Northern Oil and Gas, Inc. (NOG)Energy | Oil & Gas E&P | Minnetonka, United States | NYSE
24.55 USD
-1.25
(-4.845%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 25.00 +0.45 (1.833%) ⇧ (April 17, 2026, 7:55 p.m. EDT) Short-term: ★★☆☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆ |
Hot Take | April 19, 2026, 12:19 a.m. EDT
NOG presents a polarized view: a high-yield defensive play with a precarious fundamental underpinning. The 7.33% dividend is attractive but funds a highly leveraged company (Debt-to-Equity > 112%) with recent revenue contraction (-17.1%). While the forward P/E is low, it likely reflects depressed earnings expectations. The short-term chart shows uncoupling from the 200-day SMA, losing 10.8% in the last month, supported by profit-taking. For income investors, the yield is compelling but risks capital preservation if oil prices soften further. Not a momentum play; strictly a value trap check or income play with high failure risk. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.127001 |
| AutoETS | 0.127004 |
| MSTL | 0.128894 |
| AutoTheta | 0.139858 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 4.61 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.451 |
| Excess Kurtosis | -0.63 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Ex Dividend Date | 2026-03-29 |
| Last Dividend Date | 2026-03-29 |
| Debt to Equity Ratio | 112.653 |
| Revenue per Share | 20.097 |
| Market Cap | 2,596,834,048 |
| Trailing P/E | 62.95 |
| Forward P/E | 6.06 |
| Beta | 0.96 |
| Profit Margins | 1.97% |
| Website | https://www.noginc.com |
As of April 19, 2026, 12:19 a.m. EDT: Options flow shows heavy Implied Volatility (IV) spikes on deep Out-of-the-Money (OTM) protect calls and puts, indicating speculative bets on unfavorable supply-demand dynamics in oil prices. There is limited money flow into OTM calls relative to the IV, while significant volume appears in bulks (blk) or new flow on specific OTM strikes, suggesting a dispersion of speculative views. The lack of consistent OTM call volume below AI estimates, combined with high IV on far-dated strikes, signals that market participants are hedging against downside risk (high IV on Puts/Protection) while retaining some bullish distribution. Overall, sentiment leans defensive with speculative outliers pricing in binary moves.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.50% | 7.07% | 5.69% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-30 | 0.450 | 1.504514 |
| 2025-12-30 | 0.450 | 2.111270 |
| 2025-09-29 | 0.450 | 1.814195 |
| 2025-06-27 | 0.450 | 1.635469 |
| 2025-03-28 | 0.450 | 1.596439 |
| 2024-12-30 | 0.420 | 1.246294 |
| 2024-09-27 | 0.420 | 1.311544 |
| 2024-06-27 | 0.400 | 1.179980 |
| 2024-03-27 | 0.400 | 1.151736 |
| 2023-12-27 | 0.400 | 1.179739 |
| 2023-09-27 | 0.380 | 1.064657 |
| 2023-06-28 | 0.370 | 1.278679 |
| 2023-03-29 | 0.340 | 1.332696 |
| 2022-12-28 | 0.300 | 1.182463 |
| 2022-09-28 | 0.250 | 1.082181 |
| 2022-06-28 | 0.190 | 0.804459 |
| 2022-03-29 | 0.140 | 0.614318 |
| 2021-12-29 | 0.080 | 0.472903 |
| 2021-09-29 | 0.045 | 0.258053 |
| 2021-06-29 | 0.030 | 0.186627 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.06323087 |
| Address1 | 4,350 Baker Road |
| Address2 | Suite 400 |
| All Time High | 339.8 |
| All Time Low | 3.35 |
| Ask | 25.0 |
| Ask Size | 300 |
| Audit Risk | 4 |
| Average Analyst Rating | 2.2 - Buy |
| Average Daily Volume10 Day | 2,218,760 |
| Average Daily Volume3 Month | 2,560,862 |
| Average Volume | 2,560,862 |
| Average Volume10Days | 2,218,760 |
| Beta | 0.958 |
| Bid | 24.5 |
| Bid Size | 600 |
| Board Risk | 1 |
| Book Value | 21.966 |
| City | Minnetonka |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 24.55 |
| Current Ratio | 1.087 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 24.77 |
| Day Low | 23.6001 |
| Debt To Equity | 112.653 |
| Display Name | Northern Oil and Gas |
| Dividend Date | 1,777,507,200 |
| Dividend Rate | 1.8 |
| Dividend Yield | 7.33 |
| Earnings Call Timestamp End | 1,777,467,600 |
| Earnings Call Timestamp Start | 1,777,467,600 |
| Earnings Timestamp | 1,777,406,400 |
| Earnings Timestamp End | 1,777,406,400 |
| Earnings Timestamp Start | 1,777,406,400 |
