Northern Oil & Gas Inc NOG
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
NOG Provides Update on First Quarter Hedging Results and Stock Repurchases
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NOG Schedules First Quarter 2024 Earnings Release and Conference Call
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NOG Publishes 2022 ESG Report
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NOG CEO Nick O’Grady to Present at the Raymond James 45th Annual Institutional Investors Conference on March 5, 2024
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NOG Announces Fourth Quarter and Full Year 2023 Results; Provides Detailed 2024 Guidance
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NOG Provides Fourth Quarter 2023 Operations Update and Preliminary 2024 Guidance
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NOG Declares $0.40 Quarterly Cash Dividend, 18% Increase Year-over-Year and Provides Update on Current Hedge Position
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NOG Announces Closings of Utica and Northern Delaware Acquisitions
Trading Information
- Previous Close Price
- $42.96
- Day Range
- $42.38–43.00
- 52-Week Range
- $29.57–43.60
- Bid/Ask
- $42.74 / $42.79
- Market Cap
- $4.31 Bil
- Volume/Avg
- 14 / 1.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- 6.70
- Price/Sales
- 2.07
- Dividend Yield (Trailing)
- 3.61%
- Dividend Yield (Forward)
- 3.72%
- Total Yield
- 3.61%
Company Profile
Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production. Company’s oil and natural gas sales come from three geographic areas in the United States: the Williston Basin (North Dakota and Montana), the Permian Basin (New Mexico and Texas), and the Appalachian Basin (Pennsylvania and Ohio).
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Small Value
- Total Number of Employees
- 38
- Website
- https://www.northernoil.com
Comparables
Valuation
|
Metric
|
NOG
|
VTS
|
PDCE
|
|---|---|---|---|
Price/Earnings (Normalized) | 6.70 | 12.70 | 6.01 |
Price/Book Value | 2.11 | 1.21 | 1.45 |
Price/Sales | 2.07 | 2.91 | 1.68 |
Price/Cash Flow | 3.07 | 4.68 | 2.81 |
Price/Earnings
NOG
VTS
PDCE
Financial Strength
|
Metric
|
NOG
|
VTS
|
PDCE
|
|---|---|---|---|
Quick Ratio | 0.99 | 0.75 | 0.43 |
Current Ratio | 1.32 | 0.97 | 0.49 |
Interest Coverage | 8.38 | 9.00 | 36.01 |
Quick Ratio
NOG
VTS
PDCE
Profitability
|
Metric
|
NOG
|
VTS
|
PDCE
|
|---|---|---|---|
Return on Assets (Normalized) | 19.64% | 7.53% | 13.91% |
Return on Equity (Normalized) | 55.04% | 9.64% | 28.15% |
Return on Invested Capital (Normalized) | 27.68% | 9.42% | 21.43% |
Return on Assets
NOG
VTS
PDCE
Oil & Gas E&P Industry Comparables
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Ticker
|
Name
|
Morningstar Rating for Stocks
|
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|
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