Northern Oil and Gas, Inc. (NOG)
Total Valuation
NOG has a market cap or net worth of $3.94 billion. The enterprise value is $5.76 billion.
Market Cap | 3.94B |
Enterprise Value | 5.76B |
Important Dates
The next estimated earnings date is Thursday, May 2, 2024, after market close.
Earnings Date | May 2, 2024 |
Ex-Dividend Date | Mar 27, 2024 |
Share Statistics
NOG has 100.87 million shares outstanding. The number of shares has increased by 6.21% in one year.
Shares Outstanding | 100.87M |
Shares Change (YoY) | +6.21% |
Shares Change (QoQ) | +6.56% |
Owned by Insiders (%) | 7.33% |
Owned by Institutions (%) | 101.62% |
Float | 93.49M |
Valuation Ratios
The trailing PE ratio is 3.96 and the forward PE ratio is 7.77. NOG's PEG ratio is 1.07.
PE Ratio | 3.96 |
Forward PE | 7.77 |
PS Ratio | 1.82 |
Forward PS | 1.78 |
PB Ratio | 1.92 |
P/FCF Ratio | n/a |
PEG Ratio | 1.07 |
Enterprise Valuation
EV / Earnings | 6.24 |
EV / Sales | 2.66 |
EV / EBITDA | 3.55 |
EV / EBIT | 5.07 |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.32, with a Debt / Equity ratio of 0.90.
Current Ratio | 1.32 |
Quick Ratio | 0.98 |
Debt / Equity | 0.90 |
Debt / EBITDA | 1.13 |
Debt / FCF | n/a |
Interest Coverage | 8.38 |
Financial Efficiency
Return on equity (ROE) is 62.40% and return on invested capital (ROIC) is 26.64%.
Return on Equity (ROE) | 62.40% |
Return on Assets (ROA) | 23.40% |
Return on Capital (ROIC) | 26.64% |
Revenue Per Employee | $57.01M |
Profits Per Employee | $24.29M |
Employee Count | 38 |
Asset Turnover | 0.55 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, NOG has paid $77.77 million in taxes.
Income Tax | 77.77M |
Effective Tax Rate | 7.77% |
Stock Price Statistics
The stock price has increased by +34.46% in the last 52 weeks. The beta is 1.86, so NOG's price volatility has been higher than the market average.
Beta (1Y) | 1.86 |
52-Week Price Change | +34.46% |
50-Day Moving Average | 35.36 |
200-Day Moving Average | 37.30 |
Relative Strength Index (RSI) | 71.20 |
Average Volume (30 Days) | 1,238,334 |
Short Selling Information
The latest short interest is 10.95 million, so 10.85% of the outstanding shares have been sold short.
Short Interest | 10.95M |
Short Previous Month | 9.64M |
Short % of Shares Out | 10.85% |
Short % of Float | 11.71% |
Short Ratio (days to cover) | 8.62 |
Income Statement
In the last 12 months, NOG had revenue of $2.17 billion and earned $922.97 million in profits. Earnings per share was $10.03.
Revenue | 2.17B |
Gross Profit | 1.66B |
Operating Income | 1.12B |
Pretax Income | 1.00B |
Net Income | 922.97M |
EBITDA | 1.62B |
EBIT | 1.14B |
Earnings Per Share (EPS) | $10.03 |
Balance Sheet
The company has $8.20 million in cash and $1.84 billion in debt, giving a net cash position of -$1.83 billion or -$18.12 per share.
Cash & Cash Equivalents | 8.20M |
Total Debt | 1.84B |
Net Cash | -1.83B |
Net Cash Per Share | -$18.12 |
Equity / Book Value | 2.05B |
Book Value Per Share | 20.30 |
Working Capital | 123.65M |
Cash Flow
In the last 12 months, operating cash flow was $1.18 billion and capital expenditures -$1.85 billion, giving a free cash flow of -$661.93 million.
Operating Cash Flow | 1.18B |
Capital Expenditures | -1.85B |
Free Cash Flow | -661.93M |
FCF Per Share | -$7.24 |
Margins
Gross margin is 76.59%, with operating and profit margins of 51.79% and 42.61%.
Gross Margin | 76.59% |
Operating Margin | 51.79% |
Pretax Margin | 46.20% |
Profit Margin | 42.61% |
EBITDA Margin | 74.90% |
EBIT Margin | 52.46% |
FCF Margin | -30.56% |
Dividends & Yields
This stock pays an annual dividend of $1.60, which amounts to a dividend yield of 4.03%.
Dividend Per Share | $1.60 |
Dividend Yield | 4.03% |
Dividend Growth (YoY) | 43.52% |
Years of Dividend Growth | 3 |
Payout Ratio | 15.95% |
Buyback Yield | -6.21% |
Shareholder Yield | -2.18% |
Earnings Yield | 23.45% |
FCF Yield | -16.82% |
Analyst Forecast
The average price target for NOG is $46.40, which is 16.99% higher than the current price. The consensus rating is "Buy".
Price Target | $46.40 |
Price Target Difference | 16.99% |
Analyst Consensus | Buy |
Analyst Count | 10 |
Revenue Growth Forecast (5Y) | -0.33% |
EPS Growth Forecast (5Y) | -14.05% |
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 2.3 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 2.3 |
Piotroski F-Score | 6 |