NOG:NYE-Northern Oil & Gas Inc (USD)

COMMON STOCK | Oil & Gas E&P | NYE

Last Closing Price

USD 25.36

Change

0.00 (0.00)%

Market Cap

USD 2.02B

Volume

0.73M

Avg Analyst Target

USD 50.00 (+97.16%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

NOG Stock Forecast & Price:
Based on the Northern Oil & Gas Inc stock forecasts from 5 analysts, the average analyst target price for Northern Oil & Gas Inc is USD 50.00 over the next 12 months. Northern Oil & Gas Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Northern Oil & Gas Inc is Slightly Bearish, which is based on 5 positive signals and 7 negative signals. At the last closing, Northern Oil & Gas Inc’s stock price was USD 25.36. Northern Oil & Gas Inc’s stock price has changed by -7.92% over the past week, -24.88% over the past month and +20.59% over the last year.

About Northern Oil & Gas Inc (NOG:NYE)

Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The company primarily holds interests in the Williston Basin, the Appalachia ...Read More

Company Website : https://www.northernoil.com

Address : 4350 Baker Road, Minnetonka, MN, United States, 55343

Employees : 25

Fiscal Year End : December

Currency: USD

Country : USA

Technical Indicators

Beta : 2.16

52 Week High : 38.83

Short Ratio : 6.25

52 Week Low : 13.74

Shorted Shares : 7,619,541

200 Day Moving Average : 24.94

Shorted Shares Previous Month : 7,685,914

50 Day Moving Average : 29.09

Shares Held By Insiders : 15.01%

Short Percentage : 11.71%

Shares Held by Institutions : 76.80%

Dividend Yield : 2.91%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2022-07-04 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
COP ConocoPhillips

N/A

 USD117.68B 9.37 4.95
EOG EOG Resources Inc

N/A

 USD65.38B 14.88 7.29
CNQ Canadian Natural Resources Ltd

N/A

 USD63.22B 8.91 4.00
OXY Occidental Petroleum Corporati..

N/A

 USD56.64B 9.14 5.67
PXD Pioneer Natural Resources Co

N/A

 USD54.18B 13.34 7.15
CEO CNOOC Limited

N/A

 USD53.21B 10.59 0.73
DVN Devon Energy Corporation

N/A

 USD36.37B 10.30 6.28
HES Hess Corporation

N/A

 USD32.80B 45.23 10.96
CLR Continental Resources Inc

N/A

 USD23.83B 11.96 6.52
CTRA Coterra Energy Inc

N/A

 USD21.22B 9.68 7.56

ETFs Containing NOG

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 23.23% 39% F 95% A
Dividend Return 1.60% 39% F 51% F
Total Return 24.83% 36% F 95% A
Trailing 12 Months  
Capital Gain 20.59% 37% F 93% A
Dividend Return 2.16% 40% F 42% F
Total Return 22.75% 34% F 93% A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 49.95% 74% C 94% A
Dividend Return 0.01% 3% F 1% F
Total Return 49.96% 72% C- 94% A
Risk Return Profile  
Volatility (Standard Deviation) 113.00% 29% F 6% F
Risk Adjusted Return 44.21% 72% C- 60% D-
Market Capitalization 2.02B 52% F 63% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 380.91 1% F 2% F
Price/Book Ratio 1.19 91% A- 63% D
Price / Cash Flow Ratio 5.10 59% F 57% F
EV/EBITDA 27.63 4% F 7% F
Management Effectiveness  
Return on Equity N/A N/A N/A N/A N/A
Return on Invested Capital 8.93% 29% F 63% D
Return on Assets -1.65% 16% F 13% F
Debt to Equity Ratio 373.46% 4% F 8% F
Technical Ratios  
Dividend Yield 2.91% 55% F 46% F
Short Ratio 6.25 13% F 13% F
Short Percent 11.71% 19% F 27% F
Beta 2.16 34% F 6% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date
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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector