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NOG

NOG - Northern Oil and Gas Inc Stock Price, Fair Value and News

40.40USD-0.32 (-0.79%)Market Closed

Market Summary

NOG
USD40.40-0.32
Market Closed
-0.79%

NOG Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

NOG Stock Price

View Fullscreen

NOG RSI Chart

NOG Valuation

Market Cap

4.1B

Price/Earnings (Trailing)

6.92

Price/Sales (Trailing)

2.08

EV/EBITDA

4.99

Price/Free Cashflow

3.15

NOG Price/Sales (Trailing)

NOG Profitability

EBT Margin

34.05%

Return on Equity

29.69%

Return on Assets

12.83%

Free Cashflow Yield

31.74%

NOG Fundamentals

NOG Revenue

Revenue (TTM)

2.0B

Rev. Growth (Yr)

-31.92%

Rev. Growth (Qtr)

-50.05%

NOG Earnings

Earnings (TTM)

594.4M

Earnings Growth (Yr)

-96.59%

Earnings Growth (Qtr)

-97.02%

Breaking Down NOG Revenue

52 Week Range

40.87
(Low)(High)

Last 7 days

-0.1%

Last 30 days

-1.8%

Last 90 days

26.8%

Trailing 12 Months

27.3%

How does NOG drawdown profile look like?

NOG Financial Health

Current Ratio

0.96

NOG Investor Care

Shares Dilution (1Y)

18.38%

Diluted EPS (TTM)

6.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.0B000
20232.2B2.2B1.7B2.2B
2022887.7M1.3B1.7B2.1B
2021367.3M410.5M453.7M496.9M
2020986.1M765.4M544.8M324.1M
20190798.8M965.8M922.5M
2018210.1M212.1M272.7M678.9M
2017178.9M211.8M208.3M209.3M
2016230.8M221.9M165.9M144.9M
2015605.0M524.7M445.1M275.1M
2014348.8M390.3M501.3M625.6M
2013361.3M321.7M310.8M335.1M
2012207.4M275.8M287.5M328.6M
201173.3M102.0M130.7M159.4M
2010025.0M34.8M44.6M
200900015.2M
Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Northern Oil and Gas Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 15, 2022
rowling robert b.
sold
-7,514,970
38.18
-196,830
-
Nov 14, 2022
rowling robert b.
sold
-350,486
38.38
-9,132
-
Nov 11, 2022
rowling robert b.
sold
-9,774,450
37.45
-261,000
-
Jun 03, 2022
rowling robert b.
sold
-3,890,560
33.01
-117,860
-
Jun 02, 2022
rowling robert b.
sold
-5,999,570
32.9394
-182,140
-
Jun 01, 2022
rowling robert b.
sold
-13,304,100
33.2603
-400,000
-
Jan 05, 2022
rowling robert b.
sold
-
-
-342,200
-
Nov 18, 2021
cresta greenwood, llc
sold
-2,567,460
19.1
-134,422
-
Nov 18, 2021
rowling robert b.
sold
-9,550,000
19.1
-500,000
-
Jul 23, 2021
rowling robert b.
gifted
-
-
-677,488
-

1–10 of 50

Which funds bought or sold NOG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
MGB Wealth Management, LLC
unchanged
-
15,337
233,160
 0.10%
May 06, 2024
Advisory Services Network, LLC
sold off
-100
-20,903
-
 -%
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
sold off
-100
-572,000
-
 -%
May 06, 2024
Quantbot Technologies LP
reduced
-29.08
-811,002
2,556,620
 0.14%
May 06, 2024
TEXAS PERMANENT SCHOOL FUND CORP
added
1.11
240,930
3,169,760
 0.03%
May 06, 2024
Jefferies Financial Group Inc.
added
116
2,915,660
5,842,230
 0.04%
May 06, 2024
Oxbow Advisors, LLC
new
-
5,651,820
5,651,820
 0.78%
May 06, 2024
GREAT VALLEY ADVISOR GROUP, INC.
reduced
-11.74
-43,202
739,055
 0.02%
May 06, 2024
DiNuzzo Private Wealth, Inc.
reduced
-16.67
-24.00
199
 -%
May 06, 2024
Envestnet Portfolio Solutions, Inc.
reduced
-8.41
-8,007
402,090
 -%

1–10 of 44

Are Funds Buying or Selling NOG?

