Northern Oil Gas Stock Analysis

NOG Stock  USD 30.11  0.69  2.24%   
Northern Oil Gas is overvalued with Real Value of 27.13 and Target Price of 49.38. The main objective of Northern Oil stock analysis is to determine its intrinsic value, which is an estimate of what Northern Oil Gas is worth, separate from its market price. There are two main types of Northern Oil's stock analysis: fundamental analysis and technical analysis.
The Northern Oil stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Northern Oil's ongoing operational relationships across important fundamental and technical indicators.
  
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.

Northern Stock Analysis Notes

About 93.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.29. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Northern Oil Gas has Price/Earnings To Growth (PEG) ratio of 0.56. The entity recorded earning per share (EPS) of 5.14. The firm last dividend was issued on the 28th of March 2025. Northern Oil had 1:10 split on the 21st of September 2020. 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. To find out more about Northern Oil Gas contact the company at 952 476 9800 or learn more at https://www.noginc.com.

Northern Oil Gas Investment Alerts

Northern Oil Gas generated a negative expected return over the last 90 days
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.
Over 93.0% of Northern Oil shares are owned by institutional investors
On 31st of January 2025 Northern Oil paid $ 0.42 per share dividend to its current shareholders
Latest headline from zacks.com: Northern Oil and Gas Down 13 percent Since Last Earnings Report Can It Rebound

Northern Oil Gas Upcoming and Recent Events

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

Earnings surprises can significantly impact Northern Oil's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-05-07
2021-03-310.560.620.0610 
2020-05-11
2020-03-310.340.40.0617 
2017-08-08
2017-06-30-0.14-0.05860.081458 
View All Earnings Estimates

Northern Oil Environmental, Social, and Governance (ESG) Scores

Northern Oil's ESG score is a quantitative measure that evaluates Northern Oil's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Northern Oil's operations that may have significant financial implications and affect Northern Oil's stock price as well as guide investors towards more socially responsible investments.

Northern Oil Thematic Classifications

In addition to having Northern Oil stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
SRI Sustainable Growth Idea
SRI Sustainable Growth
Large and mid-sized companies that operate under the guidelines of socially responsible investing - SRI
Millennials Best Idea
Millennials Best
Firms that are involved in making products or providing services to millennials

Northern Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Morgan Stanley - Brokerage Accounts2024-12-31
1.9 M
Channing Capital Management, Llc2024-12-31
1.8 M
Goldman Sachs Group Inc2024-12-31
1.7 M
Westfield Capital Management Company, L.p.2024-12-31
1.6 M
Allspring Global Investments Holdings, Llc2024-12-31
1.4 M
Hood River Capital Management Llc2024-12-31
1.4 M
Northern Trust Corp2024-12-31
1.2 M
Nuveen Asset Management, Llc2024-12-31
1.2 M
Bank Of New York Mellon Corp2024-12-31
1.1 M
Blackrock Inc2024-12-31
15.4 M
Vanguard Group Inc2024-12-31
11.3 M
Note, although Northern Oil's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Northern Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.98 B.

Northern Profitablity

The company has Net Profit Margin of 0.26 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.26 %, which entails that for every 100 dollars of revenue, it generated $0.26 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.09  0.10 
Return On Capital Employed 0.17  0.17 
Return On Assets 0.09  0.10 
Return On Equity 0.22  0.45 

Management Efficiency

Northern Oil Gas 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).
Last ReportedProjected for Next Year
Book Value Per Share 23.24  19.21 
Tangible Book Value Per Share 23.24  19.35 
Enterprise Value Over EBITDA 3.84  4.04 
Price Book Value Ratio 1.60  1.68 
Enterprise Value Multiple 3.84  4.04 
Price Fair Value 1.60  1.68 
Enterprise Value6.1 B6.4 B
The management team at Northern Oil has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Dividend Yield
0.0598
Operating Margin
0.2628
Profit Margin
0.2593
Forward Dividend Yield
0.0598
Beta
1.855

Technical Drivers

As of the 23rd of March, Northern Oil secures the Standard Deviation of 2.38, mean deviation of 1.81, and Risk Adjusted Performance of (0.15). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Oil Gas, as well as the relationship between them. Please verify Northern Oil Gas standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Northern Oil Gas is priced some-what accurately, providing market reflects its recent price of 30.11 per share. Given that Northern Oil Gas has information ratio of (0.15), we recommend you to check Northern Oil's last-minute market performance to make sure the company can sustain itself at a future point.

Northern Oil Gas Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Northern Oil middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Northern Oil Gas. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Northern Oil Gas Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Northern Oil insiders, such as employees or executives, is commonly permitted as long as it does not rely on Northern Oil's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Northern Oil insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Northern Oil Outstanding Bonds

Northern Oil issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Northern Oil Gas uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Northern bonds can be classified according to their maturity, which is the date when Northern Oil Gas has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Northern Oil Predictive Daily Indicators

Northern Oil intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Northern Oil stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Northern Oil Corporate Filings

F4
18th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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F4
11th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
10th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
5th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
4th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
3rd of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
20th of February 2025
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
8K
19th of February 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Northern Oil Forecast Models

Northern Oil's time-series forecasting models are one of many Northern Oil's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Northern Oil's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Northern Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Northern Oil prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Northern shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Northern Oil. By using and applying Northern Stock analysis, traders can create a robust methodology for identifying Northern entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.31  0.33 
Operating Profit Margin 0.39  0.41 
Net Profit Margin 0.24  0.25 
Gross Profit Margin 1.03  0.58 

Current Northern Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Northern analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Northern analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
49.38Strong Buy12Odds
Northern Oil Gas current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Northern analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Northern stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Northern Oil Gas, talking to its executives and customers, or listening to Northern conference calls.
Northern Analyst Advice Details

Northern Stock Analysis Indicators

Northern Oil Gas stock analysis indicators help investors evaluate how Northern Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Northern Oil shares will generate the highest return on investment. By understating and applying Northern Oil stock analysis, traders can identify Northern Oil position entry and exit signals to maximize returns.
Begin Period Cash Flow8.2 M
Long Term Debt2.4 B
Common Stock Shares Outstanding101.3 M
Total Stockholder Equity2.3 B
Tax Provision160.5 M
Quarterly Earnings Growth Y O Y-0.817
Property Plant And Equipment Net8.2 M
Cash And Short Term Investments8.9 M
Cash8.9 M
Accounts Payable202.9 M
Net Debt2.4 B
50 Day M A34.369
Total Current Liabilities544.3 M
Other Operating Expenses1.3 B
Non Current Assets Total5.1 B
Forward Price Earnings7.1174
Non Currrent Assets Other5.1 B
Stock Based Compensation12 M

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When running Northern Oil's price analysis, check to measure Northern Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Oil is operating at the current time. Most of Northern Oil's value examination focuses on studying past and present price action to predict the probability of Northern Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Oil's price. Additionally, you may evaluate how the addition of Northern Oil to your portfolios can decrease your overall portfolio volatility.
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