Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
42.33
+0.76 (1.82%)
Nov 21, 2024, 2:28 PM EST - Market open

Northern Oil and Gas Statistics

Total Valuation

NOG has a market cap or net worth of $4.20 billion. The enterprise value is $6.05 billion.

Market Cap 4.20B
Enterprise Value 6.05B

Important Dates

The last earnings date was Tuesday, November 5, 2024, after market close.

Earnings Date Nov 5, 2024
Ex-Dividend Date Sep 27, 2024

Share Statistics

NOG has 99.31 million shares outstanding. The number of shares has increased by 14.23% in one year.

Current Share Class 99.31M
Shares Outstanding 99.31M
Shares Change (YoY) +14.23%
Shares Change (QoQ) -1.24%
Owned by Insiders (%) 2.84%
Owned by Institutions (%) 114.30%
Float 92.41M

Valuation Ratios

The trailing PE ratio is 5.13 and the forward PE ratio is 8.32.

PE Ratio 5.13
Forward PE 8.32
PS Ratio 2.08
Forward PS 1.72
PB Ratio 1.78
P/TBV Ratio 1.78
P/FCF Ratio 36.51
P/OCF Ratio 2.83
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.22, with an EV/FCF ratio of 53.47.

EV / Earnings 7.22
EV / Sales 3.02
EV / EBITDA 3.22
EV / EBIT 5.06
EV / FCF 53.47

Financial Position

The company has a current ratio of 1.23, with a Debt / Equity ratio of 0.84.

Current Ratio 1.23
Quick Ratio 0.92
Debt / Equity 0.84
Debt / EBITDA 1.04
Debt / FCF 17.27
Interest Coverage 8.02

Financial Efficiency

Return on equity (ROE) is 45.01% and return on invested capital (ROIC) is 19.31%.

Return on Equity (ROE) 45.01%
Return on Assets (ROA) 15.95%
Return on Capital (ROIC) 19.31%
Revenue Per Employee $52.64M
Profits Per Employee $22.04M
Employee Count 38
Asset Turnover 0.43
Inventory Turnover n/a

Taxes

In the past 12 months, NOG has paid $203.13 million in taxes.

Income Tax 203.13M
Effective Tax Rate 19.52%

Stock Price Statistics

The stock price has increased by +12.85% in the last 52 weeks. The beta is 1.81, so NOG's price volatility has been higher than the market average.

Beta (5Y) 1.81
52-Week Price Change +12.85%
50-Day Moving Average 38.10
200-Day Moving Average 38.53
Relative Strength Index (RSI) 68.58
Average Volume (20 Days) 1,159,105

Short Selling Information

The latest short interest is 15.60 million, so 15.71% of the outstanding shares have been sold short.

Short Interest 15.60M
Short Previous Month 16.56M
Short % of Shares Out 15.71%
Short % of Float 16.89%
Short Ratio (days to cover) 14.79

Income Statement

In the last 12 months, NOG had revenue of $2.00 billion and earned $837.46 million in profits. Earnings per share was $8.29.

Revenue 2.00B
Gross Profit 1.59B
Operating Income 1.19B
Pretax Income 648.79M
Net Income 837.46M
EBITDA 1.88B
EBIT 1.19B
Earnings Per Share (EPS) $8.29
Full Income Statement

Balance Sheet

The company has $34.36 million in cash and $1.95 billion in debt, giving a net cash position of -$1.92 billion or -$19.32 per share.

Cash & Cash Equivalents 34.36M
Total Debt 1.95B
Net Cash -1.92B
Net Cash Per Share -$19.32
Equity (Book Value) 2.31B
Book Value Per Share 23.30
Working Capital 98.64M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.46 billion and capital expenditures -$1.35 billion, giving a free cash flow of $113.08 million.

Operating Cash Flow 1.46B
Capital Expenditures -1.35B
Free Cash Flow 113.08M
FCF Per Share $1.14
Full Cash Flow Statement

Margins

Gross margin is 79.24%, with operating and profit margins of 59.70% and 41.87%.

Gross Margin 79.24%
Operating Margin 59.70%
Pretax Margin 52.02%
Profit Margin 41.87%
EBITDA Margin 93.85%
EBIT Margin 59.70%
FCF Margin -13.43%

Dividends & Yields

This stock pays an annual dividend of $1.68, which amounts to a dividend yield of 3.95%.

Dividend Per Share $1.68
Dividend Yield 3.95%
Dividend Growth (YoY) 16.55%
Years of Dividend Growth 3
Payout Ratio 20.27%
Buyback Yield -14.23%
Shareholder Yield -10.19%
Earnings Yield 20.29%
FCF Yield 2.74%
Dividend Details

Analyst Forecast

The average price target for NOG is $47.09, which is 11.26% higher than the current price. The consensus rating is "Strong Buy".

Price Target $47.09
Price Target Difference 11.26%
Analyst Consensus Strong Buy
Analyst Count 11
Revenue Growth Forecast (5Y) 6.19%
EPS Growth Forecast (5Y) -17.59%
Stock Forecasts

Stock Splits

The last stock split was on September 21, 2020. It was a reverse split with a ratio of 0.1:1.

Last Split Date Sep 21, 2020
Split Type Reverse
Split Ratio 0.1:1

Scores

NOG has an Altman Z-Score of 2.13 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.13
Piotroski F-Score 6