NOG
NORTHERN OIL & GAS, INC.
$20.79
+1.81%
$2.2B
No data for this timeframe.
Vol
Market Cap$2.2B
Cap SizeMid Cap
Analyst ConsensusBuy (54%)
Inst. Holders50 funds
Inst. Value$2.3B
Inst. Activity17 buys / 5 sells
SEC Reports5
Recent Activity
Jun 11, 2026
short_volume
Short Volume: NOG — 62.3% short (0.4M / 0.7M)
Short: 445,993 | Exempt: 650 | TRF Vol: 715,322 | Short Ratio: 62.3% | Off-exchange volume (dark poo
Jun 2, 2026
SEC
Northern Oil & Gas filed a prospectus supplement registering 3,689,413 shares for resale by the seller of the Parallax a
8-K — Impact 2/10
Jun 1, 2026
SEC
Northern Oil & Gas completed its acquisition of Canadian oil and gas assets from Parallax Energy Operating Inc. for CA$2
8-K — Impact 5/10
May 26, 2026
SEC
NOG entered into a definitive agreement to acquire a 25% non-operated interest in Parallax Energy's light-oil Duvernay a
8-K — Impact 7/10
Inst.
STATE STREET CORP — ADD
6,539,968 shares ($194.1M)
Inst.
Invesco Ltd. — ADD
5,513,796 shares ($161.2M)
Price Targets
$34.22
+64.6% upside
Strong Buy
Current $20.79
Low $29.00
Median $35.00
High $38.00
9 analysts
$29.00
$38.00
Analyst Ratings
4Strong Buy
3Buy
5Hold
1Sell
0Strong Sell
Recent Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| May 22, 2026 | Morgan Stanley | MAINTAIN | Underweight → Underweight |
| May 21, 2026 | Raymond James | DOWNGRADE | Strong Buy → Outperform |
| May 20, 2026 | Johnson Rice | DOWNGRADE | Accumulate → Hold |
| Apr 14, 2026 | Citigroup | MAINTAIN | Buy → Buy |
| Mar 31, 2026 | Citigroup | MAINTAIN | Buy → Buy |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $0.97 | $0.67 — $1.40 | -29% YoY | 7 |
| Next Q | $1.03 | $0.73 — $1.49 | 0% YoY | 7 |
| Current FY | $3.87 | $2.97 — $5.12 | -15% YoY | 8 |
| Next FY | $4.21 | $1.94 — $5.18 | 9% YoY | 8 |
Latest Reports
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| BlackRock, Inc. | $459.5M | — |
| STATE STREET CORP | $194.1M | ADD |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $192.4M | — |
| FMR LLC | $186.8M | TRIM |
| Invesco Ltd. | $161.2M | ADD |
50 institutional holders with $2.3B total value (79,342,968 shares) as of 2026-Q1. Top holders: BlackRock,, STATE, VANGUARD. Net buying activity: 17 institutions added/increased vs 5 reduced.
