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NOG

Northern Oil and Gas Inc

NOG

35.43USD+0.43 (+1.23%)Delayed as of 07 Dec 2023, 03:04 pm
Watchlist

Market Summary

USD35.43+0.43
Delayedas of 07 Dec 2023, 03:04 pm
1.23%

NOG Alerts

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

NOG Stock Price

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NOG RSI Chart

NOG Valuation

Market Cap

3.3B

Price/Earnings (Trailing)

4.79

Price/Sales (Trailing)

1.74

EV/EBITDA

3.95

Price/Free Cashflow

2.89

NOG Price/Sales (Trailing)

NOG Profitability

EBT Margin

62.65%

Return on Equity

125.95%

Return on Assets

39.49%

Free Cashflow Yield

34.65%

NOG Fundamentals

NOG Revenue

Revenue (TTM)

1.9B

Revenue Y/Y

-41.21%

Revenue Q/Q

-34.12%

NOG Earnings

Earnings (TTM)

679.2M

Earnings Y/Y

-95.52%

Earnings Q/Q

-84.44%

Price Action

52 Week Range

25.5643.56
(Low)(High)

Last 7 days

-5.6%

Last 30 days

-7.0%

Last 90 days

-17.9%

Trailing 12 Months

7.0%

How does NOG drawdown profile look like?

NOG Financial Health

Current Ratio

1.15

NOG Investor Care

Shares Dilution (1Y)

17.94%

Diluted EPS (TTM)

8.31

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.1B2.1B1.9B0
20221.3B1.5B1.8B1.9B
2021486.8M649.6M812.3M975.1M
2020986.1M765.4M544.8M324.1M
2019627.3M575.7M524.0M472.4M
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
201022.5M29.9M37.2M44.6M
200900015.2M

Latest Insider Trading transactions for NOG

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
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
unchanged
-
2,192
14,925
-%
Nov 30, 2023
Neo Ivy Capital Management
sold off
-100
-2,981,000
-
-%
Nov 24, 2023
DEUTSCHE BANK AG\
added
5.75
1,103,540
5,708,400
-%
Nov 22, 2023
Aurora Investment Counsel
reduced
-16.43
-33,220
1,598,900
1.06%
Nov 22, 2023
KBC Group NV
unchanged
-
-
218,000
-%
Nov 22, 2023
Public Sector Pension Investment Board
reduced
-28.00
-769,791
4,162,920
0.03%
Nov 21, 2023
COMERICA BANK
new
-
2,056,210
2,056,210
0.01%
Nov 21, 2023
Alpine Global Management, LLC
new
-
1,206,450
1,206,450
0.15%
Nov 16, 2023
IRONWOOD INVESTMENT MANAGEMENT LLC
unchanged
-
39,833
271,150
0.17%
Nov 16, 2023
Creative Planning
new
-
13,398
13,398
-%

1–10 of 37

Latest Funds Activity

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

Schedule 13G FIlings of Northern Oil and Gas Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
4.97%
3,873,006
SC 13G/A
Feb 06, 2023
state street corp
5.16%
4,020,939
SC 13G/A
Feb 03, 2023
state street corp
5.16%
4,020,939
SC 13G
Feb 01, 2023
blackrock inc.
6.9%
5,393,165
SC 13G/A

Recent SEC filings of Northern Oil and Gas Inc

View All Filings
Date Filed Form Type Document
Dec 06, 2023
4
Insider Trading
Dec 04, 2023
4
Insider Trading
Dec 04, 2023
4
Insider Trading
Nov 29, 2023
4
Insider Trading
Nov 28, 2023
144
Notice of Insider Sale Intent
Nov 03, 2023
4
Insider Trading
Nov 03, 2023
4
Insider Trading
Nov 02, 2023
10-Q
Quarterly Report
Nov 01, 2023
8-K
Current Report
Oct 25, 2023
8-K
Current Report

