Northern Oil & Gas/NOG

$35.66

-2.17%
-
1D1W1MYTD1YMAX

About Northern Oil & Gas

Northern Oil and Gas, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, exploitation, development and production of crude oil and natural gas properties in the United States, primarily in the Williston Basin, the Appalachian Basin, and the Permian Basin. Its primary focus is investing in non-operated minority working and mineral interests in oil and gas properties, with a core area of focus in three basins within the United States. 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. The Company also holds a 30% interest in Forge Energy II Delaware, LLC, (Forge Assets). Forge Assets are primarily located in Ward and Reeves Counties, Texas and include approximately 10,200 net acres, 30.5 net producing wells, 2.3 net wells-in-process and 20 low-breakeven net undeveloped locations.

Ticker

NOG

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Nicholas O'grady

Employees

38

Headquarters

Minnetonka, United States

NOG Metrics

BasicAdvanced
$3.68B
Market cap
3.63
P/E ratio
$10.04
EPS
1.86
Beta
$1.49
Dividend rate
4.39%
Dividend yield

What the Analysts think about NOG

Analyst Ratings

Majority rating from 13 analysts.
Buy

Price Targets

Average projection from 13 analysts.
28.66% upside
High $56.00
Low $38.00
$35.66
Current price
$45.88
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
$1.08
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.

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