Northern Stock Analysis

NOG Stock  USD 27.68  0.29  1.04%   
Northern Oil Gas price drop over the last few months may encourage stockholders to take a closer look at the firm as it is trading at a share price of 27.68 on 963,074 in trading volume. The company directors and management were not very successful in positioning the firm resources to exploit market volatility in February. However, diversifying your holdings with Northern Oil or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.05. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Northern Oil Gas partners.
Check out Correlation Analysis. For more detail on how to invest in Northern Stock please use our How to Invest in Northern Oil guide.
  
The main objective of Northern Oil stock analysis is to determine its intrinsic value, which is an estimate of what Northern Oil Gas is worth, separate from its market price. There are two main types of Northern Oil's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Northern Oil's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Northern Oil's stock to identify patterns and trends that may indicate its future price movements.
The Northern Oil stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Northern Oil is usually not traded on Thanksgiving Day, Christmas Day, Christmas Day ( substitute day ), New Year 's Monday, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Northern Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Northern Oil's ongoing operational relationships across important fundamental and technical indicators.

Northern Stock Analysis Notes

About 13.0% of the company outstanding shares are owned by corporate insiders. The book value of Northern Oil was now reported as 8.78. The company has Price/Earnings To Growth (PEG) ratio of 0.08. Northern Oil Gas recorded earning per share (EPS) of 9.49. The entity last dividend was issued on the 29th of March 2023. The firm had 1:10 split on the 21st of September 2020. Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. As of December 31, 2021, it owned working interests in 7,436 gross producing wells and had proved reserves of 287,682 million barrels of oil equivalent. Northern Oil operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 25 people. To find out more about Northern Oil Gas contact Michael Reger at 952 476 9800 or learn more at https://www.northernoil.com.

Northern Oil Quarterly Cost of Revenue

110.48 Million

Northern Oil Gas Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Northern Oil's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Northern Oil Gas or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Northern Oil Gas generated a negative expected return over the last 90 days
Northern Oil Gas has high historical volatility and very poor performance
Northern Oil Gas has high likelihood to experience some financial distress in the next 2 years
Northern Oil Gas was previously known as NORTHERN OIL GAS and was traded on New York Stock Exchange under the symbol NOGS.
The company has 1.53 B 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 89.0% of Northern Oil shares are owned by institutional investors
On 31st of January 2023 Northern Oil paid $ 0.3 per share dividend to its current shareholders
Latest headline from news.google.com: 8102 Shares in Marathon Oil Co. Bought by Quantum ... - MarketBeat

Northern Oil Gas Upcoming and Recent Events

Earnings reports are used by Northern Oil to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Northern Oil previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
4th of May 2023
Upcoming Quarterly Report
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2nd of August 2023
Next Financial Report
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31st of March 2023
Next Fiscal Quarter End
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22nd of February 2024
Next Fiscal Year End
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31st of December 2022
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Northern Oil SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Northern Oil prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Northern Oil investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Northern Oil Gas specific information freely available to individual and institutional investors to make a timely investment decision.
8th of March 2023
Unclassified Corporate Event
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6th of March 2023
Financial Statements and Exhibits. Regulation FD Disclosure
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23rd of February 2023
Financial Statements and Exhibits. Results of Operations and Financial Condition
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10th of February 2023
Unclassified Corporate Event
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9th of February 2023
Unclassified Corporate Event
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6th of February 2023
Financial Statements and Exhibits. Unclassified Corporate Event. Results of Operations and Financial Condition
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3rd of February 2023
Unclassified Corporate Event
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31st of January 2023
Unclassified Corporate Event. Unclassified Corporate Event
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Northern Oil Thematic Classifications

In addition to having Northern Oil stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Millennials Best Idea
Millennials Best
Firms that are involved in making products or providing services to millennials
SRI Sustainable Growth Idea
SRI Sustainable Growth
Large and mid-sized companies that operate under the guidelines of socially responsible investing - SRI

Northern Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northern Oil's market, we take the total number of its shares issued and multiply it by Northern Oil's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Northern Profitablity

Northern Oil's profitability indicators refer to fundamental financial ratios that showcase Northern Oil's ability to generate income relative to its revenue or operating costs. If, let's say, Northern Oil is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Northern Oil's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Northern Oil's profitability requires more research than a typical breakdown of Northern Oil's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.42 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.47 %, which entails that for every 100 dollars of revenue, it generated $0.47 of operating income.
Last ReportedProjected for 2023
Return on Investment 51.88  55.97 
Return on Average Assets 0.30  0.33 
Return on Average Equity 1.85  2.00 
Return on Invested Capital 0.24  0.26 
Return on Sales 0.55  0.59 

