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Northern Oil and Gas, Inc.

$27.12 +$5.11 (+23.22%)
NYSE · 15 Sep 2026 20:00 UTC
Previous Close
$26.36
Day Range
$26.62$27.3
Year Range
$17.18$31.17
Market Cap
2.95B
AVG Volume
2.84M
Trailing/Forward PE
-5.32/7.03
PEG ratio
3.07
Dividend Yield
6.64%
Next Earnings Date
2026-11-09
Primary Exchange
New York Stock ExchangeUS
Revenue (USD) · TTM
01B2B3B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
NOG Revenue (USD) · TTM by quarter
PeriodRevenue (USD) · TTM
26 Q22.23B
26 Q12.06B
25 Q42.1B
25 Q32.19B
25 Q22.22B
25 Q12.21B
24 Q42.16B
24 Q32.16B
24 Q22.16B
24 Q12.01B
Net Income (USD) · TTM
-1B-500M0500M1B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
NOG Net Income (USD) · TTM by quarter
PeriodNet Income (USD) · TTM
26 Q2-486.02M
26 Q1-623.07M
25 Q438.76M
25 Q3181.19M
25 Q2608.71M
25 Q1647.68M
24 Q4520.31M
24 Q3837.46M
24 Q2565.13M
24 Q1594.38M
Operating Income (USD) · TTM
0500M1B1.5B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
NOG Operating Income (USD) · TTM by quarter
PeriodOperating Income (USD) · TTM
26 Q2712.5M
26 Q1536.13M
25 Q4609.68M
25 Q3663.49M
25 Q2972.02M
25 Q11.01B
24 Q4837.83M
24 Q31.19B
24 Q2797.74M
24 Q1813.59M
EBITDA (USD) · TTM
0500M1B1.5B2B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
NOG EBITDA (USD) · TTM by quarter
PeriodEBITDA (USD) · TTM
26 Q2321.35M
26 Q1158.38M
25 Q41.05B
25 Q31.23B
25 Q21.77B
25 Q11.79B
24 Q41.58B
24 Q31.88B
24 Q21.43B
24 Q11.38B
Cash Flows (USD) · TTM
-1B-750M-500M-250M0250M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
NOG Cash Flows (USD) · TTM by quarter
PeriodCash Flows (USD) · TTM
26 Q2-838.46M
26 Q1-749.4M
25 Q4-295.47M
25 Q3-170.69M
25 Q2-237.33M
25 Q1-150.91M
24 Q4-308.69M
24 Q387.58M
24 Q2-302.78M
24 Q1-484.93M
EPS (USD) · TTM
-10-5051024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
NOG EPS (USD) · TTM by quarter
PeriodEPS (USD) · TTM
26 Q2-5.12
26 Q1-6.31
25 Q40.39
25 Q31.77
25 Q26.06
25 Q16.42
24 Q45.14
24 Q38.33
24 Q25.65
24 Q16.17
Expenses (USD) · TTM
01B2B3BSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
NOG Expenses (USD) · TTM by quarter
PeriodExpenses (USD) · TTM
26 Q22.3B
26 Q12.24B
25 Q41.86B
25 Q31.71B
25 Q21.74B
25 Q11.63B
24 Q41.77B
24 Q31.42B
24 Q21.69B
24 Q11.84B
Shares Outstanding (USD) · TTM
-50M050M100MBuybacks (Repurchases)Stock-Based Compensation24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
NOG Shares Outstanding (USD) · TTM by quarter
PeriodShares Outstanding (USD) · TTM
26 Q240.92M
26 Q126.51M
25 Q441.65M
25 Q360.16M
25 Q275.6M
25 Q179.25M
24 Q485.56M
24 Q362.77M
24 Q251.42M
24 Q115.51M
Dividends (USD)
00.20.40.6Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
