Northern Oil & GasHAM:4LT1 -2.89%60 Dividend Payout Ratio is 0.61 as of Mar. 2026, which is 165% above its 10-year median of 0.23. GuruFocus rates HAM:4LT1 with a GF Score™ of 60/100 and a GF Value™ of €28.41 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 433 Oil & Gas companies, Northern Oil & Gas ranks better than 56.81% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Northern Oil & Gas's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.61.
The historical rank and industry rank for Northern Oil & Gas's Dividend Payout Ratio or its related term are showing as below:
HAM:4LT1'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.23 Max: 0.39
Current: 0.23
During the past 13 years, the highest Dividend Payout Ratio of Northern Oil & Gas was 0.39. The lowest was 0.04. And the median was 0.23.
HAM:4LT1's Dividend Payout Ratio is ranked better than 56.81% of 433
companies
in the Oil & Gas industry
Industry Median: 0.5
vs HAM:4LT1: 0.23
During the past 12 months, Northern Oil & Gas's average Dividends Per Share Growth Rate was 6.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 26.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Northern Oil & Gas was 119.50% per year. The lowest was 26.90% per year. And the median was 73.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Northern Oil & Gas (HAM:4LT1) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Northern Oil & Gas Dividend Payout Ratio Related Terms
Northern Oil & Gas Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Northern Oil & Gas's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HAM:4LT1 vs MNR, TALO, KRP: Dividend Payout Ratio Comparison
For the Oil & Gas E&P subindustry, Northern Oil & Gas's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Northern Oil & Gas Dividend Payout Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Northern Oil & Gas's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Northern Oil & Gas's Dividend Payout Ratio falls into.
Northern Oil & Gas Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Northern Oil & Gas's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Northern Oil & Gas (HAM:4LT1) has a Dividend Payout Ratio of 0.61 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Northern Oil & Gas and its competitors. This is 165% above median its historical median of 0.23. Over the past decade, Northern Oil & Gas' Dividend Payout Ratio has ranged from 0.04 to 0.39. According to the industry distribution chart, Northern Oil & Gas ranks #187 out of 433 companies in the Oil & Gas industry, placing it in the top 43.2%.
Is Northern Oil & Gas' Dividend Payout Ratio too high?
Northern Oil & Gas' current Dividend Payout Ratio of 0.61 is 165% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.39. The Oil & Gas industry median Dividend Payout Ratio is 0.50. Northern Oil & Gas' value of 0.61 is 22% above this industry median. Based on the distribution chart, Northern Oil & Gas ranks #187 out of 433 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Northern Oil & Gas has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Oil & Gas' Dividend Payout Ratio compare to MNR and TALO?
According to the Oil & Gas industry distribution chart, Northern Oil & Gas ranks #187 out of 433 companies for Dividend Payout Ratio. This puts Northern Oil & Gas in the upper half of its industry. The industry median Dividend Payout Ratio is 0.50. Northern Oil & Gas' value of 0.61 is 22% above this benchmark. Historically, Northern Oil & Gas' own Dividend Payout Ratio has ranged from 0.04 to 0.39 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.50, Northern Oil & Gas has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Oil & Gas company?
The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 433 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northern Oil & Gas's current Dividend Payout Ratio of 0.61 is 22% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Northern Oil & Gas and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Oil & Gas's current Dividend Payout Ratio is 0.61, which is 165% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Oil & Gas stock overvalued right now?
Based on GuruFocus' analysis, Northern Oil & Gas (HAM:4LT1) is currently considered Possible Value Trap. The stock's GF Value™ is €28.41, compared to a current price of €16.45 — trading 42.1% below its estimated fair value. The current Dividend Payout Ratio is 0.61, which is 165% above median its 10-year median of 0.23 and 22% above the Oil & Gas industry median of 0.50. Northern Oil & Gas' overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Northern Oil & Gas (HAM:4LT1), the current Dividend Payout Ratio is 0.61 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Northern Oil & Gas (HAM:4LT1) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Oil & Gas stock appears to be undervalued.
The current stock price of €16.45 is trading 42.1% below its estimated GF Value™ of €28.41.
GuruFocus considers Northern Oil & Gas to be Possible Value Trap.
Key valuation signals for HAM:4LT1:
Dividend Payout Ratio: 0.61 (165% above median its 10-year median of 0.23)
GF Value™: €28.41 vs. price of €16.45 (42.1% below fair value)
Industry Position: 22% above the Oil & Gas median (#187 of 433)
No single metric tells the full story. See the HAM:4LT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production. The company's oil and natural gas sales come from three geographic areas in the United States: the Williston Basin (North Dakota and Montana), the Permian Basin (New Mexico and Texas), the Uinta Basin, and the Appalachian Basin (Pennsylvania and Ohio).
60GF Score
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