Northern Oil and Gas, Inc. reports results for the quarter ended June 30 - Earnings Summary

Northern Oil and Gas

06/08/2026 22:43

Northern Oil and Gas, Inc. NOG.N reported quarterly adjusted earnings of $1.13​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.37.  The mean expectation of nine analysts for the quarter was for earnings of $1.04 per share. Wall Street expected results to range from 79 cents to $1.98 per share.
Revenue rose 5.4% to $745.24 million from a year ago; analysts expected $596.85 million. 
Northern Oil and Gas, Inc.'s reported EPS for the quarter was $2.19​.
The company reported quarterly net income of $236.63 million.
Northern Oil and Gas, Inc. shares had risen by 8.9% this quarter and lost 7.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 19.2% in the last three months.​ 
In the last 30 days, six analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy" 
Wall Street's median 12-month price target for Northern Oil and Gas, Inc. is $29.00, about 30.1% above its last closing price of $20.28
This summary was machine generated from LSEG data August 6 at 09:43 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
1.04
1.13
Beat
Mar. 31 2026 
0.68
0.74
Beat
Dec. 31 2025 
0.78
0.83
Beat
Sep. 30 2025 
0.86
1.03
Beat