Northern Oil and Gas (DB:4LT1) - Stock Price, News & Analysis

4LT1 Stock Overview

4LT1 fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	2/6
Past Performance	2/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 45.7% below our estimate of its fair value

Revenue is forecast to grow 5.75% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 23%

Risk Analysis

Earnings are forecast to decline by an average of 0.6% per year for the next 3 years

High level of non-cash earnings

Profit margins (32.4%) are lower than last year (71.8%)

Has a high level of debt

+ 2 more risks

Northern Oil and Gas, Inc. Competitors

Deutsche Rohstoff

XTRA:DR0

€218.9m

Verbio

XTRA:VBK

€1.3b

CropEnergies

HMSE:CE2

€1.0b

CropEnergies

XTRA:CE2

€1.0b

Price History & Performance

Summary of all time highs, changes and price drops for Northern Oil and Gas
Historical stock prices
Current Share Price	US$37.58
52 Week High	US$40.53
52 Week Low	US$27.52
Beta	1.88
1 Month Change	-2.89%
3 Month Change	25.69%
1 Year Change	31.58%
3 Year Change	205.03%
5 Year Change	84.58%
Change since IPO	-16.49%

Recent updates

Shareholder Returns

	4LT1	DE Oil and Gas	DE Market
7D	1.0%	0.7%	1.9%
1Y	31.6%	-25.8%	4.6%

Return vs Industry: 4LT1 exceeded the German Oil and Gas industry which returned -25.8% over the past year.

Return vs Market: 4LT1 exceeded the German Market which returned 4.6% over the past year.

Price Volatility

Is 4LT1's price volatile compared to industry and market?
4LT1 volatility
4LT1 Average Weekly Movement	3.5%
Oil and Gas Industry Average Movement	4.8%
Market Average Movement	5.0%
10% most volatile stocks in DE Market	10.4%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 4LT1 has not had significant price volatility in the past 3 months.

Volatility Over Time: 4LT1's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	38	Nick O'Grady	www.noginc.com

Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. It primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. The company is based in Minnetonka, Minnesota.

Northern Oil and Gas, Inc. Fundamentals Summary

How do Northern Oil and Gas's earnings and revenue compare to its market cap?
4LT1 fundamental statistics
Market cap	€3.78b
Earnings (TTM)	€553.13m
Revenue (TTM)	€1.71b

6.8x

P/E Ratio

2.2x

P/S Ratio

Is 4LT1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
4LT1 income statement (TTM)
Revenue	US$1.84b
Cost of Revenue	US$374.37m
Gross Profit	US$1.46b
Other Expenses	US$868.17m
Earnings	US$594.38m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	5.91
Gross Margin	79.62%
Net Profit Margin	32.36%
Debt/Equity Ratio	96.8%

How did 4LT1 perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

25%

Payout Ratio

Does 4LT1 pay a reliable dividends?

See 4LT1 dividend history and benchmarks

When do you need to buy 4LT1 by to receive an upcoming dividend?
Northern Oil and Gas dividend dates
Ex Dividend Date	Jun 27 2024
Dividend Pay Date	Jul 31 2024
Days until Ex dividend	48 days
Days until Dividend pay date	82 days

Does 4LT1 pay a reliable dividends?

See 4LT1 dividend history and benchmarks

4LT1 Stock Overview

Rewards

Risk Analysis

Northern Oil and Gas, Inc. Competitors

XTRA:DR0

€218.9m

XTRA:VBK

€1.3b

HMSE:CE2

€1.0b

XTRA:CE2

€1.0b

Price History & Performance

Recent News & Updates

First quarter dividend of US$0.40 announced

Northern Oil and Gas, Inc. Declares Quarterly Cash Dividend, Payable on July 31, 2024

Northern Oil and Gas, Inc. Reiterates Production Guidance for the Full Year of 2024

First quarter 2024 earnings released: EPS: US$0.12 (vs US$4.01 in 1Q 2023)

Northern Oil and Gas, Inc., Annual General Meeting, May 23, 2024

Northern Oil and Gas, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Recent updates

First quarter dividend of US$0.40 announced

Northern Oil and Gas, Inc. Declares Quarterly Cash Dividend, Payable on July 31, 2024

Northern Oil and Gas, Inc. Reiterates Production Guidance for the Full Year of 2024

First quarter 2024 earnings released: EPS: US$0.12 (vs US$4.01 in 1Q 2023)

Northern Oil and Gas, Inc., Annual General Meeting, May 23, 2024

Northern Oil and Gas, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Upcoming dividend of US$0.40 per share

Full year 2023 earnings released: EPS: US$10.09 (vs US$9.26 in FY 2022)

Northern Oil and Gas, Inc. Provides Production Guidance for the Fourth Quarter of 2023 and Full Year of 2024

New major risk - Revenue and earnings growth

Third quarter dividend of US$0.40 announced

Northern Oil and Gas, Inc. (NYSE:NOG) completed the acquisition of Non-Operated Interests in Jefferson, Harrison, Belmont, and Monroe Counties, Ohio.

