AU · rank #18 · 2026-10-21
NOG
NYSE · $2.80B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of all factors below. | 1.104 |
|---|---|
| EPS revisions (30d) Change in consensus EPS estimate over the past 30 days ($/share). | +$0.53 |
| Net revisions (30d) Number of analysts revising upward minus downward. | 1 |
| Insider signal (90d) $0 across 0 unique buyers. | -0.206 |
| Analyst upside Consensus target $31.00 | +11.7% |
| Momentum acceleration 3-month minus 12-month momentum. | +18.70% |
| 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 U.S. dedicated non-operating E&P, acquiring minority working interests and mineral rights across key oil and gas basins including the Permian, Williston, and Appalachian.
Rationale
Strong analyst target momentum, four 30-day target raises, and 100% positive net EPS revisions validate the analyst upside signal, backed by expanding Ground Game transaction flow and solid operational execution.
Material risks
- 1Lack of operational control exposes NOG to operator curtailment and deferral decisions, evidenced by 7,000 Boe/d previously shut in due to negative Waha hub pricing.
- 2Mark-to-market derivative volatility, including an estimated $300–$320 million unrealized Q3 loss, can significantly weigh on GAAP earnings regardless of underlying production growth.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.