Let’s look at the key reasons that are pushing Northern Oil and Gas Inc (NOG) to new highs

On Friday, Northern Oil and Gas Inc (NYSE: NOG) was 3.50% up from the session before settling in for the closing price of $21.72. A 52-week range for NOG has been $19.88 – $44.31.

During the last 5-year period, the sales growth of Energy Sector giant was 53.59%. When this article was written, the company’s average yearly earnings per share was at -14.52%. With a float of $96.23 million, this company’s outstanding shares have now reached $99.11 million.

Let’s determine the extent of company efficiency that accounts for 49 employees. In terms of profitability, gross margin is 54.74%, operating margin of 46.11%, and the pretax margin is 31.97%.

Northern Oil and Gas Inc (NOG) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Northern Oil and Gas Inc stocks. The insider ownership of Northern Oil and Gas Inc is 2.91%, while institutional ownership is 113.17%. The most recent insider transaction that took place on Mar 07 ’25, was worth 27,480. In this transaction CEO of this company bought 1,000 shares at a rate of $27.48, taking the stock ownership to the 226,189 shares. Before that another transaction happened on Mar 04 ’25, when Company’s Director bought 20,000 for $27.62, making the entire transaction worth $552,400. This insider now owns 40,000 shares in total.

Northern Oil and Gas Inc (NOG) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.09 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -14.52% per share during the next fiscal year.

Northern Oil and Gas Inc (NYSE: NOG) Trading Performance Indicators

You can see what Northern Oil and Gas Inc (NOG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.15, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 4.56 in one year’s time.

Technical Analysis of Northern Oil and Gas Inc (NOG)

Looking closely at Northern Oil and Gas Inc (NYSE: NOG), its last 5-days average volume was 3.29 million, which is a jump from its year-to-date volume of 1.83 million. As of the previous 9 days, the stock’s Stochastic %D was 27.93%. Additionally, its Average True Range was 2.03.

During the past 100 days, Northern Oil and Gas Inc’s (NOG) raw stochastic average was set at 10.64%, which indicates a significant decrease from 22.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 128.66% in the past 14 days, which was higher than the 59.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $30.59, while its 200-day Moving Average is $36.71. However, in the short run, Northern Oil and Gas Inc’s stock first resistance to watch stands at $23.09. Second resistance stands at $23.69. The third major resistance level sits at $24.69. If the price goes on to break the first support level at $21.49, it is likely to go to the next support level at $20.49. Now, if the price goes above the second support level, the third support stands at $19.89.

Northern Oil and Gas Inc (NYSE: NOG) Key Stats

There are 99,114K outstanding shares of the company, which has a market capitalization of 2.23 billion. As of now, sales total 2,226 M while income totals 520,310 K. Its latest quarter income was 514,980 K while its last quarter net income were 71,700 K.