Northern Oil and Gas: Duvernay Acquisition Comes At A Fair Price, But Adds To Its Leverage
Northern Oil and Gas (NOG) reported earnings 30 days ago. What's next for the stock?
Although the revenue and EPS for Northern Oil and Gas (NOG) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 333 | $8,857.69 | $6,681.64 | -$2,176.05 | -24.57% |
| PER Paul E. Rasmussen SIT INVESTMENT ASSOCIATES Inc. | 149,000 | $4.6M | $3.01M | -$1.6M | -34.72% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 503 | $14,702.69 | $10,142.99 | -$4,559.7 | -31.01% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 1,927 | $55,135.57 | $38,867.59 | -$16,267.98 | -29.51% |
| BG Bart Gancher Intech Investment Management LLC | 22,659 | $741,795.74 | $456,465.55 | -$285,330.19 | -38.46% |
| Oil, Gas & Consumable Fuels Industry | Energy Sector | James Evans CEO | NYSE Exchange | 665531307 CUSIP |
| US Country | 64 Employees | 29 Jun 2026 Last Dividend | 21 Sep 2020 Last Split | 13 Apr 2007 IPO Date |
Northern Oil and Gas, Inc. is an independent energy company involved in several core aspects of the energy sector, including acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties. Its operations are predominantly based in the United States, focusing on significant oil and gas basins such as the Williston Basin, the Appalachian Basin, and the Permian Basin. The company has its headquarters in Minnetonka, Minnesota, reflecting its commitment to leveraging the rich natural resource basins within the U.S. for energy production and development.
Northern Oil and Gas specializes in acquiring oil and gas properties, focusing on regions with high potential for development. This aspect of their operation involves identifying, evaluating, and procuring valuable energy resources to expand their portfolio and enhance production capabilities.
They engage in exploring new and existing oil and gas fields to discover untapped resources. This crucial step determines the potential for development in various locations within their targeted basins, deploying cutting-edge technology and geological assessments.
The company works on exploiting identified oil and gas reservoirs to maximize extraction efficiency and productivity. This involves using advanced recovery techniques and methodologies to increase the yield from both new and mature fields.
Northern Oil and Gas, Inc. undertakes the development of oil and gas properties from initial discovery through to production. This comprehensive process includes drilling, infrastructure setup, and applying strategic operations to prepare sites for long-term extraction activities.
The final cornerstone of their operations is the production of crude oil and natural gas. After comprehensive exploration, exploitation, and development phases, Northern Oil and Gas focuses on efficiently producing and bringing to market valuable energy commodities from their asset bases across the Williston Basin, the Appalachian Basin, and the Permian Basin.