Northern Market Capitalization from 2010 to 2023

NOG Stock  USD 29.25  0.86  3.03%   
Northern Oil Market Capitalization is increasing over the last several years with slightly volatile swings. Market Capitalization is estimated to finish at about 2.6 B this year. During the period from 2010 to 2023 Northern Oil Gas Market Capitalization regressed destribution of quarterly values had coefficient of variationof 77.80 and r-squared of  0.22. 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 . Check out the analysis of Northern Oil Correlation against competitors. For more detail on how to invest in Northern Stock please use our How to Invest in Northern Oil guide.

Northern Oil Quarterly Market Capitalization

2.4 Billion

Northern Market Capitalization Breakdown

Showing smoothed Market Capitalization of Northern Oil Gas with missing and latest data points interpolated. Market capitalization (or market cap) is the total value of the shares outstanding of Northern Oil Gas. It is equal to Northern Oil current share price times the number of Northern Oil Gas outstanding shares. Represents the product of [SharesBas]; [Price] and [ShareFactor].Northern Oil's Market Capitalization 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.
ViewLast Reported 2.42 B10 Years Trend
Up
Slightly volatile
   Market Capitalization   
       Timeline  

Northern Market Capitalization Regression Statistics

Arithmetic Mean971,919,071
Geometric Mean696,653,736
Coefficient Of Variation77.80
Mean Deviation531,895,902
Median949,543,356
Standard Deviation756,160,245
Range2,452,512,303
R-Value0.47
R-Squared0.22
Significance0.09
Slope84,083,981

Northern Market Capitalization History

20232.6 B
20222.4 B
20211.4 B
2020401.7 M
2019949.5 M
2018871.6 M
2017137 M
2016173.3 M
2015243 M
2014344.5 M
2013931.4 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 Market Capitalization, 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
Market Capitalization2.4 B2.6 B

Be your own money manager

Our tools can tell you how much better you can do entering a position in Northern Oil without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Volatility Now

   

Portfolio Volatility

Check portfolio volatility and analyze historical return density to properly model market risk
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Northern Oil Gas using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out the analysis of Northern Oil Correlation against competitors. For more detail on how to invest in Northern Stock please use our How to Invest in Northern Oil guide. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for analysis

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.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
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
9.14
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.