Northern Interest Expense from 2010 to 2023

NOG Stock

USD 26.38 0.56 2.08%

Northern Oil Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is predicted to flatten to about 76.3 M. During the period from 2010 to 2023 Northern Oil Gas Interest Expense regressed destribution of quarterly values had coefficient of variationof 48.61 and r-squared of 0.72. 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 Oil Quarterly Interest Expense

23.81 Million

Northern Interest Expense Breakdown

Showing smoothed Interest Expense of Northern Oil Gas with missing and latest data points interpolated. Amount of the cost of borrowed funds accounted for as interest expense.Northern Oil's Interest Expense 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.

Interest Expense

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Interest Expense

Timeline

Northern Interest Expense Regression Statistics

	Arithmetic Mean	53,666,803
	Geometric Mean	45,109,098
	Coefficient Of Variation	48.61
	Mean Deviation	21,699,222
	Median	59,020,000
	Standard Deviation	26,089,892
	Range	73,014,091
	R-Value	0.85
	R-Squared	0.72
	Significance	0.00011468
	Slope	5,305,992

Northern Interest Expense History

	2023	76.3 M
	2022	80.3 M
	2021	59 M
	2020	58.5 M
	2019	80.7 M
	2018	86.9 M
	2017	70.3 M
	2016	64.5 M
	2015	58.4 M
	2014	42.1 M
	2013	32.7 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 Interest Expense, 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 Reported	Projected for 2023
Interest Expense	80.3 M	76.3 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA	1.1 B	1.2 B

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Additionally, see the analysis of Northern Oil Correlation against competitors. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running Northern Oil Gas 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 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.

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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

8.73

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.

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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Northern Interest Expense from 2010 to 2023

Northern Oil Quarterly Interest Expense

23.81 Million

Northern Interest Expense Breakdown

Northern Interest Expense Regression Statistics

Northern Interest Expense History

About Northern Oil Financial Statements

Be your own money manager

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Align your risk with return expectations

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