Top Institutional Holders — 2026-Q1
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 15,718,942 | $459.5M | 20.0% | — |
| 2 | STATE STREET CORP | 6,539,968 | $194.1M | 8.5% | ADD +26.2% |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6,582,052 | $192.4M | 8.4% | — |
| 4 | FMR LLC | 6,390,533 | $186.8M | 8.1% | TRIM -31.7% |
| 5 | Invesco Ltd. | 5,513,796 | $161.2M | 7.0% | ADD +26.4% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 4,504,117 | $131.7M | 5.7% | — |
| 7 | DIMENSIONAL FUND ADVISORS LP | 4,146,203 | $121.2M | 5.3% | — |
| 8 | ALLIANCEBERNSTEIN L.P. | 3,433,394 | $73.7M | 3.2% | NEW |
| 9 | MORGAN STANLEY | 2,397,831 | $70.1M | 3.1% | — |
| 10 | Nuveen, LLC | 1,734,767 | $50.7M | 2.2% | ADD +31.7% |
| 11 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1,682,043 | $49.2M | 2.1% | — |
| 12 | Hood River Capital Management LLC | 1,586,599 | $46.4M | 2.0% | — |
| 13 | GOLDMAN SACHS GROUP INC | 1,394,065 | $40.7M | 1.8% | — |
| 14 | VOYA INVESTMENT MANAGEMENT LLC | 1,316,298 | $38.5M | 1.7% | ADD +37.1% |
| 15 | BANK OF AMERICA CORP /DE/ | 1,245,639 | $36.4M | 1.6% | — |
| 16 | FIRST TRUST ADVISORS LP | 1,167,971 | $34.1M | 1.5% | DOUBLED +116.8% |
| 17 | NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 818,609 | $23.9M | 1.0% | — |
| 18 | ROYAL BANK OF CANADA | 812,323 | $23.7M | 1.0% | — |
| 19 | RAYMOND JAMES FINANCIAL INC | 737,255 | $21.5M | 0.9% | — |
| 20 | WELLS FARGO & COMPANY/MN | 693,604 | $20.3M | 0.9% | — |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| STATE STREET CORP | ADD | 5,183,896 | 6,539,968 | +26.2% | $194.1M | 2026-Q1 |
| Invesco Ltd. | ADD | 4,361,776 | 5,513,796 | +26.4% | $161.2M | 2026-Q1 |
| Nuveen, LLC | ADD | 1,317,627 | 1,734,767 | +31.7% | $50.7M | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC | ADD | 960,262 | 1,316,298 | +37.1% | $38.5M | 2026-Q1 |
| FIRST TRUST ADVISORS LP | DOUBLED | 538,774 | 1,167,971 | +116.8% | $34.1M | 2026-Q1 |
| Allspring Global Investments Holdings, LLC | TRIM | 1,297,897 | 467,493 | -64.0% | $12.9M | 2026-Q1 |
| MetLife Investment Management, LLC | DOUBLED | 53,890 | 415,320 | +670.7% | $12.1M | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | TRIM | 572,961 | 388,491 | -32.2% | $11.4M | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC | ADD | 228,838 | 340,493 | +48.8% | $10.0M | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. | ADD | 180,215 | 272,188 | +51.0% | $8.0M | 2026-Q1 |
| Rafferty Asset Management, LLC | ADD | 137,746 | 227,852 | +65.4% | $6.7M | 2026-Q1 |
| Gotham Asset Management, LLC | DOUBLED | 16,181 | 97,687 | +503.7% | $2.9M | 2026-Q1 |
| FEDERATED HERMES, INC. | DOUBLED | 1,346 | 60,336 | +4382.6% | $1.8M | 2026-Q1 |
| FIFTH THIRD BANCORP | DOUBLED | 320 | 42,781 | +13269.1% | $1.3M | 2026-Q1 |
| NISA INVESTMENT ADVISORS, LLC | ADD | 14,376 | 21,459 | +49.3% | $636.9K | 2026-Q1 |
| Vanguard Personalized Indexing Management, LLC | ADD | 14,345 | 20,430 | +42.4% | $597.2K | 2026-Q1 |
| Concurrent Investment Advisors, LLC | TRIM | 21,279 | 15,282 | -28.2% | $446.7K | 2026-Q1 |
| Verition Fund Management LLC | NEAR_EXIT | 36,073 | 7,894 | -78.1% | $230.7K | 2026-Q1 |
| NOMURA ASSET MANAGEMENT CO LTD | DOUBLED | 930 | 2,000 | +115.1% | $58.5K | 2026-Q1 |
| Allworth Financial LP | DOUBLED | 258 | 650 | +151.9% | $19.0K | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ | ADD | 76,359 | 105,621 | +38.3% | $3.1K | 2026-Q1 |
| Point72 Asset Management, L.P. | EXIT | 579,853 | 0 | -100.0% | $0.00 | 2026-Q1 |
| FMR LLC | TRIM | 9,595,008 | 6,554,767 | -31.7% | $140.7M | 2025-Q4 |
| ALLIANCEBERNSTEIN L.P. | NEW | — | 3,537,912 | — | $76.0M | 2025-Q4 |
| Point72 Asset Management, L.P. | NEW | — | 579,853 | — | $12.4M | 2025-Q4 |
No insider trading data available yet. Insider transactions are collected from SEC Form 4 filings.
