How to Buy Northern Oil & Gas Stock
Northern Oil & Gas Inc
Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties.
Northern Oil & Gas stock last closed at $29.39, up 3.74% from the previous day, and has decreased 21.56% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.42 percentage points. Northern Oil & Gas stock is currently +10.51% from its 52-week low of $26.60, and -33.67% from its 52-week high of $44.31.
As of Mar 14, 2025, there are 99.11M NOG shares outstanding. The market cap of NOG is $2.91B. In the past 24 hours, 1.24M NOG shares were traded.
How to Buy Northern Oil & Gas Stock
Not sure how to invest in Northern Oil & Gas stock? Here's how.
- Decide where to buy Northern Oil & Gas stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Northern Oil & Gas stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your information.
- Research Northern Oil & Gas stock: The Northern Oil & Gas ticker symbol is NOG. Is Northern Oil & Gas stock a good investment? Should you buy shares of NOG? How do NOG's underlying business fundamentals look? Do top analysts think Northern Oil & Gas is a good buy? Why has NOG's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if NOG is a good stock to buy).
- Place your NOG trade: Decide if you will purchase NOG shares at the current market price or use a limit order to buy NOG stock at a particular price.
- Track your NOG position: Create a watchlist to get the latest news on your position in Northern Oil & Gas shares.
Step 1: Decide where to buy Northern Oil & Gas stock
You need an online brokerage account in order to access the NYSE market and buy NOG stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to buy NOG stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit funds into your investment account
Now that you've created your account on the best stock app, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help depositing funds into your new investment account.
Step 4: Research Northern Oil & Gas stock
After you have selected the best place to buy Northern Oil & Gas stock, it's crucial to evaluate their stock before you invest, so you actually wrap your head around the risk and upside.
Northern Oil & Gas quick stats
Northern Oil & Gas Overview
WallStreetZen was created to help part-time investors do better fundamental analysis.
You can see all of the due diligence checks on NOG's stock page.
Is NOG stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NOG's intrinsic value.
Using relative valuations measures:
- NOG may be undervalued based on its P/E ratio of 5.64x, relative to Oil & Gas E&P industry P/E ratio of 20.91x
- NOG could be undervalued based on its P/B ratio of 1.26x, relative to Oil & Gas E&P industry P/B ratio of 1.61x
You can do more valuation research on NOG's stock here.
NOG Financial Health
Passed Financial Due Diligence Checks:
- Total NOG debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- There are more short-term liabilities than short-term assets on the NOG balance sheet.
- NOG has a relatively high debt to equity ratio of 1.42.
- NOG has cash burn of 283185000. It does not have sufficient cash and short-term investments to cover this.
- NOG profit margin has gone down from 42.6% to 23.4% in the past year.
- NOG has $8.93M in cash and short term investments. This is not sufficient to cover its annual cash burn of $283.19M.
- There are more long-term liabilities than short-term assets on the NOG balance sheet.
Is it a good time to buy Northern Oil & Gas stock, according to Wall Street analysts?
Out of 6 sell side analysts who research NOG, the consensus analyst rating on Northern Oil & Gas is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent NOG Analyst Forecasts
Devin McDermott, a top 3% analyst from Morgan Stanley maintains NOG with a hold rating and lowers their NOG price target from $42.00 to $39.00, on Sep 16, 2024.
You can dig deeper into what analysts are saying on the Northern Oil & Gas stock forecast page.
NOG Technicals
Is NOG Growing Revenue?
Last year, NOG earnings were $520.31M. Over the last two year, NOG's earnings have grown by -24.99% per year. This was slower than the Oil & Gas E&P industry average of 21.31%.
Last year, NOG revenue was $2.23B. Over the last 5 year, NOG's revenue has grown by 36.34% per year. This was faster than the Oil & Gas E&P industry average of 13.3%.
Dive into NOG's earnings and revenue performance here.
Latest Insiders Trades at NOG
Over the past 12 months, insiders at NOG have sold more shares than they have bought.
Nicholas L. Ogrady, CEO of NOG, was the latest NOG insider to buy. They bought $27,480.00 worth of NOG shares on Mar 7, 2025.
Get more info about who owns NOG stock here.
Does NOG stock generate passive income?
No, Northern Oil & Gas doesn't provide an income stream by paying out dividends.
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Step 5: Place your NOG trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open Trade button and eToro will execute the order.
If you want more help with investing in stocks on eToro, watch the how to video below:
Step 6: Track your NOG position
Now that you own some NOG shares, you'll want to keep up with your investment.
Add NOG to a watchlist to monitor your NOG stock.
NOG Feed
How to Buy Stock in Northern Oil & Gas
To reiterate, here are the 6 steps to buy Northern Oil & Gas stock:
- Decide where to buy Northern Oil & Gas stock
- Create a brokerage account
- Deposit funds into your investment account
- Research Northern Oil & Gas stock
- Place your NOG trade
- Track your NOG position
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Northern Oil & Gas, add NOG to your watchlist by clicking the button below.
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