Northern Financial Statements From 2010 to 2025

NOG Stock  USD 29.38  0.01  0.03%   
Northern Oil financial statements provide useful quarterly and yearly information to potential Northern Oil Gas investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Northern Oil financial statements helps investors assess Northern Oil's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Northern Oil's valuation are summarized below:
Gross Profit
1.6 B
Profit Margin
0.2593
Market Capitalization
2.9 B
Enterprise Value Revenue
2.4371
Revenue
B
There are over one hundred nineteen available fundamental ratios for Northern Oil, which can be analyzed over time and compared to other ratios. Active traders should verify all of Northern Oil last-minute fundamental drivers against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. The Northern Oil's current Market Cap is estimated to increase to about 3.9 B. The Northern Oil's current Enterprise Value is estimated to increase to about 6.4 B

Northern Oil Total Revenue

2.27 Billion

Check Northern Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern Oil's main balance sheet or income statement drivers, such as Interest Expense of 165.6 M, Selling General Administrative of 53 M or Other Operating Expenses of 1.4 B, as well as many indicators such as Price To Sales Ratio of 1.63, Dividend Yield of 0.0274 or PTB Ratio of 1.68. Northern financial statements analysis is a perfect complement when working with Northern Oil Valuation or Volatility modules.
  
Check out the analysis of Northern Oil Correlation against competitors.

Northern Oil Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Short and Long Term Debt Total2.5 B2.4 B1.2 B
Slightly volatile
Total Current Liabilities571.5 M544.3 M235.7 M
Slightly volatile
Net Debt2.5 B2.4 BB
Slightly volatile
Common Stock Total Equity541 K515.2 K254.9 K
Slightly volatile
Common Stock Shares Outstanding106.3 M101.3 M37.4 M
Slightly volatile
Non Current Liabilities Total2.9 B2.7 B1.1 B
Slightly volatile
Other Stockholder Equity1.1 B1.9 B1.6 B
Slightly volatile
Total Liabilities3.4 B3.3 B1.4 B
Slightly volatile
Common Stock526 K501 K260.9 K
Slightly volatile
Accounts Payable213 M202.9 M116.5 M
Slightly volatile
Other Current Liabilities358.5 M341.4 M115.1 M
Slightly volatile
Total Assets5.9 B5.6 BB
Slightly volatile
Property Plant And Equipment Net7.8 M8.2 M1.1 B
Pretty Stable
Cash16.2 M8.9 M13.9 M
Very volatile
Non Current Assets Total5.4 B5.1 B1.8 B
Slightly volatile
Cash And Short Term Investments8.5 M8.9 M13.4 M
Very volatile
Liabilities And Stockholders Equity5.9 B5.6 BB
Slightly volatile
Other Current Assets107.2 M102.1 M28.9 M
Slightly volatile
Property Plant And Equipment Gross10.9 B10.4 B3.2 B
Slightly volatile
Total Current Assets525.8 M500.7 M212.7 M
Slightly volatile
Property Plant EquipmentB2.9 B1.4 B
Slightly volatile
Other Assets78.1 M82.5 M80.9 M
Slightly volatile
Net Receivables409.2 M389.7 M147.2 M
Slightly volatile
Inventory1.091.1529.4 M
Pretty Stable
Other Liabilities313.4 M298.5 M89.5 M
Slightly volatile
Long Term Debt2.5 B2.4 BB
Slightly volatile
Long Term Debt Total1.1 B1.8 BB
Slightly volatile
Capital Surpluse1.2 BBB
Slightly volatile
Deferred Long Term Liabilities8.3 M12.5 M9.7 M
Slightly volatile
Long Term Investments20 M22.5 M24.5 M
Slightly volatile
Short and Long Term Debt55.6 M58.5 M445.9 M
Slightly volatile
Non Current Liabilities Other1.3 M2.3 M827.7 K
Slightly volatile
Cash And Equivalents2.2 M2.3 M11.7 M
Very volatile
Net Invested Capital4.9 B4.7 B1.5 B
Slightly volatile
Capital Stock504.2 K501 K421.2 K
Slightly volatile

Northern Oil Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative53 M50.5 M24.8 M
Slightly volatile
Other Operating Expenses1.4 B1.3 B432 M
Slightly volatile
Total Revenue2.3 B2.2 B785.6 M
Slightly volatile
Non Recurring202.6 M213.3 M581 M
Slightly volatile
Interest Income76.6 M91.2 M68.5 M
Slightly volatile
Reconciled Depreciation777.9 M740.9 M205.7 M
Slightly volatile
Extraordinary Items640 K720 K785 K
Slightly volatile
Selling And Marketing Expenses8.3 M9.4 M10.2 M
Slightly volatile

