Northern Capex To Operating Cash Flow vs Operating Cash Flow Per Share Analysis

NOG Stock

USD 39.97 0.28 0.70%

Northern Oil financial indicator trend analysis is infinitely more than just investigating Northern Oil Gas recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Oil Gas is a good investment. Please check the relationship between Northern Oil Capex To Operating Cash Flow and its Operating Cash Flow Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Capex To Operating Cash Flow vs Operating Cash Flow Per Share

Capex To Operating Cash Flow vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Oil Gas Capex To Operating Cash Flow account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Northern Oil's Capex To Operating Cash Flow and Operating Cash Flow Per Share is -0.36. Overlapping area represents the amount of variation of Capex To Operating Cash Flow that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Northern Oil Gas, assuming nothing else is changed. The correlation between historical values of Northern Oil's Capex To Operating Cash Flow and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Operating Cash Flow of Northern Oil Gas are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Capex To Operating Cash Flow i.e., Northern Oil's Capex To Operating Cash Flow and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capex To Operating Cash Flow

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

Most indicators from Northern Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern Oil Gas current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

At this time, Northern Oil's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Northern Oil's current Enterprise Value Multiple is estimated to increase to 4.03, while Issuance Of Capital Stock is projected to decrease to roughly 223.3 M.

	2023	2024 (projected)
Extraordinary Items	720K	640K
Reconciled Depreciation	412.2M	213.1M

