Nicholas OGrady - Northern Oil President, Chief Financial Officer

NOG Stock  USD 30.11  0.69  2.24%   

President

Mr. Nicholas OGrady is the Chief Financial Officer of the Company. Mr. OGrady has nearly two decades of finance experience, both as an investment banker and as a principal investor. Mr. OGrady began his career in the Natural Resources investment banking group at Bank of America. Later moving to the hedge fund industry, he worked at firms such as Highbridge Capital Management. Prior to joining our company, he worked as a portfolio manager at Hudson Bay Capital Management from September 2014 to May 2018, where he focused on energyrelated equities, public credit, private and direct investments. Previously, he worked as a portfolio manager at Bluecrest Capital Management from November 2013 to June 2014, and at Sigma Capital Management from April 2012 to October 2013 since 2020.
Age 45
Tenure 5 years
Address 4350 Baker Road, Minnetonka, MN, United States, 55343
Phone952 476 9800
Webhttps://www.noginc.com
O’Grady holds a bachelor degree in both history and economics from Bowdoin College in Brunswick, Maine.

Northern Oil Management Efficiency

The company has Return on Asset of 0.1044 % which means that on every $100 spent on assets, it made $0.1044 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2382 %, implying that it generated $0.2382 on every 100 dollars invested. Northern Oil's management efficiency ratios could be used to measure how well Northern Oil manages its routine affairs as well as how well it operates its assets and liabilities. The Northern Oil's current Return On Tangible Assets is estimated to increase to 0.1. The Northern Oil's current Return On Capital Employed is estimated to increase to 0.17. At this time, Northern Oil's Other Current Assets are most likely to increase significantly in the upcoming years. The Northern Oil's current Total Current Assets is estimated to increase to about 525.8 M, while Intangibles To Total Assets are projected to decrease to (0.01).
Northern Oil Gas has 2.37 B in debt with debt to equity (D/E) ratio of 7.22, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Northern Oil Gas has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Northern to invest in growth at high rates of return.

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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. As of December 31, 2021, it owned working interests in 7,436 gross producing wells and had proved reserves of 287,682 million barrels of oil equivalent. Northern Oil operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 25 people. Northern Oil Gas (NOG) is traded on New York Stock Exchange in USA. It is located in 4350 Baker Road, Minnetonka, MN, United States, 55343 and employs 49 people. Northern Oil is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Northern Oil Gas Leadership Team

Elected by the shareholders, the Northern Oil's board of directors comprises two types of representatives: Northern Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Northern. The board's role is to monitor Northern Oil's management team and ensure that shareholders' interests are well served. Northern Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Northern Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Adam Dirlam, Executive Vice President - Land & Operations
Robert Grabb, Independent Director
Bahram Akradi, Non-Executive Lead Independent Chairman of the Board
Michael Frantz, Independent Director
Michael Reger, Founder Emeritus
Lisa Bromiley, Lead Independent Director
Evelyn Infurna, Vice Relations
James Evans, Senior Vice President - Engineering
Michael Popejoy, Independent Director
Stuart Lasher, Independent Director
Chad CPA, Chief Officer
Jennifer Pomerantz, Independent Director
Jack King, Independent Director
Michael Kelly, Executive Vice President - Finance
Chad Allen, Chief Accounting Officer, Corporate Controller
Nicholas OGrady, President, Chief Financial Officer
Erik Romslo, Executive Vice President, General Counsel, Secretary
Roy Easley, Independent Director

Northern Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Northern Oil a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Oil Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.