NOG Dividends (USD) by quarter
PeriodDividends (USD)
Sep 260.45
Jun 260.45
Mar 260.45
Dec 250.45
Sep 250.45
Jun 250.45
Mar 250.45
Dec 240.42
Sep 240.42
Jun 240.4
Employee Count
0204060802016201720182019202020212022202320242025
NOG Employee Count by quarter
PeriodEmployee Count
202564
202449
202338
202233
202125
202025
201924
201820
201718
201619
PE Ratio
020406080med 5.94Aug 24Nov 24Feb 25Jun 25Sep 25Jan 26Apr 26
NOG PE Ratio by quarter
PeriodPE Ratio
Apr 2667.33
Apr 2661.89
Apr 2667.91
Apr 2671.32
Mar 2677.69
Mar 2672.7
Mar 2669.35
Mar 2672.75
Feb 2669.55
Feb 2615.09
Feb 2613.92
Feb 2613.74
Jan 2613.4
Jan 2612.57
Jan 2611.92
Jan 2611.72
Jan 2611.8
Dec 2511.47
Dec 2511.55
Dec 2512.12
Dec 2513.32
Nov 2512
Nov 2511.5
Nov 2511.96
Nov 2511.58
Oct 253.57
Oct 253.47
Oct 253.48
Oct 253.55
Oct 254.03
Sep 254.46
Sep 254.04
Sep 254.1
Sep 254
Aug 254.21
Aug 254.04
Aug 253.92
Aug 253.94
Aug 254.03
Jul 254.33
Jul 254.15
Jul 254.68
Jul 254.53
Jun 254.41
Jun 254.76
Jun 254.89
Jun 254.37
May 254.04
May 254.1
May 254.33
May 254.04
May 253.87
Apr 254.66
Apr 254.67
Apr 254.34
Apr 254.51
Mar 255.81
Mar 255.81
Mar 255.67
Mar 255.3
Feb 256.07
Feb 256.36
Feb 254.17
Feb 254.18
Jan 254.27
Jan 254.51
Jan 254.99
Jan 254.75
Jan 254.55
Dec 244.28
Dec 244.23
Dec 244.84
Dec 244.78
Nov 245.17
Nov 245.13
Nov 244.81
Nov 244.86
Nov 246.36
Oct 246.62
Oct 246.61
Oct 247.08
Oct 247.04
Sep 246.24
Sep 246.58
Sep 246.11
Sep 246.2
Aug 247.06
Aug 247.03
Aug 246.85
Aug 246.73
Aug 246.84
Jul 246.79
Jul 246.98
Jul 246.67
Jul 246.43
Jun 246.28
Jun 246.21
Jun 246.26
Jun 246.35
May 246.92
Free Cash Flow Yield
-60%-40%-20%0%20%med -9.58%Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
NOG Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 26-29.2%
Sep 26-29.8%
Sep 26-30.55%
Aug 26-30.78%
Aug 26-28.97%
Aug 26-32.32%
Aug 26-36.66%
Jul 26-35.97%
Jul 26-35.92%
Jul 26-35.9%
Jul 26-41.08%
Jul 26-42.38%
Jun 26-39.69%
Jun 26-39.14%
Jun 26-36.59%
Jun 26-36.26%
May 26-34.95%
May 26-32.03%
May 26-31.14%
May 26-32.51%
May 26-28.69%
Apr 26-11.32%
Apr 26-12.32%
Apr 26-11.22%
Apr 26-10.69%
Mar 26-9.81%
Mar 26-10.49%
Mar 26-10.99%
Mar 26-10.48%
Feb 26-10.96%
Feb 26-6.24%
Feb 26-6.77%
Feb 26-6.85%
Jan 26-7.03%
Jan 26-7.49%
Jan 26-7.9%
Jan 26-8.04%
Jan 26-7.98%
Dec 25-8.21%
Dec 25-8.16%
Dec 25-7.77%
Dec 25-7.07%
Nov 25-7.85%
Nov 25-8.19%
Nov 25-7.87%
Nov 25-8.13%
Oct 25-10.94%
Oct 25-11.23%
Oct 25-11.21%
Oct 25-10.98%
Oct 25-9.67%
Sep 25-8.75%
Sep 25-9.66%
Sep 25-9.51%
Sep 25-9.74%
Aug 25-9.25%
Aug 25-9.64%
Aug 25-9.94%
Aug 25-9.89%
Aug 25-9.67%
Jul 25-5.38%
Jul 25-5.62%
Jul 25-4.98%
Jul 25-5.14%
Jun 25-5.28%
Jun 25-4.9%
Jun 25-4.76%
Jun 25-5.33%
May 25-5.76%
May 25-5.68%
May 25-5.39%
May 25-5.77%
