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NOG

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

42.64USD0.00 (0.00%)Market Closed

Market Summary

NOG
USD42.640.00
Market Closed
0.00%

NOG Stock Price

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NOG RSI Chart

NOG Valuation

Market Cap

4.3B

Price/Earnings (Trailing)

4.66

Price/Sales (Trailing)

1.99

EV/EBITDA

3.78

Price/Free Cashflow

3.63

NOG Price/Sales (Trailing)

NOG Profitability

EBT Margin

46.20%

Return on Equity

45.07%

Return on Assets

20.58%

Free Cashflow Yield

27.51%

NOG Fundamentals

NOG Revenue

Revenue (TTM)

2.2B

Rev. Growth (Yr)

114.24%

Rev. Growth (Qtr)

152.73%

NOG Earnings

Earnings (TTM)

923.0M

Earnings Growth (Yr)

168.05%

Earnings Growth (Qtr)

1.4K%

Breaking Down NOG Revenue

Last 7 days

2.8%

Last 30 days

14.3%

Last 90 days

18.6%

Trailing 12 Months

23.6%

How does NOG drawdown profile look like?

NOG Financial Health

Current Ratio

1.32

NOG Investor Care

Shares Dilution (1Y)

18.29%

Diluted EPS (TTM)

10.12

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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

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
Apr 11, 2024
City State Bank
unchanged
-
2,000
25,000
0.01%
Apr 11, 2024
West Financial Advisors, LLC
added
117
1,142
1,995
-%
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
unchanged
-
1,149
17,636
-%
Apr 11, 2024
Douglas Lane & Associates, LLC
reduced
-6.62
-135
279,744
-%
Apr 11, 2024
RFG Advisory, LLC
added
21.00
67,265
295,179
0.01%
Apr 10, 2024
PARK AVENUE SECURITIES LLC
sold off
-100
-214,000
-
-%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
added
169
3,627
5,555
-%
Apr 05, 2024
Insight Wealth Strategies, LLC
added
4.39
110,385
1,050,720
0.15%
Apr 05, 2024
GAMMA Investing LLC
added
134
14,654
22,895
-%
Apr 05, 2024
NBC SECURITIES, INC.
unchanged
-
44,000
661,000
0.06%

1–10 of 40

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

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
Apr 11, 2024
DEF 14A
DEF 14A
Apr 11, 2024
DEFA14A
DEFA14A
Apr 09, 2024
4
Insider Trading
Apr 04, 2024
144
Notice of Insider Sale Intent
Apr 04, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading

Peers (Alternatives to Northern Oil and Gas Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
477.5B
344.6B
9.88% 3.96%
13.26
1.39
-16.70% -35.40%
295.2B
200.9B
3.29% -7.64%
13.82
1.47
-18.40% -39.75%
60.7B
28.9B
11.21% 6.56%
12.93
2.1
-22.04% -64.70%
16.8B
6.6B
12.32% 13.37%
10.8
2.53
-17.41% -56.98%
11.6B
8.7B
4.27% 10.01%
4.79
1.33
-25.73% -50.99%
MID-CAP
8.7B
2.7B
10.94% 32.65%
10.01
3.18
-43.74% -26.38%
4.1B
2.8B
3.72% 12.16%
9.55
1.46
19.47% 177.97%
3.7B
3.4B
11.94% 45.01%
2.14
1.07
172.35% 1311.12%
2.9B
1.7B
11.71% -19.79%
13.69
1.72
-26.01% -5.75%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
279.8M
307.6M
16.23% -5.09%
0.71
0.91
-32.91% 578.62%
181.9M
186.7M
29.39% 97.69%
-4.19
0.97
-27.21% 49.68%
87.7M
220.8M
-7.47% -36.55%
-28.78
0.4
-38.52% -116.44%
74.4M
2.7B
17.22% -25.94%
351.1
0.03
-18.46% -93.92%
26.3M
23.9M
10.55% -7.42%
-9.68
1.1
-21.86% -149.09%