5 SEC filing reports analyzed. Sentiment: 1 bullish, 0 bearish, 1 mixed, 3 neutral. Avg impact: 4.8/10.
NEUTRAL
8-K
2/10
Northern Oil & Gas filed a prospectus supplement registering 3,689,413 shares for resale by the sell
Jun 2, 2026
NEUTRAL
8-K
5/10
Northern Oil & Gas completed its acquisition of Canadian oil and gas assets from Parallax Energy Ope
Jun 1, 2026
BULLISH
8-K
7/10
NOG entered into a definitive agreement to acquire a 25% non-operated interest in Parallax Energy's
May 26, 2026
NEUTRAL
DEFA14A
3/10
Northern Oil & Gas, Inc. (NOG) has filed definitive additional proxy materials for an upcoming share
Apr 10, 2026
MIXED
8-K
7/10
Northern Oil & Gas (NOG) reported mixed full-year 2025 results with a 9% production increase and 1%
Feb 25, 2026
No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.
Current analyst consensus: Hold (54% buy). Based on 13 analysts: 4 strong buy, 3 buy, 5 hold, 1 sell, 0 strong sell.
Analyst Price Targets
$34.22 mean target
+64.6% upside
Strong Buy (2.44)
$29.00 Low
$38.00 High
| Metric | Value |
|---|---|
| Current Price | $20.79 |
| Target Low | $29.00 |
| Target Mean | $34.22 |
| Target Median | $35.00 |
| Target High | $38.00 |
| # Analysts | 9 |
| Recommendation | Strong Buy (2.44) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-06-30 |
$0.97 | $0.67 | $1.40 | -28.9% | — | 3↑ 2↓ | $0.6B | -17.8% | 7 |
| Next Q 2026-09-30 |
$1.03 | $0.73 | $1.49 | 0.5% | — | 3↑ 2↓ | $0.6B | 22.3% | 7 |
| Current FY 2026-12-31 |
$3.87 | $2.97 | $5.12 | -15.4% | — | 3↑ 3↓ | $1.9B | -21.3% | 8 |
| Next FY 2027-12-31 |
$4.21 | $1.94 | $5.18 | 9.0% | — | 4↑ 2↓ | $2.4B | 21.0% | 8 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $0.974 | |
| 7d ago | $0.981 | -0.007 |
| 30d ago | $0.000 | +0.974 |
| 60d ago | $0.918 | +0.057 |
| 90d ago | $0.667 | +0.307 |
7 analyst firms have rated this stock: 0 upgrades, 2 downgrades, 0 initiations.
Individual Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| May 22, 2026 | Morgan Stanley | MAINTAIN | Underweight | Underweight |
| May 21, 2026 | Raymond James | DOWNGRADE | Strong Buy | Outperform |
| May 20, 2026 | Johnson Rice | DOWNGRADE | Accumulate | Hold |
| Apr 14, 2026 | Citigroup | MAINTAIN | Buy | Buy |
| Mar 31, 2026 | Citigroup | MAINTAIN | Buy | Buy |
| Mar 24, 2026 | B of A Securities | MAINTAIN | Buy | Buy |
| Mar 12, 2026 | Piper Sandler | MAINTAIN | Neutral | Neutral |
| Mar 11, 2026 | Citigroup | MAINTAIN | Buy | Buy |
| Mar 5, 2026 | Piper Sandler | MAINTAIN | Neutral | Neutral |
| Jan 23, 2026 | Morgan Stanley | MAINTAIN | Underweight | Underweight |
| Jan 20, 2026 | RBC Capital | MAINTAIN | Sector Perform | Sector Perform |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 4 | 3 | 5 | 1 | 0 | 54% | |
| May 1, 2026 | 6 | 3 | 4 | 1 | 0 | 64% | |
| Apr 1, 2026 | 6 | 3 | 5 | 1 | 0 | 60% | |
| Mar 1, 2026 | 6 | 3 | 5 | 1 | 0 | 60% | |
| Feb 1, 2026 | 6 | 3 | 5 | 1 | 0 | 60% | |
| Jan 1, 2026 | 6 | 3 | 5 | 1 | 0 | 60% |
Strong BuyBuyHoldSellStrong Sell
No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.
