Northern Revenues from 2010 to 2023

NOG Stock

USD 28.35 0.67 2.42%

Northern Oil Revenues is increasing over the last several years with slightly volatile swings. Revenues is estimated to finish at about 1.7 B this year. During the period from 2010 to 2023 Northern Oil Gas Revenues regressed destribution of quarterly values had coefficient of variationof 83.73 and r-squared of 0.47. 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 Revenues

370.38 Million

Northern Revenues Breakdown

Showing smoothed Revenues of Northern Oil Gas with missing and latest data points interpolated. Revenues refers to the total amount of money received by Northern Oil for goods sold or services provided during a certain time period. It also includes all of Northern Oil Gas sales as well as any other increase in Northern Oil Gas equity.Revenues are reported on Northern Oil Gas income statement and calculated before any expenses are subtracted. The amount of Revenue recognised from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses. Where this item is not contained on the company consolidated financial statements the default value on 0 is used.Northern Oil's Revenues 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.

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Last Reported 1.57 B

10 Years Trend

Slightly volatile

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Revenues

Timeline

Northern Revenues Regression Statistics

	Arithmetic Mean	568,592,486
	Geometric Mean	444,644,145
	Coefficient Of Variation	83.73
	Mean Deviation	323,520,058
	Median	472,402,000
	Standard Deviation	476,063,857
	Range	1,549,621,109
	R-Value	0.69
	R-Squared	0.47
	Significance	0.006428
	Slope	78,401,837

Northern Revenues History

	2023	1.7 B
	2022	1.6 B
	2021	496.9 M
	2020	552.2 M
	2019	472.4 M
	2018	678.9 M
	2017	209.3 M
	2016	144.9 M
	2015	275.1 M
	2014	595 M
	2013	335.8 M

Other Fundumenentals of Northern Oil Gas

Revenues USD

Northern Oil Revenues component correlations

	Accounts Payable	Total Assets	Current Assets	Cash and Equivalents	Total Debt	Debt Current	Shareholders Equity	Investments Current	Total Liabilities	Current Liabilities	Tax Assets	Tax Liabilities
Accounts Payable		0.54	0.46	-0.07	0.05	-0.24	0.57	0.45	0.25	0.46	0.38	-0.2
Total Assets	0.54		0.81	-0.34	0.62	0.26	0.81	0.01	0.76	0.83	-0.09	-0.72
Current Assets	0.46	0.81		-0.11	0.78	0.44	0.43	0.42	0.86	0.89	-0.31	-0.71
Cash and Equivalents	-0.07	-0.34	-0.11		-0.02	-0.16	-0.44	0.37	-0.09	-0.25	-0.03	0.19
Total Debt	0.05	0.62	0.78	-0.02		0.44	0.06	0.15	0.97	0.71	-0.4	-0.79
Debt Current	-0.24	0.26	0.44	-0.16	0.44		0.01	-0.22	0.43	0.61	-0.28	-0.28
Shareholders Equity	0.57	0.81	0.43	-0.44	0.06	0.01		-0.17	0.24	0.5	0.15	-0.41
Investments Current	0.45	0.01	0.42	0.37	0.15	-0.22	-0.17		0.2	0.18	-0.18	0.04
Total Liabilities	0.25	0.76	0.86	-0.09	0.97	0.43	0.24	0.2		0.82	-0.32	-0.81
Current Liabilities	0.46	0.83	0.89	-0.25	0.71	0.61	0.5	0.18	0.82		-0.15	-0.58
Tax Assets	0.38	-0.09	-0.31	-0.03	-0.4	-0.28	0.15	-0.18	-0.32	-0.15		0.24
Tax Liabilities	-0.2	-0.72	-0.71	0.19	-0.79	-0.28	-0.41	0.04	-0.81	-0.58	0.24

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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 Revenues, 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
	Revenues	1.6 B	1.7 B

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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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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

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.

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Northern Revenues from 2010 to 2023

Northern Oil Quarterly Revenues

370.38 Million

Northern Revenues Breakdown

Northern Revenues Regression Statistics

Northern Revenues History

Other Fundumenentals of Northern Oil Gas

Northern Oil Revenues component correlations

About Northern Oil Financial Statements

Be your own money manager

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