Extraordinary Items Reconciled Depreciation

Northern Oil fundamental ratios Correlations

	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Term Debt	Common Stock	Accounts Payable	Other Current Liab	Current Deferred Revenue	Total Assets	Property Plant And Equipment Net	Cash	Non Current Assets Total	Cash And Short Term Investments	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Property Plant Equipment	Non Currrent Assets Other	Other Assets
Short Long Term Debt Total		0.79	0.61	1.0	-0.18	0.77	0.84	0.99	0.58	0.98	-0.43	0.75	0.5	0.7	0.21	0.85	0.85	0.02	0.85	0.02	0.73	0.82	0.88	0.83	0.36	0.15
Total Current Liabilities	0.79		0.76	0.8	-0.08	0.8	0.86	0.84	0.34	0.89	-0.51	0.8	0.7	0.86	0.1	0.89	0.88	-0.19	0.89	-0.19	0.64	0.89	0.89	0.91	0.14	0.1
Total Stockholder Equity	0.61	0.76		0.63	0.48	0.55	0.7	0.67	-0.02	0.7	-0.41	0.53	0.75	0.58	-0.03	0.93	0.94	-0.31	0.93	-0.31	0.84	0.83	0.85	0.9	-0.05	-0.13
Net Debt	1.0	0.8	0.63		-0.18	0.78	0.85	0.99	0.57	0.98	-0.45	0.76	0.5	0.71	0.22	0.86	0.86	-0.03	0.86	-0.03	0.74	0.83	0.88	0.84	0.36	0.16
Retained Earnings	-0.18	-0.08	0.48	-0.18		-0.45	-0.26	-0.13	-0.51	-0.12	0.35	-0.48	0.53	-0.29	-0.49	0.2	0.22	-0.11	0.22	-0.11	0.26	0.02	0.09	0.18	-0.42	-0.52
Common Stock Total Equity	0.77	0.8	0.55	0.78	-0.45		0.91	0.76	0.46	0.79	-0.82	1.0	0.22	0.81	0.51	0.72	0.71	-0.25	0.71	-0.25	0.58	0.76	0.74	0.71	0.36	0.41
Common Stock Shares Outstanding	0.84	0.86	0.7	0.85	-0.26	0.91		0.87	0.34	0.89	-0.72	0.92	0.35	0.87	0.3	0.85	0.85	-0.22	0.85	-0.22	0.72	0.94	0.87	0.83	0.31	0.22
Non Current Liabilities Total	0.99	0.84	0.67	0.99	-0.13	0.76	0.87		0.52	1.0	-0.43	0.75	0.56	0.75	0.16	0.89	0.89	-0.01	0.89	-0.01	0.74	0.87	0.91	0.87	0.32	0.1
Other Stockholder Equity	0.58	0.34	-0.02	0.57	-0.51	0.46	0.34	0.52		0.5	-0.17	0.45	0.12	0.37	-0.07	0.25	0.22	0.2	0.23	0.2	0.28	0.26	0.42	0.2	0.44	0.06
Total Liab	0.98	0.89	0.7	0.98	-0.12	0.79	0.89	1.0	0.5		-0.45	0.78	0.59	0.78	0.15	0.91	0.9	-0.04	0.91	-0.04	0.74	0.89	0.93	0.9	0.3	0.1
Short Term Debt	-0.43	-0.51	-0.41	-0.45	0.35	-0.82	-0.72	-0.43	-0.17	-0.45		-0.82	0.08	-0.66	-0.54	-0.47	-0.46	0.37	-0.47	0.37	-0.4	-0.56	-0.47	-0.46	-0.4	-0.32
Common Stock	0.75	0.8	0.53	0.76	-0.48	1.0	0.92	0.75	0.45	0.78	-0.82		0.2	0.83	0.51	0.7	0.69	-0.25	0.7	-0.25	0.54	0.76	0.72	0.7	0.36	0.4
Accounts Payable	0.5	0.7	0.75	0.5	0.53	0.22	0.35	0.56	0.12	0.59	0.08	0.2		0.34	-0.34	0.73	0.73	-0.08	0.73	-0.08	0.54	0.55	0.69	0.75	-0.22	-0.21
Other Current Liab	0.7	0.86	0.58	0.71	-0.29	0.81	0.87	0.75	0.37	0.78	-0.66	0.83	0.34		0.13	0.74	0.72	-0.14	0.73	-0.14	0.52	0.87	0.75	0.76	0.3	-0.1
Current Deferred Revenue	0.21	0.1	-0.03	0.22	-0.49	0.51	0.3	0.16	-0.07	0.15	-0.54	0.51	-0.34	0.13		0.06	0.07	-0.13	0.07	-0.13	-0.02	0.02	-0.02	0.1	0.24	0.66
Total Assets	0.85	0.89	0.93	0.86	0.2	0.72	0.85	0.89	0.25	0.91	-0.47	0.7	0.73	0.74	0.06		1.0	-0.2	1.0	-0.2	0.86	0.93	0.96	0.97	0.13	-0.02
Property Plant And Equipment Net	0.85	0.88	0.94	0.86	0.22	0.71	0.85	0.89	0.22	0.9	-0.46	0.69	0.73	0.72	0.07	1.0		-0.21	1.0	-0.21	0.86	0.93	0.95	0.98	0.1	-0.03
Cash	0.02	-0.19	-0.31	-0.03	-0.11	-0.25	-0.22	-0.01	0.2	-0.04	0.37	-0.25	-0.08	-0.14	-0.13	-0.2	-0.21		-0.21	1.0	-0.1	-0.19	-0.09	-0.24	0.12	-0.18
Non Current Assets Total	0.85	0.89	0.93	0.86	0.22	0.71	0.85	0.89	0.23	0.91	-0.47	0.7	0.73	0.73	0.07	1.0	1.0	-0.21		-0.21	0.86	0.93	0.95	0.98	0.11	-0.03
Cash And Short Term Investments	0.02	-0.19	-0.31	-0.03	-0.11	-0.25	-0.22	-0.01	0.2	-0.04	0.37	-0.25	-0.08	-0.14	-0.13	-0.2	-0.21	1.0	-0.21		-0.1	-0.19	-0.09	-0.24	0.12	-0.18
Other Current Assets	0.73	0.64	0.84	0.74	0.26	0.58	0.72	0.74	0.28	0.74	-0.4	0.54	0.54	0.52	-0.02	0.86	0.86	-0.1	0.86	-0.1		0.81	0.87	0.73	0.17	0.0
Property Plant And Equipment Gross	0.82	0.89	0.83	0.83	0.02	0.76	0.94	0.87	0.26	0.89	-0.56	0.76	0.55	0.87	0.02	0.93	0.93	-0.19	0.93	-0.19	0.81		0.93	0.9	0.2	-0.03
Total Current Assets	0.88	0.89	0.85	0.88	0.09	0.74	0.87	0.91	0.42	0.93	-0.47	0.72	0.69	0.75	-0.02	0.96	0.95	-0.09	0.95	-0.09	0.87	0.93		0.9	0.27	0.02
Property Plant Equipment	0.83	0.91	0.9	0.84	0.18	0.71	0.83	0.87	0.2	0.9	-0.46	0.7	0.75	0.76	0.1	0.97	0.98	-0.24	0.98	-0.24	0.73	0.9	0.9		0.07	-0.04
Non Currrent Assets Other	0.36	0.14	-0.05	0.36	-0.42	0.36	0.31	0.32	0.44	0.3	-0.4	0.36	-0.22	0.3	0.24	0.13	0.1	0.12	0.11	0.12	0.17	0.2	0.27	0.07		0.15
Other Assets	0.15	0.1	-0.13	0.16	-0.52	0.41	0.22	0.1	0.06	0.1	-0.32	0.4	-0.21	-0.1	0.66	-0.02	-0.03	-0.18	-0.03	-0.18	0.0	-0.03	0.02	-0.04	0.15

