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.
Zacks Investment Research8/17/2026Positive
NOG
Northern Oil & Gas IncNYSEENERGYOIL & GAS E&P
Key Statistics
Market Cap
$2.72B
P/E Ratio
—
EPS
$-5.03
Beta
0.73
52W High
$29.99
52W Low
$17.18
50-Day MA
$20.49
200-Day MA
$23.58
Dividend Yield
7.35%
Profit Margin
-24.10%
Forward P/E
6.59
PEG Ratio
6.59
About Northern Oil & Gas Inc
Northern Oil and Gas, Inc., an independent energy company, is engaged in the acquisition, exploration, exploitation, development and production of crude oil and natural gas properties in the United States. The company is headquartered in Minnetonka, Minnesota.
Fundamentals
| Revenue (TTM) | $2.01B |
| Gross Profit (TTM) | $1.52B |
| EBITDA | $1.20B |
| Operating Margin | 57.10% |
| Return on Equity | -22.10% |
| Return on Assets | 4.60% |
| Revenue/Share (TTM) | $20.19 |
| Book Value | $18.81 |
| Price-to-Book | 1.31 |
| Price-to-Sales (TTM) | 1.35 |
| EV/Revenue | 2.453 |
| EV/EBITDA | 16.43 |
| Quarterly Earnings Growth (YoY) | 119.00% |
| Quarterly Revenue Growth (YoY) | 16.00% |
| Shares Outstanding | $106.55M |
| Float | $103.04M |
| % Insiders | 2.89% |
| % Institutions | 105.17% |
Historical Volatility
HV 10-Day
56.54%
HV 20-Day
55.07%
HV 30-Day
57.12%
HV 60-Day
53.04%
HV Rank
97.6%
Volatility is currently contracting
Analyst Ratings
Consensus ($30.89 target)
1
Strong Buy3
Buy4
Hold1
SellLatest News
Northern Oil and Gas, Inc. (NOG) Q2 2026 Earnings Call Transcript
Northern Oil and Gas, Inc. (NOG) Q2 2026 Earnings Call Transcript
Seeking Alpha8/7/2026Neutral
NOG Announces Second Quarter 2026 Results
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Second Quarter 2026 Results.
Business Wire8/6/2026Neutral
NOG Declares Quarterly Cash Dividend
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. DIVIDEND DECLARATION NOG's Board of Directors has declared a cash dividend in the amount of $0.45 per share, representing an equal amount to the prior quarterly dividend. The dividend is payable on October 30, 2026, to stockholders of record as of the close of business on September 29, 2026. ABOUT NO.
Business Wire8/4/2026Neutral
Analysts Estimate Northern Oil and Gas (NOG) to Report a Decline in Earnings: What to Look Out for
Northern Oil and Gas (NOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks Investment Research7/30/2026Negative
NOG Provides Second Quarter Operational Update
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today provided an update on several business matters including second quarter hedging results, an update on ground game transactions and shareholder returns. HIGHLIGHTS NOG reiterates 2026 production and capital expenditure guidance Strong second quarter for the Ground Game closing on over 2,300 net acres and 6.2 net wells On June 1, closed the previously announced Duvernay Joint Development acquisitio.
Business Wire7/13/2026Neutral
NOG Schedules Second Quarter 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 second quarter 2026 financial and operating results on Thursday, August 6, 2026, after the market closes. Additionally, the Company will host a conference call on Friday, August 7, 2026, at 8:00 a.m. Central Time. Those wishing to listen to the conference call may do so via phone or the Company's webcast. Conference Call and Webcast Details: Date: August 7, 20.
Business Wire7/9/2026Neutral
As Energy M&A Heats Up, These 3 Smaller Players Are Prime Takeover Candidates
Energy sector M&A is hot again. With West Texas Intermediate (WTI) crude recently trading at $94.77 per barrel and the EIA's May 2026 Short-Term Energy Outlook projecting continued growth in Permian output, larger operators are hunting for accretive bolt-ons, scarcity acreage, and discounted offshore portfolios.
24/7 Wall Street6/3/2026Neutral
Northern Oil and Gas (NOG) Down 23.6% Since Last Earnings Report: Can It Rebound?
Northern Oil and Gas (NOG) reported earnings 30 days ago. What's next for the stock?
Zacks Investment Research5/28/2026Negative
NOG Declares Quarterly Cash Dividend
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. DIVIDEND DECLARATION NOG's Board of Directors has declared a cash dividend in the amount of $0.45 per share, representing an equal amount to the prior quarterly dividend. The dividend is payable on July 31, 2026, to stockholders of record as of the close of business on June 29, 2026. ABOUT NOG NOG is.
Business Wire5/13/2026Neutral
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Data last updated: 8/18/2026