Northern Oil Gas Stock Short Ratio
| NOG Stock | USD 42.66 0.16 0.38% |
Northern Oil Gas fundamentals help investors to digest information that contributes to Northern Oil's financial success or failures. It also enables traders to predict the movement of Northern Stock. The fundamental analysis module provides a way to measure Northern Oil's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Northern Oil stock.
Northern | Short Ratio |
Northern Oil Gas Company Short Ratio Analysis
Northern Oil's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Northern Oil Short Ratio | 7.67 X |
Most of Northern Oil's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northern Oil Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Northern Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Northern Oil is extremely important. It helps to project a fair market value of Northern Stock properly, considering its historical fundamentals such as Short Ratio. Since Northern Oil's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Northern Oil's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Northern Oil's interrelated accounts and indicators.
Click cells to compare fundamentals
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Northern Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Northern Oil Gas has a Short Ratio of 7.67 times. This is 49.22% higher than that of the Oil, Gas & Consumable Fuels sector and 96.67% higher than that of the Energy industry. The short ratio for all United States stocks is 91.75% lower than that of the firm.
Northern Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northern Oil's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northern Oil could also be used in its relative valuation, which is a method of valuing Northern Oil by comparing valuation metrics of similar companies.Northern Oil is currently under evaluation in short ratio category among related companies.
Northern Oil Institutional Holders
Institutional Holdings refers to the ownership stake in Northern Oil that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Northern Oil's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Northern Oil's value.| Shares | Westfield Capital Management Company, Lp | 2023-12-31 | 1.5 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.5 M | Nuveen Asset Management, Llc | 2023-12-31 | 1.4 M | Principal Financial Group Inc | 2023-12-31 | 1.4 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.4 M | Allspring Global Investments Holdings, Llc | 2023-12-31 | 1.4 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.2 M | Alliancebernstein L.p. | 2023-12-31 | 1.1 M | Northern Trust Corp | 2023-12-31 | 1.1 M | Blackrock Inc | 2023-12-31 | 13.7 M | Vanguard Group Inc | 2023-12-31 | 10.6 M |
Northern Fundamentals
| 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 | ||||
| Price To Book | 2.10 X | ||||
| Price To Sales | 2.47 X | ||||
| Revenue | 1.91 B | ||||
| Gross Profit | 1.57 B | ||||
| EBITDA | 1.36 B | ||||
| Net Income | 922.97 M | ||||
| Cash And Equivalents | 2.53 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 1.84 B | ||||
| Debt To Equity | 7.22 % | ||||
| Current Ratio | 0.60 X | ||||
| Book Value Per Share | 20.42 X | ||||
| Cash Flow From Operations | 1.18 B | ||||
| Short Ratio | 7.67 X | ||||
| Earnings Per Share | 10.03 X | ||||
| Price To Earnings To Growth | 1.32 X | ||||
| Target Price | 49.46 | ||||
| Number Of Employees | 38 | ||||
| Beta | 1.88 | ||||
| Market Capitalization | 4.31 B | ||||
| Total Asset | 4.48 B | ||||
| Retained Earnings | (77.79 M) | ||||
| Working Capital | 123.65 M | ||||
| Current Asset | 850.93 K | ||||
| Current Liabilities | 1.14 M | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 4.48 B | ||||
| Last Dividend Paid | 1.49 |
About Northern Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northern Oil Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Oil Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.