US · Energy · Oil & Gas E&P
EPS came in at 1.13 against a street estimate of 1.02 — a beat of 10.8%.
Analysts rate Northern Oil & Gas Inc a buy (5 buy, 3 hold, 1 sell out of 9) with an average price target of $29.78.
CONFIDENT NOG delivered 9% YoY production growth, 17% sequential EBITDA lift, and 400%+ free cash flow jump. Management defends valuation gap, citing $7B asset base vs $4.6B enterprise value. Capital returns accelerated via buybacks; dividend well-covered. Q2 2026 Duvernay contributing post-acquisition; infrastructure integration underway. Permian logistical headwinds resolving faster than expected. Analysts pressed on valuation disconnect, capital allocation framework, and production upside. Management emphasized long-term asset value creation, non-operator model strengths, and willingness to monetize if public market persists in discounting NAV. 2026-08-07…
Full summary in the app.
| Fund | Stake |
|---|---|
| BlackRock Inc | 14.75% |
| American Century Companies Inc | 7.94% |
| Vanguard Portfolio Management, LLC | 6.18% |
| State Street Corp | 6.14% |
| FMR Inc | 6.00% |
| Amvescap Plc. | 5.17% |
| Vanguard Capital Management, LLC | 4.23% |
| Dimensional Fund Advisors, Inc. | 4.21% |
| Document | Date |
|---|---|
| Material agreement · Q3 2026 NORTHERN OIL AND GAS, INC. - 8-K SUMMARY HEADLINE NUMBERS • Company issued $500,000,000 in aggregate principal amount of 7.500% Senior Notes due 203 | 2026-08-26 |
| Company announcement · Q3 2026 NORTHERN OIL AND GAS, INC. – 8-K SUMMARY HEADLINE NUMBERS • Company priced a private offering of $500 million in aggregate principal amount of senio | 2026-08-19 |
| Company announcement · Q3 2026 NORTHERN OIL AND GAS, INC. – 8-K SUMMARY HEADLINE NUMBERS • Company announced intention to offer $500 million in aggregate principal amount of senio | 2026-08-19 |
| Quarterly report · Q2 2026 NORTHERN OIL AND GAS, INC. – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Six-month net loss: $286.2 million (vs. $238.6 million net income in first half | 2026-08-07 |
| Results announced · Q3 2026 NOG Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 2026 GAAP net income: $236.6 million ($2.19 per diluted share) • Adjusted Net Income: $122.5 mill | 2026-08-06 |
| Quarterly report · Q1 2026 NORTHERN OIL AND GAS, INC. – Q1 2026 FORM 10-Q SUMMARY HEADLINE NUMBERS • Net Loss Q1 2026: $522.8 million (vs. Net Income of $139.0 million in Q1 2 | 2026-04-29 |
| Proxy statement · Q2 2026 NORTHERN OIL AND GAS, INC. — 2026 PROXY STATEMENT SUMMARY --- CEO TOTAL COMPENSATION • Nicholas O'Grady (Chief Executive Officer) compensation figu | 2026-04-10 |
| Annual report FY2025 NORTHERN OIL AND GAS, INC. — FORM 10-K SUMMARY Fiscal Year Ended December 31, 2025 --- HEADLINE NUMBERS • Company is a large accelerated filer on N | 2026-02-26 |
Readable in the app.
| Action | Detail | Date |
|---|---|---|
| Dividend | $0.45 / share ex-date Sep 29, 2026 · pay Oct 30, 2026 | 2026-09-29 |
| Dividend | $0.45 / share ex-date Jun 29, 2026 · pay Jul 31, 2026 | 2026-06-29 |
| Dividend | $0.45 / share ex-date Mar 30, 2026 · pay Apr 30, 2026 | 2026-03-30 |
| Dividend | $0.45 / share ex-date Dec 30, 2025 · pay Jan 30, 2026 | 2025-12-30 |
| Dividend | $0.45 / share ex-date Sep 29, 2025 · pay Oct 31, 2025 | 2025-09-29 |
| Announcement | Date |
|---|---|
| Company acquires assets through purchase agreement with stock consideration Northern Oil and Gas, Inc. completed an asset purchase agreement with Parallax Energy Operating Inc. dated May 22, 2026. As part of this transaction, the company issued stock to Parallax as | 2026-06-01 |
| Company acquires Parallax Energy assets via purchase agreement Northern Oil and Gas, Inc. announced the acquisition of Parallax Energy Operating Inc. on May 26, 2026. The company is issuing stock as payment consideration to the sellers under a Purchase | 2026-05-26 |
| Amended agreements to acquire upstream and midstream assets Northern Oil and Gas reduced its stake in two Antero asset acquisitions announced in December 2025. In the amended deal (February 22, 2026), Northern's ownership decreased from 49% to 40% in | 2026-02-24 |
| Acquisition of Antero Resources assets and midstream operations completed Northern Oil and Gas, Inc. announced the completion of purchase agreements dated December 5, 2025, to acquire assets from Antero Resources Corporation and Antero Midstream LLC. The deal invo | 2025-12-08 |
Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for Northern Oil & Gas Inc — free to start.
Google PlayApp StoreData updated 2026-09-18.