Northern Financial Statements From 2010 to 2024

NOG Stock  USD 42.05  0.40  0.94%   
Northern Oil financial statements provide useful quarterly and yearly information to potential Northern Oil Gas investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Northern Oil financial statements helps investors assess Northern Oil's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Northern Oil's valuation are summarized below:
Gross Profit
1.6 B
Profit Margin
0.5284
Market Capitalization
4.2 B
Enterprise Value Revenue
3.2175
Revenue
1.7 B
There are over one hundred nineteen available fundamental ratios for Northern Oil, which can be analyzed over time and compared to other ratios. Active traders should verify all of Northern Oil last-minute fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. The Northern Oil's current Market Cap is estimated to increase to about 3.6 B. The Northern Oil's current Enterprise Value is estimated to increase to about 5.5 B

Northern Oil Total Revenue

2 Billion

Check Northern Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern main balance sheet or income statement drivers, such as Interest Expense of 145.6 M, Selling General Administrative of 49.1 M or Other Operating Expenses of 1.1 B, as well as many exotic indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0347 or PTB Ratio of 1.74. Northern financial statements analysis is a perfect complement when working with Northern Oil Valuation or Volatility modules.
  
This module can also supplement Northern Oil's financial leverage analysis and stock options assessment as well as various Northern Oil Technical models . Check out the analysis of Northern Oil Correlation against competitors.

Northern Oil Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Short and Long Term Debt Total1.9 B1.8 B901.9 M
Slightly volatile
Total Current Liabilities405 M385.8 M204 M
Slightly volatile
Net Debt1.9 B1.8 B888.9 M
Slightly volatile
Common Stock Total Equity541 K515.2 K242 K
Slightly volatile
Common Stock Shares Outstanding96.7 M92.1 M32.5 M
Slightly volatile
Non Current Liabilities Total2.2 B2.1 B990.1 M
Slightly volatile
Other Stockholder Equity2.2 B2.1 B1.6 B
Slightly volatile
Total Liabilities2.6 B2.4 B1.2 B
Slightly volatile
Common Stock528.1 K503 K245 K
Slightly volatile
Accounts Payable202.3 M192.7 M110.1 M
Pretty Stable
Other Current Liabilities202.7 M193.1 M84.5 M
Slightly volatile
Total Assets4.7 B4.5 B1.7 B
Slightly volatile
Property Plant And Equipment Net4.1 B3.9 B1.5 B
Slightly volatile
Cash7.8 M8.2 M13.6 M
Very volatile
Non Current Assets Total4.2 BB1.5 B
Slightly volatile
Cash And Short Term Investments7.8 M8.2 M13.6 M
Very volatile
Liabilities And Stockholders Equity4.7 B4.5 B1.7 B
Slightly volatile
Other Current Assets133.8 M127.4 M19.4 M
Slightly volatile
Property Plant And Equipment Gross8.9 B8.5 B2.6 B
Slightly volatile
Total Current Assets534.9 M509.4 M194.1 M
Slightly volatile
Property Plant EquipmentB2.9 B1.3 B
Slightly volatile
Other Assets78.1 M82.5 M81.6 M
Slightly volatile
Net Receivables392.5 M373.8 M129.9 M
Slightly volatile
Inventory36.1 M50.9 M37.2 M
Pretty Stable
Other Liabilities313.4 M298.5 M78.1 M
Slightly volatile
Long Term Debt1.9 B1.8 B896.8 M
Slightly volatile
Long Term Debt Total1.1 B1.8 B976.1 M
Slightly volatile
Capital Surpluse1.2 BB976.3 M
Slightly volatile
Deferred Long Term Liabilities8.3 M12.5 M9.6 M
Slightly volatile
Long Term Investments20 M22.5 M24.5 M
Slightly volatile
Short and Long Term Debt55.6 M58.5 M471.3 M
Slightly volatile
Non Current Liabilities Other2.9 M2.7 M834 K
Slightly volatile
Cash And Equivalents2.2 M2.3 M12.3 M
Very volatile
Net Invested Capital4.1 B3.9 B1.3 B
Slightly volatile
Capital Stock496.3 K503 K415.4 K
Slightly volatile

