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Northern Oil And Gas (NOG)
NYSE:NOG
Holding NOG?
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NOG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$31.13 - $43.80
Previous Close$41.57
Volume1.03M
Average Volume (3M)1.26M
Market Cap
$4.10B
Enterprise Value$6.02B
Total Cash (Recent Filing)$34.36M
Total Debt (Recent Filing)$1.95B
Price to Earnings (P/E)4.9
Beta0.92
Next Earnings
Feb 20, 2025EPS Estimate
$1.29Last Dividend Ex-Date
Sep 27, 2024Dividend Yield3.94%
Share Statistics
EPS (TTM)8.33
Shares Outstanding99,825,164
10 Day Avg. Volume992,806
30 Day Avg. Volume1,261,474
Standard Deviation0.19
R-Squared0.24
Alpha0.00948
Financial Highlights & Ratios
Price to Book (P/B)1.79
Price to Sales (P/S)1.90
Price to Cash Flow (P/CF)2.70
P/FCF Ratio262.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.51
Enterprise Value/Gross Profit6.59
Enterprise Value/Ebitda3.33
Forecast
1Y Price Target
$46.06Price Target Upside8.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Northern Oil And Gas News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceNOG reported adjusted cash flow of approximately $377.1 million, surpassing both consensus and analyst estimates, driven by solid operational metrics.
Shareholder ReturnsNOG increased its quarterly base dividend by about 5% to $0.42 per share, offering a yield significantly higher than its E&P peers.
Strategic AcquisitionsNOG's Ground Game quarter exceeded expectations with multiple acquisitions, demonstrating a strong focus on deals with high returns on investment.
Bears Say
Earnings ImpactWeak gas & NGL prices and an uptick in LOE from higher Permian production will weigh on earnings.
Macroeconomic EnvironmentAnalyst recommendation is balanced against an uncertain macroeconomic environment.
Production And PricingTotal volumes were down approximately 1% quarter-over-quarter, reflecting reduced gas-directed activity in Appalachia.
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Ownership Overview
2.83% Insiders
36.37% Mutual Funds
22.50% Other Institutional Investors
6.37% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NOG FAQ
What was Northern Oil And Gas’s price range in the past 12 months?
Northern Oil And Gas lowest stock price was $31.13 and its highest was $43.80 in the past 12 months.
What is Northern Oil And Gas’s market cap?
Currently, no data Available
When is Northern Oil And Gas’s upcoming earnings report date?
Northern Oil And Gas’s upcoming earnings report date is Feb 20, 2025 which is in 89 days.
How were Northern Oil And Gas’s earnings last quarter?
Northern Oil And Gas released its earnings results on Nov 05, 2024. The company reported $1.4 earnings per share for the quarter, beating the consensus estimate of $1.196 by $0.204.
Is Northern Oil And Gas overvalued?
According to Wall Street analysts Northern Oil And Gas’s price is currently Undervalued.
Does Northern Oil And Gas pay dividends?
Northern Oil And Gas pays a Quarterly dividend of $0.42 which represents an annual dividend yield of 3.94%. See more information on Northern Oil And Gas dividends here
What is Northern Oil And Gas’s EPS estimate?
Northern Oil And Gas’s EPS estimate is $1.29.
How many shares outstanding does Northern Oil And Gas have?
Northern Oil And Gas has 99,825,165 shares outstanding.
What happened to Northern Oil And Gas’s price movement after its last earnings report?
Northern Oil And Gas reported an EPS of $1.4 in its last earnings report, beating expectations of $1.196. Following the earnings report the stock price went up 11.697%.
Which hedge fund is a major shareholder of Northern Oil And Gas?
Among the largest hedge funds holding Northern Oil And Gas’s share is Bridgewater Associates, LP. It holds Northern Oil And Gas’s shares valued at 18M.
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Northern Oil And Gas Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$46.06 (8.79% Upside)
$46.06 (8.79% Upside)
Blogger Sentiment
Neutral
NOG Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 232.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 2.8%
Last 30 Days ▲ 6.7%
Last 30 Days ▲ 6.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.99%
12-Months-Change
Fundamentals
Return on Equity
45.01%
Trailing 12-Months
Asset Growth
17.44%
Trailing 12-Months
Company Description
Northern Oil And Gas
Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. It focuses on the Bakken and Three Forks formation within the Williston Basin in North Dakota and Montana. The company was founded on March 20, 2007 and is headquartered in Minnetonka, MN.
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NOG Company Deck
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NOG Earnings Call
Q3 2024
0:00 / 0:00
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NOG Stock 12 Month Forecast
Average Price Target
$46.06
▲(8.79% Upside)
Technical Analysis
Best Analysts Covering NOG
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+53.01%
reiterated a buy rating last month
Copying John M. White's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +53.01% per trade.
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