Northern Oil and Gas, Inc.

NYSE:NOG Stock Report

Market Cap: US$2.6b

Northern Oil and Gas Future Growth

Future criteria checks 0/6

Northern Oil and Gas's earnings are forecast to decline at 19.4% per annum while its annual revenue is expected to grow at 4.7% per year. EPS is expected to decline by 19.3% per annum. Return on equity is forecast to be 15.7% in 3 years.

Key information

-19.4%

Earnings growth rate

-19.30%

EPS growth rate

Oil and Gas earnings growth12.0%
Revenue growth rate4.7%
Future return on equity15.68%
Analyst coverage

Good

Last updated05 May 2025

Recent future growth updates

Recent updates

Northern Oil and Gas: Strong Q1 2025 Performance, But Share Repurchase Ability May Be Constrained

May 02

Northern Oil And Gas Merits An Accumulate Rating

Apr 14

Northern Oil and Gas: Projected To Generate Over $300 Million In 2025 Free Cash Flow

Mar 07

Earnings Working Against Northern Oil and Gas, Inc.'s (NYSE:NOG) Share Price Following 27% Dive

Mar 07
Earnings Working Against Northern Oil and Gas, Inc.'s (NYSE:NOG) Share Price Following 27% Dive

Here's Why Northern Oil and Gas (NYSE:NOG) Has A Meaningful Debt Burden

Feb 19
Here's Why Northern Oil and Gas (NYSE:NOG) Has A Meaningful Debt Burden

Here's Why We Think Northern Oil and Gas (NYSE:NOG) Might Deserve Your Attention Today

Jan 07
Here's Why We Think Northern Oil and Gas (NYSE:NOG) Might Deserve Your Attention Today

Northern Oil And Gas Returns To Appalachian Investment In 2025

Dec 23

There's No Escaping Northern Oil and Gas, Inc.'s (NYSE:NOG) Muted Earnings

Dec 17
There's No Escaping Northern Oil and Gas, Inc.'s (NYSE:NOG) Muted Earnings

We Think Northern Oil and Gas (NYSE:NOG) Is Taking Some Risk With Its Debt

Nov 06
We Think Northern Oil and Gas (NYSE:NOG) Is Taking Some Risk With Its Debt

Northern Oil And Gas: Acquisitions Boost Oil Production By More Than 15%

Oct 04

Northern Oil and Gas' (NYSE:NOG) Dividend Will Be Increased To $0.42

Sep 20
Northern Oil and Gas' (NYSE:NOG) Dividend Will Be Increased To $0.42

Northern Oil and Gas: Stronger Positioning, But Commodity Prices Could Drag

Sep 12
author-image

Dividend Hike And Calculated Acquisitions Set To Boost Shareholder Value

Sep 03 The firm's enhanced dividend and repurchase plans signify commitment to shareholder returns, boosting investor confidence and potentially the share price.

Northern Oil and Gas' (NYSE:NOG) Upcoming Dividend Will Be Larger Than Last Year's

Aug 27
Northern Oil and Gas' (NYSE:NOG) Upcoming Dividend Will Be Larger Than Last Year's

Northern Oil and Gas' (NYSE:NOG) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 10
Northern Oil and Gas' (NYSE:NOG) Shareholders Will Receive A Bigger Dividend Than Last Year

Is Northern Oil and Gas (NYSE:NOG) A Risky Investment?

Jul 16
Is Northern Oil and Gas (NYSE:NOG) A Risky Investment?

Is Northern Oil and Gas, Inc. (NYSE:NOG) Trading At A 47% Discount?

Jun 16
Is Northern Oil and Gas, Inc. (NYSE:NOG) Trading At A 47% Discount?

