Bank of America Securities Remains a Buy on Northern Oil And Gas (NOG)

Bank of America Securities analyst Noah Hungness reiterated a Buy rating on Northern Oil And Gas yesterday and set a price target of $27.00. The company’s shares closed yesterday at $27.86.

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According to TipRanks, Hungness is a 3-star analyst with an average return of 5.0% and a 56.16% success rate. Hungness covers the Energy sector, focusing on stocks such as Northern Oil And Gas, Granite Ridge Resources, and Magnolia Oil & Gas.

In addition to Bank of America Securities, Northern Oil And Gas also received a Buy from William Blair’s Neal Dingmann in a report issued on February 9. However, on February 10, RBC Capital maintained a Hold rating on Northern Oil And Gas (NYSE: NOG).

Based on Northern Oil And Gas’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $485.87 million and a GAAP net loss of $129.07 million. In comparison, last year the company earned a revenue of $515.49 million and had a net profit of $298.45 million

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NOG in relation to earlier this year. Most recently, in December 2025, Roy Ernest Easley, a Director at NOG bought 25,000.00 shares for a total of $600,700.00.