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Northern Oil And Gas (NOG)
NYSE:NOG
Northern Oil And Gas (NOG) Stock Price & Analysis
1,242 Followers
NOG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$28.37 - $43.29
Previous Close$42.76
Volume91.44K
Average Volume (3M)1.29M
Market Cap
$4.30B
Enterprise Value$6.10B
Total Cash (Recent Filing)$8.20M
Total Debt (Recent Filing)$1.84B
Price to Earnings (P/E)4.2
Beta1.08
Next Earnings
Apr 30, 2024EPS Estimate
$1.21Last Dividend Ex-Date
Mar 27, 2024Dividend Yield3.66%
Share Statistics
EPS (TTM)10.04
Shares Outstanding100,873,127
10 Day Avg. Volume1,424,258
30 Day Avg. Volume1,285,769
Standard Deviation0.20
R-Squared0.25
Alpha0.00539
Financial Highlights & Ratios
Price to Book (P/B)2.09
Price to Sales (P/S)1.99
Price to Cash Flow (P/CF)3.10
P/FCF Ratio82.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.13
Enterprise Value/Gross Profit3.35
Enterprise Value/Ebitda4.20
Forecast
1Y Price Target
$47.41Price Target Upside10.15% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Northern Oil And Gas News
Bulls Say, Bears Say
Bulls Say
Analyst RatingNorthern Oil and Gas, Inc. has a 'BUY' rating from analysts, indicating confidence in the company's future performance.
Financial ValuationAnalysts' NAV and DCF calculations value Northern Oil and Gas, Inc. at over $50 per share, suggesting significant upside potential.
Growth PotentialAnalyst views larger scale transactions as a strong possibility for Northern Oil and Gas, Inc., given the ongoing wave of consolidation in the industry.
Bears Say
Financial PerformanceHigher DD&A on reserves accounting may be a tax shield but also lowers pre-tax earnings.
Production ConcernsMascot project wells shut-in affecting near-term production.
Strategic ChallengesAnalysts anticipate uncertainty in oil prices could slow down large-scale acquisitions, possibly affecting growth.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
NOG FAQ
What was Northern Oil And Gas’s price range in the past 12 months?
Northern Oil And Gas lowest stock price was $28.36 and its highest was $43.29 in the past 12 months.
What is Northern Oil And Gas’s market cap?
Currently, no data Available
When is Northern Oil And Gas’s upcoming earnings report date?
Northern Oil And Gas’s upcoming earnings report date is Apr 30, 2024 which is in 12 days.
How were Northern Oil And Gas’s earnings last quarter?
Northern Oil And Gas released its earnings results on Feb 22, 2024. The company reported $1.61 earnings per share for the quarter, missing the consensus estimate of $1.65 by -$0.04.
Is Northern Oil And Gas overvalued?
According to Wall Street analysts Northern Oil And Gas’s price is currently Undervalued.
Does Northern Oil And Gas pay dividends?
Northern Oil And Gas pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 3.66%. See more information on Northern Oil And Gas dividends here
What is Northern Oil And Gas’s EPS estimate?
Northern Oil And Gas’s EPS estimate is $1.21.
How many shares outstanding does Northern Oil And Gas have?
Northern Oil And Gas has 100,873,130 shares outstanding.
What happened to Northern Oil And Gas’s price movement after its last earnings report?
Northern Oil And Gas reported an EPS of $1.61 in its last earnings report, missing expectations of $1.65. Following the earnings report the stock price went down -0.058%.
Which hedge fund is a major shareholder of Northern Oil And Gas?
Among the largest hedge funds holding Northern Oil And Gas’s share is 12th Street Asset Management Company, LLC. It holds Northern Oil And Gas’s shares valued at 13M.
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Northern Oil And Gas Stock Smart Score
Neutral
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$47.41 (10.15% Upside)
$47.41 (10.15% Upside)
Blogger Sentiment
Bullish
NOG Sentiment 80%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 16.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 10.9%
Last 30 Days ▼ 10.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.14%
12-Months-Change
Fundamentals
Return on Equity
66.09%
Trailing 12-Months
Asset Growth
55.96%
Trailing 12-Months
Company Description
Northern Oil And Gas
Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. It focuses on the Bakken and Three Forks formation within the Williston Basin in North Dakota and Montana. The company was founded on March 20, 2007 and is headquartered in Minnetonka, MN.
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NOG Company Deck
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NOG Earnings Call
Q4 2024
0:00 / 0:00
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NOG Stock 12 Months Forecast
Average Price Target
$47.41
▲(10.15% Upside)
Technical Analysis
Best Analysts Covering NOG
1 Year
1 Year Success Rate
33/33 ratings generated profit
1 Year Average Return
+43.08%
reiterated a buy rating 3 days ago
Copying Scott Hanold's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +43.08% per trade.
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