Richard Weber - Northern Oil Independent Director
| NOG Stock | USD 42.97 0.14 0.32% |
Director
Mr. Richard David Weber is Independent Chairman of the Board of Northern Oil and Gas, Inc., since January 2016. He also serves as Chairman and Chief Executive Officer of PennEnergy Resources, LLC, a private equitybacked independent oil and gas operator focused on the Marcellus Shale and Utica Shale in Pennsylvania. Prior to cofounding PennEnergy in June 2011, he was President of Atlas Energy, Inc. from September 2009 to February 2011, President and Chief Operating Officer of Atlas Energy Resources, LLC from April 2006 to February 2011, and a director of Atlas Energy Resources, LLC from December 2006 to September 2009. Atlas, which was sold to Chevron Corporation in 2011, operated more than 10, 000 oil and gas wells in four different basins, and was a pioneer in the development of the Marcellus Shale in the Appalachian Basin. In addition, Atlas owned and controlled the general partner of Atlas Pipeline Partners, L.P., a midstream MLP having pipeline and natural gas processing assets in the Appalachian Basin and MidContinent region. Prior to joining Atlas, Mr. Weber spent 14 years at McDonald Company Securities, Inc., subsequently acquired by KeyBanc Capital Markets, where he founded that firm Energy Group since 2016.
| Age | 51 |
| Tenure | 8 years |
| Professional Marks | MBA |
| Address | 4350 Baker Road, Minnetonka, MN, United States, 55343 |
| Phone | 952 476 9800 |
| Web | https://www.noginc.com |
Northern Oil Management Efficiency
The company has Return on Asset of 0.1932 % which means that on every $100 spent on assets, it made $0.1932 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.6609 %, implying that it generated $0.6609 on every 100 dollars invested. Northern Oil's management efficiency ratios could be used to measure how well Northern Oil manages its routine affairs as well as how well it operates its assets and liabilities. The Northern Oil's current Return On Tangible Assets is estimated to increase to 0.22. The Northern Oil's current Return On Capital Employed is estimated to increase to 0.22. At this time, Northern Oil's Other Current Assets are most likely to increase significantly in the upcoming years. The Northern Oil's current Total Current Assets is estimated to increase to about 534.9 M, while Intangibles To Total Assets are projected to decrease to (0.01).Similar Executives
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Management Performance
| Return On Equity | 0.66 | |||
| Return On Asset | 0.19 |
Northern Oil Gas Leadership Team
Elected by the shareholders, the Northern Oil's board of directors comprises two types of representatives: Northern Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Northern. The board's role is to monitor Northern Oil's management team and ensure that shareholders' interests are well served. Northern Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Northern Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Adam Dirlam, Executive Vice President - Land & Operations | ||
| Robert Grabb, Independent Director | ||
| Bahram Akradi, Non-Executive Lead Independent Chairman of the Board | ||
| Michael Reger, Co-Founder, CEO and Director | ||
| Michael Frantz, Independent Director | ||
| Lisa Bromiley, Lead Independent Director | ||
| Richard Weber, Independent Director | ||
| Evelyn Infurna, Vice Relations | ||
| James Evans, Senior Vice President - Engineering | ||
| Michael Popejoy, Independent Director | ||
| Delos Jamison, Independent Director | ||
| Erik Nerhus, IR Contact Officer | ||
| Stuart Lasher, Independent Director | ||
| Mike Kelly, Executive Vice President - Finance | ||
| Jennifer Pomerantz, Independent Director | ||
| Brandon Elliott, Executive Vice President - Corporate Development and Strategy | ||
| Joseph Lenz, Independent Director | ||
| Jack King, Independent Director | ||
| Michael Kelly, Executive Vice President - Finance | ||
| Chad Allen, Chief Accounting Officer, Corporate Controller | ||
| Nicholas OGrady, President, Chief Financial Officer | ||
| Erik Romslo, Executive Vice President, General Counsel, Secretary | ||
| Roy Easley, Independent Director | ||
| Thomas Stoelk, CFO |
Northern Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Northern Oil a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.66 | |||
| Return On Asset | 0.19 | |||
| Profit Margin | 0.53 % | |||
| Operating Margin | 0.97 % | |||
| Current Valuation | 6.11 B | |||
| Shares Outstanding | 101.04 M | |||
| Shares Owned By Insiders | 7.28 % | |||
| Shares Owned By Institutions | 92.72 % | |||
| Number Of Shares Shorted | 9.55 M | |||
| Price To Earning | 9.03 X |
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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Complementary Tools for Northern Stock analysis
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.