Are funds buying NOG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NOG
No. of Funds

NOG Alerts

Unveiling Northern Oil and Gas Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2024
capital world investors
0.0%
0
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 25, 2024
state street corp
5.34%
5,370,230
SC 13G/A
Jan 23, 2024
blackrock inc.
13.7%
13,809,066
SC 13G/A
Jan 10, 2024
vanguard group inc
10.53%
10,587,536
SC 13G
Aug 14, 2023
trt holdings inc
1.0%
3,140,640
SC 13D/A
Aug 04, 2023
trt holdings inc
7.4%
6,876,829
SC 13D/A
Apr 13, 2023
angelo gordon & co., l.p.
4.8%
4,127,601
SC 13D/A
Mar 08, 2023
blackrock inc.
12.8%
10,887,554
SC 13G/A
Feb 10, 2023
fmr llc
-
0
SC 13G/A

Recent SEC filings of Northern Oil and Gas Inc

View All Filings
Date Filed Form Type Document
May 03, 2024
4
Insider Trading
May 01, 2024
144
Notice of Insider Sale Intent
Apr 30, 2024
10-Q
Quarterly Report
Apr 30, 2024
8-K
Current Report
Apr 16, 2024
8-K
Current Report
Apr 11, 2024
DEF 14A
DEF 14A
Apr 11, 2024
DEFA14A
DEFA14A
Apr 09, 2024
4
Insider Trading
Apr 04, 2024
4
Insider Trading
Apr 04, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Northern Oil and Gas Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
XOM
458.2B
341.1B
 -4.26% 6.50%
13.97
1.34
 -16.75% -46.83%
CVX
300.4B
198.9B
 0.63% 1.91%
14.8
1.51
 -18.05% -43.28%
OXY
57.7B
27.7B
 -6.06% 10.33%
13.35
2.08
 -22.75% -55.41%
MRO
15.3B
6.6B
 -8.89% 18.54%
10.64
2.3
 -15.57% -47.38%
CHK
11.6B
6.4B
 -0.97% 13.18%
11
1.81
 -54.63% -85.10%
MID-CAP
RRC
9.1B
2.2B
 6.85% 46.78%
18.84
4.13
 -62.59% -77.29%
HP
3.8B
2.7B
 -12.05% 21.42%
10.8
1.39
 2.93% 8.77%
CNX
3.7B
2.5B
 -0.91% 56.11%
3.6
1.44
 -6.59% -31.79%
KOS
2.8B
1.7B
 2.04% -5.52%
12.73
1.64
 -15.13% -28.06%
CPE
2.4B
2.1B
 12.10% 1.07%
5.93
1.13
 -35.04% -60.65%
SMALL-CAP
AMPY
280.2M
307.6M
 3.50% 2.16%
0.71
0.91
 -32.91% 578.62%
AMTX
172.6M
186.7M
 -22.41% 78.41%
-3.72
0.92
 -27.21% 56.92%
BATL
92.7M
220.8M
 -13.23% -9.90%
-30.4
0.42
 -38.52% -116.44%
AE
71.5M
2.7B
 -4.78% -25.70%
337.3
0.03
 -18.46% -93.92%
BRN
28.6M
23.9M
 7.12% 5.54%
-10.53
1.2
 -21.86% -149.09%

