Northern Oil and Gas, Inc. (NOG) is set to release third-quarter results on Nov. 5, 2024. The Zacks Consensus Estimate for earnings is pegged at $1.16 per share and that for revenues is pinned at $536.47 million.Let us delve into the factors that are likely to have influenced this oil and gas exploration and production company’s performance in the to-be-reported quarter. But first, it is worth taking a look at NOG’s performance in the last reported quarter.Stay up-to-date with all quarterly releases: See Za ...

Northern Oil and Gas (NOG) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies. Aaron Chow, aka Elephant Analytics has 15+ years of analytical experience and is a top rated analyst on TipRanks. Aaron previously co-founded a mobile gaming company (Absolute Games) that was acquired by PENN Entert ...

Northern Oil and Gas, Inc. (NOG) has completed the acquisition of significant assets in the Uinta Basin, previously owned by XCL Resources, LLC and Altamont Energy, LLC. This acquisition, finalized on Oct. 1, 2024, represents a critical strategic move for NOG, securing more than a decade of Tier 1 inventory across 15,800 net acres with 116 net underwritten undeveloped locations. The deal further enhances NOG's position in the U.S. energy market by providing a significant growth trajectory. Strategic Partner ...

A month has gone by since the last earnings report for Northern Oil and Gas (NOG) . Shares have lost about 7.9% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Northern Oil and Gas due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Northern Q2 Earnings & Revenues ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuat ...

Northern Oil and Gas, Inc. (NOG) , along with SM Energy Company (SM) , has exercised the option to acquire additional assets in the Uinta Basin. NOG plans to acquire an additional 20% undivided stake in the Uinta Basin assets for an unadjusted price of $17.5 million in cash. These assets were previously owned by Altamont Energy LLC. The newly acquired assets lie adjacent to the ones that NOG already acquired from XCL Resources, LLC. Altamont Energy's assets were in the process of being acquired by XCL Resou ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________________________ FORM 10-Q _________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to____________ Commission File No. 001-33999 NORTHERN OIL AND GAS, INC. (Exa ...

Northern Oil and Gas, Inc. (NYSE:NOG) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Evelyn Infurna - VP, IR Nick O'Grady - CEO Adam Dirlam - President Chad Allen - CFO Jim Evans - CTO Conference Call Participants Neal Dingmann - Truist Securities John Freeman - Raymond James Scott Hanold - RBC Donovan Schafer - Northland Capital Markets Charles Meade - Johnson Rice Phillips Johnston - Capital One Paul Diamond - Citi Noah Hungness - Bank of America Securities Noel Parks - Tuo ...

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now. One company value investors might notice is Northern Oil and Gas (NOG) . NOG is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with a P/E ratio of 7.02, which com ...