NOG RSI Chart
Last 7 days
2.9%
Last 30 days
14.4%
Last 90 days
3.2%
Trailing 12 Months
47.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 2.2B | 2.2B | 1.7B | 2.2B |
2022 | 887.7M | 1.3B | 1.7B | 2.1B |
2021 | 367.3M | 410.5M | 453.7M | 496.9M |
2020 | 986.1M | 765.4M | 544.8M | 324.1M |
2019 | 0 | 798.8M | 965.8M | 922.5M |
2018 | 210.1M | 212.1M | 272.7M | 678.9M |
2017 | 178.9M | 211.8M | 208.3M | 209.3M |
2016 | 230.8M | 221.9M | 165.9M | 144.9M |
2015 | 605.0M | 524.7M | 445.1M | 275.1M |
2014 | 348.8M | 390.3M | 501.3M | 625.6M |
2013 | 361.3M | 321.7M | 310.8M | 335.1M |
2012 | 207.4M | 275.8M | 287.5M | 328.6M |
2011 | 73.3M | 102.0M | 130.7M | 159.4M |
2010 | 0 | 25.0M | 34.8M | 44.6M |
2009 | 0 | 0 | 0 | 15.2M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | - |
Which funds bought or sold NOG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -2.02 | -116,253 | 1,081,020 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 36.44 | 80,299,400 | 392,480,000 | 0.01% |
Mar 08, 2024 | ICA Group Wealth Management, LLC | new | - | 3,954 | 3,954 | -% |
Mar 04, 2024 | RICHARDSON FINANCIAL SERVICES INC. | new | - | 9,786 | 9,786 | 0.01% |
Mar 04, 2024 | TUCKER ASSET MANAGEMENT LLC | unchanged | - | -1,172 | 13,753 | -% |
Mar 01, 2024 | Pineridge Advisors LLC | new | - | 3,003 | 3,003 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 71.13 | 28,944,800 | 79,123,000 | 0.01% |
Feb 29, 2024 | Tortoise Investment Management, LLC | unchanged | - | -1,738 | 20,389 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | added | 6.76 | -29,504 | 1,782,210 | 0.01% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 18.3 | 95,000 | 1,150,000 | 0.01% |
Unveiling Northern Oil and Gas Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to Northern Oil and Gas Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
XOM | 456.5B | 344.6B | 12.68 | 1.32 | ||||
CVX | 290.4B | 200.9B | 13.59 | 1.45 | ||||
OXY | 56.5B | 28.9B | 12.02 | 1.95 | ||||
MRO | 16.0B | 6.6B | 10.3 | 2.41 | ||||
CHK | 11.5B | 8.7B | 4.74 | 1.32 | ||||
MID-CAP | ||||||||
RRC | 8.3B | 2.7B | 9.55 | 3.04 | ||||
HP | 4.2B | 2.8B | 9.66 | 1.47 | ||||
CNX | 3.6B | 3.4B | 2.09 | 1.05 | ||||
KOS | 2.8B | 1.7B | 13.03 | 1.63 | ||||
CPE | 2.3B | 2.1B | 5.82 | 1.11 | ||||
SMALL-CAP | ||||||||
AMPY | 257.7M | 307.6M | 0.66 | 0.84 | ||||
AMTX | 237.5M | 256.5M | -5.47 | 0.52 | ||||
BATL | 94.0M | 250.3M | -2.17 | 0.38 | ||||
AE | 69.5M | 2.7B | 327.97 | 0.03 | ||||
BRN | 23.7M | 23.9M | -8.72 | 0.99 |
Northern Oil and Gas Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2018Q4 | 2018Q3 |
Revenue | 152.7% | 794 | 314 | 477 | 582 | 370 | 792 | 441 | 456 | 358 | 260 | 226 | 157 | 102 | 47.00 | 277 | 507 | 59.00 | 234 | 186 | 443 | 102 |
Costs and Expenses | 14.0% | 309 | 272 | 242 | 222 | 203 | 187 | 171 | 156 | 129 | 105 | 100 | 86.00 | 179 | 266 | 833 | 116 | 122 | 113 | 94.00 | - | - |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 113 | 94.00 | 88.00 | 67.00 |
S&GA Expenses | -19.4% | 10.00 | 12.00 | 12.00 | 13.00 | 15.00 | 10.00 | 8.00 | 14.00 | 10.00 | 5.00 | 8.00 | 7.00 | 4.00 | 5.00 | 5.00 | 5.00 | 8.00 | 4.00 | 5.00 | 5.00 | 5.00 |
EBITDA Margin | 11.4% | 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% | 37.00 | 37.00 | 32.00 | 30.00 | 24.00 | 20.00 | 18.00 | 18.00 | 16.00 | 15.00 | 15.00 | 14.00 | 13.00 | 15.00 | 14.00 | 17.00 | 20.00 | 22.00 | 18.00 | 20.00 | 20.00 |
Income Taxes | 384.0% | 59.00 | -20.69 | 39.00 | 1.00 | -0.03 | 1.00 | 1.00 | 1.00 | 0.00 | - | - | - | - | - | - | -0.17 | - | - | - | -0.05 | - |
