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Northern Oil and Gas NYSE:NOG Stock Report

Last Price

US$42.05

Market Cap

US$4.3b

7D

-1.4%

1Y

27.2%

Updated

18 Apr, 2024

Data

Company Financials +

Northern Oil and Gas, Inc.

NYSE:NOG Stock Report

Market Cap: US$4.3b

NOG Stock Overview

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.

NOG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends2/6

Northern Oil and Gas, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Northern Oil and Gas
Historical stock prices
Current Share PriceUS$42.05
52 Week HighUS$43.64
52 Week LowUS$29.57
Beta1.88
1 Month Change7.54%
3 Month Change24.93%
1 Year Change27.19%
3 Year Change243.83%
5 Year Change50.18%
Change since IPO38.78%

Recent News & Updates

Why Investors Shouldn't Be Surprised By Northern Oil and Gas, Inc.'s (NYSE:NOG) Low P/E

Mar 30
Why Investors Shouldn't Be Surprised By Northern Oil and Gas, Inc.'s (NYSE:NOG) Low P/E

These 4 Measures Indicate That Northern Oil and Gas (NYSE:NOG) Is Using Debt Reasonably Well

Mar 11
These 4 Measures Indicate That Northern Oil and Gas (NYSE:NOG) Is Using Debt Reasonably Well

Recent updates

Why Investors Shouldn't Be Surprised By Northern Oil and Gas, Inc.'s (NYSE:NOG) Low P/E

Mar 30
Why Investors Shouldn't Be Surprised By Northern Oil and Gas, Inc.'s (NYSE:NOG) Low P/E

These 4 Measures Indicate That Northern Oil and Gas (NYSE:NOG) Is Using Debt Reasonably Well

Mar 11
These 4 Measures Indicate That Northern Oil and Gas (NYSE:NOG) Is Using Debt Reasonably Well

Northern Oil And Gas: Expecting Close To $500 Million In 2024 Free Cash Flow

Feb 24

Northern Oil And Gas: Bigger Yield, EPS Growth In '24, Monitoring The Chart

Jan 19

Northern Oil and Gas (NYSE:NOG) Has Announced That It Will Be Increasing Its Dividend To $0.40

Dec 13
Northern Oil and Gas (NYSE:NOG) Has Announced That It Will Be Increasing Its Dividend To $0.40

Northern Oil and Gas (NYSE:NOG) Is Increasing Its Dividend To $0.40

Nov 23
Northern Oil and Gas (NYSE:NOG) Is Increasing Its Dividend To $0.40

Northern Oil And Gas: Net Debt Should Be Reduced To $1.6 Billion By End Of 2023 (Rating Upgrade)

Nov 04

Northern Oil and Gas (NYSE:NOG) Will Pay A Larger Dividend Than Last Year At $0.40

Nov 03
Northern Oil and Gas (NYSE:NOG) Will Pay A Larger Dividend Than Last Year At $0.40

Northern Oil and Gas, Inc. (NYSE:NOG) Shares Could Be 42% Below Their Intrinsic Value Estimate

Oct 03
Northern Oil and Gas, Inc. (NYSE:NOG) Shares Could Be 42% Below Their Intrinsic Value Estimate

Northern Oil and Gas (NYSE:NOG) Will Pay A Larger Dividend Than Last Year At $0.38

Sep 12
Northern Oil and Gas (NYSE:NOG) Will Pay A Larger Dividend Than Last Year At $0.38

Northern Oil and Gas: Production May Exceed 110,000 BOEPD In Q4 2023

Aug 31

Northern Oil and Gas (NYSE:NOG) Is Increasing Its Dividend To $0.38

Aug 28
Northern Oil and Gas (NYSE:NOG) Is Increasing Its Dividend To $0.38

Northern Oil and Gas: A Buy Until The Music Stops, Again

Aug 24

Here's Why We Think Northern Oil and Gas (NYSE:NOG) Is Well Worth Watching

Aug 04
Here's Why We Think Northern Oil and Gas (NYSE:NOG) Is Well Worth Watching

A Look At The Fair Value Of Northern Oil and Gas, Inc. (NYSE:NOG)

Jul 04
A Look At The Fair Value Of Northern Oil and Gas, Inc. (NYSE:NOG)

Northern Oil and Gas: Big Company Revenue, Small Company Flexibility

Jun 15

A Look At The Fair Value Of Northern Oil and Gas, Inc. (NYSE:NOG)

Apr 05
A Look At The Fair Value Of Northern Oil and Gas, Inc. (NYSE:NOG)

Northern Oil & Gas Q4 2022 Earnings Preview

Feb 22

Northern Oil & Gas raises dividend by 13.3%

Feb 06

Northern Oil and Gas: Mascot Project Adds To 2024 Free Cash Flow

Jan 26

Is Northern Oil and Gas (NYSE:NOG) Using Too Much Debt?

Jan 02
Is Northern Oil and Gas (NYSE:NOG) Using Too Much Debt?

Northern Oil & Gas Non-GAAP EPS of $1.80 beats by $0.05, revenue of $791.64M beats by $374.37M

Nov 08

An Intrinsic Calculation For Northern Oil and Gas, Inc. (NYSE:NOG) Suggests It's 49% Undervalued

Oct 19
An Intrinsic Calculation For Northern Oil and Gas, Inc. (NYSE:NOG) Suggests It's 49% Undervalued

NOG prices upsized $435M private debt offering

Oct 12

News Flash: Analysts Just Made A Captivating Upgrade To Their Northern Oil and Gas, Inc. (NYSE:NOG) Forecasts

Sep 07
News Flash: Analysts Just Made A Captivating Upgrade To Their Northern Oil and Gas, Inc. (NYSE:NOG) Forecasts

Shareholder Returns

NOGUS Oil and GasUS Market
7D-1.4%-3.5%-3.7%
1Y27.2%11.1%20.2%

Return vs Industry: NOG exceeded the US Oil and Gas industry which returned 11.3% over the past year.

Return vs Market: NOG exceeded the US Market which returned 20.5% over the past year.

Price Volatility

Is NOG's price volatile compared to industry and market?
NOG volatility
NOG Average Weekly Movement3.4%
Oil and Gas Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
n/a38Nick O'Gradywww.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?
NOG fundamental statistics
Market capUS$4.25b
Earnings (TTM)US$922.97m
Revenue (TTM)US$1.75b

4.6x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOG income statement (TTM)
RevenueUS$1.75b
Cost of RevenueUS$347.01m
Gross ProfitUS$1.40b
Other ExpensesUS$476.92m
EarningsUS$922.97m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)9.13
Gross Margin80.14%
Net Profit Margin52.84%
Debt/Equity Ratio89.6%

How did NOG perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

15%

Payout Ratio
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