Nama's AI scorecard currently rates Northern Oil and Gas Hold (4.7 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is NOG's P/E ratio?

Northern Oil and Gas trades at a trailing price-to-earnings ratio of 5.7.

When does NOG report earnings?

Northern Oil and Gas's next scheduled report is on Feb 25, 2027. Analysts expect EPS of $1.18.

What is the NOG price target?

The median analyst price target from 9 analysts is $30.00, with a range of $26.00 – $35.00.

Is NOG Shariah compliant?

Nama's AAOIFI-style screen reads Northern Oil and Gas as Not Shariah Compliant. At least one of the three ratios or the industry test failed.

Does NOG pay a dividend?

Yes — Northern Oil and Gas's dividend yield is 7.9%.

Nama Insights

Northern Oil and Gas (NOG)

Energy · Oil Gas E P · NYSE

Northern Oil and Gas (NOG) is a Energy company in the Oil Gas E P industry. It has a market capitalization of $2.43B, a trailing price-to-earnings ratio of 5.7 and a free-cash-flow yield of 11.2%. Over the most recent reported fiscal year, revenue declined 3.2%. Nama's AI scorecard rates it Hold, 4.7 out of 10. On 12-month momentum it ranks in the middle band of its market.

AI scorecard

Hold · 4.7/10

The sections balance. As of Nov 7, 2026.

Momentum

Middle · +18.1% over 12 months ex. last

Middle fifth of its market on the past year's move.

Shariah screen

Not Shariah Compliant

At least one of the three ratios or the industry test failed.

Off its high

-48.5%

How far the last close sits under the highest price of the past five years.

Market cap	$2.43B
Trailing P/E	5.7
Price / book	1.2
Price / sales	1.2
FCF yield	11.2%
Dividend yield	7.9%
Gross margin	33.6%
Operating margin	29.3%
Net margin	-22.5%
Revenue growth (YoY)	-3.2%
Revenue growth (3-yr annual)	+1.8%
EPS growth (YoY)	-13.1%
FCF/share growth (YoY)	—
Beta	0.9
Exchange	NYSE
Sector	Energy
Industry	Oil Gas E P

NOG earnings

Next report: Feb 25, 2027 (Q4 2026, EPS estimate $1.18). Beat the EPS estimate in 4 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q3 2026	Nov 5, 2026	$1.32	$1.06	+24.5%	—
Q2 2026	Aug 6, 2026	$1.13	$1.12	+0.9%	$675.05M
Q1 2026	Apr 28, 2026	$0.74	$0.68	+8.8%	$544.09M
Q4 2025	Feb 25, 2026	$0.83	$0.77	+7.8%	$450.86M

NOG analyst price target

Median target $30.00 from 9 analysts, ranging $26.00 – $35.00.

Oil Gas E P peers

Ticker	Company	Market cap	P/E
COP	ConocoPhillips	$163.71B	14.5
CNQ	Canadian Natural Resources	$100.09B	11.8
EOG	EOG Resources	$77.17B	9.4
OXY	Occidental Petroleum	$56.36B	12.8
FANG	Diamondback Energy	$49.96B	9.8
DVN	Devon Energy	$46.43B	8.7
EQT	EQT	$30.90B	12.2
EXE	Expand Energy	$19.54B	9.8

Explore live NOG data on Nama Insights →

Recent Congressional trades

Northern Oil and Gas trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member	Chamber	Trade	Amount	Disclosed
Lisa McClain	House	Sell	$1,001 - $15,000	Sep 12, 2025
Lisa McClain	House	Buy	$1,001 - $15,000	Aug 13, 2025
John Hoeven	Senate	Buy	$15,001 - $50,000	—

NOG FAQ

Is NOG a buy?: Nama's AI scorecard currently rates Northern Oil and Gas Hold (4.7 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is NOG's P/E ratio?: Northern Oil and Gas trades at a trailing price-to-earnings ratio of 5.7.
When does NOG report earnings?: Northern Oil and Gas's next scheduled report is on Feb 25, 2027. Analysts expect EPS of $1.18.
What is the NOG price target?: The median analyst price target from 9 analysts is $30.00, with a range of $26.00 – $35.00.
Is NOG Shariah compliant?: Nama's AAOIFI-style screen reads Northern Oil and Gas as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does NOG pay a dividend?: Yes — Northern Oil and Gas's dividend yield is 7.9%.