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Northern Oil And Gas (NOG)
:NOG
Holding NOG?
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NOG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$31.13 - $44.31
Previous CloseN/A
Volume217.02K
Average Volume (3M)1.46M
Market Cap
$4.20B
Enterprise Value$5.49B
Total Cash (Recent Filing)$6.49M
Total Debt (Recent Filing)$832.63M
Price to Earnings (P/E)5.0
Beta0.86
Next Earnings
Feb 20, 2025EPS Estimate
1.25Last Dividend Ex-Date
Dec 30, 2024Dividend Yield3.9%
Share Statistics
EPS (TTM)8.33
Shares Outstanding99,825,165
10 Day Avg. Volume1,365,453
30 Day Avg. Volume1,455,180
Standard Deviation0.19
R-Squared0.26
Alpha0.00727
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.10
Price to Cash Flow (P/CF)2.70
P/FCF Ratio269.20
Enterprise Value/Market Cap1.31
Enterprise Value/Revenue2.29
Enterprise Value/Gross Profit6.00
Enterprise Value/Ebitda3.04
Forecast
1Y Price Target
$46.39Price Target Upside10.37% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Northern Oil And Gas News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceNOG's capex was significantly lower than consensus due to lower TILs and capital efficiency, generating higher free cash flow.
Operational EfficiencyNOG reached record production in the quarter despite having fewer net wells, indicating strong well performance.
Strategic AcquisitionNOG is preparing a sweeter offer for the new year, suggesting potential for a successful acquisition of Granite Ridge.
Bears Say
EarningsForecast indicates a modest miss in the fourth quarter earnings, directing attention towards the guidance for 2025 and the outlook for mergers and acquisitions.
Financial PerformancePro forma net debt to EBITDX ratio increased to approximately 1.4 times, highlighting a focus on using free cash flow to reduce revolver borrowings in the near term.
Shareholder ValueShareholders are grappling with the challenge of balancing long-term equity value growth against the projected decrease in next year's free cash flow per share, as reflected by a slight decline in share prices.
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Ownership Overview
2.79% Insiders
36.71% Mutual Funds
0.32% Other Institutional Investors
28.92% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NOG FAQ
What was Northern Oil And Gas’s price range in the past 12 months?
Northern Oil And Gas lowest stock price was $31.13 and its highest was $44.31 in the past 12 months.
What is Northern Oil And Gas’s market cap?
Northern Oil And Gas’s market cap is $4.20B.
When is Northern Oil And Gas’s upcoming earnings report date?
Northern Oil And Gas’s upcoming earnings report date is Feb 20, 2025 which is in 31 days.
How were Northern Oil And Gas’s earnings last quarter?
Northern Oil And Gas released its earnings results on Nov 05, 2024. The company reported $1.4 earnings per share for the quarter, beating the consensus estimate of $1.196 by $0.204.
Is Northern Oil And Gas overvalued?
According to Wall Street analysts Northern Oil And Gas’s price is currently Undervalued.
Does Northern Oil And Gas pay dividends?
Northern Oil And Gas pays a Quarterly dividend of $1.638 which represents an annual dividend yield of 3.9%. See more information on Northern Oil And Gas dividends here
What is Northern Oil And Gas’s EPS estimate?
Northern Oil And Gas’s EPS estimate is 1.25.
How many shares outstanding does Northern Oil And Gas have?
Northern Oil And Gas has 99,825,165 shares outstanding.
What happened to Northern Oil And Gas’s price movement after its last earnings report?
Northern Oil And Gas reported an EPS of $1.4 in its last earnings report, beating expectations of $1.196. Following the earnings report the stock price went up 11.698%.
Which hedge fund is a major shareholder of Northern Oil And Gas?
Among the largest hedge funds holding Northern Oil And Gas’s share is Bridgewater Associates, LP. It holds Northern Oil And Gas’s shares valued at 18M.
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Northern Oil And Gas Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$46.39 (10.37% Upside)
$46.39 (10.37% Upside)
Blogger Sentiment
Neutral
NOG Sentiment 50%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 232.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.01%
12-Months-Change
Fundamentals
Return on Equity
45.01%
Trailing 12-Months
Asset Growth
17.44%
Trailing 12-Months
Company Description
Northern Oil And Gas
Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. It focuses on the Bakken and Three Forks formation within the Williston Basin in North Dakota and Montana. The company was founded on March 20, 2007 and is headquartered in Minnetonka, MN.
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NOG Company Deck
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NOG Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive outlook, with significant achievements in free cash flow, successful acquisitions, and shareholder returns. However, challenges such as lower natural gas realizations and increased LOE were noted. Overall, the company seems well-positioned for future growth.Read More>---
NOG Stock 12 Month Forecast
Average Price Target
$46.39
▲(10.37% Upside)
Technical Analysis
Matador Resources
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Best Analysts Covering NOG
1 Year
1 Year Success Rate
11/12 ratings generated profit
1 Year Average Return
+48.84%
reiterated a buy rating last month
Copying John M. White's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +48.84% per trade.
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