Northern Oil and Gas, Inc.
NOG Energy Oil & Gas E&P
In the quarter to June 2026, revenue grew 5.44%, EPS grew 119.6%, free cash flow fell 267.0% and total debt rose 15.2%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for three, operating cash flow growth for five; insiders bought in the last twelve months.
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Northern Oil and Gas, Inc. (NOG) Dividend Safety Score
Northern Oil and Gas, Inc.'s stockrow Dividend Safety Score is 42 out of 100, based on payout ratios, leverage, dividend streak and earnings stability for fiscal 2025.
Dividend Safety Score, annual
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Annual newest first
| Period | Dividend Safety Score | Change (points) |
|---|---|---|
| FY2025 | 42 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Payout of earnings | 447.37% | — | Fail | 0 |
| Payout of free cash flow | 68.59% | — | Fail | 18 |
| Net debt / EBITDA | 2.07 | — | Pass | 12 |
| Years without a dividend cut | 5 | — | Pass | 12 |
| Years of falling or negative earnings over the last 10 fiscal years | 7 | — | Fail | 0 |
| Dividend Safety Score | Stretched | 42 | ||
How the stockrow Dividend Safety Score works
Our own composite, out of 100, for the latest fiscal year: up to 25 points for how little of its earnings the dividend takes, 25 for how little of its free cash flow, 20 for net debt against EBITDA, 20 for the years it has paid without a cut and 10 for how steady earnings per share have been over ten years. How we calculate it.
| 80–100 | Well covered |
|---|---|
| 60–79 | Adequately covered |
| 40–59 | Stretched |
| below 40 | Weakly covered |
Not worked out for a company that pays no regular dividend, for banks and REITs, whose payouts and leverage these measures do not describe, or with fewer than five years of earnings.
Dividend Safety Score against peers
| Company | Dividend Safety Score |
|---|---|
| KRP Kimbell Royalty compare | 62 |
| NOG Northern Oil and Gas, Inc. | 42 |
| VET Vermilion Energy Inc. compare | 41 |
| BSM Black Stone Minerals, L.P. compare | 20 |
| TALO Talos Energy Inc. compare | — |
| MNR Mach Natural Resources LP compare | — |
| BKV BKV Corporation compare | — |
| GPOR Gulfport Energy Corporation compare | — |
| CRK Comstock Resources, Inc. compare | — |
What Dividend Safety Score is
The stockrow Dividend Safety Score rates how well earnings and free cash flow cover the dividend, with leverage, the dividend’s record and stable earnings.
Up to 25 points for the payout of earnings, 25 for the payout of free cash flow, 20 for net debt ÷ EBITDA, 20 for the years without a dividend cut and 10 for stable earnings