Northern Oil and Gas Statistics
Total Valuation
NOG has a market cap or net worth of $3.53 billion. The enterprise value is $5.45 billion.
| Market Cap | 3.53B |
| Enterprise Value | 5.45B |
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 (%) | 115.74% |
| Float | 95.56M |
Valuation Ratios
The trailing PE ratio is 4.29 and the forward PE ratio is 7.34.
| PE Ratio | 4.29 |
| Forward PE | 7.34 |
| PS Ratio | 1.78 |
| Forward PS | 1.47 |
| PB Ratio | 1.53 |
| P/TBV Ratio | 1.53 |
| P/FCF Ratio | 31.24 |
| P/OCF Ratio | 2.42 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 2.90, with an EV/FCF ratio of 48.20.
| EV / Earnings | 6.51 |
| EV / Sales | 2.73 |
| EV / EBITDA | 2.90 |
| EV / EBIT | 4.56 |
| EV / FCF | 48.20 |
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 decreased by -6.57% in the last 52 weeks. The beta is 1.83, so NOG's price volatility has been higher than the market average.
| Beta (5Y) | 1.83 |
| 52-Week Price Change | -6.57% |
| 50-Day Moving Average | 39.62 |
| 200-Day Moving Average | 39.17 |
| Relative Strength Index (RSI) | 26.31 |
| Average Volume (20 Days) | 1,490,409 |
Short Selling Information
The latest short interest is 14.50 million, so 14.60% of the outstanding shares have been sold short.
| Short Interest | 14.50M |
| Short Previous Month | 15.60M |
| Short % of Shares Out | 14.60% |
| Short % of Float | 15.17% |
| Short Ratio (days to cover) | 12.29 |
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 |
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 |
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 |
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 | 5.65% |
Dividends & Yields
This stock pays an annual dividend of $1.68, which amounts to a dividend yield of 4.72%.
| Dividend Per Share | $1.68 |
| Dividend Yield | 4.72% |
| Dividend Growth (YoY) | 16.55% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 20.27% |
| Buyback Yield | -14.23% |
| Shareholder Yield | -9.51% |
| Earnings Yield | 23.71% |
| FCF Yield | 3.20% |
Analyst Forecast
The average price target for NOG is $46.82, which is 31.63% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $46.82 |
| Price Target Difference | 31.63% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 7.57% |
| EPS Growth Forecast (5Y) | -19.09% |
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 |