May 25-6.02%
Apr 25-12.73%
Apr 25-12.72%
Apr 25-13.68%
Apr 25-13.15%
Mar 25-10.2%
Mar 25-10.22%
Mar 25-10.47%
Mar 25-11.19%
Feb 25-9.77%
Feb 25-9.32%
Feb 252.51%
Feb 252.5%
Jan 252.45%
Jan 252.32%
Jan 252.09%
Jan 252.2%
Jan 252.3%
Dec 242.44%
Dec 242.47%
Dec 242.16%
Dec 242.19%
Nov 242.02%
Nov 242.04%
Nov 242.17%
Nov 242.15%
Nov 24-8.43%
Oct 24-8.09%
Price to Sales
0.511.522.5med 1.19Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
NOG Price to Sales by quarter
PeriodPrice to Sales
Sep 261.29
Sep 261.26
Sep 261.23
Aug 261.22
Aug 261.3
Aug 261.17
Aug 261.03
Jul 261.01
Jul 261.01
Jul 261.01
Jul 260.89
Jul 260.86
Jun 260.92
Jun 260.93
Jun 260.99
Jun 261
May 261.04
May 261.14
May 261.17
May 261.12
May 261.27
Apr 261.25
Apr 261.14
Apr 261.26
Apr 261.32
Mar 261.44
Mar 261.35
Mar 261.28
Mar 261.35
Feb 261.29
Feb 261.25
Feb 261.15
Feb 261.14
Jan 261.11
Jan 261.04
Jan 260.98
Jan 260.97
Jan 260.97
Dec 250.95
Dec 250.95
Dec 251
Dec 251.1
Nov 250.99
Nov 250.95
Nov 250.99
Nov 250.96
Oct 250.98
Oct 250.95
Oct 250.95
Oct 250.97
Oct 251.1
Sep 251.22
Sep 251.11
Sep 251.12
Sep 251.1
Aug 251.15
Aug 251.11
Aug 251.07
Aug 251.08
Aug 251.1
Jul 251.27
Jul 251.22
Jul 251.37
Jul 251.33
Jun 251.29
Jun 251.39
Jun 251.43
Jun 251.28
May 251.19
May 251.2
May 251.27
May 251.18
May 251.13
Apr 251.12
Apr 251.12
Apr 251.04
Apr 251.09
Mar 251.4
Mar 251.4
Mar 251.36
Mar 251.27
Feb 251.46
Feb 251.53
Feb 251.62
Feb 251.62
Jan 251.66
Jan 251.75
Jan 251.94
Jan 251.84
Jan 251.76
Dec 241.66
Dec 241.64
Dec 241.87
Dec 241.85
Nov 242
Nov 241.99
Nov 241.86
Nov 241.88
Nov 241.66
Oct 241.73
EV/EBITDA
010203040med 3.45Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
NOG EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 2617.27
Sep 2617.09
Sep 2616.87
Aug 2616.81
Aug 2617.34
Aug 2616.4
Aug 2615.45
Jul 2629.03
Jul 2629.05
Jul 2629.05
Jul 2627.39
Jul 2627.04
Jun 2627.8
Jun 2627.97
Jun 2628.81
Jun 2628.92
May 2629.42
May 2630.65
May 2631.07
May 2630.43
May 2632.37
Apr 264.75
Apr 264.55
Apr 264.77
Apr 264.9
Mar 265.14
Mar 264.95
Mar 264.83
Mar 264.95
Feb 264.84
Feb 264.11
Feb 263.94
Feb 263.91
Jan 263.86
Jan 263.74
Jan 263.64
Jan 263.61
Jan 263.62
Dec 253.58
Dec 253.59
Dec 253.67
Dec 253.85
Nov 253.65
Nov 253.58
Nov 253.65
Nov 253.59
Oct 252.54
Oct 252.51
Oct 252.51
Oct 252.54
Oct 252.7
Sep 252.85
Sep 252.7
Sep 252.72
Sep 252.69
Aug 252.76
Aug 252.71
Aug 252.66
Aug 252.67
Aug 252.7
Jul 252.84
Jul 252.77
Jul 252.97
Jul 252.92
Jun 252.87
Jun 253
Jun 253.05
Jun 252.86
May 252.74
May 252.76
May 252.84
May 252.74
May 252.68
Apr 253.03
Apr 253.03
Apr 252.92
Apr 252.98
Mar 253.41
Mar 253.41
Mar 253.36
Mar 253.24
Feb 253.5
Feb 253.59
Feb 252.88
Feb 252.89
Jan 252.93
Jan 253.03
Jan 253.25
