Murphy Oil, SM Energy, Northern Oil and Gas, Crescent Energy, and Patterson-UTI Stocks Trade Down, What You Need To Know
Energy stocks including Murphy Oil, SM Energy, Northern Oil and Gas, Crescent Energy, and Patterson-UTI experienced significant drops following President Donald Trump's announcement of a two-week suspension of attacks on Iran. This news led to a massive collapse in crude oil prices as the "war premium" was removed and the outlook for global oil supply shifted to a potential surplus. Investors are rotating out of defensive "inflation hedges" back into growth-oriented sectors, viewing the ceasefire as a sign that the peak of the energy-driven profit cycle may have passed.
Northern Oil and Gas (NOG) Touts Appalachian and Uinta Basin Properties Growth
Northern Oil and Gas (NOG) is focusing on its acquired stakes in the Appalachian and Uinta Basins, highlighting their potential for significant growth. The company sees these non-operated properties as key drivers for its production and shareholder returns. NOG plans to continue its strategy of acquiring high-quality assets to enhance its portfolio.
Is Northern Oil and Gas’ (NOG) Dividend Amid a Net Loss Reframing Its Risk‑Income Trade‑Off?
Northern Oil and Gas (NOG) recently reported a net loss of US$70.73 million but declared a US$0.45 per share dividend, while continuing its acquisition and hedging program. This decision, coupled with fluctuating oil prices due to U.S.-Iran tensions and varying analyst sentiments, creates a complex risk-income profile for investors. The article explores how these factors influence NOG's investment narrative and future cash flow, highlighting the company's reliance on oil prices and its acquisition-driven growth strategy.
Citi Boosts Northern Oil and Gas (NOG) Price Target, Sees Discipline in E&Ps
Citi analyst Paul Diamond raised the price target for Northern Oil and Gas, Inc. (NOG) to $39 from $34, maintaining a Buy rating. This adjustment reflects higher oil and gas price forecasts and the observed capital discipline among oil-weighted E&P companies. Northern Oil and Gas's management outlined two scenarios for 2026, emphasizing flexibility in response to commodity price visibility and a focus on strategic capital deployment.
Citi boosts Northern Oil and Gas (NOG) price target, sees discipline in E&Ps
Citi has raised its price target for Northern Oil and Gas (NOG) to $56 from $53, maintaining a Buy rating. The analyst believes that E&P companies, including NOG, are demonstrating capital discipline and prioritizing free cash flow generation over production growth. This approach is expected to lead to continued strong financial performance for the sector.
Citi boosts Northern Oil and Gas (NOG) price target, sees discipline in E&Ps
Citi has raised its price target for Northern Oil and Gas (NOG) to $48 from $46, maintaining a Buy rating. The firm notes that E&P companies are showing "relative discipline" in capital expenditures, suggesting a sustained trend in the current oil and gas cycle. This discipline is expected to continue benefiting the sector, including NOG.
Allspring Global Investments Holdings LLC Sells 424,442 Shares of Northern Oil and Gas, Inc. $NOG
Allspring Global Investments Holdings LLC reduced its stake in Northern Oil and Gas, Inc. (NYSE:NOG) by 24.6% in the fourth quarter, selling 424,442 shares but still retaining a significant holding valued at $28.57 million. This move comes as Northern Oil and Gas outperformed Q4 earnings expectations with $0.83 EPS and a revenue increase of 18.5% year-over-year, alongside declaring a $0.45 quarterly dividend. Despite a high payout ratio, the company maintains a consensus "Hold" rating from analysts with an average price target of $31.71.
Allspring Global Investments Reduces Northern Oil and Gas Holdings
Allspring Global Investments Holdings LLC significantly reduced its stake in Northern Oil and Gas, Inc. during the fourth quarter of 2025, selling over 424,000 shares. This transaction, detailed in a recent SEC filing, decreases their total holdings to approximately 1.29 million shares valued at $28.6 million. The move suggests a potential shift in market sentiment or portfolio rebalancing by the institutional investor, impacting the energy sector.
Northern Oil and Gas, Inc. (NYSE:NOG) Given Consensus Recommendation of "Hold" by Analysts
Northern Oil and Gas, Inc. (NYSE:NOG) has received a consensus "Hold" rating from nine analysts, with an average 12-month price target of $31.71. The company recently exceeded earnings and revenue expectations, reporting $0.83 EPS against an estimated $0.71, and revenue of $610.18 million. Despite a high P/E ratio of 83.7 and a significant payout ratio of 545.45%, the firm announced a quarterly dividend of $0.45, yielding 6.5%.
