Northern Oil and Gas Inc (NOG) concluded trading on Wednesday at a closing price of $27.61, with 4.75 million shares of worth about $131.19 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -30.59% during that period and on March 05, 2025 the price saw a loss of about -0.04%. Currently the company’s common shares owned by public are about 99.11M shares, out of which, 91.81M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Stock saw a price change of -13.93% in past 5 days and over the past one month there was a price change of -22.98%. Year-to-date (YTD), NOG shares are showing a performance of -25.70% which decreased to -24.25% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $26.82 but also hit the highest price of $44.31 during that period. The average intraday trading volume for Northern Oil and Gas Inc shares is 1.57 million. The stock is currently trading -17.29% below its 20-day simple moving average (SMA20), while that difference is down -23.89% for SMA50 and it goes to -27.66% lower than SMA200.
Northern Oil and Gas Inc (NYSE: NOG) currently have 99.11M outstanding shares and institutions hold larger chunk of about 113.09% of that.
The stock has a current market capitalization of $2.74B and its 3Y-monthly beta is at 1.56. PE ratio of stock for trailing 12 months is 5.37, while it has posted earnings per share of $5.15 in the same period. It has Quick Ratio of 0.92 while making debt-to-equity ratio of 1.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NOG, volatility over the week remained 5.32% while standing at 3.74% over the month.
Analysts are in expectations that Northern Oil and Gas Inc (NOG) stock would likely to be making an EPS of 1.16 in the current quarter, while forecast for next quarter EPS is 1.1 and it is 4.96 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.97 which is 1.42 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 1.28 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -9.46% while it is estimated to increase by 2.33% in next year.
Coverage by Mizuho stated Northern Oil and Gas Inc (NOG) stock as a Neutral in their note to investors on December 16, 2024, suggesting a price target of $47 for the stock. On November 20, 2024, RBC Capital Mkts Downgrade their recommendations, while on October 03, 2024, Jefferies Resumed their ratings for the stock with a price target of $53. Stock get an Outperform rating from Mizuho on September 19, 2024.
