Northern Oil and Gas, Inc.

Northern Oil and Gas, Inc.

NOGยทNYSE

$22.11

-1.2%
EnergyOil & Gas Exploration & Production

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. The company primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. As of December 31, 2021, it owned working interests in 7,436 gross producing wells; and had proved reserves of 287,682 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.

At a Glance

Live Snapshot
Market Cap$2.34B
EPS0.4000
P/E Ratio55.27
Earnings Date07/30/2026
1.54%
Dividend Yield
-26%
3Y+56.0%
5Y-
10Y-
-8.51%
Dividend Payout Ratio
-86%
3Y-214.0%
5Y-
10Y-
3Y+75.0%
5Y-
10Y-
Northern Oil and Gas, Inc.

Northern Oil and Gas, Inc. Dividend History

NOG ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

NOG Dividend Payment History

NOG ยท NYSE

Total Payments

21

Latest Dividend

$0.4500

Annual Amount

$1.8000

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 13, 2026
Jun 29, 2026Jul 31, 2026
$0.4500
$0.4500
Quarterly0.00%
Feb 24, 2026
Mar 30, 2026Apr 30, 2026
$0.4500
$0.4500
Quarterly0.00%
Nov 5, 2025
Dec 30, 2025Jan 30, 2026
$0.4500
$0.4500
Quarterly0.00%
Aug 1, 2025
Sep 29, 2025Oct 31, 2025
$0.4500
$0.4500
Quarterly0.00%
Apr 30, 2025
Jun 27, 2025Jul 31, 2025
$0.4500
$0.4500
Quarterly0.00%
Jan 28, 2025
Mar 28, 2025Apr 30, 2025
$0.4500
$0.4500
Quarterly+7.14%
Nov 26, 2024
Dec 30, 2024Jan 31, 2025
$0.4200
$0.4200
Quarterly0.00%
Aug 6, 2024
Sep 27, 2024Oct 31, 2024
$0.4200
$0.4200
Quarterly+5.00%
May 2, 2024
Jun 27, 2024Jul 31, 2024
$0.4000
$0.4000
Quarterly0.00%
Feb 6, 2024
Mar 28, 2024Apr 30, 2024
$0.4000
$0.4000
Quarterly0.00%
Oct 30, 2023
Dec 28, 2023Jan 31, 2024
$0.4000
$0.4000
Quarterly+5.26%
Aug 1, 2023
Sep 28, 2023Oct 31, 2023
$0.3800
$0.3800
Quarterly+2.70%
May 1, 2023
Jun 29, 2023Jul 31, 2023
$0.3700
$0.3700
Quarterly+8.82%
Feb 6, 2023
Mar 30, 2023Apr 28, 2023
$0.3400
$0.3400
Quarterly+13.33%
Nov 3, 2022
Dec 29, 2022Jan 31, 2023
$0.3000
$0.3000
Quarterly+20.00%
Aug 1, 2022
Sep 29, 2022Oct 31, 2022
$0.2500
$0.2500
Quarterly+31.58%
May 3, 2022
Jun 29, 2022Jul 29, 2022
$0.1900
$0.1900
Quarterly+35.71%
Feb 1, 2022
Mar 30, 2022Apr 29, 2022
$0.1400
$0.1400
Quarterly+75.00%
Nov 11, 2021
Dec 30, 2021Jan 31, 2022
$0.0800
$0.0800
Quarterly+77.78%
Aug 3, 2021
Sep 30, 2021Oct 29, 2021
$0.0450
$0.0450
Quarterly+50.00%
May 7, 2021
Jun 30, 2021Jul 30, 2021
$0.0300
$0.0300
Quarterly-
nog

Northern Oil and Gas, Inc. Payout Ratio Analysis

NOG ยท NYSE
Dividends Paid
-173.40M
2025
Net Income
38.76M
2025
Payout Ratio
447.37%
2025

Dividend Sustainability Analysis

Payout Ratio
447.37%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
68.6%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-7.1%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.