Northern Oil & Gas/NOG

$42.50

1.07%
-
1D1W1MYTD1YMAX

About Northern Oil & Gas

Northern Oil and Gas, Inc. is a real asset company that focuses on acquiring and investing in non-operated minority working and mineral interests in the hydrocarbon producing basins within the contiguous United States. Its principal business is crude oil and natural gas exploration, development, and production with operations in the United States. Its 272,251-acre portfolio is distributed across the Williston, Permian, and Appalachia Basins. Its portfolio comprises about 272,251 acres of low-breakeven lands with over 9,765 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. It primarily engages in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include its acreage. In addition, it acquires wellbore-only working interests in wells. It also owns the Utica and Northern Delaware Basin assets.

Ticker

NOG

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Nicholas O'grady

Employees

38

Headquarters

Minnetonka, United States

NOG Metrics

BasicAdvanced
$4.29B
Market cap
4.23
P/E ratio
$10.04
EPS
1.84
Beta
$1.49
Dividend rate
3.77%
Dividend yield
$4.29B
1.83572
$43.64
$29.57
1.29M
$1.49
1.321
89.641
89.641
15.06%
8.29%
25.08%
66.09%
27.85%
4.229
1.98
2.089
2.095
3.51%
3.77%
37.93%
23.53%
57.71%

What the Analysts think about NOG

Analyst Ratings

Majority rating from 12 analysts.
Buy

Price Targets

Average projection from 12 analysts.
15.6% upside
High $55.00
Low $38.00
$42.50
Current price
$49.13
Average price target

NOG Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
48.99% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$793.5M
152.79%
Net income
$388.8M
1,389.66%
Profit margin
48.99%
489.53%

NOG Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 2.52%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.76
$1.49
$1.73
$1.61
-
Expected
$1.69
$1.35
$1.78
$1.65
$1.19
Surprise
3.86%
10.18%
-2.58%
-2.52%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Northern Oil & Gas stock?

Northern Oil & Gas (NOG) has a market cap of $4.25B as of April 21, 2024.

What is the P/E ratio for Northern Oil & Gas stock?

The price to earnings (P/E) ratio for Northern Oil & Gas (NOG) stock is 4.19 as of April 21, 2024.

Does Northern Oil & Gas stock pay dividends?

Yes, the Northern Oil & Gas (NOG) stock pays dividends to shareholders. As of April 21, 2024, the dividend rate is $1.49 and the yield is 3.8%. Northern Oil & Gas has a payout ratio of 15.06% on a trailing twelve-month basis.

When is the next Northern Oil & Gas dividend payment date?

The next Northern Oil & Gas (NOG) dividend payment is scheduled for April 30, 2024.

What is the beta indicator for Northern Oil & Gas?

Northern Oil & Gas (NOG) has a beta rating of 1.84. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Northern Oil & Gas stock price target?

The target price for Northern Oil & Gas (NOG) stock is $49.46, which is 16.38% above the current price of $42.5. This is an average based on projections from 12 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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