Northern Oil and Gas (NOG) Projected to Post Earnings on Thursday

Northern Oil and Gas (NYSE:NOG) is anticipated to post its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect the company to announce earnings of $1.09 per share and revenue of $617.68 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Friday, November 6, 2026 at 9:00 AM ET.

Northern Oil and Gas (NYSE:NOG) last announced its earnings results on Thursday, August 6th. The company reported $1.13 earnings per share for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.05). The company had revenue of $745.24 million during the quarter, compared to analyst estimates of $594.09 million. Northern Oil and Gas had a positive return on equity of 18.69% and a negative net margin of 25.35%. Northern Oil and Gas’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.37 earnings per share. On average, analysts expect Northern Oil and Gas to post $3.84 EPS for the current fiscal year and $4.87 EPS for the next fiscal year.

Northern Oil and Gas Price Performance

NOG stock opened at $25.76 on Tuesday. The stock has a 50-day moving average price of $25.72 and a two-hundred day moving average price of $24.53. Northern Oil and Gas has a 1 year low of $17.18 and a 1 year high of $31.17. The stock has a market cap of $2.74 billion, a PE ratio of -4.97 and a beta of 0.90. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.37.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NOG. Morgan Stanley reaffirmed an “underweight” rating and set a $26.00 price objective (up from $25.00) on shares of Northern Oil and Gas in a research report on Thursday, October 15th. Weiss Ratings upgraded Northern Oil and Gas from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday. Raymond James Financial reaffirmed an “outperform” rating and set a $34.00 price target on shares of Northern Oil and Gas in a research report on Wednesday, October 28th. Mizuho raised their price target on shares of Northern Oil and Gas from $29.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 14th. Finally, Wall Street Zen raised shares of Northern Oil and Gas from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $31.56.

Northern Oil and Gas Company Profile

Northern Oil and Gas, Inc is an independent energy company engaged in the acquisition, development and production of crude oil, natural gas and natural gas liquids in the United States. The company primarily holds non-operated working interests, allowing it to participate in wells drilled and managed by other exploration and production companies while maintaining exposure to a broad portfolio of oil and gas assets.

Northern Oil and Gas has historically focused on properties in the Williston Basin of North Dakota and Montana and has expanded its operations into other major U.S.