" /> " />

Northern Oil Earnings Estimate

NOG Stock  USD 39.55  0.02  0.05%   
The next projected EPS of Northern Oil is estimated to be 1.3 with future projections ranging from a low of 1.11 to a high of 1.48. Northern Oil's most recent 12-month trailing earnings per share (EPS TTM) is at 6.16. Please be aware that the consensus of earnings estimates for Northern Oil Gas is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Northern Oil is projected to generate 1.3 in earnings per share on the 30th of June 2024. Northern Oil earnings estimates module stress-tests analyst consensus about projected Northern Oil Gas EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Northern Oil, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Northern Oil Revenue Breakdown by Earning Segment

By analyzing Northern Oil's earnings estimates, investors can diagnose different trends across Northern Oil's analyst sentiment over time as well as compare current estimates against different timeframes. The Northern Oil's current Gross Profit is estimated to increase to about 959.6 M. The Northern Oil's current Pretax Profit Margin is estimated to increase to 0.55
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Northern Oil Earnings Estimation Breakdown

The calculation of Northern Oil's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Northern Oil is estimated to be 1.3 with the future projection ranging from a low of 1.11 to a high of 1.48. Please be aware that this consensus of annual earnings estimates for Northern Oil Gas is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.28
1.11
Lowest
Expected EPS
1.3
1.48
Highest

Northern Oil Earnings Projection Consensus

Suppose the current estimates of Northern Oil's value are higher than the current market price of the Northern Oil stock. In this case, investors may conclude that Northern Oil is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Northern Oil's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2024Current EPS (TTM)
693.99%
1.28
1.3
6.16

Northern Oil Earnings per Share Projection vs Actual

Actual Earning per Share of Northern Oil refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Northern Oil Gas predict the company's earnings will be in the future. The higher the earnings per share of Northern Oil, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Northern Oil Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Northern Oil, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Northern Oil should always be considered in relation to other companies to make a more educated investment decision.

Northern Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Northern Oil's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-05-23
2024-03-311.181.280.1
2024-02-22
2023-12-311.651.61-0.04
2023-11-01
2023-09-301.781.73-0.05
2023-08-02
2023-06-301.351.490.1410 
2023-05-04
2023-03-311.691.760.07
2023-02-23
2022-12-311.651.43-0.2213 
2022-11-08
2022-09-301.711.80.09
2022-08-03
2022-06-301.71.720.02
2022-05-05
2022-03-311.271.580.3124 
2022-02-23
2021-12-311.11.06-0.04
2021-11-05
2021-09-300.890.84-0.05
2021-08-05
2021-06-300.710.920.2129 
2021-05-07
2021-03-310.560.620.0610 
2021-03-12
2020-12-310.660.64-0.02
2020-11-06
2020-09-300.380.510.1334 
2020-08-07
2020-06-300.310.2-0.1135 
2020-05-11
2020-03-310.340.40.0617 
2020-03-12
2019-12-310.730.5-0.2331 
2019-11-12
2019-09-301.110.9-0.2118 
2019-08-01
2019-06-301.111.20.09
2019-05-09
2019-03-311.240.7-0.5443 
2019-03-12
2018-12-311.42.51.178 
2018-11-08
2018-09-301.181.1-0.08
2018-08-09
2018-06-300.810.90.0911 
2018-05-07
2018-03-311.151.70.5547 
2018-02-22
2017-12-310.931.00.07
2017-11-08
2017-09-300.010.40.393900 
2017-08-08
2017-06-30-0.14-0.05860.081458 
2017-05-08
2017-03-31-0.162.73362.89361808 
2017-03-01
2016-12-310.10.40.3300 
2016-11-08
2016-09-30-0.020.40.422100 
2016-08-04
2016-06-300.561.00.4478 
2016-05-09
2016-03-31-0.20.10.3150 
2016-03-02
2015-12-312.262.50.2410 
2015-11-04
2015-09-301.672.40.7343 
2015-08-05
2015-06-301.081.90.8275 
2015-05-07
2015-03-311.31.0-0.323 
2015-02-26
2014-12-311.872.10.2312 
2014-11-06
2014-09-302.62.60.0
2014-08-07
2014-06-302.262.90.6428 
2014-05-08
2014-03-312.381.9-0.4820 
2014-02-27
2013-12-312.742.2-0.5419 
2013-11-07
2013-09-303.23.20.0
2013-08-08
2013-06-302.72.3-0.414 
2013-05-06
2013-03-312.742.90.16
2013-02-28
2012-12-312.723.40.6825 
2012-11-08
2012-09-302.622.70.08
2012-08-09
2012-06-302.382.2-0.18
2012-05-07
2012-03-312.392.3-0.09
2012-02-29
2011-12-312.52.1-0.416 
2011-11-09
2011-09-302.151.9-0.2511 
2011-08-09
2011-06-301.871.2-0.6735 
2011-05-10
2011-03-311.790.9-0.8949 
2011-03-02
2010-12-311.451.3-0.1510 
2010-11-08
2010-09-301.061.0-0.06
2010-08-09
2010-06-300.70.70.0
2010-05-06
2010-03-310.430.4-0.03
2010-03-08
2009-12-310.730.3-0.4358 
2009-10-26
2009-09-300.530.4-0.1324 
2009-07-30
2009-06-300.20.1-0.150 
2009-05-11
2009-03-31-0.1-0.10.0
2009-03-02
2008-12-310.30.40.133 
2008-11-04
2008-09-300.10.30.2200 
2008-08-06
2008-06-300.20.1-0.150 
2008-03-31
2007-12-31-0.5-1.2-0.7140 

About Northern Oil Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Northern Oil earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Northern Oil estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Northern Oil fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings-77.8 M-81.7 M
Earnings Yield 0.27  0.29 
Price Earnings Ratio 3.67  3.86 
Price Earnings To Growth Ratio 0.41  0.39 

Currently Active Assets on Macroaxis

When determining whether Northern Oil Gas is a strong investment it is important to analyze Northern Oil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northern Oil's future performance. For an informed investment choice regarding Northern Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Northern Stock analysis

When running Northern Oil's price analysis, check to measure Northern Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Oil is operating at the current time. Most of Northern Oil's value examination focuses on studying past and present price action to predict the probability of Northern Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Oil's price. Additionally, you may evaluate how the addition of Northern Oil to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Global Correlations
Find global opportunities by holding instruments from different markets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Is Northern Oil's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Oil. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Dividend Share
1.55
Earnings Share
6.16
Revenue Per Share
19.262
Quarterly Revenue Growth
0.229
The market value of Northern Oil Gas is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Oil's value that differs from its market value or its book value, called intrinsic value, which is Northern Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Oil's market value can be influenced by many factors that don't directly affect Northern Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.