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General information

Country: UNITED STATES

Sector: Oil and Gas E and P

Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. The company is headquartered in Minnetonka, Minnesota and currently employs 20 full-time employees. The firm is engaged in the acquisition, exploration, development and production of oil and natural gas properties, primarily in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana. The firm holds working interests in over 2,630 gross (204.3 net) producing wells, including over 2,630 wells targeting the Bakken and Three Forks formations and over two wells targeting other formations. The firm leases approximately 165,910 net acres, all located in the Williston Basin. The firm engages in oil exploration and production through non-operated working interests in wells drilled and completed in spacing units that include its acreage. The firm`s proved reserves are approximately 65.3 million barrels of oil equivalent (MMBoe).
  • Dividend yield for the last twelve months 4.5%
  • Free cash flow yield 12.6% (LTM)
  • Share price is 80.1% higher than minimum and 17.0% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (3.4x vs
    )

Key Financials (Download financials)

Ticker: NOG
Share price, USD:  (+0.1%)36.15
year average price 38.54  


year start price 37.61 2023-12-28

min close price 31.73 2024-02-05

max close price 43.54 2024-04-29

current price 36.15 2024-12-26
Common stocks: 88 800 994

Dividend Yield:  4.5%
FCF Yield LTM: 12.6%
EV / LTM EBITDA: 3.4x
EV / EBITDA annualized: 3.4x
Target EV / EBITDA (hist percentile):
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 3 210
Net Debt ($m): 1 944
EV (Enterprise Value): 5 154
EBITDA LTM ($m): 1 533
EV / LTM EBITDA: 3.4x
Price to Book: 1.6x
Potential alt: -12.8%

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 75% percentile

Potential dynamics

News


2024-12-20businesswire.com

NOG Responds to Reuters Article in Regard to Potential Business Combination

2024-12-16zacks.com

Northern Oil and Gas Inks $160M Appalachia Development Program

2024-12-11zacks.com

Northern Oil and Gas (NOG) Moves to Buy: Rationale Behind the Upgrade

2024-12-11zacks.com

Is Northern Oil and Gas (NOG) Stock Outpacing Its Oils-Energy Peers This Year?

2024-12-05zacks.com

Northern Oil and Gas (NOG) Up 1.6% Since Last Earnings Report: Can It Continue?

2024-11-28zacks.com

Northern Oil and Gas Declares Dividend, Plans 10% Hike in 2025

2024-11-06seekingalpha.com

Northern Oil and Gas, Inc. (NOG) Q3 2024 Earnings Call Transcript

2024-11-05zacks.com

Northern Oil and Gas (NOG) Q3 Earnings Beat Estimates

2024-11-05businesswire.com

NOG Announces Third Quarter 2024 Results, Achieves Record Oil Production

2024-10-04seekingalpha.com

Northern Oil And Gas: Acquisitions Boost Oil Production By More Than 15%
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