These 10 Dividend Stocks are Underperforming in 2025

6. Northern Oil and Gas, Inc. (NYSE:NOG)

Dividend yield: 5.71%

Ex-Dividend Date: March 28, 2025

Number of Hedge Funds: 42

Northern Oil and Gas, Inc. (NYSE:NOG), an independent energy company based in Minnesota, U.S., is engaged in the business of acquiring, exploring, developing, and producing oil and natural gas properties. The regions covered by the company include Williston, Uinta, Permian, and Appalachian basins within the contiguous United States.

As of February 28, 2025, the stock declined by 17.68% YTD. The decline is primarily attributed to the shift in the company’s focus on expensive acquisitions. For instance, the acquisition of XCL assets cost the company $510 million. The investment was funded through debt, and the resulting interest expense affected the company’s value. The Q4 earnings call indicated an EPS of $1.11, which missed both the estimates and the previous year’s value of $1.13 and $1.61. However, the overall financial performance is high, with an adjusted EBITDA of $1.6 billion and free cash flow of $461 million, reaching the peak in 2024. Northern Oil and Gas, Inc. (NYSE:NOG) expects strong growth in the future, which will be contributed to by their previous acquisitions, including XCL.

The company offers a substantial income stream covered by earnings with a 5.71% dividend yield and a healthy 31.91% payout ratio. With 42 hedge funds from the Insider Monkey database holding the shares of Northern Oil and Gas, Inc. (NYSE:NOG) at the end of Q4 2024, the institutional interest in the stock remains strong.

Analysts maintain a Buy rating based on the projection of a 55.33% upside to $47.50. Investors interested in stock can purchase before March 28, 2025, to benefit from dividends.