Management Efficiency

The entity has Return on Asset of 0.2467 % which means that on every $100 spent on asset, it made $0.2467 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 1.6103 %, implying that it generated $1.6103 on every 100 dollars invested. Northern Oil management efficiency ratios could be used to measure how well northern oil gas manages its routine affairs as well as how well it operates its assets and liabilities. The current Return on Investment is estimated to increase to 55.97. The current Return on Average Assets is estimated to increase to 0.33. Northern Oil Total Assets Per Share are most likely to decrease significantly in the upcoming years. The last year's value of Total Assets Per Share was reported at 33.76. The current Return on Average Assets is estimated to increase to 0.33, while Current Assets are projected to decrease to roughly 261.8 M.
Last ReportedProjected for 2023
Book Value per Share 9.49  11.49 
Enterprise Value over EBIT 4.00  4.11 
Enterprise Value over EBITDA 3.48  4.16 
Price to Book Value 3.22  3.47 
Tangible Assets Book Value per Share 36.60  37.56 
Enterprise Value3.9 B4.2 B
Tangible Asset Value2.9 B2.3 B
The analysis of Northern Oil's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Northern Oil's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Northern Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Long Term Debt Total
1.5 B
Non Current Liabilities Total
1.8 B
Forward Dividend Yield
0.0516
Short Long Term Debt Total
1.5 B
Forward Dividend Rate
1.36

Technical Drivers

As of the 24th of March, Northern Oil secures the risk adjusted performance of (0.038044), and Mean Deviation of 2.43. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Oil Gas, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Northern Oil, which can be compared to its peers in the industry. Please verify Northern Oil Gas information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Northern Oil Gas is priced some-what accurately, providing market reflects its recent price of 27.68 per share. Given that Northern Oil Gas has jensen alpha of (0.08), we recommend you to check Northern Oil's last-minute market performance to make sure the company can sustain itself at a future point.

Northern Oil Gas Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Northern Oil middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Northern Oil Gas. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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Northern Oil Gas Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Northern Oil insiders, such as employees or executives, is commonly permitted as long as it does not rely on Northern Oil's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Northern Oil insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Northern Oil Outstanding Bonds

Northern Oil issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Northern Oil Gas uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Northern bonds can be classified according to their maturity, which is the date when Northern Oil Gas has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Northern Oil Technical and Predictive Indicators

Northern Oil Forecast Models

Northern Oil time-series forecasting models is one of many Northern Oil's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Northern Oil's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Northern Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Northern Oil prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Northern shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Northern Oil. By using and applying Northern Stock analysis, traders can create a robust methodology for identifying Northern entry and exit points for their positions.
Last ReportedProjected for 2023
Operating Margin 54.32  50.19 
EBITDA Margin 0.70  0.76 
Gross Margin 0.73  0.69 
Profit Margin 0.46  0.50 

Current Northern Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Northern analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Northern analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
43.69Buy13Odds
Northern Oil Gas current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Northern analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Northern stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Northern Oil Gas, talking to its executives and customers, or listening to Northern conference calls.
Northern Analyst Advice Details

Northern Stock Analysis Indicators

Northern Oil Gas stock analysis indicators help investors evaluate how Northern Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Northern Oil shares will generate the highest return on investment. By understating and applying Northern Oil stock analysis, traders can identify Northern Oil position entry and exit signals to maximize returns.
Begin Period Cash Flow9.5 M
Common Stock Shares Outstanding86.7 M
Total Stockholder Equity745.3 M
Total Cashflows From Investing Activities-1.4 B
Tax Provision3.1 M
Quarterly Earnings Growth Y O Y-0.216
Property Plant And Equipment Net2.5 B
Retained Earnings-1 B
Cash And Short Term Investments2.5 M
Cash2.5 M
Accounts Payable128.6 M
Net Debt1.5 B
50 Day M A31.5954
Total Current Liabilities345 M
Non Current Assets Total2.6 B
Forward Price Earnings3.0488
Non Currrent Assets Other71.8 M
Stock Based Compensation5656.00
Check out Correlation Analysis. For more detail on how to invest in Northern Stock please use our How to Invest in Northern Oil guide. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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
9.49
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.