NYSEAMERICAN:NOG

Northern Oil and Gas Stock Forecast, Price & News

$10.35

-0.50 (-4.61 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$10.10

Now: $10.35▼

$10.70

50-Day Range

$8.40

MA: $8.99▼

$9.50

52-Week Range

$3.35

Now: $10.35▼

$17.60

Volume1.17 million shs

Average Volume1.15 million shs

Market Capitalization$474.56 million

P/E RatioN/A

Dividend YieldN/A

Beta2.76

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. The company primarily holds interests in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana. As of December 31, 2019, it owned working interests in 6,156 gross producing wells; and had proved reserves of 163.3 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.

MarketRank^™

Overall MarketRank^™

1.69 out of 5 stars

Oils/Energy Sector

95th out of 668 stocks

Crude Petroleum & Natural Gas Industry

35th out of 247 stocks

3.6 Analyst's Opinion

Consensus Rating
Northern Oil and Gas has received a consensus rating of Buy. The company's average rating score is 3.13, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.75, Northern Oil and Gas has a forecasted upside of 32.9% from its current price of $10.35.
Amount of Analyst Coverage
Northern Oil and Gas has only been the subject of 2 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Northern Oil and Gas has received 160 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Northern Oil and Gas has received 204 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Northern Oil and Gas has received 56.04% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Northern Oil and Gas and other stocks. Vote “Outperform” if you believe NOG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NOG will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Northern Oil and Gas does not currently pay a dividend.
Dividend Growth
Northern Oil and Gas does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Northern Oil and Gas insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,176,500.00 in company stock.
Percentage Held by Insiders
Only 9.30% of the stock of Northern Oil and Gas is held by insiders.
Percentage Held by Institutions
40.14% of the stock of Northern Oil and Gas is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Northern Oil and Gas are expected to grow by 13.47% in the coming year, from $1.93 to $2.19 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Northern Oil and Gas is -0.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northern Oil and Gas is -0.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Northern Oil and Gas has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN

Industry Crude petroleum & natural gas

Sub-IndustryOil & Gas Exploration & Production

SectorOils/Energy

Current SymbolNYSEAMERICAN:NOG

Previous SymbolAMEX:NOG

CUSIP66553110

CIK1388955

Webwww.northernoil.com

Phone(952) 476-9800

Employees24

Debt

Debt-to-Equity Ratio6.57

Current Ratio1.08

Quick Ratio1.08

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio5.36

P/E GrowthN/A

Sales & Book Value

Annual Sales$472.40 million

Price / Sales1.00

Cash Flow$7.67 per share

Price / Cash Flow1.35

Book Value$13.77 per share

Price / Book0.75

Profitability

EPS (Most Recent Fiscal Year)$3.10

Net Income$-76,320,000.00

Net MarginsN/A

Return on Equity20.03%

Return on Assets5.06%

Miscellaneous

Outstanding Shares45,851,000

Market Cap$474.56 million

Next Earnings Date3/11/2021 (Estimated)

OptionableOptionable

$10.35

-0.50 (-4.61 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Northern Oil and Gas (NYSEAMERICAN:NOG) Frequently Asked Questions

How has Northern Oil and Gas' stock been impacted by Coronavirus?

Northern Oil and Gas' stock was trading at $0.96 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NOG stock has increased by 978.1% and is now trading at $10.35.
View which stocks have been most impacted by COVID-19.

Is Northern Oil and Gas a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northern Oil and Gas in the last year. There are currently 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Northern Oil and Gas stock.
View analyst ratings for Northern Oil and Gas or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Northern Oil and Gas?

Wall Street analysts have given Northern Oil and Gas a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Northern Oil and Gas wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Northern Oil and Gas' next earnings date?

Northern Oil and Gas is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
View our earnings forecast for Northern Oil and Gas.

How were Northern Oil and Gas' earnings last quarter?

Northern Oil and Gas, Inc. (NYSEAMERICAN:NOG) announced its earnings results on Friday, November, 6th. The energy company reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.39 by $0.12. The energy company had revenue of $73.68 million for the quarter, compared to analyst estimates of $86.73 million.
View Northern Oil and Gas' earnings history.