Earnings Before Taxes | 8160.1% | 448 | 5.00 | 207 | 341 | 145 | 585 | 252 | -205 | 175 | 13.00 | -90.56 | -90.36 | -142 | -233 | -899 | 368 | -107 | 94.00 | 44.00 | 218 | 19.00 |
EBT Margin | 15.3% | 0.46* | 0.40* | 0.53* | 0.56* | 0.35* | 0.40* | 0.16* | -0.09* | 0.01* | -0.38* | -0.86* | - | - | - | - | - | - | - | - | - | - |
Net Income | 1389.2% | 389 | 26.00 | 168 | 340 | 145 | 583 | 251 | -206 | 175 | 13.00 | -90.56 | -90.36 | -142 | -233 | -899 | 368 | -107 | 94.00 | 44.00 | 218 | 19.00 |
Net Income Margin | 9.3% | 0.43* | 0.39* | 0.52* | 0.56* | 0.35* | 0.40* | 0.16* | -0.09* | 0.01* | -0.38* | -0.86* | - | - | - | - | - | - | - | - | - | - |
Free Cashflow | 29.7% | 342 | 264 | 307 | 269 | 287 | 276 | 210 | 154 | 133 | 94.00 | 106 | - | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 4.2% | 4,484 | 4,305 | 3,665 | 3,343 | 2,875 | 2,471 | 2,192 | 2,024 | 1,523 | 1,244 | 1,092 | 873 | 872 | 1,026 | 1,263 | 2,237 | 1,905 | 1,902 | 1,494 | 1,396 | 1,504 |
Current Assets | 8.5% | 509 | 470 | 386 | 396 | 320 | 377 | 383 | 323 | 215 | 168 | 140 | 102 | 126 | 184 | 205 | 355 | 133 | 172 | 133 | 126 | 228 |
Cash Equivalents | -36.7% | 8.00 | 13.00 | 15.00 | 6.00 | 3.00 | 9.00 | 1.00 | 3.00 | 10.00 | 2.00 | 5.00 | 3.00 | 1.00 | 2.00 | 2.00 | 9.00 | 16.00 | 2.00 | 3.00 | 4.00 | 2.00 |
Net PPE | 3.8% | 3,932 | 3,789 | 3,217 | 2,916 | 2,483 | 2,015 | 1,771 | 1,690 | 1,253 | 1,065 | 930 | 742 | 735 | 823 | 1,009 | 1,774 | 1,749 | 1,677 | 1,293 | 1,241 | 1,203 |
Liabilities | -15.9% | 2,437 | 2,897 | 2,249 | 2,295 | 2,130 | 1,762 | 2,040 | 2,060 | 1,308 | 1,402 | 1,260 | 1,054 | 1,095 | 1,109 | 1,123 | 1,228 | 1,347 | 1,388 | 1,105 | 1,083 | 1,074 |
Current Liabilities | -36.0% | 386 | 602 | 379 | 345 | 345 | 382 | 636 | 626 | 328 | 355 | 301 | 156 | 182 | 170 | 179 | 235 | 203 | 231 | 233 | 226 | 232 |
LT Debt, Current | - | - | - | - | - | - | - | - | - | - | - | - | - | 65.00 | 65.00 | 65.00 | 65.00 | - | - | - | - | - |
Shareholder's Equity | 45.5% | 2,048 | 1,408 | 1,416 | 1,048 | 745 | 709 | 153 | - | 215 | - | - | - | -223 | - | 141 | 1,009 | 559 | 514 | 390 | 313 | 430 |
Retained Earnings | 83.3% | -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 Capital | 13.4% | 2,125 | 1,874 | 1,908 | 1,708 | 1,746 | 1,854 | 1,881 | 1,945 | 1,989 | 1,791 | 1,793 | 1,690 | 1,557 | 1,554 | 1,544 | 1,514 | 1,431 | 1,279 | 1,249 | 1,216 | 1,226 |
Accumulated Depreciation | 3.4% | 4,542 | 4,391 | 4,258 | 4,152 | 4,058 | 3,981 | 3,916 | 3,862 | 3,809 | 3,768 | 3,732 | 3,702 | 3,671 | 3,534 | 3,304 | 2,505 | 2,443 | 2,380 | 2,325 | 2,279 | 2,234 |
Shares Outstanding | 8.3% | 101 | 93.00 | 93.00 | 85.00 | 85.00 | 78.00 | 77.00 | 77.00 | 63.00 | 66.00 | 61.00 | 55.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 3,100 | - | - | - | 1,900 | - | - | - | 1,100 | - | - | - | 266 | - | - | - | 548 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 29.7% | 342 | 264 | 308 | 269 | 287 | 277 | 210 | 154 | 133 | 94.00 | 106 | 63.00 | 73.00 | 56.00 | 102 | 101 | 70.00 | 71.00 | 99.00 | 99.00 | 118 |
Share Based Compensation | -8.4% | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 4.00 | -0.11 | 2.00 | 3.00 | 2.00 |
Cashflow From Investing | 38.3% | -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% | 31.00 | 347 | 111 | 195 | 250 | 44.00 | -83.92 | 257 | 144 | 54.00 | 57.00 | -8.79 | -39.03 | 3.00 | -22.24 | -3.71 | 95.00 | 155 | 13.00 | -19.41 | -64.03 |
Dividend Payments | 2.7% | 35.00 | 34.00 | 29.00 | 25.00 | 20.00 | 15.00 | 11.00 | 6.00 | 3.00 | 2.00 | - | - | - | - | - | - | - | - | - | - | - |