Peers (Alternatives to Northern Oil and Gas Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
393.0B
355.7B
-6.33% -3.80%
9.56
1.1
-11.79% -20.69%
266.2B
210.2B
-3.00% -16.37%
10.46
1.27
-11.63% -25.47%
14.5B
6.6B
-11.54% -13.93%
8.59
2.18
-17.82% -54.98%
9.8B
10.9B
-13.22% -19.87%
1.8
0.9
37.84% 94.62%
-
29.7B
-8.52% -11.49%
-
-
-19.21% -57.99%
MID-CAP
7.1B
3.9B
-16.28% 15.95%
5.19
1.82
-12.27% 9.11%
3.5B
2.9B
-11.35% -25.04%
8.07
1.22
39.51% 6143.35%
3.2B
3.4B
-8.48% 21.91%
1.32
0.93
197.39% 446.96%
2.8B
1.8B
-13.74% 4.28%
36.12
1.59
-23.88% -82.35%
2.0B
2.4B
-15.59% -21.18%
3.66
0.83
-7.39% -51.28%
SMALL-CAP
226.2M
327.6M
-12.01% -22.90%
0.6
0.69
-27.62% 496.32%
172.5M
-
-9.88% -4.99%
-1.22
1.18
21.03% -281.13%
80.8M
250.3M
-20.16% -54.95%
-1.86
0.32
-31.75% -183.24%
66.3M
2.8B
-19.30% -31.15%
-10.73
0.02
-14.73% -145.53%
24.9M
26.8M
0.40% -18.45%
-24.74
0.93
8.21% -113.99%

Northern Oil and Gas Inc News

Latest updates
Yahoo Finance • 06 Dec 2023 • 07:48 pm • 24 hours ago
Defense World • 06 Dec 2023 • 06:28 am • 38 hours ago
MarketBeat • 05 Dec 2023 • 07:31 pm • 2 days ago
MarketBeat • 04 Dec 2023 • 11:52 pm • 2 days ago
Knox Daily • 04 Dec 2023 • 12:24 pm • 3 days ago
Defense World • 04 Dec 2023 • 06:57 am • 3 days ago
Defense World • 30 Nov 2023 • 06:01 am • 7 days ago
Nasdaq • 27 Nov 2023 • 01:39 pm • 10 days ago
Defense World • 27 Nov 2023 • 10:38 am • 10 days ago
SETE News • 24 Nov 2023 • 12:32 pm • 13 days ago
Yahoo Finance • 22 Nov 2023 • 08:00 am • 15 days ago
Yahoo Finance • 22 Nov 2023 • 08:00 am • 15 days ago
Yahoo Finance • 08 Nov 2023 • 08:00 am • 29 days ago
Yahoo Finance • 03 Nov 2023 • 07:00 am • 34 days ago
Rigzone News • 03 Nov 2023 • 07:00 am • 34 days ago