When did Northern Oil and Gas' stock split? How did Northern Oil and Gas' stock split work?

Northern Oil and Gas's stock reverse split on the morning of Monday, September 21st 2020. The 1-10 reverse split was announced on Wednesday, September 2nd 2020. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 18th 2020. An investor that had 100 shares of Northern Oil and Gas stock prior to the reverse split would have 10 shares after the split.

What price target have analysts set for NOG?

8 Wall Street analysts have issued 12 month target prices for Northern Oil and Gas' stock. Their forecasts range from $10.00 to $20.00. On average, they expect Northern Oil and Gas' share price to reach $13.75 in the next twelve months. This suggests a possible upside of 32.9% from the stock's current price.
View analysts' price targets for Northern Oil and Gas or view Wall Street analyst' top-rated stocks.

Who are some of Northern Oil and Gas' key competitors?

Some companies that are related to Northern Oil and Gas include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Cabot Oil & Gas (COG), Continental Resources (CLR), Devon Energy (DVN), Marathon Oil (MRO), WPX Energy (WPX), Cimarex Energy (XEC), EQT (EQT), PDC Energy (PDCE), Range Resources (RRC) and Southwestern Energy (SWN).
View all of NOG's competitors.

What other stocks do shareholders of Northern Oil and Gas own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Northern Oil and Gas investors own include Matinas BioPharma (MTNB), Seanergy Maritime (SHIP), Abraxas Petroleum (AXAS), Acasti Pharma (ACST), KushCo (KSHB), Miragen Therapeutics (MGEN), Bionano Genomics (BNGO), Clean Energy Fuels (CLNE), Great Panther Mining (GPL) and ADMA Biologics (ADMA).

Who are Northern Oil and Gas' key executives?

Northern Oil and Gas' management team includes the following people:

Mr. Nicholas L. O'Grady, Chief Exec. Officer (Age 41, Pay $640.5k)
Mr. Chad Allen, Chief Financial Officer (Age 38, Pay $318k)
Mr. Adam Dirlam, Chief Operating Officer (Age 36, Pay $338k)
Mr. Erik J. Romslo, Chief Legal Officer & Sec. (Age 42, Pay $418k)
Mr. Brandon R. Elliott CFA, Consultant (Age 48, Pay $1.2M)
Mr. James Evans, Sr. VP of Engineering
Mr. Michael Dugan Kelly CFA, Exec. VP of Fin. (Age 38)

What is Northern Oil and Gas' stock symbol?

Northern Oil and Gas trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "NOG."

Who are Northern Oil and Gas' major shareholders?

Northern Oil and Gas' stock is owned by many different institutional and retail investors. Top institutional investors include Epiq Partners LLC (0.14%). Company insiders that own Northern Oil and Gas stock include Bahram Akradi, Crestview Partners Iii Gp, LP and Robert B Rowling.
View institutional ownership trends for Northern Oil and Gas.

Which institutional investors are buying Northern Oil and Gas stock?

NOG stock was purchased by a variety of institutional investors in the last quarter, including Epiq Partners LLC.
View insider buying and selling activity for Northern Oil and Gas or or view top insider-buying stocks.

How do I buy shares of Northern Oil and Gas?

Shares of NOG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Northern Oil and Gas' stock price today?

One share of NOG stock can currently be purchased for approximately $10.35.

How big of a company is Northern Oil and Gas?

Northern Oil and Gas has a market capitalization of $474.56 million and generates $472.40 million in revenue each year. The energy company earns $-76,320,000.00 in net income (profit) each year or $3.10 on an earnings per share basis. Northern Oil and Gas employs 24 workers across the globe.

What is Northern Oil and Gas' official website?

The official website for Northern Oil and Gas is www.northernoil.com.

How can I contact Northern Oil and Gas?

Northern Oil and Gas' mailing address is 601 Carlson Pkwy Ste 990, MINNETONKA, MN 55305-5218, United States. The energy company can be reached via phone at (952) 476-9800 or via email at [email protected]

This page was last updated on 1/24/2021 by MarketBeat.com Staff

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