No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.
Jun 11, 2026
short_volume
Short Volume: NOG — 62.3% short (0.4M / 0.7M)
Short: 445,993 | Exempt: 650 | TRF Vol: 715,322 | Short Ratio: 62.3% | Off-exchange volume (dark pool + OTC)
Jun 9, 2026
short_volume
Short Volume: NOG — 57.5% short (0.5M / 0.9M)
Short: 539,962 | Exempt: 30 | TRF Vol: 938,940 | Short Ratio: 57.5% | Off-exchange volume (dark pool + OTC)
Jun 3, 2026
short_volume
Short Volume: NOG — 57.6% short (0.6M / 1.1M)
Short: 625,126 | Exempt: 900 | TRF Vol: 1,084,732 | Short Ratio: 57.6% | Off-exchange volume (dark pool + OTC)
Jun 2, 2026
short_volume
Short Volume: NOG — 63.1% short (0.5M / 0.8M)
Short: 535,164 | Exempt: 30,709 | TRF Vol: 848,323 | Short Ratio: 63.1% | Off-exchange volume (dark pool + OTC)
Jun 1, 2026
short_volume
Short Volume: NOG — 59.8% short (0.5M / 0.9M)
Short: 512,099 | Exempt: 1,162 | TRF Vol: 856,768 | Short Ratio: 59.8% | Off-exchange volume (dark pool + OTC)
May 28, 2026
short_volume
Short Volume: NOG — 62.1% short (0.6M / 1.0M)
Short: 617,638 | Exempt: 0 | TRF Vol: 995,153 | Short Ratio: 62.1% | Off-exchange volume (dark pool + OTC)
May 27, 2026
short_volume
Short Volume: NOG — 66.2% short (1.0M / 1.4M)
Short: 955,924 | Exempt: 418 | TRF Vol: 1,443,837 | Short Ratio: 66.2% | Off-exchange volume (dark pool + OTC)
May 26, 2026
short_volume
Short Volume: NOG — 63.3% short (0.7M / 1.0M)
Short: 661,465 | Exempt: 34,788 | TRF Vol: 1,045,036 | Short Ratio: 63.3% | Off-exchange volume (dark pool + OTC)
May 21, 2026
short_volume
Short Volume: NOG — 61.2% short (0.6M / 1.0M)
Short: 607,647 | Exempt: 5,662 | TRF Vol: 992,427 | Short Ratio: 61.2% | Off-exchange volume (dark pool + OTC)
May 8, 2026
short_volume
Short Volume: NOG — 61.7% short (0.5M / 0.8M)
Short: 503,281 | Exempt: 0 | TRF Vol: 816,345 | Short Ratio: 61.7% | Off-exchange volume (dark pool + OTC)
May 7, 2026
short_volume
Short Volume: NOG — 58.0% short (0.6M / 1.1M)
Short: 637,639 | Exempt: 730 | TRF Vol: 1,100,002 | Short Ratio: 58.0% | Off-exchange volume (dark pool + OTC)
May 7, 2026
short_interest
FTD: NOG — 44,756 shares ($1.1M) failed to deliver
Settlement: 20260507, Price: $24.73, FTD Value: $1,106,815.88, NORTHERN OIL AND GAS, INC. COM
May 6, 2026
short_volume
Short Volume: NOG — 58.9% short (0.6M / 0.9M)
Short: 556,929 | Exempt: 721 | TRF Vol: 945,003 | Short Ratio: 58.9% | Off-exchange volume (dark pool + OTC)
May 4, 2026
short_volume
Short Volume: NOG — 64.6% short (0.5M / 0.8M)
Short: 502,658 | Exempt: 0 | TRF Vol: 777,923 | Short Ratio: 64.6% | Off-exchange volume (dark pool + OTC)
May 1, 2026
short_volume
Short Volume: NOG — 55.2% short (0.4M / 0.8M)
Short: 423,571 | Exempt: 1,052 | TRF Vol: 767,437 | Short Ratio: 55.2% | Off-exchange volume (dark pool + OTC)