Click cells to compare fundamentals

Northern Oil Account Relationship Matchups

Northern Oil fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Short Long Term Debt Total	1.1B	944.8M	803.4M	1.5B	1.8B	1.9B
Total Current Liabilities	203.5M	182.5M	327.6M	345.0M	385.8M	405.0M
Total Stockholder Equity	558.6M	(223.3M)	215.1M	745.3M	2.0B	2.2B
Net Debt	1.1B	943.4M	793.9M	1.5B	1.8B	1.9B
Retained Earnings	(873.2M)	(1.8B)	(1.8B)	(1.0B)	(77.8M)	(81.7M)
Common Stock Total Equity	66.8K	378.3K	406K	448K	515.2K	541.0K
Common Stock Shares Outstanding	38.7M	42.7M	63.0M	86.7M	92.1M	96.7M
Non Current Liabilities Total	1.1B	912.9M	980.2M	1.8B	2.1B	2.2B
Other Stockholder Equity	1.4B	1.6B	2.0B	1.7B	2.1B	2.2B
Total Liab	1.3B	1.1B	1.3B	2.1B	2.4B	2.6B
Common Stock	406K	448K	479K	487K	503K	528.2K
Accounts Payable	69.4M	35.8M	65.5M	128.6M	192.7M	202.3M
Other Current Liab	134.1M	4.7M	262.1M	216.4M	193.1M	202.7M
Total Assets	1.9B	872.1M	1.5B	2.9B	4.5B	4.7B
Property Plant And Equipment Net	1.7B	735.2M	1.3B	2.5B	3.9B	4.1B
Cash	16.1M	1.4M	9.5M	2.5M	8.2M	7.8M
Non Current Assets Total	1.8B	746.5M	1.3B	2.6B	4.0B	4.2B
Cash And Short Term Investments	16.1M	1.4M	9.5M	2.5M	8.2M	7.8M
Liabilities And Stockholders Equity	1.9B	872.1M	1.5B	2.9B	4.5B	4.7B
Other Current Assets	2.0M	1.4M	3.4M	2.0M	127.4M	133.8M
Property Plant And Equipment Gross	1.7B	735.2M	5.1B	6.5B	8.5B	8.9B
Total Current Assets	133.0M	125.6M	215.3M	320.5M	509.4M	534.9M
Property Plant Equipment	1.7B	735.2M	1.3B	2.5B	2.9B	3.0B
Non Currrent Assets Other	23.6M	6.7M	48.3M	56.0M	30.2M	31.7M
Other Assets	23.8M	744.0M	54.2M	71.8M	82.5M	78.1M
Net Receivables	108.5M	71.0M	193.6M	271.7M	373.8M	392.5M
Inventory	6.5M	51.8M	8.8M	44.3M	1.0	0.95
Other Liab	25.2M	32.6M	176.7M	259.5M	298.5M	313.4M
Long Term Debt	1.1B	879.8M	803.4M	1.5B	1.8B	1.9B
Net Tangible Assets	558.6M	(223.3M)	215.1M	745.3M	857.0M	899.9M
Long Term Debt Total	1.1B	879.8M	803.4M	1.5B	1.8B	1.1B
Capital Surpluse	1.4B	1.6B	2.0B	1.7B	2.0B	1.2B
Deferred Long Term Liab	9.8M	6.5M	5.7M	10.9M	12.5M	8.3M
Non Current Liabilities Other	346K	50K	3.1M	2.0M	2.7M	2.9M
Cash And Equivalents	16.1M	1.4M	9.5M	2.5M	2.3M	2.2M

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:

How To Invest In Northern

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Is Northern Stock a good investment?

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What is Northern Oil's Net Worth?

Details

Largest Oil & Gas Exploration & Production Companies

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Largest Oil & Gas E&P Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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

(0.97)

Dividend Share

1.55

Earnings Share

6.16

Revenue Per Share

19.262

Quarterly Revenue Growth

0.229

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.

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Northern Capex To Operating Cash Flow vs Operating Cash Flow Per Share Analysis

Capex To Operating Cash Flow vs Operating Cash Flow Per Share

Capex To Operating Cash Flow vs Operating Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Capex To Operating Cash Flow

Operating Cash Flow Per Share

Northern Oil fundamental ratios Correlations

Northern Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northern Oil fundamental ratios Accounts

Northern Oil Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Northern Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Common Stock	- 0.82	Short Term Debt
Short Term Debt	- 0.82	Common Stock Total Equity
Short Term Debt	- 0.72	Common Stock Shares Outstanding
Other Current Liab	- 0.66	Short Term Debt
Property Plant And Equipment Gross	- 0.56	Short Term Debt
Current Deferred Revenue	- 0.54	Short Term Debt