Northern Oil and Gas Inc News

Latest updates
Defense World • 7 hours ago
Russell Investments Group Ltd. Has $7.18 Million Stock Position in Northern Oil and Gas, Inc. (NYSE:NOG)
Defense World • 8 hours ago
Northern Oil and Gas, Inc. (NYSE:NOG) Shares Sold by Victory Capital Management Inc.
Simply Wall St • 24 hours ago
Earnings Troubles May Signal Larger Issues for Northern Oil and Gas (NYSE:NOG) Shareholders
Defense World • 38 hours ago
Northern Oil and Gas (NYSE:NOG) Price Target Cut to $50.00 by Analysts at Citigroup
Yahoo Singapore News • 06 May 2024 • 08:50 am
Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Oils-Energy Names
Yahoo New Zealand News • 05 May 2024 • 12:00 pm
Are Investors Undervaluing Northern Oil and Gas (NOG) Right Now?
Defense World • 05 May 2024 • 06:22 am
Brokerages Set Northern Oil and Gas, Inc. (NYSE:NOG) Price Target at $47.40
Yahoo Canada Shine On • 04 May 2024 • 12:57 am
Northern Oil and Gas (NYSE:NOG) Is Increasing Its Dividend To $0.38
Yahoo Movies Canada • 03 May 2024 • 07:30 pm
Northern Oil and Gas (NOG) Outpaces Stock Market Gains: What You Should Know
Simply Wall St • 03 May 2024 • 01:01 pm
Northern Oil and Gas First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Northern Oil and Gas Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22018Q4
Revenue-50.1%39679431447758237079244145635826022615710247.0027750759.00234186443
Costs and Expenses11.2%34430927224222220318717115612910510086.0017926683311612211394.00-
Operating Expenses-------------------11394.0088.00
  S&GA Expenses19.3%11.0010.0012.0012.0013.0015.0010.008.0014.0010.005.008.007.004.005.005.005.008.004.005.005.00
EBITDA Margin-21.3%0.41*0.52*0.47*0.62*0.65*0.42*0.53*0.24*-0.05*0.13*-0.56*-1.22*---------
Interest Expenses3.9%38.0037.0037.0032.0030.0024.0020.0018.0018.0016.0015.0015.0014.0013.0015.0014.0017.0020.0022.0018.0020.00
Income Taxes-95.2%3.0059.00-20.6939.001.00-0.031.001.001.000.00-------0.17----0.05
Earnings Before Taxes-96.8%14.004485.00207341145585252-20517513.00-90.56-90.36-142-233-899368-10794.0044.00218
EBT Margin-26.3%0.34*0.46*0.40*0.58*0.61*0.38*0.48*0.18*-0.12*0.01*-0.68*-1.35*---------
Net Income-97.0%12.0038926.00168340145583251-20617513.00-90.56-90.36-142-233-899368-10794.0044.00218
Net Income Margin-29.6%0.30*0.43*0.39*0.56*0.60*0.38*0.48*0.18*-0.12*0.01*-0.68*-1.35*---------
Free Cashflow14.5%39234226330726928727621015413394.00106---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets3.3%4,6344,4844,3053,6653,3432,8752,4712,1922,0241,5231,2441,0928738721,0261,2632,2371,9051,9021,4941,396
  Current Assets-19.0%413509470386396320377383323215168140102126184205355133172133126
    Cash Equivalents296.2%32.008.0013.0015.006.003.009.001.003.0010.002.005.003.001.002.002.009.0016.002.003.004.00
  Net PPE7.0%4,2053,9323,7893,2172,9162,4832,0151,7711,6901,2531,0659307427358231,0091,7741,7491,6771,2931,241
Liabilities8.0%2,6322,4372,8972,2492,2952,1301,7622,0402,0601,3081,4021,2601,0541,0951,1091,1231,2281,3471,3881,1051,083
  Current Liabilities11.0%428386602379345345382636626328355301156182170179235203231233226
    LT Debt, Current--------------65.0065.0065.0065.00----
Shareholder's Equity-2.2%2,0022,0481,4081,4161,048745709153-215-----1411,009559514390313
  Retained Earnings14.9%-66.18-77.79-466-492-660-1,000-1,145-1,729-1,980-1,774-1,948-1,961-1,870-1,780-1,638-1,404-504-873-765-859-904
  Additional Paid-In Capital-2.7%2,0682,1251,8741,9081,7081,7461,8541,8811,9451,9891,7911,7931,6901,5571,5541,5441,5141,4311,2791,2491,216
Accumulated Depreciation3.8%4,7154,5424,3914,2584,1524,0583,9813,9163,8623,8093,7683,7323,7023,6713,5343,3042,5052,4432,3802,3252,279
Shares Outstanding0.3%10110193.0093.0085.0085.0078.0077.0077.0063.0060.0061.00---------
Float----3,100---1,900---1,100---266---548-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations14.5%39234226430826928727721015413394.0010663.0073.0056.0010210170.0071.0099.0099.00
  Share Based Compensation92.5%2.001.001.001.002.001.001.001.001.001.001.001.001.001.001.001.001.004.00-0.112.003.00
Cashflow From Investing-7.6%-407-378-612-410-461-544-312-128-417-269-151-160-52.67-34.37-59.04-86.01-104-151-226-113-77.91
Cashflow From Financing26.3%39.0031.0034711119525044.00-83.9225714454.0057.00-8.79-39.033.00-22.24-3.7195.0015513.00-19.41
  Dividend Payments13.8%40.0035.0034.0029.0025.0020.0015.0011.006.003.002.00----------
  Buy Backs-20.00---8.00-9.0013.00------------15.00
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NOG Income Statement

