Stocktoria
NORTHERN OIL & GAS, INC. NOG
NORTHERN OIL & GAS, INC. (NOG) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the grey zone. It pays a dividend yielding 8.32% (safety: at-risk). FY2025 revenue was $2.5B at a 1.6% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-29 | Morgan Stanley | Underweight (main) |
| 2026-06-15 | Raymond James | Outperform (main) |
| 2026-05-22 | Morgan Stanley | Underweight (main) |
| 2026-05-21 | Raymond James | Outperform (down) |
| 2026-05-20 | Johnson Rice | Hold (down) |
| 2026-04-14 | Citigroup | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Mining & Extraction · percentile among 189 companies
Percentile vs other Mining & Extraction companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.009 |
| Retained earnings / assets | 0.089 |
| EBIT / assets | 0.045 |
| Equity / liabilities | 0.648 |
Sector peers · similar-size Mining & Extraction companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NOG | NORTHERN OIL & GAS, INC. | 6/9 | 1.33 | 53.8 | +11.2% |
| CNX | CNX Resources Corp | 6/9 | — | 7.5 | +76.8% |
| MUR | MURPHY OIL CORP | 5/9 | 3.46 | 47.6 | -10.2% |
| CRK | COMSTOCK RESOURCES INC | 7/9 | 1.57 | 10.6 | +77% |
| RRC | RANGE RESOURCES CORP | 8/9 | — | 13.5 | +28.9% |
| DEC | Diversified Energy Co | 6/9 | 0.06 | 2 | +141.5% |
| SM | SM Energy Co | 6/9 | 2.77 | 9.7 | +17.2% |
All Mining & Extraction companies →
About NORTHERN OIL & GAS, INC.
Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. Northern Oil and Gas, Inc. was founded in 2006 and is headquartered in Minnetonka, Minnesota.
FAQ
Is NOG financially healthy?
NORTHERN OIL & GAS, INC.'s Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does NOG pay a dividend, and is it safe?
Yes. NORTHERN OIL & GAS, INC. pays a dividend yielding about 8.32% with a 447.4% payout ratio, rated “at-risk” for safety.
How profitable is NOG?
In FY2025, NORTHERN OIL & GAS, INC. had a net margin of 1.6% and a return on equity of 1.8%.
Is NOG overvalued or undervalued?
NORTHERN OIL & GAS, INC. trades at about 61.8× trailing earnings — above its 10-year norm (10-year range 3.3×–384.6×, median 23.3×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for NOG?
The average Wall-Street price target for NORTHERN OIL & GAS, INC. is $33.11, about 37.4% above the recent price, from 9 analysts (consensus: buy).
Is NOG a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on NORTHERN OIL & GAS, INC.: a Piotroski F-score of 6/9, an Altman Z″ in the grey zone, a P/E of about 53.8×, a dividend yield of 8.32%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.