Northern Oil and Gas Statistics
Total Valuation
NOG has a market cap or net worth of $2.17 billion. The enterprise value is $4.48 billion.
Important Dates
The last earnings date was Thursday, November 6, 2025, after market close.
| Earnings Date | Nov 6, 2025 |
| Ex-Dividend Date | Dec 30, 2025 |
Share Statistics
NOG has 97.14 million shares outstanding. The number of shares has decreased by -1.31% in one year.
| Current Share Class | 97.14M |
| Shares Outstanding | 97.14M |
| Shares Change (YoY) | -1.31% |
| Shares Change (QoQ) | -2.28% |
| Owned by Insiders (%) | 3.00% |
| Owned by Institutions (%) | 119.09% |
| Float | 94.20M |
Valuation Ratios
The trailing PE ratio is 12.27 and the forward PE ratio is 7.26.
| PE Ratio | 12.27 |
| Forward PE | 7.26 |
| PS Ratio | 1.07 |
| Forward PS | 1.03 |
| PB Ratio | 0.97 |
| P/TBV Ratio | 0.97 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 1.46 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 24.74 |
| EV / Sales | 2.19 |
| EV / EBITDA | 2.64 |
| EV / EBIT | 9.90 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.10, with a Debt / Equity ratio of 1.05.
| Current Ratio | 1.10 |
| Quick Ratio | 0.77 |
| Debt / Equity | 1.05 |
| Debt / EBITDA | 1.38 |
| Debt / FCF | n/a |
| Interest Coverage | 2.57 |
Financial Efficiency
Return on equity (ROE) is 7.95% and return on invested capital (ROIC) is 6.39%.
| Return on Equity (ROE) | 7.95% |
| Return on Assets (ROA) | 5.37% |
| Return on Invested Capital (ROIC) | 6.39% |
| Return on Capital Employed (ROCE) | 9.06% |
| Revenue Per Employee | $41.84M |
| Profits Per Employee | $3.70M |
| Employee Count | 49 |
| Asset Turnover | 0.39 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, NOG has paid $55.41 million in taxes.
| Income Tax | 55.41M |
| Effective Tax Rate | 23.42% |
Stock Price Statistics
The stock price has decreased by -45.00% in the last 52 weeks. The beta is 1.06, so NOG's price volatility has been similar to the market average.
| Beta (5Y) | 1.06 |
| 52-Week Price Change | -45.00% |
| 50-Day Moving Average | 23.54 |
| 200-Day Moving Average | 27.06 |
| Relative Strength Index (RSI) | 50.04 |
| Average Volume (20 Days) | 2,143,944 |
Short Selling Information
The latest short interest is 20.60 million, so 21.21% of the outstanding shares have been sold short.
| Short Interest | 20.60M |
| Short Previous Month | 21.56M |
| Short % of Shares Out | 21.21% |
| Short % of Float | 21.87% |
| Short Ratio (days to cover) | 9.74 |
Income Statement
In the last 12 months, NOG had revenue of $2.05 billion and earned $181.19 million in profits. Earnings per share was $1.82.
| Revenue | 2.05B |
| Gross Profit | 1.58B |
| Operating Income | 452.91M |
| Pretax Income | 236.60M |
| Net Income | 181.19M |
| EBITDA | 1.70B |
| EBIT | 452.91M |
| Earnings Per Share (EPS) | $1.82 |
Full Income StatementBalance Sheet
The company has $31.65 million in cash and $2.35 billion in debt, giving a net cash position of -$2.31 billion or -$23.82 per share.
| Cash & Cash Equivalents | 31.65M |
| Total Debt | 2.35B |
| Net Cash | -2.31B |
| Net Cash Per Share | -$23.82 |
| Equity (Book Value) | 2.24B |
| Book Value Per Share | 23.10 |
| Working Capital | 47.14M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $1.48 billion and capital expenditures -$1.62 billion, giving a free cash flow of -$141.19 million.
| Operating Cash Flow | 1.48B |
| Capital Expenditures | -1.62B |
| Free Cash Flow | -141.19M |
| FCF Per Share | -$1.45 |
Full Cash Flow StatementMargins
Gross margin is 77.06%, with operating and profit margins of 22.09% and 8.84%.
| Gross Margin | 77.06% |
| Operating Margin | 22.09% |
| Pretax Margin | 11.54% |
| Profit Margin | 8.84% |
| EBITDA Margin | 82.67% |
| EBIT Margin | 22.09% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 8.06%.
| Dividend Per Share | $1.80 |
| Dividend Yield | 8.06% |
| Dividend Growth (YoY) | 9.76% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 98.93% |
| Buyback Yield | 1.31% |
| Shareholder Yield | 9.37% |
| Earnings Yield | 8.36% |
| FCF Yield | -6.51% |
Dividend DetailsAnalyst Forecast
The average price target for NOG is $29.57, which is 32.48% higher than the current price. The consensus rating is "Buy".
| Price Target | $29.57 |
| Price Target Difference | 32.48% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 4.37% |
| EPS Growth Forecast (5Y) | -0.19% |
Stock ForecastsFair 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 1.37 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.37 |
| Piotroski F-Score | 4 |
