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. More Details
Reasonable growth potential and slightly overvalued.
Share Price & News
How has Northern Oil and Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NOG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: NOG's weekly volatility (8%) has been stable over the past year.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: NOG exceeded the US Oil and Gas industry which returned 35.8% over the past year.
Return vs Market: NOG exceeded the US Market which returned 38.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Northern Oil and Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StWhat Kind Of Investors Own Most Of Northern Oil and Gas, Inc. (NYSEMKT:NOG)?
4 months ago | Simply Wall StAnalysts Are Betting On Northern Oil and Gas, Inc. (NYSEMKT:NOG) With A Big Upgrade This Week
4 months ago | Simply Wall StRobert Rowling Just Bought 101% More Shares In Northern Oil and Gas, Inc. (NYSEMKT:NOG)
Is Northern Oil and Gas undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NOG ($19.06) is trading below our estimate of fair value ($34.97)
Significantly Below Fair Value: NOG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NOG is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: NOG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NOG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NOG has negative assets, so we can't compare its PB Ratio to the US Oil and Gas industry average.
How is Northern Oil and Gas forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: NOG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NOG's is expected to become profitable in the next 3 years.
Revenue vs Market: NOG's revenue (11.8% per year) is forecast to grow faster than the US market (9.5% per year).
High Growth Revenue: NOG's revenue (11.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NOG's Return on Equity is forecast to be high in 3 years time
How has Northern Oil and Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NOG is currently unprofitable.
Growing Profit Margin: NOG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NOG is unprofitable, and losses have increased over the past 5 years at a rate of 10.2% per year.
Accelerating Growth: Unable to compare NOG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NOG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-42.9%).
Return on Equity
High ROE: NOG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Northern Oil and Gas's financial position?
Financial Position Analysis
Short Term Liabilities: NOG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NOG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NOG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NOG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NOG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NOG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.8% per year.
What is Northern Oil and Gas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NOG's dividend (0.63%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: NOG's dividend (0.63%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: NOG is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: NOG is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NOG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nick O'Grady (41 yo)
Mr. Nicholas L. O'Grady, also known as Nick, has been the Chief Executive Officer at Northern Oil and Gas, Inc., since January 1, 2020. Mr. O'Grady served as President at Northern Oil and Gas, Inc. since S...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD1.39M) is below average for companies of similar size in the US market ($USD3.73M).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
Experienced Management: NOG's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: NOG's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 60.4%.
Northern Oil and Gas, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Northern Oil and Gas, Inc.
- Ticker: NOG
- Exchange: NYSEAM
- Founded: NaN
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$1.240b
- Shares outstanding: 65.05m
- Website: https://www.northernoil.com
Number of Employees
- Northern Oil and Gas, Inc.
- 601 Carlson Parkway
- Suite 990
- United States
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. T...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/20 22:36|
|End of Day Share Price||2021/06/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.