NOG

Northern Oil and Gas, Inc.

Price Chart

Latest Quote

$21.19

+0.83 (+4.08%)

Current Price

Previous Close	$20.36
Open	$20.94
Day High	$21.20
Day Low	$20.54
Volume	2,832,880

Fetched: 2026-07-19T17:36:14

Stock Information

Quarterly Dividend / Yield	$1.80 / 8.49%
Shares Outstanding	108.78M
Quarterly Dividend Yield	8.49%
Quarterly Dividend	$1.80
Total Debt	$2.55B
Cash Equivalents	$37.04M
Revenue	$1.93B
Net Income	$-623.07M
Sector	Energy
Industry	Oil & Gas E&P
Market Cap	$2.31B
EPS (TTM)	$-6.32
Exchange	NYQ

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📊 Comprehensive Analysis

Company Data

Enterprise Value	$4.75B
Sales	$1.93B
Income	$-623.07M
Book/sh	$16.94
Cash/sh	$0.34
Employees	64

Financial Ratios

Quick Ratio	0.50
Current Ratio	0.53
Debt/Eq	142.99

Returns & Margins

ROA	4.31%
ROE	-29.77%
Gross Margin	74.58%
Operating Margin	-73.64%
Profit Margin	-32.36%

Ownership

Insider Ownership	2.83%
Institutional Ownership	106.71%
Insider & Institutional transactions data not available

Valuation Ratios

Forward P/E	5.08
PEG	5.70
P/S	1.20
P/B	1.25

Analyst Data

Recommendation	buy
Target Price	$30.89

Technical Indicators

SMA20	$19.01
SMA50	$20.73
SMA200	$22.82
RSI	63.99
ATR	0.8479

Shares Float	102.27M
Short Float	22.86%
Short Ratio	6.07
Volatility	0.71
Rel Volume	0.72

Performance History

Week	+14.42%
Month	+10.04%
Quarter	-15.89%
6 Months	-3.96%
YTD	+0.05%
Year	-15.13%
3 Years	-29.85%
5 Years	+35.68%
10 Years	-40.87%

Stock Score: ⭐ Premium

Based on debt, profitability, growth, and cash flow metrics

⭐ Premium Feature

Recent Price History

Date	Close	Volume
2026-07-17	$21.19	2,835,300
2026-07-16	$20.36	2,966,700
2026-07-15	$20.36	2,613,800
2026-07-14	$20.14	2,937,300
2026-07-13	$20.36	4,389,300
2026-07-10	$18.52	2,138,200
2026-07-09	$18.79	3,061,100
2026-07-08	$19.36	6,062,600
2026-07-07	$18.48	3,626,900
2026-07-06	$17.37	4,405,500
2026-07-02	$17.95	3,543,700
2026-07-01	$17.56	4,193,600
2026-06-30	$18.15	4,093,000
2026-06-29	$17.77	5,979,900
2026-06-26	$18.72	7,216,400
2026-06-25	$19.28	3,676,700
2026-06-24	$19.03	3,543,600
2026-06-23	$18.96	2,893,300
2026-06-22	$18.86	3,038,300
2026-06-18	$18.98	5,167,200

About Northern Oil and Gas, Inc.

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. Northern Oil and Gas, Inc. was founded in 2006 and is headquartered in Minnetonka, Minnesota.

📰 Latest News

Unpacking Q1 Earnings: Northern Oil and Gas (NYSE:NOG) In The Context Of Other U.S. Shale E&P Stocks

StockStory • 2026-07-16T18:41:22Z

SM Energy, Northern Oil and Gas, and Kosmos Energy Shares Are Soaring, What You Need To Know

StockStory • 2026-07-13T23:18:39Z

Is Northern Oil And Gas (NOG) Priced Too Cheaply For Its Sales?

