Northern Oil and Gas (NOG): Among the Energy Stocks that Fell This Week

The share price of Northern Oil and Gas, Inc. (NYSE:NOG) fell by 9.47% between September 26 and October 3, 2025, putting it among the Energy Stocks that Lost the Most This Week.

Northern Oil and Gas (NOG): Among the Energy Stocks that Fell This Week

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

Northern Oil and Gas, Inc. (NYSE:NOG) slumped this week after a decline in the price of oil, with the WTI crude oil price falling by almost 8% to its 4-month low. The expectations of accelerated supply hikes by the OPEC+, coupled with a potential US government shutdown, have weighed down the market.

Northern Oil and Gas, Inc. (NYSE:NOG) recently issued $725 million in 7.875% Senior Notes due 2033, with interest payable semi-annually starting April next year. The company also announced that holders of over 97% of its 8.125% Senior Notes due 2028 have tendered their notes in response to the company’s tender offer. It accepted almost $685 million of these notes for payment using proceeds from the new 2033 notes issuance.

While we acknowledge the potential of NOG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NOG and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 15 Best Natural Gas and Oil Dividend Stocks to Buy Now and 12 Best LNG Stocks to Buy According to Hedge Funds

Disclosure: None.