15 Best American Energy Stocks to Buy According to Wall Street Analysts

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

Upside Potential as of April 10: 29.92%

Northern Oil and Gas, Inc. (NYSE:NOG) is the largest, publicly traded, non-operated, upstream energy asset owner in the United States. The company engages in the acquisition, exploration, development, and production of oil and natural gas properties, primarily in the Williston, Uinta, Permian, and Appalachian basins.

On April 6, BofA analyst Noah Hungness bumped the firm’s price target on Northern Oil and Gas, Inc. (NYSE:NOG) from $32 to $34, while maintaining a ‘Buy’ rating on the shares. The raised target, which indicates an upside of over 25% from the current levels, comes as the analyst firm revised its strip oil and gas prices, given the current situation in the Middle East.

Northern Oil and Gas, Inc. (NYSE:NOG) reported better-than-expected results for its Q4 2025 in February, beating forecasts in both earnings and revenue. The company also managed to grow its total average daily production by 9% last year, when compared to 2024. For FY 2026, NOG has signaled a shift from leasing to drill-ready projects amid the evolving market conditions.

Northern Oil and Gas, Inc. (NYSE:NOG) currently boasts an impressive annual dividend yield of 6.64%, putting it among the 13 Oil Stocks with Highest Dividends.