Simply Wall St. • 2026-07-11T16:08:16Z

Northern Oil And Gas (NOG) Could Be 48% Undervalued Following Its Duvernay Deal

Simply Wall St. • 2026-07-10T23:11:03Z

Talos Energy, Northern Oil and Gas, and Seadrill Shares Plummet, What You Need To Know

StockStory • 2026-07-09T21:43:42Z

Diamondback Energy and Northern Oil and Gas Stocks Trade Up, What You Need To Know

StockStory • 2026-07-08T23:30:44Z

1 Stock Under $50 to Consider Right Now and 2 We Find Risky

StockStory • 2026-06-30T12:11:01Z

Raymond James Cuts Northern Oil and Gas (NOG) Target but Backs Long-Term Production Growth

Insider Monkey • 2026-06-22T02:59:35Z

3 Unprofitable Stocks with Questionable Fundamentals

StockStory • 2026-06-17T08:20:51Z

Northern Oil and Gas and Riley Exploration Permian Stocks Trade Down, What You Need To Know

StockStory • 2026-06-16T05:00:07Z

Period:

Income Statement (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue
Reconciled Cost Of Revenue	$1,419,859,000	$1,327,784,000	$993,148,000	$670,142,000
Cost Of Revenue	$1,419,859,000	$1,327,784,000	$993,148,000	$670,142,000
Total Revenue	$2,095,059,000	$2,163,761,000	$1,907,009,000	$1,985,798,000
Operating Revenue	$2,081,288,000	$2,152,079,000	$1,897,779,000	$1,985,798,000
Expenses
Interest Expense	$172,380,000	$157,717,000	$135,664,000	$80,331,000
Total Expenses	$1,494,039,000	$1,387,897,000	$1,044,397,000	$717,343,000
Other Income Expense	$-365,935,000	$62,670,000	$273,794,000	$-411,785,000
Other Non Operating Income Expenses	$637,000	$440,000	$4,795,000	$-185,000
Net Non Operating Interest Income Expense	$-172,380,000	$-157,717,000	$-135,664,000	$-80,331,000
Interest Expense Non Operating	$172,380,000	$157,717,000	$135,664,000	$80,331,000
Operating Expense	$74,180,000	$60,113,000	$51,249,000	$47,201,000
Other Operating Expenses	$12,848,000	$9,650,000	$4,448,000	-
General And Administrative Expense	$61,332,000	$50,463,000	$46,801,000	$47,201,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$38,761,000	$520,308,000	$922,969,000	$773,237,000
Net Interest Income	$-172,380,000	$-157,717,000	$-135,664,000	$-80,331,000
Normalized Income	$265,302,496	$472,764,280	$674,951,922	$1,183,192,907
Net Income From Continuing And Discontinued Operation	$38,761,000	$520,308,000	$922,969,000	$773,237,000
Total Operating Income As Reported	$245,847,000	$837,831,000	$1,121,862,000	$853,192,000
Net Income Common Stockholders	$38,761,000	$520,308,000	$922,969,000	$727,703,000
Net Income	$38,761,000	$520,308,000	$922,969,000	$773,237,000
Net Income Including Noncontrolling Interests	$38,761,000	$520,308,000	$922,969,000	$773,237,000
Net Income Continuous Operations	$38,761,000	$520,308,000	$922,969,000	$773,237,000
Pretax Income	$62,705,000	$680,817,000	$1,000,742,000	$776,338,000
Special Income Charges	$-746,670,000	$0	$10,766,000	$2,669,000
Operating Income	$601,020,000	$775,864,000	$862,612,000	$1,268,455,000
Gross Profit	$675,200,000	$835,977,000	$913,861,000	$1,315,656,000
Per Share
Diluted EPS	$0.39	$5.14	$10.03	$8.92
Basic EPS	$0.40	$5.21	$10.09	$9.26
Other
Tax Effect Of Unusual Items	$-140,030,504	$14,686,280	$20,981,922	$-1,644,093
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$1,416,516,000	$1,517,205,000	$1,353,431,000	$1,519,541,000
Total Unusual Items	$-366,572,000	$62,230,000	$268,999,000	$-411,600,000
Total Unusual Items Excluding Goodwill	$-366,572,000	$62,230,000	$268,999,000	$-411,600,000
Reconciled Depreciation	$814,859,000	$740,901,000	$486,024,000	$251,272,000
EBITDA (Bullshit earnings)	$1,049,944,000	$1,579,435,000	$1,622,430,000	$1,107,941,000
EBIT	$235,085,000	$838,534,000	$1,136,406,000	$856,669,000
Diluted Average Shares	$99,314,382	$101,267,625	$92,060,947	$86,675,365
Basic Average Shares	$97,711,444	$99,852,539	$91,483,687	$78,557,216
Diluted NI Availto Com Stockholders	$38,761,000	$520,308,000	$922,969,000	$727,703,000
Tax Provision	$23,944,000	$160,509,000	$77,773,000	$3,101,000
Other Special Charges	$43,923,000	-	$-659,000	$-810,000
Impairment Of Capital Assets	$702,747,000	$0	$0	$0
Restructuring And Mergern Acquisition	$0	$0	$-10,107,000	$-1,859,000
Gain On Sale Of Security	$380,098,000	$62,230,000	$258,233,000	$-414,269,000
Selling General And Administration	$61,332,000	$50,463,000	$46,801,000	$47,201,000
Other Gand A	$61,332,000	$50,463,000	$46,801,000	$47,201,000
Otherunder Preferred Stock Dividend	-	$0	$0	$35,731,000
Preferred Stock Dividends	-	-	-	$9,803,000
Write Off	-	-	-	-

