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.
News
-
NOG Closes Point Acquisition
-
NOG Announces the Exercise of Option to Purchase Additional Uinta Basin Assets
-
NOG Declares $0.42 Quarterly Cash Dividend, 11% Increase Year-over-Year
-
NOG Announces Second Quarter 2024 Results, Updates 2024 Guidance
-
NOG Provides Shareholder Return Update; Plans Mid-Year Increase to Quarterly Dividend
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Vital Energy to Expand Delaware Basin Position Through Bolt-on Acquisition
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NOG Schedules Second Quarter 2024 Earnings Release and Conference Call
Trading Information
- Previous Close Price
- $33.98
- Day Range
- $34.47–35.19
- 52-Week Range
- $31.13–43.80
- Bid/Ask
- $34.13 / $35.50
- Market Cap
- $3.52 Bil
- Volume/Avg
- 1.4 Mil / 1.5 Mil
Key Statistics
- Price/Earnings (Normalized)
- 5.78
- Price/Sales
- 1.62
- Dividend Yield (Trailing)
- 4.61%
- Dividend Yield (Forward)
- 4.78%
- Total Yield
- 4.61%
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
|
MNR
|
CTRA
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.78 | — | 8.13 |
Price/Book Value | 1.70 | 1.40 | 1.35 |
Price/Sales | 1.62 | 1.76 | 3.16 |
Price/Cash Flow | 2.43 | 3.27 | 5.60 |
Price/Earnings
NOG
MNR
CTRA
Financial Strength
|
Metric
|
NOG
|
MNR
|
CTRA
|
|---|---|---|---|
Quick Ratio | 0.79 | 0.91 | 1.35 |
Current Ratio | 0.89 | 1.05 | 1.40 |
Interest Coverage | 5.35 | 5.25 | 15.62 |
Quick Ratio
NOG
MNR
CTRA
Profitability
|
Metric
|
NOG
|
MNR
|
CTRA
|
|---|---|---|---|
Return on Assets (Normalized) | 15.89% | 13.75% | 6.93% |
Return on Equity (Normalized) | 38.76% | 24.41% | 10.95% |
Return on Invested Capital (Normalized) | 22.46% | 19.30% | 9.19% |
Return on Assets
NOG
MNR
CTRA
Oil & Gas E&P Industry Comparables
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United States