Financials for Northern Oil and Gas Inc

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-34.1%313,973,000476,554,000582,214,000499,745,500534,050,000441,446,000456,458,000332,374,000259,670,000225,717,000157,332,000102,327,00047,322,000277,053,500506,785,00059,013,000233,883,000186,440,000314,818,000443,196,000102,269,000
Costs and Expenses12.3%271,535,000241,763,000221,625,000202,843,500187,004,000171,342,000156,154,000128,904,000104,543,00099,725,00085,768,000178,830,500265,975,000832,737,000115,911,000121,538,000112,784,00094,200,00088,371,000--
Operating Expenses-----------------112,784,00094,200,00088,371,00088,387,07566,673,000
  S&GA Expenses-4.5%11,846,00012,402,00013,000,00015,046,00010,278,0008,064,00013,813,00010,464,0005,490,0007,604,0006,782,0004,360,5004,605,0004,710,0004,871,0008,117,5004,206,0005,250,0006,051,0004,975,5004,674,000
EBITDA Margin---0.670.430.470.21-0.050.13-1.12-3.48-----------
Interest Expenses15.9%37,040,00031,968,00030,143,00023,808,50020,135,00018,410,00017,977,00015,900,00014,586,00015,024,00013,510,00013,358,00014,637,00013,957,00016,551,00020,393,00021,510,00017,778,00019,548,00020,057,00020,438,000
Income Taxes-153.0%-20,691,00039,012,000692,000-27,0001,333,0001,006,000789,000233,000-------166,000-----55,000-
Earnings Before Taxes-97.4%5,419,000206,826,000340,883,000145,042,000584,798,000252,269,000-205,771,000174,960,50012,554,000-90,563,000-90,357,000-142,123,000-233,004,000-899,200,000368,120,000-107,936,50094,381,00044,399,000-107,162,000218,237,00018,979,000
EBT Margin---0.630.390.430.16-0.120.01-1.36-3.87----0.350.40-0.160.290.240.06--
Net Income-84.4%26,111,000167,815,000340,191,000145,068,000583,465,000251,264,000-206,560,000174,727,50012,554,000-90,563,000-90,357,000-142,123,000-233,004,000-899,200,000368,286,000-107,937,00094,381,00044,399,000-107,162,000218,292,00018,979,000
Net Income Margin---0.630.390.430.16-0.120.01-1.36-3.87-----------
Free Cashflow---269,308,000287,379,000276,766,000210,239,000154,034,000133,102,00094,413,000106,186,000-----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets17.5%4,3053,6653,3432,8752,4712,1922,0241,5231,2441,0928738721,0261,2632,2371,9051,9021,4941,3961,5041,069
  Current Assets21.7%470386396320377383323215168140102126184205355133172133126228225
    Cash Equivalents-12.5%13.0015.006.003.009.001.003.0010.002.005.003.001.002.002.009.0016.002.003.004.002.00113
  Net PPE17.8%3,7893,2172,9162,4832,0151,7711,6901,2531,0659307427358231,0091,7741,7491,6771,2931,2411,203818
Liabilities28.8%2,8972,2492,2952,1301,7622,0402,0601,3081,4021,2601,0541,0951,1091,1231,2281,3471,3881,1051,0831,0741,058
  Current Liabilities59.1%602379345345382636626328355301156182170179235203231233226232215
    LT Debt, Current------------65.0065.0065.0065.00------
Shareholder's Equity-0.6%1,4081,4161,048745709153-35.30215-----1411,00955951439031343011.00
  Retained Earnings5.3%-466-492-660-1,000-1,145-1,729-1,980-1,774-1,948-1,961-1,870-1,780-1,638-1,404-504-873-765-859-904-796-1,015
  Additional Paid-In Capital-1.8%1,8741,9081,7081,7461,8541,8811,9451,9891,7911,7931,6901,5571,5541,5441,5141,4311,2791,2491,2161,2261,026
Accumulated Depreciation3.1%4,3914,2584,1524,0583,9813,9163,8623,8093,7683,7323,7023,6713,5343,3042,5052,4432,3802,3252,2792,2342,186
Shares Outstanding0.0%93.0093.0085.0085.0079.0077.0077.0077.0066.0061.0055.0046.0044.0042.0040.0041.0040.0038.0037.0038.0030.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-14.3%263,865,000307,786,000269,308,000287,379,000276,766,000210,239,000154,034,000133,102,00094,413,000106,186,00062,766,00073,033,00056,413,000101,585,000100,654,00070,427,00071,023,00099,392,00098,908,000117,846,00062,799,000
  Share Based Compensation24.1%1,289,0001,039,0002,151,0001,447,0001,342,0001,420,0001,447,0001,374,000698,000780,000769,000937,000889,0001,214,0001,079,0003,675,000-114,0001,643,0002,751,0001,903,0001,512,000
Cashflow From Investing-49.4%-612,823,000-410,160,000-461,220,000-544,235,000-312,765,000-128,178,000-417,599,000-269,617,000-151,276,000-160,869,000-52,672,000-34,374,000-59,038,000-86,014,000-104,500,000-151,180,000-226,807,000-113,228,000-77,913,000-164,429,000-150,411,000
Cashflow From Financing212.4%347,104,000111,106,000195,458,000250,255,00043,656,000-83,924,000257,380,000144,030,00054,025,00056,797,000-8,793,000-39,034,0002,590,000-22,245,000-3,710,00094,919,000154,892,00012,686,000-19,409,000-64,026,000-347,000
  Dividend Payments18.7%34,318,00028,923,00025,454,00019,636,00015,010,00010,780,0006,176,0002,963,0001,975,000------------
  Buy Backs---8,004,00033,002,0008,691,00012,809,000------------15,108,00022,195,000-