Lasher of Northern Oil & Gas (NOG) receives 1,496-share stock grant
Stuart G. Lasher, a director at Northern Oil & Gas (NOG), has received a grant of 1,496 shares of common stock on March 31, 2026. This transaction increased his direct holdings to 67,689 shares and he also holds indirect stakes of 258,333 shares through QCP Stock Holdings, LP and 40,000 shares through SGL Investments Limited Partnership I. The Form 4 filing indicates this was an acquisition at no stated price, categorized as a grant, award, or other acquisition.
Northern Oil & Gas (NOG) director receives 1,496-share equity grant
Michael A. Frantz, a director at Northern Oil & Gas, Inc. (NOG), received a grant of 1,496 shares of common stock on March 31, 2026. This equity award, granted at no cash cost under the company's 2018 Equity Incentive Plan, is part of his director compensation. Following this transaction, Frantz directly holds a total of 64,731 shares of NOG common stock.
Northern Oil & Gas (NOG) director receives 1,496-share equity grant under 2018 plan
William F. Kimble, a director at Northern Oil & Gas (NOG), received an equity grant of 1,496 shares of common stock on March 31, 2026, as part of the company's 2018 Equity Incentive Plan. These shares were awarded at $0.00 each, bringing his direct holdings to 19,259 shares. This transaction is categorized as a routine compensation-related award, not an open-market purchase or sale.
Northern Oil & Gas (NOG) director receives 1,496-share equity grant, holds 86,666 shares
Northern Oil & Gas (NOG) director Roy Ernest Easley received a grant of 1,496 shares of common stock on March 31, 2026, as equity compensation under the company's 2018 Equity Incentive Plan. These shares were awarded at $0.00 per share. Following this transaction, Easley directly holds a total of 86,666 shares of NOG common stock.
Director at Northern Oil & Gas (NOG) awarded 1,496-share stock grant
Northern Oil & Gas (NOG) director Lisa Meier was granted 1,496 shares of Common Stock as compensation under the company's 2018 Incentive Plan. This transaction, awarded at no cash cost, increased her direct holdings to 59,430 shares. The Form 4 filing indicates a neutral impact and sentiment, detailing the equity award as non-cash compensation rather than a market purchase.
NOG Stock Rating Update: Citigroup Raises Price Target to $39
Citigroup has maintained a "Buy" rating for Northern Oil & Gas (NOG) and raised its price target from $34.00 to $39.00, signaling a positive outlook for the company. This follows similar price target adjustments from other analysts like B of A Securities and Piper Sandler. Northern Oil & Gas is an independent energy company focused on crude oil and natural gas production in various U.S. basins.
NOG PE Ratio & Valuation, Is NOG Overvalued
Northern Oil and Gas Inc. (NOG) is currently deemed undervalued, with its forward PE ratio of 7.15 being lower than its five-year average of 5.53. The fair price for NOG is estimated to be between $34.96 and $46.04, contrasting with its current price of $29.91, indicating it is undervalued by 14.44%. Despite this, its P/S ratio of 1.01 is noted to be 44.07% above the industry average, with a -17.91% revenue growth making this premium appear unsustainable.
NOG Stock Rating Update: Citigroup Raises Price Target to $39
Citigroup has re-affirmed its "Buy" rating for Northern Oil & Gas (NOG) and has increased its price target by 14.71% to $39.00. This adjustment follows several other analyst updates, reflecting a generally optimistic outlook for the company. The average target price from 10 analysts is $34.10, indicating a potential upside of 16.63% from the current price.
Northern Oil and Gas (NYSE:NOG) Stock Price Expected to Rise, Citigroup Analyst Says
Citigroup has raised its target price for Northern Oil and Gas (NYSE:NOG) to $39 from $34, maintaining a "buy" rating and indicating a potential 33.6% upside. This follows the company's strong quarterly earnings, which surpassed analyst expectations with an EPS of $0.83 and revenue of $610.18 million. Despite mixed analyst sentiment and a consensus "Hold" rating, several institutional investors have recently increased their holdings in NOG.
Citi Maintains Northern Oil & Gas(NOG.US) With Buy Rating, Raises Target Price to $39
Citi has reiterated its Buy rating for Northern Oil & Gas (NOG.US) and increased its target price for the stock to $39. This adjustment reflects the firm's positive outlook on the company's financial prospects and market position.
Northern Oil and Gas (NOG) up 15.9% since last earnings report: Can it continue?
Northern Oil and Gas (NOG) has seen a 15.9% increase in its stock price since its last quarterly earnings report. The article questions whether this positive momentum can be sustained. Investors will be watching key factors and upcoming reports to assess the company's future performance.
