NOG 📈 Northern Oil & Gas - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6655313079
NOG: Crude Oil, Natural Gas
Northern Oil and Gas, Inc. operates as an independent energy company, focusing on the acquisition, exploration, and production of crude oil and natural gas properties across the United States. The company's portfolio is diversified, with significant holdings in major basins such as the Williston Basin, known for its rich Bakken shale formation, the Appalachian Basin, which spans the Marcellus and Utica shales, and the Permian Basin, one of the most prolific oil-producing areas in the country. This strategic diversification allows Northern Oil and Gas to leverage a wide range of geological and operational opportunities, mitigating risks and enhancing potential for growth.
Headquartered in Minnetonka, Minnesota, Northern Oil and Gas, Inc. is well-positioned to manage its extensive operations across these key basins. The company's website, https://www.noginc.com, provides detailed information on its operations, financial performance, and corporate governance. With its common stock listed under the ISIN US6655313079, the company falls under the GICS Sub Industry category of Oil & Gas Exploration & Production, reflecting its core business activities. This classification is crucial for investors and analysts seeking to understand the company's role within the broader energy sector and to assess its performance relative to industry peers.
As a player in the oil and gas exploration and production sector, Northern Oil and Gas, Inc. is subject to the fluctuations and trends of the global energy market. The company's success is closely tied to its ability to navigate these market dynamics, manage operational costs, and identify and capitalize on new opportunities for growth. With its established presence in major U.S. basins and its commitment to strategic development and production, Northern Oil and Gas, Inc. aims to create value for its shareholders while contributing to the energy needs of the future.
Additional Sources for NOG Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NOG Stock Overview
Market Cap in USD | 4,341m |
Sector | Energy |
Industry | Oil & Gas E&P |
GiC Sub-Industry | Oil & Gas Exploration & Production |
IPO / Inception | 2007-04-13 |
NOG Stock Ratings
Growth 5y | 57.4% |
Fundamental | 64.6% |
Dividend | 76.1% |
Rel. Strength Industry | -133 |
Analysts | 4.42/5 |
Fair Price Momentum | 37.08 USD |
Fair Price DCF | 29.31 USD |
NOG Dividends
Dividend Yield 12m | 4.55% |
Yield on Cost 5y | 7.99% |
Annual Growth 5y | 90.66% |
Payout Consistency | 100.0% |
NOG Growth Ratios
Growth Correlation 3m | 51.4% |
Growth Correlation 12m | 44.7% |
Growth Correlation 5y | 94.2% |
CAGR 5y | 11.87% |
CAGR/Mean DD 5y | 0.46 |
Sharpe Ratio 12m | -0.03 |
Alpha | -23.97 |
Beta | 0.82 |
Volatility | 37.59% |
Current Volume | 4749.9k |
Average Volume 20d | 1493k |
As of December 22, 2024, the stock is trading at USD 35.57 with a total of 4,749,905 shares traded.
Over the past week, the price has changed by -12.63%, over one month by -14.43%, over three months by -2.97% and over the past year by -0.70%.
Yes, based on ValueRay Fundamental Analyses, Northern Oil & Gas (NYSE:NOG) is currently (December 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 64.60 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NOG as of December 2024 is 37.08. This means that NOG is currently overvalued and has a potential downside of 4.25%.
Northern Oil & Gas has received a consensus analysts rating of 4.42. Therefor, it is recommend to buy NOG.
- Strong Buy: 7
- Buy: 3
- Hold: 2
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, NOG Northern Oil & Gas will be worth about 40.3 in December 2025. The stock is currently trading at 35.57. This means that the stock has a potential upside of +13.41%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 49 | 37.9% |
Analysts Target Price | 51.2 | 43.9% |
ValueRay Target Price | 40.3 | 13.4% |