Fetched: 2026-07-15

Balance Sheet (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Net Tangible Assets	$2,126,341,000	$2,320,435,000	$2,047,676,000	$745,260,000
Total Assets	$5,409,375,000	$5,603,822,000	$4,484,255,000	$2,875,178,000
Total Non Current Assets	$4,823,344,000	$5,103,079,000	$3,974,849,000	$2,554,693,000
Other Non Current Assets	$73,941,000	$11,077,000	$15,466,000	$16,220,000
Financial Assets	$3,036,000	$9,832,000	$10,725,000	$12,547,000
Current Assets	$586,031,000	$500,743,000	$509,407,000	$320,485,000
Other Current Assets	$7,065,000	$5,271,000	$2,489,000	$2,014,000
Hedging Assets Current	$166,678,000	$46,525,000	$75,733,000	$35,293,000
Prepaid Assets	$29,996,000	$12,291,000	$49,210,000	$8,976,000
Receivables	$367,993,000	$427,723,000	$373,780,000	$271,674,000
Taxes Receivable	$18,066,000	$38,050,000	$3,249,000	$338,000
Accounts Receivable	$349,927,000	$389,673,000	$370,531,000	$271,336,000
Cash Cash Equivalents And Short Term Investments	$14,299,000	$8,933,000	$8,195,000	$2,528,000
Cash And Cash Equivalents	$14,299,000	$8,933,000	$8,195,000	$2,528,000
Non Current Prepaid Assets	-	$0	$17,094,000	$43,000,000
Allowance For Doubtful Accounts Receivable	-	$-4,000,000	$-4,000,000	$-4,900,000
Gross Accounts Receivable	-	$393,673,000	$374,531,000	$276,236,000
Debt
Net Debt	$2,381,094,000	$2,360,361,000	$1,827,359,000	$1,522,885,000
Total Debt	$2,395,393,000	$2,369,294,000	$1,835,554,000	$1,525,413,000
Long Term Debt And Capital Lease Obligation	$2,395,393,000	$2,369,294,000	$1,835,554,000	$1,525,413,000
Long Term Debt	$2,395,393,000	$2,369,294,000	$1,835,554,000	$1,525,413,000
Liabilities
Total Liabilities Net Minority Interest	$3,283,034,000	$3,283,387,000	$2,436,579,000	$2,129,918,000
Total Non Current Liabilities Net Minority Interest	$2,743,741,000	$2,739,117,000	$2,050,818,000	$1,784,946,000
Other Non Current Liabilities	$1,770,000	$2,272,000	$2,742,000	$2,046,000
Derivative Product Liabilities	$48,102,000	$93,606,000	$105,831,000	$225,905,000
Non Current Deferred Liabilities	$247,645,000	$228,038,000	$68,488,000	$0
Non Current Deferred Taxes Liabilities	$247,645,000	$228,038,000	$68,488,000	$0
Current Liabilities	$539,293,000	$544,270,000	$385,761,000	$344,972,000
Other Current Liabilities	$3,876,000	$24,620,000	$18,927,000	$70,306,000
Payables And Accrued Expenses	$535,417,000	$519,650,000	$366,834,000	$274,666,000
Interest Payable	$23,018,000	$25,992,000	$26,219,000	$24,347,000
Payables	$218,620,000	$202,866,000	$192,672,000	$128,582,000
Accounts Payable	$218,620,000	$202,866,000	$192,672,000	$128,582,000
Equity
Common Stock Equity	$2,126,341,000	$2,320,435,000	$2,047,676,000	$745,260,000
Total Equity Gross Minority Interest	$2,126,341,000	$2,320,435,000	$2,047,676,000	$745,260,000
Stockholders Equity	$2,126,341,000	$2,320,435,000	$2,047,676,000	$745,260,000
Retained Earnings	$481,279,000	$442,518,000	$-77,790,000	$-1,000,759,000
Preferred Stock Equity	-	-	-	-
Other
Ordinary Shares Number	$97,265,559	$99,113,645	$100,761,148	$85,165,807
Share Issued	$97,265,559	$99,113,645	$100,761,148	$85,165,807
Tangible Book Value	$2,126,341,000	$2,320,435,000	$2,047,676,000	$745,260,000
Invested Capital	$4,521,734,000	$4,689,729,000	$3,883,230,000	$2,270,673,000
Working Capital	$46,738,000	$-43,527,000	$123,646,000	$-24,487,000
Total Capitalization	$4,521,734,000	$4,689,729,000	$3,883,230,000	$2,270,673,000
Additional Paid In Capital	$1,644,563,000	$1,877,416,000	$2,124,963,000	$1,745,532,000
Capital Stock	$499,000	$501,000	$503,000	$487,000
Common Stock	$499,000	$501,000	$503,000	$487,000
Long Term Provisions	$50,831,000	$45,907,000	$38,203,000	$31,582,000
Current Accrued Expenses	$316,797,000	$316,784,000	$174,162,000	$146,084,000
Net PPE	$4,746,367,000	$5,082,170,000	$3,931,564,000	$2,482,926,000
Accumulated Depreciation	$-6,784,649,000	$-5,271,807,000	$-4,541,808,000	$-4,058,180,000
Gross PPE	$11,531,016,000	$10,353,977,000	$8,473,372,000	$6,541,106,000
Other Properties	$3,196,000	$3,899,000	-	-
Treasury Shares Number	-	-	$0	-
Preferred Stock	-	-	-	$0

