NOGEnergy · Oil & Gas E&PThe 10 Wall Street analysts covering Northern Oil & Gas, Inc. hold a median 12-month price target of $30 — +34.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 47 of 100 as at 4 Nov 2026 — in the lower half.
Consensus tells you what everyone already believes. The model scores Northern Oil & Gas, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (81): Analysts have, on balance, been raising their forecasts.
Growth (9): Sales and profits are flat, shrinking, or growing more slowly than they were.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on NOG, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +34.7% from it.
Of the 20 most recent actions, 4 moved their price target up and 3 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 15 Oct 2026 | Citigroup | Maintains | Buy | $28 → $32 |
| 15 Oct 2026 | Morgan Stanley | Maintains | Underweight | $25 → $26 |
| 15 Oct 2026 | Scotiabank | Initiates | Sector Perform | $27 |
| 14 Oct 2026 | Mizuho | Maintains | Neutral | $29 → $30 |
| 10 Sept 2026 | Raymond James | Maintains | Outperform | — |
| 10 Sept 2026 | Raymond James | Maintains | Outperform | $28 → $31 |
| 20 July 2026 | Citigroup | Maintains | Buy | $36 → $28 |
| 20 July 2026 | Citigroup | Maintains | Buy | — |
| 14 July 2026 | Mizuho | Maintains | Neutral | $31 → $29 |
| 14 July 2026 | Mizuho | Maintains | Neutral | — |
| 29 June 2026 | Morgan Stanley | Maintains | Underweight | $29 → $25 |
| 29 June 2026 | Morgan Stanley | Maintains | Underweight | — |
| 15 June 2026 | Raymond James | Maintains | Outperform | — |
| 22 May 2026 | Morgan Stanley | Maintains | Underweight | — |
| 21 May 2026 | Raymond James | Downgrade | Outperform | — |
| 20 May 2026 | Johnson Rice | Downgrade | Hold | — |
| 14 Apr 2026 | Citigroup | Maintains | Buy | — |
| 31 Mar 2026 | Citigroup | Maintains | Buy | — |
| 24 Mar 2026 | B of A Securities | Maintains | Buy | — |
| 12 Mar 2026 | Piper Sandler | Maintains | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
NOG appears in the Radar on the weeks it earns a place.
AI cloud capacity
MSFTAMZNGOOGLORCL
AI chips
NVDAAVGOAMDMU
AI networking and serversIn full
ANETDELLLITECRDO
Data centre power
VRTCEGGEVVST
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 4 Nov 2026, Northern Oil & Gas, Inc. returned +13.5% against +14.8% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 10% of US stocks
Cheaper than 61% of US stocks
Cheaper than 57% of US stocks
Cheaper than 54% of US stocks
Higher than 64% of US stocks
Higher than 87% of US stocks
Higher than 57% of US stocks
Higher than 98% of US stocks
Higher than 14% of US stocks
Higher than 31% of US stocks
Higher than 74% of US stocks
Higher than 95% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Northern Oil & Gas, Inc. has a market value of $2.4B and an enterprise value of $5.0B.
Revenue in the twelve months to 30 June 2026: $2.2B. The latest quarter grew 16.0% year on year.
Net income over the same four quarters: −$486.0M, a −22.5% net margin.
Diluted earnings per share, trailing twelve months: $−5.18.
Free cash flow in the twelve months to 30 June 2026: −$294.2M, after $2.6B of capital spending.
Northern Oil & Gas, Inc. spent $57.1M on share buybacks and $179.6M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 68.9×; forward P/E: 4.3× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 8.08%, paying out 462% of earnings.
Northern Oil & Gas, Inc. employs 64 people — $33.7M of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Northern Oil & Gas, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
NOG’s board declared a quarterly cash dividend of $0.45 per share, equal to the prior quarterly dividend. It is payable January 29, 2027, to stockholders of record as of December 30, 2026.
Why it matters — NOG watchers may note the dividend amount and the dates for eligibility and payment.
Zacks Investment Research describes its focus on the Zacks Rank system, which uses earnings estimates and estimate revisions, alongside value, growth, and momentum trends. The excerpt does not provide a specific valuation conclusion about Northern Oil and Gas.
Why it matters — NOG watchers may note the article’s screening approach, but the excerpt offers no stock-specific assessment.
Zacks Investment Research reports that Northern Oil and Gas lacks the two key ingredients associated with a likely earnings beat ahead of its upcoming Q3 report. The item previews key expectations for the results.
Why it matters — NOG watchers may note the article’s assessment of the company’s prospects for an earnings beat ahead of its Q3 report.
Zacks Investment Research says Northern Oil and Gas has a history of earnings surprises and currently has two factors it considers supportive of a likely beat in its next quarterly report.
Why it matters — NOG watchers may note the article’s positive assessment of the company’s potential to exceed earnings estimates in its next report.
Zacks Investment Research asks whether Northern Oil and Gas has the qualities of a top stock pick for momentum investors. The excerpt does not provide the analysis or a conclusion.
Why it matters — NOG watchers may note that the item evaluates the company through a momentum-investing lens, though the excerpt offers no findings.
The 10 Wall Street analysts covering Northern Oil & Gas, Inc. have a median 12-month price target of $30, with estimates ranging from $26 to $35. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 10 analysts covering Northern Oil & Gas, Inc., 4 rate it a Buy, 5 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Northern Oil & Gas, Inc. 47 out of 100 across roughly 4,600 US stocks as at 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 4 Nov 2026, Northern Oil & Gas, Inc. ranks 47 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (81 of 100).
No one can know that. What the data says: the median 12-month target from 10 analysts implies +34.7% from the last close, and Ticker Nerd's factor model ranks Northern Oil & Gas, Inc. 47 out of 100 as at 4 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Northern Oil & Gas, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for NOG are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $26 to $35 over the next 12 months.
Northern Oil & Gas, Inc. returned +13.5% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.
Northern Oil and Gas, Inc. is an independent energy company focused on the acquisition and management of non-operated working interests in U.S.
The most recent item we track (Business Wire, 3 Nov 2026): "NOG Declares $0.45 Quarterly Cash Dividend". NOG’s board declared a quarterly cash dividend of $0.45 per share, equal to the prior quarterly dividend. It is payable January 29, 2027, to stockholders of record as of December 30, 2026.
Northern Oil and Gas, Inc. is an independent energy company focused on the acquisition and management of non-operated working interests in U.S. oil and natural gas properties. Northern Oil and Gas, Inc. participates in the development and production of crude oil, natural gas, and natural gas liquids primarily through partnerships with third-party operators, allowing it to hold diversified interests across producing basins without directly running the wells. The company is active in major North American shale regions, including the Williston, Uinta, Permian, Appalachian, and Duvernay basins, where it concentrates on upstream assets and production-linked cash flow. Northern Oil and Gas, Inc. plays a specialized role in the energy market as a large public owner of non-operated upstream assets, combining scale, diversification, and a capital-light operating model to support its core business of oil and gas property investment and production exposure.
CEO Mr. Nicholas L. O'Grady · 64 employees · United States · https://www.noginc.com
