As of August 28, 2026, Northern Oil and Gas, Inc. (NOG) has a DilutionWatch DilutionScore of 24/100, rated LOW dilution risk. This is a component-limited score because one or more material inputs are unavailable or not applicable. Northern Oil and Gas, Inc. has a market capitalization of $2.30B, 106.55M shares outstanding, 361 institutional holders tracked. Stored dilution-related fields include ATM program capacity of $225.90M.
This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.
Score Breakdown
💰Cash Runway—
Dilution Forecast
☀️
Clear
No significant dilution signals
model est. 9%
💰 Capital Raise
model 18%
• Active ATM program with $226M remaining capacity
Market Data
Market Cap$2.30B
Shares Outstanding106.55M
Float102.26M
Cash$47.60M
Debt$803.44M
Short InterestN/A
Institutional Holdings
QoQ: ↑ 15.0% shares (2026Q1 vs prior)
361 institutional holders · 133.20M shares
#1
BlackRock, Inc.
15.72M shares
#2
VANGUARD CAPITAL MANAGEMENT LLC
9.01M shares
#3
AMERICAN CENTURY COMPANIES INC
7.97M shares
Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.
Short Interest
Short Interest20.48M
Days to Cover7.8
% of Float20.0%
FINRA data as of Jul 31, 2026
Recent SEC Activity
xbrl
XBRL CONVERTIBLE
2026-06-30
xbrl
XBRL WARRANT
2024-12-31
4
INSIDER TRANSACTION
2026-04-01
4
INSIDER TRANSACTION
2026-04-01
4
INSIDER TRANSACTION
2026-04-01
Full SEC filing analysis available with free account
→
Recent News
No recent news
Factual NOG Dilution Snapshot
Northern Oil and Gas, Inc. (NOG) has a DilutionScore of 24/100, rated Low dilution risk. Score date: August 28, 2026.
- Stored ATM program remaining capacity: $225.9M.
- Recent SEC activity tracked for NOG: xbrl on 2026-06-30; 4 on 2026-04-01; 4 on 2026-04-01.
- Score coverage note: Cash Runway is marked not applicable or unavailable while debt exceeds cash in stored market data; do not read the overall score as a complete balance-sheet risk assessment.
This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.
Track NOG Dilution Risk in Real-Time
Get instant alerts when SEC filings impact dilution risk. Free tier available.
Start Tracking NOG — Free
Real-time SEC alerts
DilutionScore™ tracking
No credit card required
Score Coverage Note
- Cash Runway is marked not applicable or unavailable while debt exceeds cash in stored market data; do not read the overall score as a complete balance-sheet risk assessment.