Northern Oil & Gas Inc (NOG)


Northern Oil & Gas Inc. (NYSE: NOG) is a common stock listing of an independent energy company focused on crude oil and natural gas properties in the United States. The company is involved in the acquisition, exploration, development, exploitation, and production of these assets. Founded in 2006, Northern Oil & Gas is headquartered in Minnetonka, Minnesota.


Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NYSE-NOG
$28.36
30.4% Upside
Undervalued
$30.89
42.0% Upside
Undervalued
Good
June 29, 2026
July 31, 2026
1.8
8.5%
August 6, 2026
-3.8x
1.3x
1.2x
2.299 B
4.863 B
52.6%
97.2%
0.8
-28.3%
32.3%
Valuation • Fair Value

Northern Oil & Gas Inc (NYSE-NOG) Fair Value by Valuation Model

Compare the primary fair value estimate for Northern Oil & Gas Inc (NYSE-NOG) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$28.36

Estimated upside of 30.4% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

DCF Fair Value

$35.82

Discounted cash flow valuation reference.

Ben Graham Formula Value

$0

Classic Ben Graham valuation formula reference.

DDM Fair Value

$21.68

Dividend discount model valuation reference.

EPV Fair Value

$33.69

Earnings power value estimate.

Comps Fair Value

$22.24

Comparable-company valuation reference.

Analyst Price Target

$30.89

Analysts imply upside of 42.0%.

How to read these valuation models

Use this section to compare the primary fair value estimate for Northern Oil & Gas Inc (NYSE-NOG) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for Northern Oil & Gas Inc (NYSE-NOG)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

1.925 B

Current operating scale indicator.

Revenue Forecast

1.841 B

Forward revenue estimate.

EBITDA

1.447 B

Current operating profitability reference.

EBITDA Forecast

1.472 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Northern Oil & Gas Inc (NYSE-NOG) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Northern Oil & Gas Inc (NYSE-NOG)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Good

Positive financial-health read.

Piotroski Score

3

Weak quality score that deserves closer review.

Beneish M-Score

-4.22

No elevated caution signal from this screen.

Altman Z-Score

0.8

Lower score that deserves closer risk review.

FCF / Net Income

32.3%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Northern Oil & Gas Inc (NYSE-NOG). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Northern Oil & Gas Inc (NYSE-NOG)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

August 6, 2026

Days to Earnings

16

Dividend Payment Date

July 31, 2026

Ex-Dividend Date

June 29, 2026

Dividend Yield

8.5%

Income yield reference.

Upcoming Dividend

1.8

Upcoming distribution amount.

Payment Type

Cash

Distribution type as reported in the data.

Dividend Currency

USD

Currency used for the distribution.

Payout Ratio

-28.3%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Northern Oil & Gas Inc (NYSE-NOG), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Northern Oil & Gas Inc (NYSE-NOG) Stock Forecast & Technical Outlook

Review Northern Oil & Gas Inc (NYSE-NOG) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for Northern Oil & Gas Inc (NYSE-NOG) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Buy

The 1-hour technical read for Northern Oil & Gas Inc (NYSE-NOG) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for Northern Oil & Gas Inc (NYSE-NOG) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Sell

The weekly technical read for Northern Oil & Gas Inc (NYSE-NOG) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Sell

The monthly technical read for Northern Oil & Gas Inc (NYSE-NOG) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Northern Oil & Gas Inc (NYSE-NOG)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Hold

Based on the available recommendation mix, Northern Oil & Gas Inc (NYSE-NOG) has a Hold consensus, with 3 buy, 4 hold and 1 sell recommendations in the current data set.

Buy 3
Hold 4
Sell 1
FAQ Fast Investor Answers

Northern Oil & Gas Inc (NYSE-NOG) Stock FAQ

Quick answers about Northern Oil & Gas Inc (NYSE-NOG) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$28.36
Estimated upside 30.4%
Valuation Rating
Undervalued
Estimated upside of 30.4%
Analyst Target
$30.89
Implied upside 42.0%
Financial Health
Good
Current financial-health read

The current fair value estimate for Northern Oil & Gas Inc (NYSE-NOG) is $28.36. This implies an estimated upside of 30.4% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 30.4% versus the current market price.

The available analyst price target for Northern Oil & Gas Inc (NYSE-NOG) is $30.89. The analyst target implies estimated upside of 42.0%.

The current financial health read for Northern Oil & Gas Inc (NYSE-NOG) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Northern Oil & Gas Inc (NYSE-NOG) is August 6, 2026.

Based on the current data, dividend yield is 8.5%, upcoming dividend amount is 1.8, ex-dividend date is June 29, 2026, payment date is July 31, 2026.

The current P/E ratio listed for Northern Oil & Gas Inc (NYSE-NOG) is -3.8x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Northern Oil & Gas Inc is 2.299 B.

The current enterprise value listed for Northern Oil & Gas Inc is 4.863 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Northern Oil & Gas Inc is NYSE-NOG, and the stock is listed on NYSE.

Northern Oil & Gas Inc (NYSE-NOG) is listed on NYSE.

The current debt-to-total-capital ratio listed for Northern Oil & Gas Inc is 52.6%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Northern Oil & Gas Inc is 97.2%. Free float helps investors understand how much of the share base is available for public trading.