Northern Stock Today


USD 29.55  2.14  7.81%   

Market Performance
8 of 100
Odds Of Distress
Less than 43
Northern Oil is trading at 29.55 as of the 3rd of October 2022, a 7.81 percent increase since the beginning of the trading day. The stock's lowest day price was 28.51. Northern Oil has about a 43 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Northern Oil And are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of September 2022 and ending today, the 3rd of October 2022. Click here to learn more.
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. The company has 77.2 M outstanding shares of which 4.64 M shares are now shorted by investors with about 2.96 days to cover. More on Northern Oil And

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+0.78DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr
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Northern Oil Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Northern Oil's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Northern Oil or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Northern Oil And has very high historical volatility over the last 90 days
The company has 1.12 B in debt with debt to equity (D/E) ratio of 3.74, meaning that the company heavily relies on borrowing funds for operations. Northern Oil And has a current ratio of 0.51, 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 And 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.
The entity reported the last year's revenue of 1.18 B. Reported Net Loss for the year was (138.75 M) with profit before taxes, overhead, and interest of 727.32 M.
Over 77.0% of Northern Oil shares are owned by institutional investors
Latest headline from Steep sell-offs in U.S. stocks have started to spread worldwide - Northern Public Radio
Co-Founder, CEO and DirectorMichael Reger
Thematic Ideas
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Average Analyst Recommendation
Analysts covering Northern Oil report their recommendations after researching Northern Oil's financial statements, talking to executives and customers, or listening in on Northern Oil's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Northern Oil And. The Northern consensus assessment is calculated by taking the average forecast from all of the analysts covering Northern Oil.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Northern Oil's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Northern Oil And (NOG) is traded on New York Stock Exchange in USA and employs 25 people. The company currently falls under 'Mid-Cap' category with total capitalization of 2.12 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 these looking for more risk prefer small-cap and mid-cap equities. Northern Oil And runs under Energy sector within Oil & Gas E&P industry. The entity has 77.2 M outstanding shares of which 4.64 M shares are now shorted by investors with about 2.96 days to cover. Northern Oil And has about 3.33 M in cash with 487.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Northern Oil Probability Of Bankruptcy
Northern Oil And holds a total of 77.2 Million outstanding shares. The majority of Northern Oil outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Northern Oil And to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Northern Oil And. Please pay attention to any change in the institutional holdings of Northern Oil as this could imply that something significant has changed or about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

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Northern Stock Price Odds Analysis

What are Northern Oil's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Northern Oil jumping above the current price in 90 days from now is about 32.76%. The Northern Oil And probability density function shows the probability of Northern Oil stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1977. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Northern Oil will likely underperform. Additionally, the company has an alpha of 0.3964, implying that it can generate a 0.4 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 29.55HorizonTargetOdds Above 29.55
67.12%90 days
Based on a normal probability distribution, the odds of Northern Oil to move above the current price in 90 days from now is about 32.76 (This Northern Oil And probability density function shows the probability of Northern Stock to fall within a particular range of prices over 90 days) .

Northern Stock 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.
InstituionSecurity TypeTotal SharesValue
Capital World InvestorsCommon Shares6.1 M152.9 M
Fmr LlcCommon Shares5.8 M146.8 M
Bank Of MontrealCall Options549.7 K20.4 M
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Northern Oil And Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Northern Oil market risk premium is the additional return an investor will receive from holding Northern Oil long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Northern Oil. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Northern Oil's alpha and beta are two of the key measurements used to evaluate Northern Oil's performance over the market, the standard measures of volatility play an important role as well.

Northern Stock Against Markets

Picking the right benchmark for Northern Oil stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Northern Oil stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Northern Oil is critical whether you are bullish or bearish towards Northern Oil And at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Northern Oil without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Northern Oil Corporate Directors

Northern Oil corporate directors refer to members of a Northern Oil board of directors. The board of directors generally takes responsibility for the Northern Oil's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Northern Oil's board members must vote for the resolution. The Northern Oil board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert Grabb - Independent DirectorProfile
Michael Frantz - Independent DirectorProfile
Lisa Bromiley - Lead Independent DirectorProfile
Richard Weber - Independent DirectorProfile

Invested in Northern Oil And?

The danger of trading Northern Oil And is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Northern Oil is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Northern Oil. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Northern Oil And is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Northern Oil And 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.
The market value of Northern Oil And 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.