Northern Oil and Gas Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 22/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 32.40.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Northern Oil and Gas Inc's Score
Industry at a Glance
Industry Ranking
22 / 120
Overall Ranking
135 / 4563
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
11
analysts
Buy
Current Rating
32.400
Target Price
+34.27%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Northern Oil and Gas Inc Highlights
StrengthsRisks
Northern Oil and Gas, Inc. is a real asset company that focuses on acquiring and investing in non-operated minority working and mineral interests in the hydrocarbon producing basins. The Company is engaged as a non-operator in the acquisition, exploration, development and production of oil and natural gas properties in the United States, primarily in the Williston Basin, the Permian Basin, the Appalachian Basin and the Uinta Basin. Its portfolio comprises 300,000 acres of low-breakeven land with over 10,000 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. It engages in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include its acreage. In addition, it acquires wellbore-only working interests in wells in which it does not hold the underlying leasehold interests from third parties.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 31.52%.
Undervalued
The company’s latest PB is 0.93, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 114.35M shares, decreasing 8.43% quarter-over-quarter.
Northern Oil and Gas, Inc. is a real asset company that focuses on acquiring and investing in non-operated minority working and mineral interests in the hydrocarbon producing basins. The Company is engaged as a non-operator in the acquisition, exploration, development and production of oil and natural gas properties in the United States, primarily in the Williston Basin, the Permian Basin, the Appalachian Basin and the Uinta Basin. Its portfolio comprises 300,000 acres of low-breakeven land with over 10,000 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. It engages in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include its acreage. In addition, it acquires wellbore-only working interests in wells in which it does not hold the underlying leasehold interests from third parties.
Ticker SymbolNOG
CompanyNorthern Oil and Gas Inc
CEOO'Grady (Nicholas L)
Websitehttps://www.northernoil.com/
FAQs
What is the current price of Northern Oil and Gas Inc (NOG)?
The current price of Northern Oil and Gas Inc (NOG) is 21.400.
What is the symbol of Northern Oil and Gas Inc?
The ticker symbol of Northern Oil and Gas Inc is NOG.
What is the 52-week high of Northern Oil and Gas Inc?
The 52-week high of Northern Oil and Gas Inc is 42.350.
What is the 52-week low of Northern Oil and Gas Inc?
The 52-week low of Northern Oil and Gas Inc is 19.880.
What is the market capitalization of Northern Oil and Gas Inc?
The market capitalization of Northern Oil and Gas Inc is 2.09B.
What is the net income of Northern Oil and Gas Inc?
The net income of Northern Oil and Gas Inc is 520.31M.
Is Northern Oil and Gas Inc (NOG) currently rated as Buy, Hold, or Sell?
According to analysts, Northern Oil and Gas Inc (NOG) has an overall rating of Buy, with a price target of 32.400.
What is the Earnings Per Share (EPS TTM) of Northern Oil and Gas Inc (NOG)?
The Earnings Per Share (EPS TTM) of Northern Oil and Gas Inc (NOG) is 1.846.