Northern Oil and Gas Now Appears To Be Near Fair Valuation (Rating Downgrade)

May 22

Earnings Troubles May Signal Larger Issues for Northern Oil and Gas (NYSE:NOG) Shareholders

May 07
Earnings Troubles May Signal Larger Issues for Northern Oil and Gas (NYSE:NOG) Shareholders

Why Investors Shouldn't Be Surprised By Northern Oil and Gas, Inc.'s (NYSE:NOG) Low P/E

Mar 30
Why Investors Shouldn't Be Surprised By Northern Oil and Gas, Inc.'s (NYSE:NOG) Low P/E

These 4 Measures Indicate That Northern Oil and Gas (NYSE:NOG) Is Using Debt Reasonably Well

Mar 11
These 4 Measures Indicate That Northern Oil and Gas (NYSE:NOG) Is Using Debt Reasonably Well

Northern Oil And Gas: Expecting Close To $500 Million In 2024 Free Cash Flow

Feb 24

Northern Oil And Gas: Bigger Yield, EPS Growth In '24, Monitoring The Chart

Jan 19

Northern Oil and Gas (NYSE:NOG) Has Announced That It Will Be Increasing Its Dividend To $0.40

Dec 13
Northern Oil and Gas (NYSE:NOG) Has Announced That It Will Be Increasing Its Dividend To $0.40

Northern Oil and Gas (NYSE:NOG) Is Increasing Its Dividend To $0.40

Nov 23
Northern Oil and Gas (NYSE:NOG) Is Increasing Its Dividend To $0.40

Northern Oil And Gas: Net Debt Should Be Reduced To $1.6 Billion By End Of 2023 (Rating Upgrade)

Nov 04

Northern Oil and Gas (NYSE:NOG) Will Pay A Larger Dividend Than Last Year At $0.40

Nov 03
Northern Oil and Gas (NYSE:NOG) Will Pay A Larger Dividend Than Last Year At $0.40

Earnings and Revenue Growth Forecasts

NYSE:NOG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20272,3914932931,4833
12/31/20262,2843912871,3906
12/31/20252,2854543301,4635
3/31/20252,067648-1211,424N/A
12/31/20242,007520-2831,409N/A
9/30/20242,0008371131,461N/A
6/30/20241,971565-2771,339N/A
3/31/20241,837594-4851,306N/A
12/31/20231,747923-6621,183N/A
9/30/20231,655667-8861,128N/A
6/30/20231,6751,222-5241,141N/A
3/31/20231,7991,292-3601,044N/A
12/31/20221,828728-431928N/A
9/30/20221,727766-285774N/A
6/30/20221,475194-327592N/A
3/31/20221,176-139-488488N/A
12/31/2021898-8-197396N/A
9/30/2021681-326-63336N/A
6/30/2021508-5710298N/A
3/31/2021320-1,38079294N/A
12/31/2020294-92148332N/A
9/30/2020349-884-71329N/A
6/30/2020425-553-255344N/A
3/31/2020542394-254341N/A
12/31/2019543-77-229340N/A
9/30/2019537250-215387N/A
6/30/2019527175-96379N/A
3/31/201949034-197298N/A
12/31/2018449144N/A244N/A
9/30/2018376-98N/A134N/A
6/30/2018293-134N/A107N/A
3/31/2018238-23N/A89N/A
12/31/2017203-9N/A73N/A
9/30/20171802N/A70N/A
6/30/2017169-27N/A73N/A
3/31/2017163-150N/A76N/A
12/31/2016144-293N/A102N/A
9/30/2016137-453N/A170N/A
6/30/2016144-731N/A194N/A
3/31/2016162-872N/A235N/A
12/31/2015181-975N/A247N/A
9/30/2015231-699N/A240N/A
6/30/2015293-318N/A257N/A
3/31/2015346-73N/A268N/A
12/31/2014388164N/A274N/A
9/30/201439378N/A263N/A
6/30/201438321N/A241N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NOG's earnings are forecast to decline over the next 3 years (-19.4% per year).

Earnings vs Market: NOG's earnings are forecast to decline over the next 3 years (-19.4% per year).

High Growth Earnings: NOG's earnings are forecast to decline over the next 3 years.

Revenue vs Market: NOG's revenue (4.7% per year) is forecast to grow slower than the US market (8.4% per year).

High Growth Revenue: NOG's revenue (4.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NOG's Return on Equity is forecast to be low in 3 years time (15.7%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/12 23:17
End of Day Share Price 2025/05/12 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Northern Oil and Gas, Inc. is covered by 34 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Phillip JungwirthBMO Capital Markets Equity Research
Daniel McSpiritBMO Capital Markets Equity Research
Noah HungnessBofA Global Research