Jan 253.14
Jan 253.05
Dec 242.93
Dec 242.91
Dec 243.18
Dec 243.15
Nov 243.33
Nov 243.31
Nov 243.17
Nov 243.19
Nov 243.81
Oct 243.91
Price/Operating Cashflow
11.522.53med 1.78Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
NOG Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 262.08
Sep 262.04
Sep 261.99
Aug 261.97
Aug 262.1
Aug 261.88
Aug 261.66
Jul 261.47
Jul 261.47
Jul 261.47
Jul 261.28
Jul 261.24
Jun 261.33
Jun 261.35
Jun 261.44
Jun 261.45
May 261.51
May 261.65
May 261.69
May 261.62
May 261.84
Apr 261.73
Apr 261.59
Apr 261.75
Apr 261.84
Mar 262
Mar 261.87
Mar 261.79
Mar 261.87
Feb 261.79
Feb 261.84
Feb 261.7
Feb 261.68
Jan 261.64
Jan 261.54
Jan 261.46
Jan 261.43
Jan 261.44
Dec 251.4
Dec 251.41
Dec 251.48
Dec 251.63
Nov 251.47
Nov 251.41
Nov 251.46
Nov 251.42
Oct 251.5
Oct 251.46
Oct 251.46
Oct 251.5
Oct 251.7
Sep 251.88
Sep 251.7
Sep 251.73
Sep 251.69
Aug 251.77
Aug 251.7
Aug 251.65
Aug 251.66
Aug 251.7
Jul 251.97
Jul 251.89
Jul 252.13
Jul 252.06
Jun 252.01
Jun 252.16
Jun 252.23
Jun 251.99
May 251.84
May 251.86
May 251.97
May 251.84
May 251.76
Apr 251.72
Apr 251.72
Apr 251.6
Apr 251.67
Mar 252.15
Mar 252.14
Mar 252.09
Mar 251.96
Feb 252.24
Feb 252.35
Feb 252.39
Feb 252.39
Jan 252.45
Jan 252.58
Jan 252.86
Jan 252.72
Jan 252.61
Dec 242.45
Dec 242.42
Dec 242.77
Dec 242.74
Nov 242.96
Nov 242.94
Nov 242.76
Nov 242.79
Nov 242.68
Oct 242.79
Price to Book
0.7511.251.51.752med 1.17Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
NOG Price to Book by quarter
PeriodPrice to Book
Sep 261.44
Sep 261.41
Sep 261.38
Aug 261.37
Aug 261.45
Aug 261.3
Aug 261.15
Jul 261.17
Jul 261.17
Jul 261.17
Jul 261.02
Jul 260.99
Jun 261.06
Jun 261.07
Jun 261.15
Jun 261.16
May 261.2
May 261.31
May 261.35
May 261.29
May 261.46
Apr 261.23
Apr 261.13
Apr 261.24
Apr 261.3
Mar 261.42
Mar 261.33
Mar 261.26
Mar 261.33
Feb 261.27
Feb 261.22
Feb 261.12
Feb 261.11
Jan 261.08
Jan 261.01
Jan 260.96
Jan 260.95
Jan 260.95
Dec 250.93
Dec 250.93
Dec 250.98
Dec 251.08
Nov 250.97
Nov 250.93
Nov 250.97
Nov 250.94
Oct 250.9
Oct 250.88
Oct 250.88
Oct 250.9
Oct 251.02
Sep 251.12
Sep 251.02
Sep 251.03
Sep 251.01
Aug 251.06
Aug 251.02
Aug 250.99
Aug 250.99
Aug 251.02
Jul 251.17
Jul 251.12
Jul 251.26
Jul 251.22
Jun 251.19
Jun 251.28
Jun 251.32
Jun 251.18
May 251.09
May 251.11
May 251.17
May 251.09
May 251.04
Apr 251.04
Apr 251.05
Apr 250.97
Apr 251.01
Mar 251.3
Mar 251.3
Mar 251.27
Mar 251.19
Feb 251.36
Feb 251.43
Feb 251.51
Feb 251.51
Jan 251.55
Jan 251.63
Jan 251.81
Jan 251.72
Jan 251.65
Dec 241.55
Dec 241.53
Dec 241.75
Dec 241.73
Nov 241.87
Nov 241.86
Nov 241.74
Nov 241.76
Nov 241.74
Oct 241.81
Northern Oil and Gas, Inc.
NOG
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News: NOG

