Northern Direct Expenses from 2010 to 2023

Stocks . USA . 
Stock . Northern Oil Gas
NOG Stock  USD 28.47  1.70  6.35%   
Northern Oil Direct Expenses is increasing over the last several years with slightly volatile swings. Direct Expenses is estimated to finish at about 451.9 M this year. During the period from 2010 to 2023 Northern Oil Gas Direct Expenses regressed destribution of quarterly values had coefficient of variationof 94.75 and r-squared of  0.73. Northern Oil Cost of Revenue is most likely to increase significantly in the upcoming years. The last year's value of Cost of Revenue was reported at 418.87 Million. The current Earning Before Interest and Taxes EBIT is estimated to increase to about 924.3 M, while Interest Expense is projected to decrease to roughly 76.3 M.
  
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 Direct Expenses of 451.9 M, Consolidated Income of 834.3 M or Cost of Revenue of 451.9 M, as well as many exotic indicators such as Interest Coverage of 10.9, Long Term Debt to Equity of 1.74 or Calculated Tax Rate of 0.41. Northern financial statements analysis is a perfect complement when working with Northern Oil Valuation or Volatility modules. It can also supplement Northern Oil's financial leverage analysis and stock options assessment as well as various Northern Oil Technical models . Additionally, see the analysis of Northern Oil Correlation against competitors.

Northern Direct Expenses Breakdown

Showing smoothed Direct Expenses of Northern Oil Gas with missing and latest data points interpolated. Northern Oil's Direct Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northern Oil's overall financial position and show how it may be relating to other accounts over time.
Direct Expenses10 Years Trend
Up
Slightly volatile
Compare to OthersAll Fundamentals
   Direct Expenses   
       Timeline  

Northern Direct Expenses Regression Statistics

Arithmetic Mean145,120,611
Geometric Mean94,874,635
Coefficient Of Variation94.75
Mean Deviation102,252,233
Median99,369,625
Standard Deviation137,497,238
Range443,172,227
R-Value0.85
R-Squared0.73
Significance0.00010831
Slope28,012,573

Northern Direct Expenses History

2023451.9 M
2022418.9 M
2021247.8 M
2020146.1 M
2019176.7 M
2018111.9 M
201770.3 M
201661.2 M
201573.7 M
201499.4 M
201376.8 M

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 Direct Expenses, 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 2023
Direct Expenses418.9 M451.9 M

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Additionally, see the analysis of Northern Oil Correlation against competitors. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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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
(0.22) 
Dividend Share
0.88
Earnings Share
8.92
Revenue Per Share
23.265
Quarterly Revenue Growth
0.328
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.
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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 Northern Oil value 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.
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