Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 2.22B | 2.16B | 1.91B | 1.99B | 975.09M | 324.07M |
Gross Profit | 833.32M | 835.98M | 913.86M | 1.32B | 586.49M | 15.83M |
EBITDA | 1.77B | 1.58B | 1.62B | 1.11B | 206.44M | -685.58M |
Net Income | 608.71M | 520.31M | 922.97M | 773.24M | 6.36M | -906.04M |
Balance Sheet | ||||||
Total Assets | 5.70B | 5.60B | 4.48B | 2.88B | 1.52B | 872.09M |
Cash, Cash Equivalents and Short-Term Investments | 25.86M | 8.93M | 8.20M | 2.53M | 9.52M | 1.43M |
Total Debt | 2.37B | 2.37B | 1.84B | 1.53B | 803.44M | 944.84M |
Total Liabilities | 3.29B | 3.28B | 2.44B | 2.13B | 1.31B | 1.10B |
Stockholders Equity | 2.41B | 2.32B | 2.05B | 745.26M | 215.13M | -223.30M |
Cash Flow | ||||||
Free Cash Flow | -233.33M | -283.19M | -661.93M | -431.36M | -197.32M | 47.76M |
Operating Cash Flow | 1.45B | 1.41B | 1.18B | 928.42M | 396.47M | 331.69M |
Investing Cash Flow | -1.64B | -1.67B | -1.86B | -1.40B | -634.43M | -283.93M |
Financing Cash Flow | 208.81M | 266.83M | 684.69M | 467.37M | 246.06M | -62.40M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
74 Outperform | $2.54B | 3.47 | 11.31% | 7.30% | 0.24% | -9.19% | |
72 Outperform | $2.44B | 3.01 | 19.27% | 3.90% | 28.20% | 1.63% | |
70 Outperform | $2.67B | 10.93 | 24.31% | 11.09% | -8.06% | -22.61% | |
68 Neutral | $2.08B | 3.51 | 27.17% | 8.27% | 2.98% | 7.94% | |
68 Neutral | $2.03B | ― | 0.70% | 5.96% | 32.84% | -755.17% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
57 Neutral | $1.81B | ― | -1.36% | ― | 13.20% | 55.44% |
On October 1, 2025, Northern Oil and Gas, Inc. issued $725 million in 7.875% Senior Notes due 2033, with interest payable semi-annually starting April 2026. The company also announced the results of its tender offer for its 8.125% Senior Notes due 2028, accepting $684.943 million of these notes for payment using proceeds from the new 2033 Notes issuance. This financial maneuver is expected to impact the company’s debt structure and potentially improve its financial flexibility.
The most recent analyst rating on (NOG) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Northern Oil And Gas stock, see the NOG Stock Forecast page.
On September 22, 2025, Northern Oil and Gas, Inc. announced the pricing of a private placement of $725 million in new 7.875% senior notes due 2033. The proceeds from this offering will be used to fund the purchase and potential redemption of the company’s outstanding 8.125% senior notes due 2028, as well as for general corporate purposes. This strategic financial maneuver aims to optimize the company’s debt structure and potentially improve its financial flexibility.
The most recent analyst rating on (NOG) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Northern Oil And Gas stock, see the NOG Stock Forecast page.
On September 22, 2025, Northern Oil and Gas, Inc. announced the commencement of a cash tender offer for any and all of its outstanding 8.125% senior notes due 2028. The offer is contingent upon the successful completion of a concurrent bond offering and the receipt of net proceeds. Additionally, the company plans to offer $725 million in new senior notes due 2033 in a private offering, subject to market conditions. This strategic financial maneuver aims to optimize the company’s debt structure and potentially impact its financial stability and market positioning.
The most recent analyst rating on (NOG) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Northern Oil And Gas stock, see the NOG Stock Forecast page.
Northern Oil and Gas, Inc. is a real asset company focused on acquiring and investing in non-operated minority working and mineral interests in the premier hydrocarbon producing basins within the contiguous United States.
During the recent earnings call, Northern Oil and Gas (NOG) conveyed a mix of optimism and caution. The company celebrated its robust free cash flow generation and operational achievements, particularly in the Uinta Basin, alongside record gas volumes. However, challenges such as a sequential decline in oil production, increased lease operating expenses, and a significant impairment charge were acknowledged. Despite these hurdles, NOG’s strong liquidity position and recent credit upgrade are positive indicators, though market volatility and reduced production guidance suggest a cautious outlook.