Fetched: 2026-07-15

Cash Flow Statement (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Free Cash Flow
Free Cash Flow	$252,826,000	$-266,091,000	$-679,025,000	$-431,358,000
Operating Activities
Operating Cash Flow	$1,505,288,000	$1,408,663,000	$1,183,321,000	$928,418,000
Cash Flow From Continuing Operating Activities	$1,505,288,000	$1,408,663,000	$1,183,322,000	$928,418,000
Operating Gains Losses	$-167,944,000	$20,995,000	$-200,973,000	$-41,805,000
Investing Activities
Capital Expenditure	$-1,252,462,000	$-1,674,754,000	$-1,862,346,000	$-1,359,776,000
Investing Cash Flow	$-1,252,462,000	$-1,674,754,000	$-1,862,346,000	$-1,402,777,000
Cash Flow From Continuing Investing Activities	$-1,252,462,000	$-1,674,754,000	$-1,862,346,000	$-1,402,776,000
Net Other Investing Changes	-	-	-	$-1,000
Capital Expenditure Reported	-	-	-	-
Financing Activities
Repurchase Of Capital Stock	$-57,012,000	$-94,497,000	$-8,004,000	$-135,738,000
Issuance Of Capital Stock	$0	$0	$514,749,000	$0
Financing Cash Flow	$-247,460,000	$266,829,000	$684,692,000	$467,367,000
Cash Flow From Continuing Financing Activities	$-247,460,000	$266,829,000	$684,692,000	$467,366,000
Net Other Financing Charges	$-45,101,000	$-5,705,000	$-14,512,000	$-45,693,000
Cash Dividends Paid	$-173,404,000	$-161,969,000	$-123,945,000	$-73,266,000
Common Stock Dividend Paid	$-173,404,000	$-161,969,000	$-123,945,000	$-51,602,000
Net Common Stock Issuance	$-57,012,000	$-94,497,000	$506,745,000	$-54,502,000
Common Stock Issuance	$0	$0	$514,749,000	$0
Preferred Stock Dividend Paid	-	$0	$0	$-21,664,000
Net Preferred Stock Issuance	-	$0	$0	$-81,236,000
Preferred Stock Issuance	-	-	-	-
Other
Repayment Of Debt	$-1,284,943,000	$-455,000,000	$-1,174,660,000	$-1,020,907,000
Issuance Of Debt	$1,313,000,000	$984,000,000	$1,491,064,000	$1,742,971,000
Interest Paid Supplemental Data	$170,862,000	$152,061,000	$128,943,000	$74,933,000
End Cash Position	$14,299,000	$8,933,000	$8,195,000	$2,528,000
Beginning Cash Position	$8,933,000	$8,195,000	$2,528,000	$9,519,000
Changes In Cash	$5,366,000	$738,000	$5,667,000	$-6,991,000
Common Stock Payments	$-57,012,000	$-94,497,000	$-8,004,000	$-54,502,000
Net Issuance Payments Of Debt	$28,057,000	$529,000,000	$316,404,000	$722,064,000
