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NYSE: NOG
Northern Oil & Gas Inc Stock

$42.35-0.29 (-0.68%)
Updated Apr 15, 2024
NOG Price
$42.35
Fair Value Price
N/A
Market Cap
$4.27B
52 Week Low
$29.57
52 Week High
$43.64
P/E
4.2x
P/B
2.09x
P/S
1.57x
PEG
0.48x
Dividend Yield
3.66%
Revenue
$2.17B
Earnings
$922.97M
Gross Margin
76.6%
Operating Margin
52.46%
Profit Margin
42.6%
Debt to Equity
1.19
Operating Cash Flow
$1B
Beta
1.31
Next Earnings
Apr 30, 2024
Ex-Dividend
Mar 27, 2024
Next Dividend
Apr 30, 2024

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 (33)
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Due Diligence Checks

NOG ($42.35) is trading below its intrinsic value of $86.03, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
NOG is good value based on its earnings relative to its share price (4.2x), compared to the US market average (41.94x)
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
4.2x
Industry
13.26x
Market
41.94x
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
2.09x
Industry
2.14x
NOG is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

NOG price to earnings growth (PEG)

For valuing profitable companies with growth potential
NOG is good value based... subscribe to Premium to read more.
PEG Value Valuation

NOG's financial health

Profit margin

Revenue
$793.5M
Net Income
$388.9M
Profit Margin
49%
NOG's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
NOG's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$4.5B
Liabilities
$2.4B
Debt to equity
1.19
NOG's short-term assets ($509.41M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NOG's long-term liabilities ($2.05B) 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
$342.4M
Investing
-$378.1M
Financing
$31.0M
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$4.27B-0.68%4.20x2.09x
ERF$4.14B-0.97%9.48x3.37x
VIST$3.97B-3.63%9.83x3.19x
STR$3.81B-2.73%-121.10x2.37x
CRC$3.81B-1.42%6.79x1.72x

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 $43.64, and its 52-week low was $29.57. It is currently -2.95% from its 52-week high and 43.22% from its 52-week low.

How much is Northern Oil & Gas stock worth today?

(NYSE: NOG) Northern Oil & Gas currently has 100,873,127 outstanding shares. With Northern Oil & Gas stock trading at $42.35 per share, the total value of Northern Oil & Gas stock (market capitalization) is $4.27B.

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 17 years would have been 5.88%, for an annualized return of 0.34% (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 $42.35 today (as of Apr 15, 2024).

What is Northern Oil & Gas's Market Cap?

(NYSE: NOG) Northern Oil & Gas's market cap is $4.27B, as of Apr 16, 2024.

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 $42.35 by NOG's total outstanding shares of 100,873,127.
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