Northern Oil & Gas Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $41.4
- Today's High:
- $42.09
- Open Price:
- $41.4
- 52W Low:
- $23.2101
- 52W High:
- $43.64
- Prev. Close:
- $41.19
- Volume:
- 1216451
Company Statistics
- Market Cap.:
- $3.83 billion
- Book Value:
- 15.266
- Revenue TTM:
- $1.68 billion
- Operating Margin TTM:
- 82.47%
- Gross Profit TTM:
- $1.57 billion
- Profit Margin:
- 73.81%
- Return on Assets TTM:
- 29.49%
- Return on Equity TTM:
- 157.68%
Company Profile
Northern Oil & Gas Inc had its IPO on 2007-04-13 under the ticker symbol NOG.
The company operates in the Energy sector and Oil & Gas E&P industry. Northern Oil & Gas Inc has a staff strength of 33 employees.
Stock update
Shares of Northern Oil & Gas Inc opened at $41.4 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $41.4 - $42.09, and closed at $41.94.
This is a +1.82% increase from the previous day's closing price.
A total volume of 1,216,451 shares were traded at the close of the day’s session.
In the last one week, shares of Northern Oil & Gas Inc have slipped by -2.44%.
Northern Oil & Gas Inc's Key Ratios
Northern Oil & Gas Inc has a market cap of $3.83 billion, indicating a price to book ratio of 3.7425 and a price to sales ratio of 1.5942.
In the last 12-months Northern Oil & Gas Inc’s revenue was $1.68 billion with a gross profit of $1.57 billion and an EBITDA of $1.72 billion. The EBITDA ratio measures Northern Oil & Gas Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Northern Oil & Gas Inc’s operating margin was 82.47% while its return on assets stood at 29.49% with a return of equity of 157.68%.
In Q2, Northern Oil & Gas Inc’s quarterly earnings growth was a negative -31.4% while revenue growth was a negative 24.5%.
Northern Oil & Gas Inc’s PE and PEG Ratio
- Forward PE
- 3.0488
- Trailing PE
- 2.827
- PEG
- 0.0782
Its diluted EPS in the last 12-months stands at $14.57 per share while it has a forward price to earnings multiple of 3.0488 and a PEG multiple of 0.0782. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Northern Oil & Gas Inc’s profitability.
Northern Oil & Gas Inc stock is trading at a EV to sales ratio of 2.0368 and a EV to EBITDA ratio of 3.4816. Its price to sales ratio in the trailing 12-months stood at 1.5942.
Northern Oil & Gas Inc stock pays annual dividends of $1.26 per share, indicating a yield of 3.69% and a payout ratio of 21.45%.
Balance sheet and cash flow metrics
- Total Assets
- $3.66 billion
- Total Liabilities
- $378.75 million
- Operating Cash Flow
- $-871380000.00
- Capital Expenditure
- $372.66 million
- Dividend Payout Ratio
- 21.45%
Northern Oil & Gas Inc ended 2024 with $3.66 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.66 billion while shareholder equity stood at $1.42 billion.
Northern Oil & Gas Inc ended 2024 with $0 in deferred long-term liabilities, $378.75 million in other current liabilities, 495000.00 in common stock, $-492753000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $14.81 million and cash and short-term investments were $14.81 million. The company’s total short-term debt was $0 while long-term debt stood at $1.67 billion.
Northern Oil & Gas Inc’s total current assets stands at $385.75 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $265.54 million compared to accounts payable of $154.02 million and inventory worth $102.92 million.
In 2024, Northern Oil & Gas Inc's operating cash flow was $-871380000.00 while its capital expenditure stood at $372.66 million.
Comparatively, Northern Oil & Gas Inc paid $0.21 in dividends in 2024.
Other key metrics
- Current Trading Price
- $41.94
- 52-Week High
- $43.64
- 52-Week Low
- $23.2101
- Analyst Target Price
- $46.33
Northern Oil & Gas Inc stock is currently trading at $41.94 per share. It touched a 52-week high of $43.64 and a 52-week low of $43.64. Analysts tracking the stock have a 12-month average target price of $46.33.
Its 50-day moving average was $39.28 and 200-day moving average was $33.32 The short ratio stood at 6.72 indicating a short percent outstanding of 0%.
Around 1236.7% of the company’s stock are held by insiders while 9242.1% are held by institutions.
Frequently Asked Questions About Northern Oil & Gas Inc
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About
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.