2024-03-31
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Revenue from Contract with Customer, Product and Service [Extensible Enumeration]Oil and Gas Sales, Other RevenuesOil and Gas Sales, Other Revenues
Gain (Loss) on Commodity Derivatives, Net$ (138,531)$ 153,656
Total Revenues396,348582,214
Operating Expenses  
Production Expenses105,44778,088
Production Taxes51,21034,918
General and Administrative Expenses11,39313,000
Depletion, Depreciation, Amortization, and Accretion173,95894,618
Other Expenses2,0191,001
Total Operating Expenses344,027221,625
Income From Operations52,321360,589
Other Income (Expense)  
Interest Expense, Net of Capitalization(37,925)(30,143)
Loss on Unsettled Interest Rate Derivatives, Net0(1,017)
Gain on Extinguishment of Debt, Net0659
Contingent Consideration Gain06,176
Other Income (Expense)564,619
Total Other Income (Expense)(37,869)(19,706)
Income Before Income Taxes14,452340,883
Income Tax Expense2,846692
Net Income$ 11,606$ 340,191
Net Income Per Common Share – Basic (in dollars per share)$ 0.12$ 4.01
Net Income Per Common Share - Diluted (in dollars per share)$ 0.11$ 3.98
Weighted Average Common Shares Outstanding – Basic (in shares)100,442,47284,915,729
Weighted Average Common Shares Outstanding - Diluted (in shares)101,636,13285,407,197
Oil and Gas Sales  
Revenues  
Oil and Gas Sales$ 532,041$ 426,234
Other Revenues  
Revenues  
Oil and Gas Sales$ 2,838$ 2,324

NOG Balance Sheet

2024-03-31
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:  
Cash and Cash Equivalents$ 32,468$ 8,195
Accounts Receivable, Net331,119370,531
Advances to Operators6,79449,210
Prepaid Expenses and Other2,5662,489
Derivative Instruments36,71075,733
Income Tax Receivable3,1393,249
Total Current Assets412,796509,407
Oil and Natural Gas Properties, Full Cost Method of Accounting  
Proved8,877,9668,428,518
Unproved34,50736,785
Other Property and Equipment8,1208,069
Total Property and Equipment8,920,5938,473,372
Less – Accumulated Depreciation, Depletion and Impairment(4,715,097)(4,541,808)
Total Property and Equipment, Net4,205,4963,931,563
Derivative Instruments1,07010,725
Acquisition Deposit017,094
Other Noncurrent Assets, Net14,43915,466
Total Assets4,633,8014,484,255
Current Liabilities:  
Accounts Payable156,233192,672
Accrued Liabilities161,507147,943
Accrued Interest28,04426,219
Derivative Instruments80,29016,797
Other Current Liabilities1,9362,130
Total Current Liabilities428,010385,761
Long-term Debt, Net1,938,7311,835,554
Deferred Tax Liability71,24968,488
Derivative Instruments151,308105,831
Asset Retirement Obligations39,89938,203
Other Noncurrent Liabilities2,6252,741
Total Liabilities2,631,8222,436,578
Commitments and Contingencies
Stockholders’ Equity  
Common Stock, Par Value $.001; 135,000,000 Shares Authorized; 101,044,071 Shares Outstanding at 3/31/2024 100,761,148 Shares Outstanding at 12/31/2023503503
Additional Paid-In Capital2,067,6602,124,963
Retained Deficit(66,183)(77,790)
Total Stockholders’ Equity2,001,9802,047,676
Total Liabilities and Stockholders’ Equity$ 4,633,801$ 4,484,255

About Northern Oil and Gas Inc

NOG
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.
 WEBSITEnorthernoil.com
 INDUSTRYOil - E&P
 EMPLOYEES33

Northern Oil and Gas Inc Frequently Asked Questions

What is the ticker symbol for Northern Oil and Gas Inc? What does NOG stand for in stocks?

NOG is the stock ticker symbol of Northern Oil and Gas Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Northern Oil and Gas Inc (NOG)?

As of Tue May 07 2024, market cap of Northern Oil and Gas Inc is 4.11 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NOG stock?

You can check NOG's fair value in chart for subscribers.

What is the fair value of NOG stock?

You can check NOG's fair value in chart for subscribers. The fair value of Northern Oil and Gas Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Northern Oil and Gas Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NOG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Northern Oil and Gas Inc a good stock to buy?

The fair value guage provides a quick view whether NOG is over valued or under valued. Whether Northern Oil and Gas Inc is cheap or expensive depends on the assumptions which impact Northern Oil and Gas Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NOG.

What is Northern Oil and Gas Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, NOG's PE ratio (Price to Earnings) is 6.92 and Price to Sales (PS) ratio is 2.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NOG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Northern Oil and Gas Inc's stock?

In the past 10 years, Northern Oil and Gas Inc has provided -0.117 (multiply by 100 for percentage) rate of return.