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Northern Oil and Gas (NOG) Competitors

$39.48
+0.14 (+0.36%)
(As of 07/12/2024 ET)

NOG vs. OVV, PR, CHK, APA, AR, HESM, RRC, SWN, MTDR, and CHRD

Should you be buying Northern Oil and Gas stock or one of its competitors? The main competitors of Northern Oil and Gas include Ovintiv (OVV), Permian Resources (PR), Chesapeake Energy (CHK), APA (APA), Antero Resources (AR), Hess Midstream (HESM), Range Resources (RRC), Southwestern Energy (SWN), Matador Resources (MTDR), and Chord Energy (CHRD). These companies are all part of the "crude petroleum & natural gas" industry.

Northern Oil and Gas vs.

Northern Oil and Gas (NYSE:NOG) and Ovintiv (NYSE:OVV) are both oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their dividends, risk, analyst recommendations, earnings, profitability, community ranking, media sentiment, institutional ownership and valuation.

Ovintiv received 113 more outperform votes than Northern Oil and Gas when rated by MarketBeat users. Likewise, 50.35% of users gave Ovintiv an outperform vote while only 37.21% of users gave Northern Oil and Gas an outperform vote.

CompanyUnderperformOutperform
Northern Oil and GasOutperform Votes
32
37.21%
Underperform Votes
54
62.79%
OvintivOutperform Votes
145
50.35%
Underperform Votes
143
49.65%

Northern Oil and Gas has a net margin of 30.01% compared to Ovintiv's net margin of 18.12%. Northern Oil and Gas' return on equity of 34.06% beat Ovintiv's return on equity.

Company Net Margins Return on Equity Return on Assets
Northern Oil and Gas30.01% 34.06% 13.70%
Ovintiv 18.12%17.74%8.84%

Northern Oil and Gas has a beta of 1.79, suggesting that its share price is 79% more volatile than the S&P 500. Comparatively, Ovintiv has a beta of 2.63, suggesting that its share price is 163% more volatile than the S&P 500.

Northern Oil and Gas pays an annual dividend of $1.60 per share and has a dividend yield of 4.1%. Ovintiv pays an annual dividend of $1.20 per share and has a dividend yield of 2.5%. Northern Oil and Gas pays out 25.9% of its earnings in the form of a dividend. Ovintiv pays out 16.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Ovintiv has higher revenue and earnings than Northern Oil and Gas. Northern Oil and Gas is trading at a lower price-to-earnings ratio than Ovintiv, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Northern Oil and Gas$2.17B1.84$922.97M$6.176.40
Ovintiv$10.88B1.18$2.09B$7.166.74

98.8% of Northern Oil and Gas shares are owned by institutional investors. Comparatively, 83.8% of Ovintiv shares are owned by institutional investors. 2.8% of Northern Oil and Gas shares are owned by insiders. Comparatively, 1.7% of Ovintiv shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Northern Oil and Gas currently has a consensus price target of $49.00, suggesting a potential upside of 24.11%. Ovintiv has a consensus price target of $59.24, suggesting a potential upside of 22.79%. Given Northern Oil and Gas' stronger consensus rating and higher probable upside, research analysts clearly believe Northern Oil and Gas is more favorable than Ovintiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northern Oil and Gas
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91
Ovintiv
0 Sell rating(s)
5 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.69

In the previous week, Ovintiv had 18 more articles in the media than Northern Oil and Gas. MarketBeat recorded 26 mentions for Ovintiv and 8 mentions for Northern Oil and Gas. Northern Oil and Gas' average media sentiment score of 1.05 beat Ovintiv's score of 0.59 indicating that Northern Oil and Gas is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Northern Oil and Gas
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ovintiv
11 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Northern Oil and Gas beats Ovintiv on 11 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NOG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NOG vs. The Competition

MetricNorthern Oil and GasCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$3.99B$8.46B$8.38B$18.31B
Dividend Yield4.07%17.71%11.77%3.52%
P/E Ratio6.4015.8411.3625.20
Price / Sales1.844.7168.0515.62
Price / Cash3.606.769.3820.00
Price / Book1.941.873.925.07
Net Income$922.97M$1.24B$968.95M$973.14M
7 Day Performance3.70%2.14%336.91%4.04%
1 Month Performance6.56%4.18%333.77%5.21%
1 Year Performance14.48%3.81%350.99%8.58%

Northern Oil and Gas Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OVV
Ovintiv
4.8693 of 5 stars
4.87 / 5 stars
$46.52
-2.7%
$58.65
+26.1%
+21.1%$12.42B$10.88B6.501,743Analyst Forecast
Short Interest ↓
Analyst Revision
News Coverage
PR
Permian Resources
4.9068 of 5 stars
4.91 / 5 stars
$16.05
-4.4%
$20.36
+26.8%
+42.2%$12.36B$3.75B14.59461Analyst Forecast
Analyst Revision
News Coverage
CHK
Chesapeake Energy
3.4782 of 5 stars
3.48 / 5 stars
$82.31
-1.6%
$106.67
+29.6%
+0.1%$10.79B$5.81B11.091,000Short Interest ↑
Analyst Revision
APA
APA
4.8258 of 5 stars
4.83 / 5 stars
$28.60
-2.8%
$40.52
+41.7%
-22.4%$10.62B$8.19B3.202,271Analyst Forecast
News Coverage
AR
Antero Resources
3.5491 of 5 stars
3.55 / 5 stars
$32.61
-2.1%
$33.50
+2.7%
+38.3%$10.14B$4.68B163.05604Analyst Forecast
Short Interest ↑
Analyst Revision
News Coverage
Positive News
HESM
Hess Midstream
1.8227 of 5 stars
1.82 / 5 stars
$37.05
-0.6%
$36.83
-0.6%
+23.4%$8.28B$1.35B16.76196News Coverage
RRC
Range Resources
3.4902 of 5 stars
3.49 / 5 stars
$33.65
-2.3%
$37.10
+10.3%
+19.5%$8.16B$3.37B17.08548Analyst Forecast
Analyst Revision
News Coverage
SWN
Southwestern Energy
3.2904 of 5 stars
3.29 / 5 stars
$6.75
-2.3%
$8.25
+22.2%
+13.1%$7.44B$5.82B-3.881,165Analyst Forecast
News Coverage
MTDR
Matador Resources
4.2047 of 5 stars
4.20 / 5 stars
$58.20
-3.8%
$76.09
+30.7%
+12.2%$7.26B$2.81B7.97395Analyst Revision
News Coverage
CHRD
Chord Energy
4.2884 of 5 stars
4.29 / 5 stars
$169.50
-2.4%
$205.00
+20.9%
+9.6%$7.07B$4.09B7.95514Short Interest ↑
News Coverage
Positive News

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This page (NYSE:NOG) was last updated on 7/14/2024 by MarketBeat.com Staff

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