Northern Oil And Gas: My Conviction Holds As Unit Economics Strengthen In Q2

seekingalpha.com · 10 Sep 2026

Northern Oil And Gas: My Conviction Holds As Unit Economics Strengthen In Q2

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%.

Northern Oil and Gas, Inc. (NYSE:NOG) Given Consensus Rating of “Hold” by Analysts

defenseworld.net · 31 Aug 2026

Northern Oil and Gas, Inc. (NYSE:NOG) Given Consensus Rating of “Hold” by Analysts

Northern Oil and Gas, Inc. (NYSE: NOG - Get Free Report) has been assigned an average recommendation of "Hold" from the nine ratings firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and three have issued a buy

Freestone Grove Partners LP Invests $1.49 Million in Northern Oil and Gas, Inc. $NOG

defenseworld.net · 30 Aug 2026

Freestone Grove Partners LP Invests $1.49 Million in Northern Oil and Gas, Inc. $NOG

Freestone Grove Partners LP purchased a new position in shares of Northern Oil and Gas, Inc. (NYSE: NOG) in the undefined quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 82,063 shares of the company's stock, valued at approximately $1,489,000. Freestone Grove Partners LP owned about 0.08%

NOG Announces Pricing of $500 Million Private Offering of Senior Notes

businesswire.com · 19 Aug 2026

NOG Announces Pricing of $500 Million Private Offering of Senior Notes

MINNEAPOLIS--(BUSINESS WIRE)--NOG ANNOUNCES PRICING OF $500 MILLION PRIVATE OFFERING OF SENIOR NOTES.

Is NOG a Buy Now as Low Valuation Meets Commodity and Leverage Risks?

zacks.com · 19 Aug 2026

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.

Northern Oil and Gas: Big Upside, If You Can Stomach The Risks

seekingalpha.com · 19 Aug 2026

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.

NOG Announces Proposed $500 Million Private Offering of Senior Notes

gurufocus.com · 19 Aug 2026

NOG Announces Proposed $500 Million Private Offering of Senior Notes

Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced that it intends to offer, subject to market and other conditions, $500 m

NOG Announces Proposed $500 Million Private Offering of Senior Notes

businesswire.com · 19 Aug 2026

NOG Announces Proposed $500 Million Private Offering of Senior Notes

MINNEAPOLIS--(BUSINESS WIRE)--NOG ANNOUNCES PROPOSED $500 MILLION PRIVATE OFFERING OF SENIOR NOTES.

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