Stock NOG NORTHERN OIL AND GAS, INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Northern Oil and Gas, Inc.

Equities

NOG

US6655313079

Oil & Gas Exploration and Production

Market Closed - Nyse
Other stock markets
 04:00:02 2024-07-08 pm EDT 		5-day change 1st Jan Change
38.82 USD +1.97% Intraday chart for Northern Oil and Gas, Inc. +3.03% +4.72%
Jul. 01 Truist Securities Adjusts Price Target on Northern Oil & Gas to $57 From $56, Maintains Buy Rating MT
Jul. 01 Northern Oil and Gas, Inc.(NYSE:NOG) added to Russell 2000 Value-Defensive Index CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 948.3 401.5 1,582 2,618 3,718 3,904 - -
Enterprise Value (EV) 1 2,050 1,345 2,376 4,141 5,546 5,400 5,170 5,064
P/E ratio -11.7 x -0.41 x -158 x 3.46 x 3.7 x 9.71 x 6.25 x -
Yield - - 0.75% 2.86% 4.02% 4.1% 4.17% 4.3%
Capitalization / Revenue 1.58 x 1.24 x 1.62 x 1.32 x 1.96 x 1.88 x 1.73 x 1.85 x
EV / Revenue 3.41 x 4.15 x 2.44 x 2.09 x 2.92 x 2.6 x 2.29 x 2.4 x
EV / EBITDA 4.51 x 3.82 x 4.38 x 3.81 x 3.88 x 3.56 x 3.29 x 3.8 x
EV / FCF -8.94 x 28.2 x -12 x - 15.3 x 11.2 x 11.2 x 9.43 x
FCF Yield -11.2% 3.55% -8.3% - 6.54% 8.9% 8.94% 10.6%
Price to Book - - - - 1.82 x 1.63 x 1.37 x 1.23 x
Nbr of stocks (in thousands) 40,524 45,829 76,892 84,936 100,302 100,575 - -
Reference price 2 23.40 8.760 20.58 30.82 37.07 38.82 38.82 38.82
Announcement Date 3/12/20 3/12/21 2/24/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 601.2 324.1 975.1 1,986 1,898 2,079 2,257 2,109
EBITDA 1 454.2 351.8 543 1,086 1,428 1,515 1,571 1,334
EBIT 1 236 185.5 402.1 829.4 936.6 799.2 945.3 770.7
Operating Margin 39.26% 57.25% 41.24% 41.77% 49.35% 38.45% 41.88% 36.54%
Earnings before Tax (EBT) 1 -76.32 -906.2 6.594 776.3 1,001 489.6 666.1 434.3
Net income 1 -76.32 -921.3 -8.4 727.7 923 419.4 629.1 -
Net margin -12.69% -284.31% -0.86% 36.65% 48.63% 20.18% 27.87% -
EPS 2 -2.000 -21.55 -0.1300 8.920 10.03 3.997 6.215 -
Free Cash Flow 1 -229.4 47.76 -197.3 - 362.9 480.5 462 537
FCF margin -38.15% 14.74% -20.24% - 19.12% 23.12% 20.47% 25.46%
FCF Conversion (EBITDA) - 13.58% - - 25.41% 31.71% 29.4% 40.26%
FCF Conversion (Net income) - - - - 39.32% 114.56% 73.44% -
Dividend per Share 2 - - 0.1550 0.8800 1.490 1.593 1.620 1.671
Announcement Date 3/12/20 3/12/21 2/24/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 332.4 456.5 549.6 534 445.6 426.2 416.5 511.7 543.4 532 552.5 554.1 535 533.5
EBITDA 1 175.3 256.6 272.5 292.4 264.8 325.5 315.5 385.5 401.7 387 382.7 393.6 373.5 370.6
EBIT 1 132.5 203.4 216.3 225.1 186 228.7 208 250.6 249.3 210.8 205.7 221.2 195.4 -
Operating Margin 39.85% 44.57% 39.36% 42.14% 41.75% 53.66% 49.93% 48.97% 45.88% 39.62% 37.23% 39.92% 36.52% -
Earnings before Tax (EBT) 1 175 -205.8 252.3 584.8 145 340.9 206.8 5.419 447.6 14.45 161.9 162.9 153.7 125.5
Net income 1 171.1 -224.5 238.1 580.9 133.3 340.2 167.8 26.11 388.9 11.61 130.3 141.5 133.7 141.5
Net margin 51.49% -49.19% 43.32% 108.76% 29.91% 79.81% 40.29% 5.1% 71.56% 2.18% 23.58% 25.54% 24.98% 26.52%
EPS 2 2.130 -2.920 2.740 6.770 1.630 3.980 1.880 0.2800 3.900 0.1100 1.287 1.371 1.317 1.400
Dividend per Share 2 - - - - 0.3000 0.3400 0.3700 0.3800 0.4000 - 0.4000 0.4000 0.4000 0.4000
Announcement Date 2/24/22 5/5/22 8/3/22 11/8/22 2/23/23 5/4/23 8/2/23 11/1/23 2/22/24 4/30/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,102 943 794 1,523 1,827 1,495 1,265 1,160
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.426 x 2.682 x 1.462 x 1.402 x 1.279 x 0.987 x 0.8054 x 0.8693 x
Free Cash Flow 1 -229 47.8 -197 - 363 481 462 537
ROE (net income / shareholders' equity) - - - 118% 43.3% 23.3% 20.8% 15.3%
ROA (Net income/ Total Assets) - - - 33.1% - - - -
Assets 1 - - - 2,199 - - - -
Book Value Per Share 2 - - - - 20.30 23.90 28.40 31.50
Cash Flow per Share 2 8.780 7.760 7.260 10.10 13.10 14.10 14.20 -
Capex 1 569 284 594 - 927 915 961 999
Capex / Sales 94.66% 87.62% 60.9% - 48.82% 44.03% 42.56% 47.36%
Announcement Date 3/12/20 3/12/21 2/24/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Northern Oil and Gas, Inc.

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
38.82 USD
Average target price
49.68 USD
Spread / Average Target
+27.98%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Oil & Gas Exploration and Production

1st Jan change Capi.
NORTHERN OIL AND GAS, INC. Stock Northern Oil and Gas, Inc.
+4.72% 3.9B
CHEVRON CORPORATION Stock Chevron Corporation
+3.47% 284B
CNOOC LIMITED Stock CNOOC Limited
+76.54% 146B
CONOCOPHILLIPS Stock ConocoPhillips
-3.31% 131B
CANADIAN NATURAL RESOURCES LIMITED Stock Canadian Natural Resources Limited
+13.05% 76.69B
EOG RESOURCES, INC. Stock EOG Resources, Inc.
+3.87% 72.2B
OCCIDENTAL PETROLEUM CORPORATION Stock Occidental Petroleum Corporation
+2.08% 54.04B
HESS CORPORATION Stock Hess Corporation
+1.71% 45.03B
WOODSIDE ENERGY GROUP LTD Stock Woodside Energy Group Ltd
-7.95% 36.8B
DIAMONDBACK ENERGY, INC. Stock Diamondback Energy, Inc.
+31.13% 36.27B
Other Oil & Gas Exploration and Production
  1. Stock Market
  2. Equities
  3. NOG Stock
  4. Financials Northern Oil and Gas, Inc.