Morgan Stanley Downgrades Northern Oil & Gas(NOG.US) to Sell Rating, Raises Target Price to $28
Morgan Stanley has downgraded Northern Oil & Gas (NOG.US) to an "Underweight" (Sell) rating. Despite the downgrade, the firm increased its price target for NOG.US shares to $28, up from the previous target of $27. The article provides a snapshot of the stock's previous closing price and price target.
Vanguard realigns holdings, reports 0% in Northern Oil & Gas (NYSE: NOG)
Vanguard has filed an amended Schedule 13G/A, reporting 0% beneficial ownership of Northern Oil & Gas (NYSE: NOG) Common Stock. This change is attributed to an internal realignment effective January 12, 2026, where certain Vanguard subsidiaries will now report their holdings separately, as per SEC Release No. 34-39538. The filing clarifies that this does not indicate a sale of shares but rather a change in reporting structure.
Northern Oil & Gas To Go Ex-Dividend On March 30th, 2026 With 0.45 USD Dividend Per Share
Northern Oil & Gas (NYSE:NOG) will go ex-dividend on March 30th, 2026, with a dividend payment of $0.45 per share. Shareholders who hold the stock before this date will be eligible for the dividend. This announcement is significant for current and prospective investors tracking the company's dividend policy.
BofA raises Northern Oil and Gas price target to $32 on leverage outlook
BofA Securities has increased its price target for Northern Oil and Gas (NYSE:NOG) to $32 from $27, maintaining a Buy rating, citing an improved leverage outlook. The firm projects the company's leverage to fall to 1.5x by the end of 2026 due to an equity issuance and higher oil prices. This positive outlook is further supported by the stock appearing undervalued relative to its Fair Value according to InvestingPro analysis, despite recent stock offerings and market volatility.
Northern Oil and Gas (NOG) Price Target Upped by $3 at Mizuho
Mizuho increased its price target for Northern Oil and Gas (NYSE:NOG) by $3 to $31, while maintaining a 'Neutral' rating, indicating a 13% upside. This adjustment follows Mizuho's 14% increase in its 2026 oil price outlook to $73.25 per barrel due to the US-Iran war, although they lowered their 2026 natural gas price outlook by 6%. Northern Oil and Gas's stock has already risen over 24% since the start of 2026.
Precision Trading with Northern Oil And Gas Inc. (NOG) Risk Zones
This article provides a detailed analysis of Northern Oil And Gas Inc. (NOG), highlighting strong near-term sentiment with neutral mid and long-term outlooks. It outlines three AI-generated trading strategies—Position, Momentum Breakout, and Risk Hedging—tailored for different risk profiles, along with multi-timeframe signal analysis for support and resistance levels. The analysis indicates a breakout is underway for NOG, but also notes elevated downside risk due to a lack of additional long-term support signals.
Northern Oil and Gas (NOG) Price Target Upped by $3 at Mizuho
Mizuho has increased its price target for Northern Oil and Gas, Inc. (NYSE:NOG) by $3 to $31, while maintaining a 'Neutral' rating. This adjustment comes after Mizuho raised its 2026 oil price outlook by 14% to $73.25 per barrel due to potential supply disruptions from the US-Iran conflict. Despite optimism for the oil and gas industry, the firm reduced its 2026 natural gas price outlook by 6%.
5 Oil Stocks with Highest Dividends
This article lists the top 5 oil stocks with the highest dividends, starting with Northern Oil and Gas, Inc. (NYSE:NOG). It provides details on Northern Oil and Gas's operations, dividend yield, and analyst ratings, noting that Mizuho recently increased its price target due to a raised oil price outlook. The article also mentions the company's significant share price surge in 2026.
[Form 4] NORTHERN OIL & GAS, INC. Insider Trading Activity
Northern Oil & Gas, Inc. reported insider trading activity involving CFO Chad W. Allen. He received a grant of 13,850 shares of common stock as restricted stock, but then surrendered 6,069 shares to cover taxes upon vesting. Following these transactions, Allen directly holds 83,910 shares of the company's common stock.
[Form 4] NORTHERN OIL & GAS, INC. Insider Trading Activity
Northern Oil & Gas, Inc.'s President, Adam A. Dirlam, engaged in routine stock compensation activities. He received restricted stock awards (25,292 direct, 10,949 indirect) and subsequently surrendered 12,092 shares to cover tax obligations at a reference price of $27.51 per share. Following these transactions, Dirlam now holds 113,335 direct shares and 27,715 indirect shares through his spouse.
