Northern Oil and Gas Past Earnings Performance
Past criteria checks 5/6
Northern Oil and Gas has been growing earnings at an average annual rate of 49.7%, while the Oil and Gas industry saw earnings growing at 30.6% annually. Revenues have been growing at an average rate of 33.8% per year. Northern Oil and Gas's return on equity is 36.2%, and it has net margins of 41.9%.
Key information
49.7%
Earnings growth rate
43.6%
EPS growth rate
| Oil and Gas Industry Growth | 37.3% |
| Revenue growth rate | 33.8% |
| Return on equity | 36.2% |
| Net Margin | 41.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Northern Oil and Gas makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 2,000 | 837 | 44 | 0 |
| 30 Jun 24 | 1,971 | 565 | 35 | 0 |
| 31 Mar 24 | 1,837 | 594 | 35 | 0 |
| 31 Dec 23 | 1,747 | 923 | 36 | 0 |
| 30 Sep 23 | 1,655 | 667 | 38 | 0 |
| 30 Jun 23 | 1,675 | 1,222 | 46 | 0 |
| 31 Mar 23 | 1,799 | 1,292 | 42 | 0 |
| 31 Dec 22 | 1,828 | 728 | 35 | 0 |
| 30 Sep 22 | 1,727 | 766 | 34 | 0 |
| 30 Jun 22 | 1,475 | 194 | 31 | 0 |
| 31 Mar 22 | 1,176 | -139 | 33 | 0 |
| 31 Dec 21 | 898 | -8 | 30 | 0 |
| 30 Sep 21 | 681 | -326 | 24 | 0 |
| 30 Jun 21 | 508 | -571 | 23 | 0 |
| 31 Mar 21 | 320 | -1,380 | 18 | 0 |
| 31 Dec 20 | 294 | -921 | 19 | 0 |
| 30 Sep 20 | 349 | -884 | 22 | 0 |
| 30 Jun 20 | 425 | -553 | 19 | 0 |
| 31 Mar 20 | 542 | 394 | 20 | 0 |
| 31 Dec 19 | 543 | -77 | 24 | 0 |
| 30 Sep 19 | 537 | 250 | 19 | 0 |
| 30 Jun 19 | 527 | 175 | 21 | 0 |
| 31 Mar 19 | 490 | 34 | 19 | 0 |
| 31 Dec 18 | 449 | 144 | 15 | 0 |
| 30 Sep 18 | 376 | -98 | 13 | 0 |
| 30 Jun 18 | 293 | -134 | 12 | 0 |
| 31 Mar 18 | 238 | -23 | 13 | 0 |
| 31 Dec 17 | 203 | -9 | 15 | 0 |
| 30 Sep 17 | 180 | 2 | 16 | 0 |
| 30 Jun 17 | 169 | -27 | 14 | 0 |
| 31 Mar 17 | 163 | -150 | 14 | 0 |
| 31 Dec 16 | 144 | -293 | 15 | 0 |
| 30 Sep 16 | 137 | -453 | 17 | 0 |
| 30 Jun 16 | 144 | -731 | 19 | 0 |
| 31 Mar 16 | 162 | -872 | 19 | 0 |
| 31 Dec 15 | 181 | -975 | 19 | 0 |
| 30 Sep 15 | 231 | -699 | 18 | 0 |
| 30 Jun 15 | 293 | -318 | 18 | 0 |
| 31 Mar 15 | 346 | -73 | 17 | 0 |
| 31 Dec 14 | 388 | 164 | 18 | 0 |
| 30 Sep 14 | 393 | 78 | 17 | 0 |
| 30 Jun 14 | 383 | 21 | 17 | 0 |
| 31 Mar 14 | 346 | 51 | 17 | 0 |
| 31 Dec 13 | 334 | 53 | 17 | 0 |
Quality Earnings: 4LT1 has high quality earnings.
Growing Profit Margin: 4LT1's current net profit margins (41.9%) are higher than last year (40.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 4LT1 has become profitable over the past 5 years, growing earnings by 49.7% per year.
Accelerating Growth: 4LT1's earnings growth over the past year (25.5%) is below its 5-year average (49.7% per year).
Earnings vs Industry: 4LT1 earnings growth over the past year (25.5%) exceeded the Oil and Gas industry -28.6%.
Return on Equity
High ROE: 4LT1's Return on Equity (36.2%) is considered high.