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.
| 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 | 1.24 |
| Price-to-Sales (TTM) | 1.44 |
| EV/Revenue | 2.385 |
| EV/EBITDA | 15.98 |
| Quarterly Earnings Growth (YoY) | 119.00% |
| Quarterly Revenue Growth (YoY) | 16.00% |
| Shares Outstanding | $106.55M |
| Float | $103.02M |
| % Insiders | 2.91% |
| % Institutions | 104.32% |
Volatility is currently contracting
Northern Oil and Gas (NOG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it plans to issue its third quarter 2026 financial and operating results on Thursday, November 5, 2026, after the market closes. Additionally, the Company will host a conference call on Friday, November 6, 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: Novem.
Northern Oil and Gas (NOG) remains a Strong Buy, supported by robust adjusted EBITDA growth and a steep sector discount. NOG's strategic pivot toward natural gas and improved per-barrel economics offset recent hedge-driven earnings volatility. Refinancing has lowered interest costs, supporting margin expansion and a sustainable, growing dividend currently yielding over 7%.
MINNEAPOLIS--(BUSINESS WIRE)--NOG ANNOUNCES PRICING OF $500 MILLION PRIVATE OFFERING OF SENIOR NOTES.
NOG's low valuation and strong free cash flow offer appeal, but leverage, commodity exposure and operator reliance keep the setup balanced.
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.
NOG beats Q2 earnings and sales estimates as natural gas production surges, despite weaker gas prices weighing on profits.
Northern Oil and Gas, Inc. (NOG) Q2 2026 Earnings Call Transcript
MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Second Quarter 2026 Results.
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