AU · rank #17 · 2026-10-19
NOG
NYSE · $2.80B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of all factors below. | 0.944 |
|---|---|
| EPS revisions (30d) Change in consensus EPS estimate over the past 30 days ($/share). | +$0.53 |
| Net revisions (30d) Number of analysts revising upward minus downward. | 1 |
| Insider signal (90d) $0 across 0 unique buyers. | -0.186 |
| Analyst upside Consensus target $31.00 | +14.1% |
| Momentum acceleration 3-month minus 12-month momentum. | +16.38% |
| Analyst rating 5 = Strong Buy, 1 = Strong Sell. | 3.56 |
| Gross margin TTM | +75.4% |
| 52w high | $29.41 |
| Market cap (USD) | $2.80B |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Northern Oil & Gas is the largest dedicated U.S. non-operating E&P company, acquiring minority working interests and mineral rights across key North American basins including the Permian, Williston, Uinta, and Appalachian.
Rationale
Solid Q2 EBITDA growth, 100% positive 30-day net EPS revisions, four recent target raises, and reaffirmed full-year 2026 production guidance validate the quant model's analyst upside signal.
Material risks
- 1Complete reliance on third-party operators leaves NOG vulnerable to operational deferrals and shut-ins, as demonstrated by 7,000 Boe/d curtailed due to adverse regional Waha hub basis differentials.
- 2Volatility in hedging contracts and commodity differentials creates earnings noise, marked by an estimated $300–$320 million unrealized derivative loss reported for Q3 2026.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.