Northern Net Income from 2010 to 2024

NOG Stock  USD 39.02  0.56  1.46%   
Northern Oil's Net Income is increasing over the last several years with slightly volatile swings. Net Income is estimated to finish at about 969.1 M this year. During the period from 2010 to 2024 Northern Oil Gas Net Income regressed destribution of quarterly values had mean deviationof  351,923,427 and mean square error of 266857.4 T. View All Fundamentals
 
Net Income  
First Reported
1999-09-30
Previous Quarter
26.1 M
Current Value
388.9 M
Quarterly Volatility
152.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Short Term Coverage Ratios of 4.9, Price Earnings Ratio of 3.86 or Price To Sales Ratio of 1.69. 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.

Latest Northern Oil's Net Income Growth Pattern

Below is the plot of the Net Income of Northern Oil Gas over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Northern Oil Gas financial statement analysis. It represents the amount of money remaining after all of Northern Oil Gas operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Northern Oil's Net Income 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 922.97 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Northern Net Income Regression Statistics

Arithmetic Mean67,602,926
Coefficient Of Variation813.94
Mean Deviation351,923,427
Median53,049,000
Standard Deviation550,250,453
Sample Variance302775.6T
Range1.9B
R-Value0.43
Mean Square Error266857.4T
R-Squared0.18
Significance0.11
Slope52,430,601
Total Sum of Squares4238857.8T

Northern Net Income History

2024969.1 M
2023923 M
2022773.2 M
20216.4 M
2020-906 M
201953 M
2018143.7 M

Other Fundumenentals of Northern Oil Gas

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 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 2024
Net Income923 M969.1 M
Net Income Applicable To Common Shares654.9 M687.7 M
Net Income From Continuing Ops679.2 M713.1 M
Net Income Per E B T 0.92  0.84 

Northern Oil Investors Sentiment

The influence of Northern Oil's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Northern. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Northern Oil's public news can be used to forecast risks associated with an investment in Northern. The trend in average sentiment can be used to explain how an investor holding Northern can time the market purely based on public headlines and social activities around Northern Oil Gas. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Northern Oil's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Northern Oil's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Northern Oil's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Northern Oil.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Northern Oil in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Northern Oil's short interest history, or implied volatility extrapolated from Northern Oil options trading.

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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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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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.
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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.