Northern Oil Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow15.4 M8.9 M13.3 M
Very volatile
Stock Based Compensation12.6 M12 M5.9 M
Slightly volatile
Begin Period Cash Flow15.9 M8.2 M22.2 M
Pretty Stable
Depreciation777.9 M740.9 M312.7 M
Slightly volatile
Dividends Paid153.9 M162 M1.5 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.631.71483.3604
Slightly volatile
Dividend Yield0.02740.04370.0284
Slightly volatile
Days Sales Outstanding11665.733196.8569
Slightly volatile
Average Payables55.4 M66.7 M87.2 M
Slightly volatile
Stock Based Compensation To Revenue0.00530.00550.0188
Slightly volatile
Capex To Depreciation4.154.37247
Slightly volatile
EV To Sales2.672.80575.222
Slightly volatile
Inventory Turnover24.5813.6232.0766
Very volatile
Days Of Inventory On Hand26.3427.73548
Slightly volatile
Sales General And Administrative To Revenue0.02220.02330.0846
Slightly volatile
Average Inventory55.2 M52.5 M45 M
Slightly volatile
Capex To Revenue1.061.111.811
Slightly volatile
Cash Per Share0.0850.08952.4889
Slightly volatile
Payout Ratio0.30.31134.079
Slightly volatile
ROE0.450.22420.8184
Very volatile
Current Ratio0.870.923.7682
Slightly volatile
Receivables Turnover3.45.55284.4752
Slightly volatile
Graham Number85.9452.197273.6566
Slightly volatile
Capex Per Share33.423.231.648
Slightly volatile
Average Receivables36.7 M38.2 M46.4 M
Pretty Stable
Revenue Per Share28.5221.669628.5426
Slightly volatile
Interest Debt Per Share32.3325.307462.1362
Slightly volatile
Debt To Assets0.50.42280.6567
Pretty Stable
Short Term Coverage Ratios6.364.599.0907
Slightly volatile
Operating Cycle62.4565.7331636
Slightly volatile
Dividend Payout Ratio0.30.31134.079
Slightly volatile
Long Term Debt To Capitalization0.660.50520.8147
Pretty Stable
Quick Ratio0.870.923.6031
Slightly volatile
Cash Ratio0.01560.01642.9053
Slightly volatile
Operating Cash Flow Sales Ratio0.770.6510.6456
Very volatile
Days Of Inventory Outstanding26.3427.73548
Slightly volatile
Days Of Sales Outstanding11665.733196.8569
Slightly volatile
Cash Flow Coverage Ratios1.030.59450.5459
Pretty Stable
Fixed Asset Turnover27726434.171
Slightly volatile
Debt Ratio0.50.42280.6567
Pretty Stable
Cash Flow To Debt Ratio1.030.59450.5459
Pretty Stable
Price Sales Ratio1.631.71483.3604
Slightly volatile
Asset Turnover0.250.38610.3369
Slightly volatile
Return On Equity0.450.22420.8184
Very volatile

Northern Oil Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.9 B3.7 B1.3 B
Slightly volatile
Enterprise Value6.4 B6.1 B2.3 B
Slightly volatile

Northern Fundamental Market Drivers

Forward Price Earnings6.9493
Cash And Short Term Investments8.9 M

Northern Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Northern Oil Financial Statements

Northern Oil stakeholders use historical fundamental indicators, such as Northern Oil's revenue or net income, to determine how well the company is positioned to perform in the future. Although Northern Oil investors may analyze each financial statement separately, they are all interrelated. For example, changes in Northern Oil's assets and liabilities are reflected in the revenues and expenses on Northern Oil's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Northern Oil Gas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-217.3 K-206.5 K
Total Revenue2.2 B2.3 B
Cost Of Revenue-62 M-58.9 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 1.11  1.06 
Revenue Per Share 21.67  28.52 
Ebit Per Revenue 0.39  0.41 

Currently Active Assets on Macroaxis

When determining whether Northern Oil Gas is a strong investment it is important to analyze Northern Oil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northern Oil's future performance. For an informed investment choice regarding Northern Stock, refer to the following important reports:
Check out the analysis of Northern Oil Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Oil. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.82)
Dividend Share
1.64
Earnings Share
5.14
Revenue Per Share
20.096
Quarterly Revenue Growth
0.013
The market value of Northern Oil Gas is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Oil's value that differs from its market value or its book value, called intrinsic value, which is Northern Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Oil's market value can be influenced by many factors that don't directly affect Northern Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.