Northern Oil and Gas Inc News

Latest updates
Defense World6 hours ago
The Globe and Mail20 hours ago

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22018Q42018Q3
Revenue152.7%79431447758237079244145635826022615710247.0027750759.00234186443102
Costs and Expenses14.0%30927224222220318717115612910510086.0017926683311612211394.00--
Operating Expenses------------------11394.0088.0067.00
  S&GA Expenses-19.4%10.0012.0012.0013.0015.0010.008.0014.0010.005.008.007.004.005.005.005.008.004.005.005.005.00
EBITDA Margin11.4%0.52*0.47*0.58*0.60*0.38*0.43*0.20*-0.04*0.07*-0.31*-0.77*----------
Interest Expenses-1.4%37.0037.0032.0030.0024.0020.0018.0018.0016.0015.0015.0014.0013.0015.0014.0017.0020.0022.0018.0020.0020.00
Income Taxes384.0%59.00-20.6939.001.00-0.031.001.001.000.00-------0.17----0.05-
Earnings Before Taxes8160.1%4485.00207341145585252-20517513.00-90.56-90.36-142-233-899368-10794.0044.0021819.00
EBT Margin15.3%0.46*0.40*0.53*0.56*0.35*0.40*0.16*-0.09*0.01*-0.38*-0.86*----------
Net Income1389.2%38926.00168340145583251-20617513.00-90.56-90.36-142-233-899368-10794.0044.0021819.00
Net Income Margin9.3%0.43*0.39*0.52*0.56*0.35*0.40*0.16*-0.09*0.01*-0.38*-0.86*----------
Free Cashflow29.7%34226430726928727621015413394.00106----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets4.2%4,4844,3053,6653,3432,8752,4712,1922,0241,5231,2441,0928738721,0261,2632,2371,9051,9021,4941,3961,504
  Current Assets8.5%509470386396320377383323215168140102126184205355133172133126228
    Cash Equivalents-36.7%8.0013.0015.006.003.009.001.003.0010.002.005.003.001.002.002.009.0016.002.003.004.002.00
  Net PPE3.8%3,9323,7893,2172,9162,4832,0151,7711,6901,2531,0659307427358231,0091,7741,7491,6771,2931,2411,203
Liabilities-15.9%2,4372,8972,2492,2952,1301,7622,0402,0601,3081,4021,2601,0541,0951,1091,1231,2281,3471,3881,1051,0831,074
  Current Liabilities-36.0%386602379345345382636626328355301156182170179235203231233226232
    LT Debt, Current-------------65.0065.0065.0065.00-----
Shareholder's Equity45.5%2,0481,4081,4161,048745709153-215----223-1411,009559514390313430
  Retained Earnings83.3%-77.79-466-492-660-1,000-1,145-1,729-1,980-1,774-1,948-1,961-1,870-1,780-1,638-1,404-504-873-765-859-904-796
  Additional Paid-In Capital13.4%2,1251,8741,9081,7081,7461,8541,8811,9451,9891,7911,7931,6901,5571,5541,5441,5141,4311,2791,2491,2161,226
Accumulated Depreciation3.4%4,5424,3914,2584,1524,0583,9813,9163,8623,8093,7683,7323,7023,6713,5343,3042,5052,4432,3802,3252,2792,234
Shares Outstanding8.3%10193.0093.0085.0085.0078.0077.0077.0063.0066.0058.0055.00---------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations29.7%34226430826928727721015413394.0010663.0073.0056.0010210170.0071.0099.0099.00118
  Share Based Compensation-8.4%1.001.001.002.001.001.001.001.001.001.001.001.001.001.001.001.004.00-0.112.003.002.00
Cashflow From Investing38.3%-378-612-410-461-544-312-128-417-269-151-160-52.67-34.37-59.04-86.01-104-151-226-113-77.91-164
Cashflow From Financing-91.1%31.0034711119525044.00-83.9225714454.0057.00-8.79-39.033.00-22.24-3.7195.0015513.00-19.41-64.03
  Dividend Payments2.7%35.0034.0029.0025.0020.0015.0011.006.003.002.00-----------
  Buy Backs----8.00-9.0013.00------------15.0022.00