Buy Backs | - | - | - | - | 8.00 | - | 9.00 | 13.00 | - | - | - | - | - | - | - | - | - | - | - | - | 15.00 | 22.00 |
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 Revenue | Oil and Gas Sales, Other Revenue | Oil and Gas Sales, Other Revenue |
Gain (Loss) on Commodity Derivatives, Net | $ 259,250 | $ (415,262) | $ (478,193) |
Total Revenues | 2,166,259 | 1,570,535 | 496,899 |
Operating Expenses | |||
Production Expenses | 347,006 | 260,676 | 170,817 |
Production Taxes | 160,118 | 158,194 | 76,954 |
General and Administrative Expenses | 46,801 | 47,201 | 30,341 |
Depletion, Depreciation, Amortization and Accretion | 486,024 | 251,272 | 140,828 |
Other Expenses | 4,448 | 0 | 0 |
Total Operating Expenses | 1,044,397 | 717,343 | 418,940 |
Income From Operations | 1,121,862 | 853,192 | 77,959 |
Other Income (Expense) | |||
Interest Expense, Net of Capitalization | (135,664) | (80,331) | (59,020) |
Gain (Loss) on Interest Rate Derivatives, Net | (1,017) | 993 | 1,043 |
Gain (Loss) on the Extinguishment of Debt, Net | 659 | 810 | (13,087) |
Contingent Consideration Gain (Loss) | 10,107 | 1,859 | (292) |
Other Income (Expense) | 4,795 | (185) | (9) |
Total Other Income (Expense) | (121,120) | (76,854) | (71,365) |
Income Before Income Taxes | 1,000,742 | 776,338 | 6,594 |
Income Tax Expense | 77,773 | 3,101 | 233 |
Net Income | 922,969 | 773,237 | 6,361 |
Cumulative Preferred Stock Dividend | 0 | (9,803) | (14,761) |
Premium on Repurchase of Preferred Stock | 0 | (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) | 91,483,687 | 78,557,216 | 62,989,543 |
Weighted Average Shares Outstanding - Diluted (in shares) | 92,060,947 | 86,675,365 | 62,989,543 |
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 |
BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current Assets: | ||
Cash and Cash Equivalents | $ 8,195 | $ 2,528 |
Accounts Receivable, Net | 370,531 | 271,336 |
Advances to Operators | 49,210 | 8,976 |
Prepaid Expenses and Other | 2,489 | 2,014 |
Derivative Instruments | 75,733 | 35,293 |
Income Tax Receivable | 3,249 | 338 |
Total Current Assets | 509,407 | 320,485 |
Oil and Natural Gas Properties, Full Cost Method of Accounting | ||
Proved | 8,428,518 | 6,492,683 |
Unproved | 36,785 | 41,565 |
Other Property and Equipment | 8,069 | 6,858 |
Total Property and Equipment | 8,473,372 | 6,541,106 |
Less – Accumulated Depreciation, Depletion and Impairment | (4,541,808) | (4,058,180) |
Total Property and Equipment, Net | 3,931,563 | 2,482,926 |
Derivative Instruments | 10,725 | 12,547 |
Acquisition Deposit | 17,094 | 43,000 |
Other Noncurrent Assets, Net | 15,466 | 16,220 |
Total Assets | 4,484,255 | 2,875,178 |
Current Liabilities: | ||
Accounts Payable | 192,672 | 128,582 |
Accrued Liabilities | 147,943 | 121,737 |
Accrued Interest | 26,219 | 24,347 |
Derivative Instruments | 16,797 | 58,418 |
Contingent Consideration | 0 | 10,107 |
Other Current Liabilities | 2,130 | 1,781 |
Total Current Liabilities | 385,761 | 344,972 |
Long-term Debt, Net | 1,835,554 | 1,525,413 |
Derivative Instruments | 105,831 | 225,905 |
Deferred Tax Liability | 68,488 | 0 |
Asset Retirement Obligations | 38,203 | 31,582 |
Other Noncurrent Liabilities | 2,741 | 2,045 |
Total Liabilities | 2,436,578 | 2,129,917 |
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 12/31/2022 | 503 | 487 |
Additional Paid-In Capital | 2,124,963 | 1,745,532 |
Retained Deficit | (77,790) | (1,000,759) |
Total Stockholders’ Equity | 2,047,676 | 745,260 |
Total Liabilities and Stockholders’ Equity | $ 4,484,255 | $ 2,875,178 |
 | www.northernoil.com |
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