Northern Oil and Gas, Inc. (NYSE:NOG) completed the acquisition of Non-Operated Interests in Jefferson, Harrison, Belmont, and Monroe Counties, Ohio.

Northern Oil and Gas, Inc. to Report Q4, 2023 Results on Feb 22, 2024

Upcoming dividend of US$0.40 per share at 4.2% yield

Key Executive recently sold €413k worth of stock

Northern Oil and Gas, Inc. (NYSE:NOG) entered into an agreement to acquire Non-Operated Interests in Jefferson, Harrison, Belmont, and Monroe Counties, Ohio

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: US$0.28 (vs US$7.39 in 3Q 2022)

Northern Oil and Gas, Inc. Revises Production Guidance for the Year 2023

Northern Oil and Gas, Inc. Declares Quarterly Cash Dividend, Payable on January 31, 2024

Chief Financial Officer recently sold €291k worth of stock

Northern Oil and Gas, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Northern Oil and Gas, Inc. has completed a Follow-on Equity Offering in the amount of $252.7 million.

Upcoming dividend of US$0.38 per share at 3.8% yield

Chief Legal Officer & Secretary recently sold €284k worth of stock

Key Executive recently sold €4.2m worth of stock

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: US$1.89 (vs US$3.08 in 2Q 2022)

Northern Oil and Gas, Inc. Declares Quarterly Cash Dividend, Payable on October 31, 2023

Chief Executive Officer recently sold €800k worth of stock

Northern Oil and Gas, Inc. Provides Production Guidance for the Third Quarter and Full Year 2023

Northern Oil and Gas, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Upcoming dividend of US$0.37 per share at 4.5% yield

Northern Oil and Gas, Inc. has completed a Follow-on Equity Offering in the amount of $199.5 million.

Northern Oil and Gas, Inc. Reaffirms Production Guidance for Full Year 2023

First quarter 2023 earnings released: EPS: US$4.01 (vs US$2.92 loss in 1Q 2022)

Now 20% undervalued

Upcoming dividend of US$0.34 per share at 4.8% yield

Investor sentiment deteriorates as stock falls 15%

Full year 2022 earnings released: EPS: US$9.26 (vs US$0.13 loss in FY 2021)

Northern Oil and Gas, Inc. Provides Production Guidance for the Fourth Quarter and Full Year of Fiscal 2022

Northern Oil and Gas, Inc. to Report Q4, 2022 Results on Feb 23, 2023

Upcoming dividend of US$0.30 per share

Northern Oil and Gas, Inc. (NYSE:NOG) completed the acquisition of Core non-operated working interest properties in the Northern Delaware Basin from Alpha Energy Partners, LLC.

Independent Chairman of the Board recently sold €2.0m worth of stock

Third quarter 2022 earnings released: EPS: US$7.39 (vs US$0.14 in 3Q 2021)

Northern Oil and Gas, Inc. Revises Production Guidance for the Year 2022

Northern Oil and Gas, Inc. Declares Quarterly Cash Dividend, Payable on January 31, 2023

Northern Oil and Gas, Inc. to Report Q3, 2022 Results on Nov 08, 2022

Northern Oil and Gas, Inc. (NYSE:NOG) entered into a definitive agreement to acquire a 36.7% working interest in Mascot Project in Midland Basin from Midland-Petro D.C. Partners, Llc and Collegiate Midstream LLC for approximately $330 million.

Northern Oil and Gas, Inc. (NYSE:NOG) agreed to acquire additional core non-operated interests in Northern Delaware Basin for $130 million.

Investor sentiment improved over the past week

Northern Oil and Gas, Inc. (NYSE:NOG) has entered into a definitive agreement to acquire Core non-operated working interest properties in the Northern Delaware Basin from Alpha Energy Partners, LLC for approximately $160 million.

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.25 per share

Northern Oil and Gas, Inc. (NYSE:NOG) entered into a purchase and sale agreement to acquire Howard County Non-Operated Properties of Laredo Petroleum, Inc. (NYSE:LPI) for approximately $110 million.

Northern Oil and Gas, Inc. (NYSE:NOG) completed the acquisition of Working Interest Properties in the Williston Basin.

Second quarter 2022 earnings released: EPS: US$1.45 (vs US$1.55 loss in 2Q 2021)