NOG Income Statement

2023-12-31
STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues   
Revenue from Contract with Customer, Product and Service [Extensible Enumeration]Oil and Gas Sales, Other RevenueOil and Gas Sales, Other RevenueOil and Gas Sales, Other Revenue
Gain (Loss) on Commodity Derivatives, Net$ 259,250$ (415,262)$ (478,193)
Total Revenues2,166,2591,570,535496,899
Operating Expenses   
Production Expenses347,006260,676170,817
Production Taxes160,118158,19476,954
General and Administrative Expenses46,80147,20130,341
Depletion, Depreciation, Amortization and Accretion486,024251,272140,828
Other Expenses4,44800
Total Operating Expenses1,044,397717,343418,940
Income From Operations1,121,862853,19277,959
Other Income (Expense)   
Interest Expense, Net of Capitalization(135,664)(80,331)(59,020)
Gain (Loss) on Interest Rate Derivatives, Net(1,017)9931,043
Gain (Loss) on the Extinguishment of Debt, Net659810(13,087)
Contingent Consideration Gain (Loss)10,1071,859(292)
Other Income (Expense)4,795(185)(9)
Total Other Income (Expense)(121,120)(76,854)(71,365)
Income Before Income Taxes1,000,742776,3386,594
Income Tax Expense77,7733,101233
Net Income922,969773,2376,361
Cumulative Preferred Stock Dividend0(9,803)(14,761)
Premium on Repurchase of Preferred Stock0(35,731)0
Net Income (Loss) Attributable to Common Stockholders$ 922,969$ 727,703$ (8,400)
Net Loss Per Common Share - Basic (in dollars per share)$ 10.09$ 9.26$ (0.13)
Net Loss Per Common Share - Diluted (in dollars per share)$ 10.03$ 8.92$ (0.13)
Weighted Average Shares Outstanding - Basic (in shares)91,483,68778,557,21662,989,543
Weighted Average Shares Outstanding - Diluted (in shares)92,060,94786,675,36562,989,543
Oil and Gas Sales   
Revenues   
Oil and Gas Sales$ 1,897,779$ 1,985,798$ 975,089
Other Revenue   
Revenues   
Oil and Gas Sales$ 9,230$ 0$ 3

NOG Balance Sheet

2023-12-31
BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:  
Cash and Cash Equivalents$ 8,195$ 2,528
Accounts Receivable, Net370,531271,336
Advances to Operators49,2108,976
Prepaid Expenses and Other2,4892,014
Derivative Instruments75,73335,293
Income Tax Receivable3,249338
Total Current Assets509,407320,485
Oil and Natural Gas Properties, Full Cost Method of Accounting  
Proved8,428,5186,492,683
Unproved36,78541,565
Other Property and Equipment8,0696,858
Total Property and Equipment8,473,3726,541,106
Less – Accumulated Depreciation, Depletion and Impairment(4,541,808)(4,058,180)
Total Property and Equipment, Net3,931,5632,482,926
Derivative Instruments10,72512,547
Acquisition Deposit17,09443,000
Other Noncurrent Assets, Net15,46616,220
Total Assets4,484,2552,875,178
Current Liabilities:  
Accounts Payable192,672128,582
Accrued Liabilities147,943121,737
Accrued Interest26,21924,347
Derivative Instruments16,79758,418
Contingent Consideration010,107
Other Current Liabilities2,1301,781
Total Current Liabilities385,761344,972
Long-term Debt, Net1,835,5541,525,413
Derivative Instruments105,831225,905
Deferred Tax Liability68,4880
Asset Retirement Obligations38,20331,582
Other Noncurrent Liabilities2,7412,045
Total Liabilities2,436,5782,129,917
Commitments and Contingencies
Stockholders’ Equity  
Common Stock, par value $0.001; 135,000,000 authorized; 100,761,148 shares outstanding at 12/31/2023 85,165,807 shares outstanding at 12/31/2022503487
Additional Paid-In Capital2,124,9631,745,532
Retained Deficit(77,790)(1,000,759)
Total Stockholders’ Equity2,047,676745,260
Total Liabilities and Stockholders’ Equity$ 4,484,255$ 2,875,178
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 Fri Apr 12 2024, market cap of Northern Oil and Gas Inc is 4.3 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 Fri Apr 12 2024, NOG's PE ratio (Price to Earnings) is 4.66 and Price to Sales (PS) ratio is 1.99. 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.