NOG Income Statement

2023-09-30
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues    
Revenue from Contract with Customer, Product and Service [Extensible Enumeration]Oil and Gas Sales, Other RevenuesOil and Gas Sales, Other RevenuesOil and Gas Sales, Other RevenuesOil and Gas Sales, Other Revenues
Gain (Loss) on Commodity Derivatives, Net$ (199,548)$ 257,590$ 11,878$ (339,995)
Total Revenues313,973791,6401,372,7421,200,156
Operating Expenses    
Production Expenses82,50668,478244,944187,659
Production Taxes42,15842,273114,215120,729
General and Administrative Expenses11,84610,27837,24832,155
Depletion, Depreciation, Amortization and Accretion133,79165,975334,836173,956
Other Expenses1,23403,6810
Total Operating Expenses271,535187,004734,924514,499
Income From Operations42,438604,637637,818685,658
Other Income (Expense)    
Interest Expense, Net of Capitalization(37,040)(20,135)(99,151)(56,523)
Gain (Loss) on Unsettled Interest Rate Derivatives, Net0(42)(1,017)1,772
Gain on Extinguishment of Debt, Net0339659574
Contingent Consideration Gain0010,1070
Other Income (Expense)21(1)4,712(184)
Total Other Income (Expense)(37,019)(19,839)(84,690)(54,361)
Income Before Income Taxes5,419584,798553,128631,296
Income Tax Expense (Benefit)(20,691)1,33319,0123,128
Net Income26,111583,465534,116628,169
Cumulative Preferred Stock Dividend0(2,610)0(8,437)
Premium on Repurchase of Preferred Stock000(25,320)
Net Income Attributable to Common Stockholders$ 26,111$ 580,855$ 534,116$ 594,412
Net Income (Loss) Per Common Share - Basic (in dollars per share)$ 0.28$ 7.39$ 6.01$ 7.66
Net Income (Loss) Per Common Share - Diluted (in dollars per share)$ 0.28$ 6.77$ 5.97$ 6.92
Weighted Average Common Shares Outstanding – Basic (in shares)92,768,03578,589,66188,857,01677,632,410
Weighted Average Common Shares Outstanding - Diluted (in shares)93,742,40786,141,29389,449,73187,056,158
Oil and Gas Sales    
Revenues    
Oil and Gas Sales$ 511,651$ 534,050$ 1,354,376$ 1,540,151
Other Revenues    
Revenues    
Oil and Gas Sales$ 1,870$ 0$ 6,488$ 0

NOG Balance Sheet

2023-09-30
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets:  
Cash and Cash Equivalents$ 12,952$ 2,528
Accounts Receivable, Net363,516271,336
Advances to Operators25,4318,976
Prepaid Expenses and Other2,5672,014
Derivative Instruments65,16035,293
Income Tax Receivable0338
Total Current Assets469,626320,485
Oil and Natural Gas Properties, Full Cost Method of Accounting  
Proved8,135,6496,492,683
Unproved36,82741,565
Other Property and Equipment7,4216,858
Total Property and Equipment8,179,8976,541,106
Less – Accumulated Depreciation, Depletion and Impairment(4,391,261)(4,058,180)
Total Property and Equipment, Net3,788,6362,482,926
Derivative Instruments29,54312,547
Acquisition Deposit043,000
Other Noncurrent Assets, Net16,86116,220
Total Assets4,304,6662,875,178
Current Liabilities:  
Accounts Payable235,129128,582
Accrued Liabilities154,882121,737
Accrued Interest32,07424,347
Income Tax Payable2,0510
Derivative Instruments176,33958,418
Contingent Consideration010,107
Other Current Liabilities2,0161,781
Total Current Liabilities602,491344,972
Long-term Debt, Net2,057,3591,525,413
Deferred Tax Liability7,2910
Derivative Instruments190,086225,905
Asset Retirement Obligations36,79931,582
Other Noncurrent Liabilities2,8472,045
Total Liabilities2,896,8732,129,917
Commitments and Contingencies
Stockholders’ Equity  
Common Stock, Par Value $.001; 135,000,000 Shares Authorized; 93,032,638 Shares Outstanding at 9/30/2023 85,165,807 Shares Outstanding at 12/31/2022495487
Additional Paid-In Capital1,873,9401,745,532
Retained Deficit(466,642)(1,000,759)
Total Stockholders’ Equity1,407,793745,260
Total Liabilities and Stockholders’ Equity$ 4,304,666$ 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.
 WEBSITEwww.northernoil.com
 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 Wed Dec 06 2023, market cap of Northern Oil and Gas Inc is 3.26 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. 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 Wed Dec 06 2023, NOG's PE ratio (Price to Earnings) is 4.79 and Price to Sales (PS) ratio is 1.74. 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 -0.13 (multiply by 100 for percentage) rate of return.