Northern Stock Buy Hold or Sell Recommendation

NOG
 Stock
  

USD 35.79  0.47  1.33%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Northern Oil Gas is 'Hold'. Macroaxis provides Northern Oil buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NOG positions. The advice algorithm takes into account all of Northern Oil's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Northern Oil's buy-and-hold perspective. Additionally, see Northern Oil Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Northern and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Northern Oil Gas.

Execute Northern Oil Buy or Sell Advice

The Northern recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Northern Oil Gas. Macroaxis does not own or have any residual interests in Northern Oil Gas or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Northern Oil's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Northern OilBuy Northern Oil
Hold

Volatility

Details

Hype Condition

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Current Valuation

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Odds of Distress

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Economic Sensitivity

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Analyst Consensus

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Financial Strenth (F Score)

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Financial Leverage

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Reporting Quality (M-Score)

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For the selected time horizon Northern Oil Gas has a Mean Deviation of 2.99, Semi Deviation of 3.53, Standard Deviation of 3.81, Variance of 14.48, Downside Variance of 14.05 and Semi Variance of 12.45
Northern Oil Gas trade recommendations module can be used to check and cross-verify current advice provided by analysts analyzing the firm's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Northern Oil Gas is not overpriced, please verify all Northern Oil Gas fundamentals, including its revenue, current ratio, beta, as well as the relationship between the cash and equivalents and earnings per share . Given that Northern Oil Gas has a price to earning of 9.03 X, we recommend you to check Northern Oil market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

Northern Oil Trading Alerts and Improvement Suggestions

Northern Oil Gas has very high historical volatility over the last 90 days
The company has 803.44 M in debt with debt to equity (D/E) ratio of 7.22, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Northern Oil Gas has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Northern Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Northern Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northern Oil Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northern to invest in growth at high rates of return. When we think about Northern Oil's use of debt, we should always consider it together with cash and equity.
Over 88.0% of Northern Oil shares are owned by institutional investors
On 31st of October 2022 Northern Oil paid $ 0.25 per share dividend to its current shareholders
Latest headline from news.google.com: Oil Gas Stock Roundup Spotlight on Deals by Diamondback, Chevron - Yahoo Finance

Northern Oil Returns Distribution Density

The distribution of Northern Oil's historical returns is an attempt to chart the uncertainty of Northern Oil's future price movements. The chart of the probability distribution of Northern Oil stock daily returns describes the distribution of returns around its average expected value. We use Northern Oil Gas price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Northern Oil returns is essential to provide solid investment advice for Northern Oil.
Mean Return0.27Value At Risk-5.05
Potential Upside6.60Standard Deviation3.81
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Northern Oil historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Northern Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Northern Oil is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northern Oil Gas backward and forwards among themselves. Northern Oil's institutional investor refers to the entity that pools money to purchase Northern Oil's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares8.2 K226 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares8.2 K208 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares8.2 K232 K
Zurcher Kantonalbank Zurich CantonalbankCommon SharesK102 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.3 K135 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.3 K131 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares3.9 K22 K
Note, although Northern Oil's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Northern Oil Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(119.24 M)(474.52 M)(569.13 M)(283.93 M)(255.53 M)(275.71 M)
Depreciation Amortization and Accretion59.5 M119.78 M210.2 M162.12 M186.44 M161.55 M
Net Cash Flow or Change in Cash and Cash Equivalents95.7 M(99.83 M)13.71 M(14.64 M)(13.18 M)(13.52 M)
Issuance Repayment of Debt Securities142.64 M11.63 M199.27 M(61.96 M)(55.76 M)(57.23 M)
Net Cash Flow from Financing(66.32 M)34.59 M(47.01 M)(104.31 M)(119.95 M)(123.11 M)
Net Cash Flow from Investing(204.76 M)(192.39 M)(172.02 M)(120.39 M)(108.35 M)(116.91 M)
Net Cash Flow from Operations206.53 M182.79 M214.04 M196.84 M226.36 M244.83 M
Share Based Compensation3.29 M4 M7.96 M4.12 M3.71 M4.16 M

Northern Oil Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Northern Oil or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Northern Oil's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Northern stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.11
β
Beta against NYSE Composite1.55
σ
Overall volatility
3.76
Ir
Information ratio 0.0438

Northern Oil Volatility Alert

Northern Oil Gas shows above-average downside volatility for the selected time horizon. We advise investors to inspect Northern Oil Gas further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Northern Oil future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Northern Oil's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Northern Oil's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Northern Oil Fundamentals Vs Peers

Comparing Northern Oil's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Northern Oil's direct or indirect competition across all of the common fundamentals between Northern Oil and the related equities. This way, we can detect undervalued stocks with similar characteristics as Northern Oil or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Northern Oil's fundamental indicators could also be used in its relative valuation, which is a method of valuing Northern Oil by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Northern Oil to competition
FundamentalsNorthern OilPeer Average
Return On Equity2.91 %(0.31) %
Return On Asset0.30 %(0.14) %
Profit Margin0.47 %(1.27) %
Operating Margin0.52 %(5.51) %
Current Valuation4.21 B16.62 B
Shares Outstanding85.25 M571.82 M
Shares Owned by Insiders14.64 %10.09 %
Shares Owned by Institutions87.79 %39.21 %
Number of Shares Shorted6.47 M4.71 M
Price to Earning9.03 X28.72 X
Price to Book4.29 X9.51 X
Price to Sales1.77 X11.42 X
Revenue975.09 M9.43 B
Gross Profit727.32 M27.38 B
EBITDA206.44 M3.9 B
Net Income6.36 M570.98 M
Cash and Equivalents9.52 M2.7 B
Cash per Share0.02 X5.01 X
Total Debt803.44 M5.32 B
Debt to Equity7.22 %48.70 %
Current Ratio0.60 X2.16 X
Book Value Per Share9.03 X1.93 K
Cash Flow from Operations396.47 M971.22 M
Short Ratio4.23 X4.00 X
Earnings Per Share9.76 X3.12 X
Price to Earnings To Growth0.09 X4.89 X
Target Price51.62
Number of Employees2518.84 K
Beta2.11-0.15
Market Capitalization3.05 B19.03 B
Total Asset1.52 B29.47 B
Retained Earnings(896.18 M)9.33 B
Working Capital(292.13 K)1.48 B
   Sale by Rowling Robert B of 261000 shares of Northern Oil [view details]

Northern Oil Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Northern . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Northern Oil Buy or Sell Advice

When is the right time to buy or sell Northern Oil Gas? Buying financial instruments such as Northern Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2018 2019 2021 2022 (projected)
Receivables35.73 M31.24 M28.12 M28.27 M
Inventories29.58 M35.85 M32.26 M29.47 M

Use Investing Ideas to Build Portfolios

In addition to having Northern Oil in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

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Corona Opportunity
Corona Opportunity Theme
Firms that are involved in some capacity in making products or providing services to the public to buttle the virus directly or indirectly. This also includes some defencive and contrarian stocks and ETFs that are managing to avoid the big market correction coused by coronavirus. The Corona Opportunity theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corona Opportunity Theme or any other thematic opportunities.
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Additionally, see Northern Oil Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

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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 YOY
51.1
Market Capitalization
3.1 B
Quarterly Revenue Growth YOY
1.05
Return On Assets
0.3
Return On Equity
2.91
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.