Northern Oil Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative49.1 M46.8 M23.6 M
Slightly volatile
Other Operating Expenses1.1 BB368.6 M
Slightly volatile
Total Operating Expenses42.9 M40.8 M25.5 M
Slightly volatile
Total RevenueB1.9 B675.8 M
Slightly volatile
Cost Of RevenueB993.1 M343.1 M
Slightly volatile
Non Recurring202.6 M213.3 M603.9 M
Slightly volatile
Interest Income76.6 M91.2 M67.8 M
Slightly volatile
Reconciled Depreciation213.1 M412.2 M132.4 M
Slightly volatile
Extraordinary Items640 K720 K784 K
Slightly volatile

Northern Oil Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow15.9 M8.2 M13.6 M
Very volatile
Stock Based Compensation5.1 M5.7 MM
Very volatile
Begin Period Cash Flow2.4 M2.5 M22.3 M
Slightly volatile
Depreciation510.3 M486 M266.3 M
Slightly volatile
Issuance Of Capital Stock223.3 M224.7 M171.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.691.77833.4741
Slightly volatile
Dividend Yield0.03470.03651.4165
Slightly volatile
Days Sales Outstanding11771.541297.1945
Slightly volatile
Average Payables68.3 M92.2 M119 M
Slightly volatile
Stock Based Compensation To Revenue0.00280.0030.0196
Slightly volatile
EV To Sales2.62.73665.3784
Slightly volatile
Inventory Turnover24.5813.6233.2058
Pretty Stable
Days Of Inventory On Hand26.3427.73582
Slightly volatile
Payables Turnover5.415.15463.2491
Slightly volatile
Sales General And Administrative To Revenue0.02330.02450.0892
Slightly volatile
Average Inventory55.2 M52.5 M44.2 M
Slightly volatile
Cash Per Share0.08510.08961.9386
Pretty Stable
Payout Ratio0.130.134334.364
Slightly volatile
Days Payables Outstanding67.2770.8105893
Slightly volatile
ROE0.460.45070.8587
Very volatile
Current Ratio1.251.32053.9834
Slightly volatile
Receivables Turnover3.355.1024.4179
Slightly volatile
Graham Number57.3971.2807111
Slightly volatile
Average Receivables29 M38.2 M39.6 M
Pretty Stable
Revenue Per Share28.8220.845329.0208
Slightly volatile
Interest Debt Per Share31.4621.5864.5357
Pretty Stable
Debt To Assets0.510.40930.673
Pretty Stable
Short Term Coverage Ratios4.94.594.8162
Slightly volatile
Operating Cycle67.9671.5412673
Slightly volatile
Days Of Payables Outstanding67.2770.8105893
Slightly volatile
Dividend Payout Ratio0.130.134334.364
Slightly volatile
Long Term Debt To Capitalization0.680.47270.8362
Pretty Stable
Quick Ratio0.940.99023.6381
Slightly volatile
Cash Ratio0.02020.02123.0982
Slightly volatile
Operating Cash Flow Sales Ratio0.770.62050.6452
Very volatile
Days Of Inventory Outstanding26.3427.73582
Slightly volatile
Days Of Sales Outstanding11771.541297.1945
Slightly volatile
Cash Flow Coverage Ratios1.060.64470.5447
Pretty Stable
Fixed Asset Turnover0.30.48510.393
Slightly volatile
Debt Ratio0.510.40930.673
Pretty Stable
Cash Flow To Debt Ratio1.060.64470.5447
Pretty Stable
Price Sales Ratio1.691.77833.4741
Slightly volatile
Asset Turnover0.250.42530.3336
Slightly volatile
Return On Equity0.460.45070.8587
Very volatile

Northern Oil Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.6 B3.4 B1.1 B
Slightly volatile
Enterprise Value5.5 B5.2 BB
Slightly volatile

Northern Fundamental Market Drivers

Forward Price Earnings7.9491
Cash And Short Term Investments8.2 M

Northern Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Northern Oil Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Northern Oil income statement, its balance sheet, and the statement of cash flows. Northern Oil investors use historical funamental indicators, such as Northern Oil's revenue or net income, to determine how well the company is positioned to perform in the future. Although Northern Oil investors may use each financial statement separately, they are all related. The changes in Northern Oil's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northern Oil's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Northern Oil Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Northern Oil. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue88.6 M93 M
Total Revenue1.9 BB
Cost Of Revenue993.1 MB
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.02  0.02 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.97)(1.02)
Revenue Per Share 20.85  28.82 
Ebit Per Revenue 0.46  0.48 

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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 the analysis of Northern Oil Correlation against competitors.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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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
1.379
Dividend Share
1.49
Earnings Share
10.03
Revenue Per Share
19.095
Quarterly Revenue Growth
0.226
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.