Northern Historical Balance Sheet

NOG Stock  USD 30.64  0.30  0.97%   
Trend analysis of Northern Oil Gas balance sheet accounts such as Net Debt of 2.5 B provides information on Northern Oil's total assets, liabilities, and equity, which is the actual value of Northern Oil Gas to its prevalent stockholders. By breaking down trends over time using Northern Oil balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Northern Oil Gas latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Northern Oil Gas is a good buy for the upcoming year.

Northern Oil Inventory

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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.

About Northern Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Northern Oil Gas at a specified time, usually calculated after every quarter, six months, or one year. Northern Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Northern Oil and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Northern currently owns. An asset can also be divided into two categories, current and non-current.

Northern Oil Balance Sheet Chart

At this time, Northern Oil's Total Stockholder Equity is most likely to increase significantly in the upcoming years. The Northern Oil's current Net Debt is estimated to increase to about 2.5 B, while Current Deferred Revenue is forecasted to increase to (206.5 K).

Total Current Liabilities

Total Current Liabilities is an item on Northern Oil balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Northern Oil Gas are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.
Most accounts from Northern Oil's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Northern Oil Gas current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.
At this time, Northern Oil's Total Stockholder Equity is most likely to increase significantly in the upcoming years. The Northern Oil's current Net Debt is estimated to increase to about 2.5 B, while Current Deferred Revenue is forecasted to increase to (206.5 K).
 2022 2023 2024 2025 (projected)
Total Current Liabilities345.0M385.8M544.3M571.5M
Short and Long Term Debt Total1.5B1.8B2.4B2.5B

Northern Oil balance sheet Correlations

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0.440.80.60.78-0.230.910.760.340.78-0.831.00.30.880.50.720.25-0.220.72-0.250.730.760.750.730.550.39
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Northern Oil Account Relationship Matchups

Northern Oil balance sheet Accounts

202020212022202320242025 (projected)
Short Long Term Debt Total944.8M803.6M1.5B1.8B2.4B2.5B
Total Current Liabilities182.5M327.6M345.0M385.8M544.3M571.5M
Total Stockholder Equity(223.3M)215.1M745.3M2.0B2.3B2.4B
Net Debt943.4M793.9M1.5B1.8B2.4B2.5B
Retained Earnings(1.8B)(1.8B)(1.0B)(77.8M)442.5M464.6M
Common Stock Shares Outstanding42.7M63.0M86.7M92.1M101.3M106.3M
Non Current Liabilities Total912.9M980.2M1.8B2.1B2.7B2.9B
Other Stockholder Equity1.6B2.0B1.7B2.1B1.9B1.1B
Total Liab1.1B1.3B2.1B2.4B3.3B3.4B
Common Stock448K479K487K503K501K526.1K
Accounts Payable35.8M65.5M128.6M192.7M202.9M213.0M
Other Current Liab81.7M262.1M216.4M193.1M341.4M358.5M
Total Assets872.1M1.5B2.9B4.5B5.6B5.9B
Property Plant And Equipment Net735.2M1.3B2.5B3.9B8.2M7.8M
Cash1.4M9.5M2.5M8.2M8.9M16.2M
Non Current Assets Total746.5M1.3B2.6B4.0B5.1B5.4B
Cash And Short Term Investments1.4M9.5M2.5M8.2M8.9M8.5M
Liabilities And Stockholders Equity872.1M1.5B2.9B4.5B5.6B5.9B
Other Current Assets53.2M3.4M46.3M127.4M102.1M107.2M
Property Plant And Equipment Gross735.2M5.1B6.5B8.5B10.4B10.9B
Total Current Assets125.6M215.3M320.5M509.4M500.7M525.8M
Property Plant Equipment1.7B735.2M1.3B2.5B2.9B3.0B
Non Currrent Assets Other6.7M48.3M56.0M43.3M5.1B5.3B
Other Assets23.8M744.0M54.2M71.8M82.5M78.1M
Net Receivables71.0M193.6M271.7M373.8M389.7M409.2M
Inventory51.8M8.8M44.3M1.01.151.09
Other Liab25.2M32.6M176.7M259.5M298.5M313.4M
Long Term Debt879.8M803.4M1.5B1.8B2.4B2.5B
Net Tangible Assets558.6M(223.3M)215.1M745.3M857.0M899.9M
Long Term Debt Total1.1B879.8M803.4M1.5B1.8B1.1B
Capital Surpluse1.4B1.6B2.0B1.7B2.0B1.2B
Deferred Long Term Liab9.8M6.5M5.7M10.9M12.5M8.3M
Non Current Liabilities Other50K3.1M2.0M2.7M2.3M1.3M
Cash And Equivalents16.1M1.4M9.5M2.5M2.3M2.2M

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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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.