oil and Gas Q2 Earnings Beat Estimates, Decline Y/Y NOG beats Q2 earnings and sales estimates as natural gas production surges, despite weaker gas prices weighing on profits.
View source ↗ - Newsmarketbeat.com·58d ago·Negative
Northern Oil and Gas Q2 Earnings Call Highlights Northern Oil and Gas NYSE: NOG reported higher second-quarter cash flow and production, citing the benefits of its diversified non-operated portfolio despite Permian Basin curtailments tied to weak Waha natural gas economics.
View source ↗ - Newszacks.com·59d ago·Neutral
Northern Oil and Gas (NOG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates While the top- and bottom-line numbers for Northern Oil and Gas (NOG) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
View source ↗
Earnings
Mon, Nov 9(in 5 weeks)
Consensus estimate $1.00 per share
Typical surprise +10.8% (median, so one quarter with a near-zero estimate can't distort it)
- Thu, Aug 6$1.13 vs $1.02beat
- Tue, Apr 28$0.74 vs $0.71beat
- Wed, Feb 25$0.83 vs $0.77beat
- Thu, Nov 6$1.03 vs $0.87beat
- Thu, Jul 31$1.37 vs $0.94beat
- Tue, Apr 29$1.33 vs $1.12beat
Estimates and results for NOG via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.
Insider trading
Open-market buys and sells by NOG officers and directors.
- Bought
- $2.8m
- Sold
- $300k
7 trades
7 trades
- Akradi Bahrambought
- Easley Roy Ernestbought
- Easley Roy Ernestbought
- O'grady Nicholas L.bought
- Lasher Stuart G.bought
- Akradi Bahrambought
- O'grady Nicholas L.bought
- Allen Chad Wsold
86 further Form 4 entries are share awards, option exercises or shares withheld for tax. Those are compensation, not trades, so they are excluded above. Buying is the stronger signal: an insider spends their own money for one reason. Selling has many innocent explanations — tax, diversifying, a house — so it says far less than it appears to. Via SEC filings.
Congress trades
- Lisa C. McClainhouse · MI09 · disclosed Sep 15, 2025 (42d later)Sell$1,001 - $15,000
- Lisa C. McClainhouse · MI09 · disclosed Aug 13, 2025 (28d later)Buy$1,001 - $15,000
- John Hoevensenate · ND · disclosed Jan 21, 2015 (5d later)Buy$15,001 - $50,000
Self-reported filings, amounts as brackets. Via Senate/House disclosures.