Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
21.44
-0.36 (-1.65%)
Jul 24, 2026, 12:09 PM EDT - Market open

Northern Oil and Gas Statistics

Total Valuation

NOG has a market cap or net worth of $2.32 billion. The enterprise value is $4.85 billion.

Market Cap2.32B
Enterprise Value 4.85B

Important Dates

The next confirmed earnings date is Thursday, August 6, 2026, after market close.

Earnings Date Aug 6, 2026
Ex-Dividend Date Jun 29, 2026

Share Statistics

NOG has 108.32 million shares outstanding. The number of shares has decreased by -3.13% in one year.

Current Share Class 108.32M
Shares Outstanding 108.32M
Shares Change (YoY) -3.13%
Shares Change (QoQ) +1.42%
Owned by Insiders (%) 2.79%
Owned by Institutions (%) 101.43%
Float 105.24M

Valuation Ratios

PE Ratio n/a
Forward PE 5.11
PS Ratio 1.21
Forward PS 1.01
PB Ratio 1.29
P/TBV Ratio 1.31
P/FCF Ratio n/a
P/OCF Ratio 1.64
PEG Ratio 5.20
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.52
EV / EBITDA 6.57
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.53, with a Debt / Equity ratio of 1.43.

Current Ratio 0.53
Quick Ratio 0.50
Debt / Equity 1.43
Debt / EBITDA 3.46
Debt / FCF n/a
Interest Coverage -0.40

Financial Efficiency

Return on equity (ROE) is -29.77% and return on invested capital (ROIC) is 8.77%.

Return on Equity (ROE) -29.77%
Return on Assets (ROA) 4.31%
Return on Invested Capital (ROIC) 8.77%
Return on Capital Employed (ROCE) -1.48%
Weighted Average Cost of Capital (WACC) 6.66%
Revenue Per Employee $30.08M
Profits Per Employee -$9.74M
Employee Count64
Asset Turnover 0.34
Inventory Turnover n/a

Taxes

Income Tax -195.93M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -22.76% in the last 52 weeks. The beta is 0.71, so NOG's price volatility has been lower than the market average.

Beta (5Y) 0.71
52-Week Price Change -22.76%
50-Day Moving Average 20.88
200-Day Moving Average 23.62
Relative Strength Index (RSI) 59.60
Average Volume (20 Days) 3,596,851

Short Selling Information

The latest short interest is 21.00 million, so 19.39% of the outstanding shares have been sold short.

Short Interest 21.00M
Short Previous Month 17.43M
Short % of Shares Out 19.39%
Short % of Float 19.95%
Short Ratio (days to cover) 6.07

Income Statement

In the last 12 months, NOG had revenue of $1.93 billion and -$623.07 million in losses. Loss per share was -$6.38.

Revenue1.93B
Gross Profit 1.44B
Operating Income 386.00M
Pretax Income -819.00M
Net Income -623.07M
EBITDA 737.81M
EBIT -68.45M
Loss Per Share -$6.38
Full Income Statement

Balance Sheet

The company has $37.04 million in cash and $2.55 billion in debt, with a net cash position of -$2.51 billion or -$23.21 per share.

Cash & Cash Equivalents 37.04M
Total Debt 2.55B
Net Cash -2.51B
Net Cash Per Share -$23.21
Equity (Book Value) 1.78B
Book Value Per Share 16.94
Working Capital -426.48M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.42 billion and capital expenditures -$1.62 billion, giving a free cash flow of -$201.11 million.

Operating Cash Flow 1.42B
Capital Expenditures -1.62B
Depreciation & Amortization 1.06B
Net Borrowing 243.81M
Free Cash Flow -201.11M
FCF Per Share -$1.86
Full Cash Flow Statement

Margins

Gross margin is 74.58%, with operating and profit margins of 20.05% and -32.36%.

Gross Margin 74.58%
Operating Margin 20.05%
Pretax Margin -42.54%
Profit Margin -32.36%
EBITDA Margin 39.27%
EBIT Margin -3.64%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 8.40%.

Dividend Per Share $1.80
Dividend Yield 8.40%
Dividend Growth (YoY) 3.45%
Years of Dividend Growth 4
Payout Ratio n/a
Buyback Yield 3.13%
Shareholder Yield 11.46%
Earnings Yield -26.68%
FCF Yield -8.61%
Dividend Details

Analyst Forecast

The average price target for NOG is $30.89, which is 44.08% higher than the current price. The consensus rating is "Buy".

Price Target $30.89
Price Target Difference 44.08%
Analyst Consensus Buy
Analyst Count 9
Revenue Growth Forecast (3Y) 6.44%
EPS Growth Forecast (3Y) -2.85%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

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 0.88 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.88
Piotroski F-Score 3