NOG,TRX Volatility & Greeks
This article provides detailed financial data and recent news for Northern Oil and Gas Inc (NOG) and TRX Gold Corp (TRX). For NOG, it lists stock performance, insider transactions, and analyst rating changes. For TRX, it includes similar financial metrics, news releases, and a history of analyst ratings.
Northern Oil And Gas Completes Public Equity Offering
Northern Oil and Gas (NOG) has completed a public equity offering of 7,207,208 shares, including an underwriter's option for additional shares, with net proceeds designated for general corporate purposes and repaying part of its revolving credit facility. Analysts have a "Hold" rating on NOG with a $32.00 price target, while TipRanks' AI Analyst "Spark" rates it as Outperform due to improved financial footing and strong operating cash generation, despite some concerns about profit compression and volatile free cash flow. The company is an independent energy firm focusing on exploration and production in unconventional resource plays.
How Northern Oil and Gas’ US$200 Million Equity Raise (NOG) Has Changed Its Investment Story
Northern Oil and Gas (NOG) recently completed a US$200 million equity offering, issuing over 7.2 million shares. This capital raise, while causing some dilution, provides financial flexibility for the company's acquisition-driven growth strategy in mature U.S. shale basins. The offering supports NOG's 2026 production guidance and its capital-intensive model, amidst past challenges like impairments and cost pressures.
Northern Oil and Gas completes public offering of 7.2 million shares
Northern Oil and Gas, Inc. (NOG) has completed a public offering of 7,207,208 shares of its common stock, with net proceeds intended for general corporate purposes, including debt repayment. The company has seen a 28% year-to-date increase in shares. This follows recent Q4 2025 financial results where EPS fell short of expectations, but revenue exceeded forecasts.
Northern Oil & Gas completes $? equity offering of 7.2M shares with 30-day option
Northern Oil & Gas (NOG) announced the closing of a public equity offering of 7,207,208 common shares on March 13, 2026. The company also granted underwriters a 30-day option to purchase an additional 1,081,081 shares to cover over-allotments. Net proceeds from the offering are intended for general corporate purposes, including the repayment of revolving credit borrowings.
Northern Oil and Gas (NYSE: NOG) closes 7,207,208-share equity offering
Northern Oil and Gas, Inc. (NYSE: NOG) has completed an equity offering of 7,207,208 shares of common stock, with BofA Securities, Inc. acting as the underwriter. The company also granted the underwriter an option to purchase up to 1,081,081 additional shares. The net proceeds from this offering will be used for general corporate purposes, including the repayment of a portion of its outstanding revolving credit facility.
Kennedy Capital Management LLC Has $18.74 Million Stock Holdings in Northern Oil and Gas, Inc. $NOG
Kennedy Capital Management LLC reduced its stake in Northern Oil and Gas, Inc. by 9.3% in the third quarter, holding 755,461 shares valued at $18.74 million. Despite this, institutional ownership remains high at nearly 98.8%, with other major funds either maintaining or increasing their positions. The company recently announced a dilutive public offering of over 7 million shares, which has prompted a negative market reaction, despite strong quarterly earnings that surpassed estimates and a declared quarterly dividend of $0.45.
Watkins Advises on Northern Oil and Gas’s Public Offering of Common Stock
Latham & Watkins LLP advised the underwriter for Northern Oil and Gas, Inc.'s recent public offering of 7,207,208 shares of common stock. The oil and gas company also granted the underwriter a 30-day option to purchase an additional 1,081,081 shares. The offering is expected to close on March 13, 2026, pending customary closing conditions.
Dimensional Fund Advisors LP Acquires 235,869 Shares of Northern Oil and Gas, Inc. $NOG
Dimensional Fund Advisors LP has increased its stake in Northern Oil and Gas, Inc. (NYSE:NOG) by 5.0%, adding 235,869 shares to
Northern Oil And Gas Stock Slips After The Close: Here's Why
Northern Oil And Gas Inc (NOG) shares dropped in after-hours trading following the announcement of a proposed public offering of $200 million in common stock. The company plans to use the net proceeds for general corporate purposes, including repaying outstanding borrowings under its revolving credit facility. As of December 31, 2025, Northern Oil and Gas had $14.3 million in cash and cash equivalents and $2.40 billion in total long-term debt.
NOG Announces Proposed Public Offering of Common Stock
Northern Oil and Gas, Inc. (NOG) announced a proposed underwritten public offering of $200,000,000 of its common stock, with an option for the underwriter to purchase an additional $30,000,000. The company intends to use the net proceeds for general corporate purposes, including repaying a portion of its revolving credit facility. BofA Securities is acting as the sole book-running manager for the offering.