Net Long Term Debt Issuance	$28,057,000	$529,000,000	$316,404,000	$722,064,000
Long Term Debt Payments	$-1,284,943,000	$-455,000,000	$-1,174,660,000	$-1,020,907,000
Long Term Debt Issuance	$1,313,000,000	$984,000,000	$1,491,064,000	$1,742,971,000
Net PPE Purchase And Sale	$-1,252,462,000	$-1,674,754,000	$-1,862,346,000	$-1,359,776,000
Purchase Of PPE	$-1,252,462,000	$-1,674,754,000	$-1,862,346,000	$-1,359,776,000
Change In Working Capital	$70,063,000	$-53,886,000	$-106,134,000	$-62,400,000
Change In Payables And Accrued Expense	$11,904,000	$3,532,000	$-4,343,000	$13,224,000
Change In Accrued Expense	$-2,974,000	$-227,000	$1,738,000	$13,562,000
Change In Interest Payable	$-2,974,000	$-227,000	$1,738,000	$3,607,000
Change In Payable	$14,878,000	$3,759,000	$-6,081,000	$-338,000
Change In Account Payable	$14,878,000	$3,759,000	$-6,081,000	$-338,000
Change In Prepaid Assets	$-1,571,000	$-1,498,000	$-474,000	$-720,000
Change In Receivables	$59,730,000	$-52,168,000	$-101,317,000	$-74,904,000
Changes In Account Receivables	$39,746,000	$-17,367,000	$-101,317,000	$-74,904,000
Other Non Cash Items	$7,869,000	$8,826,000	$-1,083,000	$3,029,000
Stock Based Compensation	$15,363,000	$11,969,000	$5,660,000	$5,656,000
Asset Impairment Charge	$702,747,000	$0	$0	$0
Deferred Tax	$23,570,000	$159,550,000	$76,858,000	$-571,000
Deferred Income Tax	$23,570,000	$159,550,000	$76,858,000	$-571,000
Depreciation Amortization Depletion	$814,859,000	$740,901,000	$486,024,000	$251,272,000
Depletion	$814,859,000	$740,901,000	$486,024,000	$251,272,000
Gain Loss On Investment Securities	$-178,777,000	$20,995,000	$-200,314,000	$-41,180,000
Net Income From Continuing Operations	$38,761,000	$520,308,000	$922,969,000	$773,237,000
Income Tax Paid Supplemental Data	-	$332,000	$3,826,000	$3,672,000
Preferred Stock Payments	-	$0	$0	$-81,236,000
Net Business Purchase And Sale	-	$17,094,000	$-17,094,000	$-43,000,000
Sale Of Business	-	$17,094,000	-	-
Change In Other Working Capital	-	$-3,752,000	-	-
Gain Loss On Sale Of PPE	-	$0	$0	$185,000
Purchase Of Business	-	-	$-17,094,000	$-43,000,000
Net Short Term Debt Issuance	-	-	-	-
Short Term Debt Payments	-	-	-	-
Short Term Debt Issuance	-	-	-	-

Fetched: 2026-07-15