Northern Oil and Gas, Inc. (NOG)

NYSE: NOG · IEX Real-Time Price · USD
39.66
+0.64 (1.64%)
Mar 28, 2024, 3:59 PM EDT - Market closed

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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%
Dividend Details

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 Forecasts

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