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Northern Oil and Gas NYSE:NOG Stock Report

Last Price

US$43.20

Market Cap

US$4.3b

7D

6.7%

1Y

15.0%

Updated

24 Nov, 2024

Data

Company Financials +

Northern Oil and Gas, Inc.

NYSE:NOG Stock Report

Market Cap: US$4.3b

NOG Stock Overview

An independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. More details

NOG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
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$43.20
52 Week HighUS$43.80
52 Week LowUS$31.13
Beta1.81
11 Month Change15.76%
3 Month Change7.49%
1 Year Change14.95%
33 Year Change110.22%
5 Year Change142.70%
Change since IPO42.57%

Recent News & Updates

We Think Northern Oil and Gas (NYSE:NOG) Is Taking Some Risk With Its Debt

Nov 06
We Think Northern Oil and Gas (NYSE:NOG) Is Taking Some Risk With Its Debt

Northern Oil And Gas: Acquisitions Boost Oil Production By More Than 15%

Oct 04

Recent updates

We Think Northern Oil and Gas (NYSE:NOG) Is Taking Some Risk With Its Debt

Nov 06
We Think Northern Oil and Gas (NYSE:NOG) Is Taking Some Risk With Its Debt

Northern Oil And Gas: Acquisitions Boost Oil Production By More Than 15%

Oct 04

Northern Oil and Gas' (NYSE:NOG) Dividend Will Be Increased To $0.42

Sep 20
Northern Oil and Gas' (NYSE:NOG) Dividend Will Be Increased To $0.42

Northern Oil and Gas: Stronger Positioning, But Commodity Prices Could Drag

Sep 12

Northern Oil and Gas' (NYSE:NOG) Upcoming Dividend Will Be Larger Than Last Year's

Aug 27
Northern Oil and Gas' (NYSE:NOG) Upcoming Dividend Will Be Larger Than Last Year's

Northern Oil and Gas' (NYSE:NOG) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 10
Northern Oil and Gas' (NYSE:NOG) Shareholders Will Receive A Bigger Dividend Than Last Year

Is Northern Oil and Gas (NYSE:NOG) A Risky Investment?

Jul 16
Is Northern Oil and Gas (NYSE:NOG) A Risky Investment?

Is Northern Oil and Gas, Inc. (NYSE:NOG) Trading At A 47% Discount?

Jun 16
Is Northern Oil and Gas, Inc. (NYSE:NOG) Trading At A 47% Discount?

Northern Oil and Gas Now Appears To Be Near Fair Valuation (Rating Downgrade)

May 22

Earnings Troubles May Signal Larger Issues for Northern Oil and Gas (NYSE:NOG) Shareholders

May 07
Earnings Troubles May Signal Larger Issues for Northern Oil and Gas (NYSE:NOG) Shareholders

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

Shareholder Returns

NOGUS Oil and GasUS Market
7D6.7%3.5%2.2%
1Y15.0%17.5%31.6%

Return vs Industry: NOG underperformed the US Oil and Gas industry which returned 17.4% over the past year.

Return vs Market: NOG underperformed the US Market which returned 31.7% over the past year.

Price Volatility

Is NOG's price volatile compared to industry and market?
NOG volatility
NOG Average Weekly Movement5.5%
Oil and Gas Industry Average Movement5.5%
Market Average Movement6.3%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: NOG's weekly volatility (5%) 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$4.29b
Earnings (TTM)US$837.46m
Revenue (TTM)US$2.00b

5.1x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOG income statement (TTM)
RevenueUS$2.00b
Cost of RevenueUS$415.27m
Gross ProfitUS$1.59b
Other ExpensesUS$747.60m
EarningsUS$837.46m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)8.43
Gross Margin79.24%
Net Profit Margin41.87%
Debt/Equity Ratio84.4%

How did NOG perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

19%

Payout Ratio