NOG Announces Pricing of Public Offering of Common Stock
Northern Oil and Gas, Inc. (NOG) announced the pricing of an underwritten public offering of 7,207,208 shares of its common stock, with an option for the underwriter to purchase an additional 1,081,081 shares. The company plans to use the net proceeds for general corporate purposes, including repaying a portion of its revolving credit facility borrowings. The offering is expected to close on March 13, 2026, and BofA Securities is acting as the sole book-running manager.
Northern Oil & Gas plans $200M stock sale to repay some credit-line debt
Northern Oil and Gas, Inc. (NOG) has announced a public offering of $200 million in common stock, with an option for the underwriter to purchase an additional $30 million. The company plans to use the net proceeds from this offering for general corporate purposes, including partially repaying its outstanding revolving credit facility debt. BofA Securities is acting as the sole book-running manager for the offering.
Neo Ivy Capital Management Invests $895,000 in Northern Oil and Gas, Inc. $NOG
Neo Ivy Capital Management has invested $895,000 in Northern Oil and Gas (NYSE:NOG), acquiring 36,094 shares in the third quarter. The company reported strong Q3 earnings, beating EPS estimates, and has a high institutional ownership of 98.8%. Despite a consensus "Hold" rating from analysts, concerns about the sustainability of its dividend payout ratio exist.
Northern Oil and Gas, Inc. (NYSE:NOG) Given Average Rating of "Hold" by Brokerages
Nine analysts have given Northern Oil and Gas, Inc. (NYSE:NOG) an average rating of "Hold" with an average 1-year price target of $29.57. The company recently exceeded quarterly earnings estimates, reporting $0.83 EPS against $0.71 expected and revenue of $610.18 million, an 18.5% year-over-year increase. Northern Oil and Gas also declared a quarterly dividend of $0.45 per share, resulting in an annualized dividend of $1.80 and a 6.2% yield.
What Northern Oil and Gas (NOG)'s Big Impairment, Dividend Hold And 2026 Plans Mean For Shareholders
Northern Oil and Gas (NOG) recently reported its Q4 and full-year 2025 results, revealing a net loss due to a significant US$268,497,000 impairment of oil and gas assets, despite higher revenue and production. The company maintained its US$0.45 quarterly dividend, expanded its credit facility to US$1.80 billion, and provided detailed 2026 production guidance. These developments suggest a future of volatile earnings alongside production growth and continued capital returns, with the credit facility expansion indicating potential for aggressive drilling and acquisitions.
The Analyst Verdict: Northern Oil & Gas In The Eyes Of 4 Experts
Four analysts have evaluated Northern Oil & Gas (NOG), resulting in price targets ranging from $24.00 to $30.00, with an average of $27.75. The average price target has seen a slight decrease of 0.89%. The company faces financial challenges including declining revenue, negative net margin, and high debt-to-equity ratio, indicating potential operational and profitability hurdles.
Northern Oil and Gas (NYSE:NOG) Price Target Raised to $27.00
Piper Sandler has increased its price target for Northern Oil and Gas (NYSE:NOG) to $27.00 from $25.00, while maintaining a "neutral" rating. This adjustment follows the company's strong quarterly earnings, where it surpassed expectations with $0.83 EPS against a $0.71 consensus and revenue of $610.2 million, an 18.5% year-over-year increase. Despite the raised target, the market consensus for Northern Oil and Gas remains a "Hold" with an average target price of $29.57.
A Look At Northern Oil And Gas (NOG) Valuation After Q4 Loss And Large Impairment Charge
Northern Oil and Gas (NOG) recently reported its Q4 and full-year 2025 results, which included a significant US$268.5 million impairment charge but also new 2026 production guidance and maintained dividends. Despite a 28.9% year-to-date share price increase, Simply Wall St's analysis suggests NOG is 7.6% undervalued with a fair value of $30.70, based on increased revenue growth forecasts. However, the company's high P/E ratio of 70.9x compared to an industry average of 14.7x indicates potential valuation risk.
55,000 Shares in Northern Oil and Gas, Inc. $NOG Acquired by Commons Capital LLC
Commons Capital LLC recently acquired 55,000 shares of Northern Oil and Gas (NOG), valued at approximately $1.364 million, making it their 29th largest position. Northern Oil and Gas reported strong Q3 earnings, beating analyst estimates with $0.83 EPS and $610.2M in revenue, and analysts project $5.18 EPS for the current fiscal year. The company announced a quarterly dividend of $0.45, translating to a 6.5% yield, though its dividend payout ratio is high at 545.45%.
