Northern Oil and Gas Statistics
Total Valuation
NOG has a market cap or net worth of $2.68 billion. The enterprise value is $5.06 billion.
| Market Cap | 2.68B |
| Enterprise Value | 5.06B |
Important Dates
The next estimated earnings date is Tuesday, April 28, 2026, after market close.
| Earnings Date | Apr 28, 2026 |
| Ex-Dividend Date | Mar 30, 2026 |
Share Statistics
NOG has 97.29 million shares outstanding. The number of shares has decreased by -1.93% in one year.
| Current Share Class | 104.04M |
| Shares Outstanding | 97.29M |
| Shares Change (YoY) | -1.93% |
| Shares Change (QoQ) | +0.00% |
| Owned by Insiders (%) | 2.84% |
| Owned by Institutions (%) | 105.66% |
| Float | 93.85M |
Valuation Ratios
The trailing PE ratio is 70.54 and the forward PE ratio is 8.92.
| PE Ratio | 70.54 |
| Forward PE | 8.92 |
| PS Ratio | 1.36 |
| Forward PS | 1.25 |
| PB Ratio | 1.25 |
| P/TBV Ratio | 1.26 |
| P/FCF Ratio | 10.59 |
| P/OCF Ratio | 1.78 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 2.82, with an EV/FCF ratio of 20.00.
| EV / Earnings | 130.48 |
| EV / Sales | 2.58 |
| EV / EBITDA | 2.82 |
| EV / EBIT | 5.11 |
| EV / FCF | 20.00 |
Financial Position
The company has a current ratio of 1.09, with a Debt / Equity ratio of 1.13.
| Current Ratio | 1.09 |
| Quick Ratio | 0.71 |
| Debt / Equity | 1.13 |
| Debt / EBITDA | 1.33 |
| Debt / FCF | 9.47 |
| Interest Coverage | 5.72 |
Financial Efficiency
Return on equity (ROE) is 1.74% and return on invested capital (ROIC) is 13.49%.
| Return on Equity (ROE) | 1.74% |
| Return on Assets (ROA) | 11.23% |
| Return on Invested Capital (ROIC) | 13.49% |
| Return on Capital Employed (ROCE) | 20.32% |
| Weighted Average Cost of Capital (WACC) | 7.29% |
| Revenue Per Employee | $30.68M |
| Profits Per Employee | $605,641 |
| Employee Count | 64 |
| Asset Turnover | 0.36 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, NOG has paid $23.94 million in taxes.
| Income Tax | 23.94M |
| Effective Tax Rate | 38.19% |
Stock Price Statistics
The stock price has decreased by -4.48% in the last 52 weeks. The beta is 1.01, so NOG's price volatility has been similar to the market average.
| Beta (5Y) | 1.01 |
| 52-Week Price Change | -4.48% |
| 50-Day Moving Average | 25.06 |
| 200-Day Moving Average | 25.21 |
| Relative Strength Index (RSI) | 53.90 |
| Average Volume (20 Days) | 2,845,682 |
Short Selling Information
The latest short interest is 17.83 million, so 18.32% of the outstanding shares have been sold short.
| Short Interest | 17.83M |
| Short Previous Month | 18.87M |
| Short % of Shares Out | 18.32% |
| Short % of Float | 19.00% |
| Short Ratio (days to cover) | 9.12 |
Income Statement
In the last 12 months, NOG had revenue of $1.96 billion and earned $38.76 million in profits. Earnings per share was $0.39.
| Revenue | 1.96B |
| Gross Profit | 1.49B |
| Operating Income | 989.48M |
| Pretax Income | 62.71M |
| Net Income | 38.76M |
| EBITDA | 1.80B |
| EBIT | 989.48M |
| Earnings Per Share (EPS) | $0.39 |
Balance Sheet
The company has $14.30 million in cash and $2.40 billion in debt, with a net cash position of -$2.38 billion or -$24.47 per share.
| Cash & Cash Equivalents | 14.30M |
| Total Debt | 2.40B |
| Net Cash | -2.38B |
| Net Cash Per Share | -$24.47 |
| Equity (Book Value) | 2.13B |
| Book Value Per Share | 21.97 |
| Working Capital | 46.74M |
Cash Flow
In the last 12 months, operating cash flow was $1.51 billion and capital expenditures -$1.25 billion, giving a free cash flow of $252.83 million.
| Operating Cash Flow | 1.51B |
| Capital Expenditures | -1.25B |
| Free Cash Flow | 252.83M |
| FCF Per Share | $2.60 |
Margins
Gross margin is 75.88%, with operating and profit margins of 50.39% and 1.97%.
| Gross Margin | 75.88% |
| Operating Margin | 50.39% |
| Pretax Margin | 3.19% |
| Profit Margin | 1.97% |
| EBITDA Margin | 91.49% |
| EBIT Margin | 50.39% |
| FCF Margin | 12.87% |
Dividends & Yields
This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 6.54%.
| Dividend Per Share | $1.80 |
| Dividend Yield | 6.54% |
| Dividend Growth (YoY) | 6.51% |
| Years of Dividend Growth | 5 |
| Payout Ratio | 461.54% |
| Buyback Yield | 1.93% |
| Shareholder Yield | 8.47% |
| Earnings Yield | 1.45% |
| FCF Yield | 9.45% |
Analyst Forecast
The average price target for NOG is $31.00, which is 12.69% higher than the current price. The consensus rating is "Buy".
| Price Target | $31.00 |
| Price Target Difference | 12.69% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 6.01% |
| EPS Growth Forecast (5Y) | 63.85% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
The last stock split was on September 21, 2020. It was a reverse split with a ratio of 1:10.
| Last Split Date | Sep 21, 2020 |
| Split Type | Reverse |
| Split Ratio | 1:10 |
Scores
NOG has an Altman Z-Score of 1.59 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.59 |
| Piotroski F-Score | 5 |