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NYSE: NOG
Northern Oil & Gas Inc Stock

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$31.44-0.91 (-2.81%)
Updated Dec 8, 2022
NOG Price
$31.44
Fair Value Price
N/A
Market Cap
$2.45B
52 Week Low
$17.52
52 Week High
$39.10
P/E
3.03x
P/B
3.45x
P/S
1.42x
PEG
N/A
Dividend Yield
2.1%
Revenue
$1.52B
Earnings
$802.90M
Gross Margin
74.7%
Operating Margin
57.83%
Profit Margin
50.4%
Debt to Equity
2.49
Operating Cash Flow
$774M
Beta
1.46
Next Earnings
N/A
Ex-Dividend
Dec 28, 2022
Next Dividend
Jan 31, 2023

NOG Overview

Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. The company is headquartered in Minnetonka, Minnesota and currently employs 20 full-time employees. The firm is engaged in the acquisition, exploration, development and production of oil and natural gas properties, primarily in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana. The firm holds working interests in over 2,630 gross (204.3 net) producing wells, including over 2,630 wells targeting the Bakken and Three Forks formations and over two wells targeting other formations. The firm leases approximately 165,910 net acres, all located in the Williston Basin. The firm engages in oil exploration and production through non-operated working interests in wells drilled and completed in spacing units that include its acreage. The firm's proved reserves are approximately 65.3 million barrels of oil equivalent (MMBoe).

Zen Score

Industry Average (39)
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Due Diligence Checks

NOG is forecast by analysts to be unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
NOG is good value based on its earnings relative to its share price (3.03x), compared to the US market average (21.39x)
P/E vs Market Valuation
NOG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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NOG News

Valuation

NOG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
3.03x
Industry
7.77x
Market
21.39x
NOG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
NOG is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

NOG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
3.45x
Industry
2.29x
NOG is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

NOG's financial health

Profit margin

Revenue
$791.6M
Net Income
$583.5M
Profit Margin
73.4%
NOG's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
NOG's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.5B
Liabilities
$1.8B
Debt to equity
2.49
NOG's short-term liabilities ($381.75M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NOG's long-term liabilities ($1.38B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NOG's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
NOG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$276.8M
Investing
-$312.8M
Financing
$43.7M
NOG's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

NOG vs Oil and Gas Stocks

TickerMarket Cap1d %P/EP/B
NOG$2.45B-2.81%3.03x3.45x
HPK$2.46B+0.77%12.14x2.23x
STR$2.46B-1.81%19.44x11.10x
KOS$2.62B-2.04%5.81x2.93x
CPE$2.19B-2.92%1.70x0.78x

Northern Oil & Gas Stock FAQ

What is Northern Oil & Gas's quote symbol?

NYSE: NOG) Northern Oil & Gas trades on the NYSE under the ticker symbol NOG. Northern Oil & Gas stock quotes can also be displayed as NYSE: NOG.

If you're new to stock investing, here's how to buy Northern Oil & Gas stock.

What is the 52 week high and low for Northern Oil & Gas (NYSE: NOG)?

(NYSE: NOG) Northern Oil & Gas's 52-week high was $39.10, and its 52-week low was $17.52. It is currently -19.59% from its 52-week high and 79.5% from its 52-week low.

How much is Northern Oil & Gas stock worth today?

(NYSE: NOG) Northern Oil & Gas currently has 77,872,227 outstanding shares. With Northern Oil & Gas stock trading at $31.44 per share, the total value of Northern Oil & Gas stock (market capitalization) is $2.45B.

Northern Oil & Gas stock was originally listed at a price of $40.00 in Apr 13, 2007. If you had invested in Northern Oil & Gas stock at $40.00, your return over the last 15 years would have been -21.4%, for an annualized return of -1.59% (not including any dividends or dividend reinvestments).

How much is Northern Oil & Gas's stock price per share?

(NYSE: NOG) Northern Oil & Gas stock price per share is $31.44 today (as of Dec 8, 2022).

What is Northern Oil & Gas's Market Cap?

(NYSE: NOG) Northern Oil & Gas's market cap is $2.45B, as of Dec 9, 2022.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Northern Oil & Gas's market cap is calculated by multiplying NOG's current stock price of $31.44 by NOG's total outstanding shares of 77,872,227.
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