| Ebitda | 1,796,542,976 |
| Ebitda Margins | 0.91486 |
| Enterprise To Ebitda | 2.649 |
| Enterprise To Revenue | 2.423 |
| Enterprise Value | 4,758,310,400 |
| Eps Current Year | 3.52295 |
| Eps Forward | 4.05111 |
| Eps Trailing Twelve Months | 0.39 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,774,828,800 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 27.5364 |
| Fifty Day Average Change | -2.9864006 |
| Fifty Day Average Change Percent | -0.108452834 |
| Fifty Two Week Change Percent | 6.323087 |
| Fifty Two Week High | 32.62 |
| Fifty Two Week High Change | -8.07 |
| Fifty Two Week High Change Percent | -0.24739423 |
| Fifty Two Week Low | 20.18 |
| Fifty Two Week Low Change | 4.369999 |
| Fifty Two Week Low Change Percent | 0.21655099 |
| Fifty Two Week Range | 20.18 - 32.62 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,176,471,000,000 |
| Float Shares | 94,008,015 |
| Forward Eps | 4.05111 |
| Forward P E | 6.0600677 |
| Free Cashflow | 5,992,250 |
| Full Exchange Name | NYSE |
| Full Time Employees | 64 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.75878996 |
| Gross Profits | 1,490,059,008 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.030079998 |
| Held Percent Institutions | 1.0508599 |
| Implied Shares Outstanding | 105,777,359 |
| Industry | Oil & Gas E&P |
| Industry Disp | Oil & Gas E&P |
| Industry Key | oil-gas-e-p |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,774,828,800 |
| Last Dividend Value | 0.45 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,600,646,400 |
| Last Split Factor | 1:10 |
| Long Business Summary | Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. Northern Oil and Gas, Inc. was founded in 2006 and is headquartered in Minnetonka, Minnesota. |
| Long Name | Northern Oil and Gas, Inc. |
| Market | us_market |
| Market Cap | 2,596,834,048 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_30822601 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | 38,761,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 2,596,834,163 |
| Number Of Analyst Opinions | 10 |
| Open | 24.37 |
| Operating Cashflow | 1,505,287,936 |
| Operating Margins | 0.56074 |
| Overall Risk | 2 |
| Payout Ratio | 4.6154003 |
| Peg Ratio | 0.65 |
| Phone | 952 476 9800 |
| Post Market Change | 0.45000076 |
| Post Market Change Percent | 1.8329971 |
| Post Market Price | 25.0 |
| Post Market Time | 1,776,470,148 |
| Previous Close | 25.8 |
| Price Eps Current Year | 6.9685917 |
| Price Hint | 2 |
| Price To Book | 1.1176363 |
| Price To Sales Trailing12 Months | 1.322402 |
| Profit Margins | 0.01974 |
| Quick Ratio | 0.709 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.18182 |
| Region | US |
| Regular Market Change | -1.25 |
| Regular Market Change Percent | -4.84496 |
| Regular Market Day High | 24.77 |
| Regular Market Day Low | 23.6001 |
| Regular Market Day Range | 23.6001 - 24.77 |
| Regular Market Open | 24.37 |
| Regular Market Previous Close | 25.8 |
| Regular Market Price | 24.55 |
| Regular Market Time | 1,776,456,002 |
| Regular Market Volume | 2,451,101 |
| Return On Assets | 0.11231 |
| Return On Equity | 0.01743 |
| Revenue Growth | -0.171 |
| Revenue Per Share | 20.097 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 105,777,359 |
| Shares Percent Shares Out | 0.1671 |
| Shares Short | 17,460,884 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 17,826,806 |
| Short Name | Northern Oil and Gas, Inc. |
| Short Percent Of Float | 0.2678 |
| Short Ratio | 5.1 |
| Source Interval | 15 |
| State | MN |
| Symbol | NOG |
| Target High Price | 45.0 |
| Target Low Price | 28.0 |
| Target Mean Price | 35.4 |
| Target Median Price | 35.5 |
| Total Cash | 14,299,000 |
| Total Cash Per Share | 0.148 |
| Total Debt | 2,395,393,024 |
| Total Revenue | 1,963,725,056 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 1.8 |
| Trailing Annual Dividend Yield | 0.069767445 |
| Trailing Eps | 0.39 |
| Trailing P E | 62.94872 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 25.0425 |
| Two Hundred Day Average Change | -0.4925003 |
| Two Hundred Day Average Change Percent | -0.019666579 |
| Type Disp | Equity |
| Volume | 2,451,101 |
| Website | https://www.noginc.com |
| Zip | 55,343 |