General information

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 2.0%
  • Free cash flow yield -16.7% (LTM)
  • Share price is 668.5% higher than minimum and 29.4% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (19.2x vs
    )
  • For the last 3 months insiders sold company shares on $23.6 mln (-0.922% of cap.)

Key Financials (Download financials)

Ticker: NOG
Share price, USD:  (-8.4%)26.13
year average price 23.77  


year start price 21.20 2021-07-01

min close price 14.30 2021-08-19

max close price 37.02 2022-06-10

current price 26.13 2022-06-30
Common stocks: 66 172 100

Dividend Yield:  2.0%
FCF Yield LTM: -16.7%
EV / LTM EBITDA: 19.2x
Target EV / EBITDA (hist percentile):
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 1 729
Net Debt ($m): 1 116
EV (Enterprise Value): 2 845
EBITDA LTM ($m): 148
EV / LTM EBITDA: 19.2x
Price to Book: -57.24x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF / Free Cash Flow ($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 50% percentile

Potential dynamics

News


2022-06-13Zacks Investment Research

Northern (NOG) to Snap Up Williston Basin Assets for $170M

2022-05-31Schaeffers Research

This Oil and Gas Stock Has Room to Run

2022-05-31Zacks Investment Research

Why Northern Oil and Gas (NOG) is a Top Value Stock for the Long-Term

2022-05-31Zacks Investment Research

Northern (NOG) Stock Up 22% Since Q1 Earnings & Sales Beat

2022-05-11Seeking Alpha

Northern Oil and Gas Expects To Increase Its Quarterly Dividend To $0.25 For Q3 2022

2022-05-06Seeking Alpha

Northern Oil and Gas, Inc. (NOG) CEO Nicholas O'Grady on Q1 2022 Results - Earnings Call Transcript

2022-04-28Zacks Investment Research

Here's Why Northern Oil and Gas (NOG) Is a Great 'Buy the Bottom' Stock Now

2022-04-22Business Wire

NOG Announces First Quarter 2022 Earnings Release and Conference Call

2022-04-06Seeking Alpha

Northern Oil's Free Cash Flow Could Make The Price Spike

2022-03-16Zacks Investment Research

Northern (NOG) Stock Up 5.9% Since Q4 Earnings & Sales Beat
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