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Northern Oil and Gas (NOG)

(Delayed Data from NYSE)

$42.05 USD

42.05
1,219,223

-0.40 (-0.94%)

Updated Apr 18, 2024 03:59 PM ET

After-Market: $42.05 0.00 (0.00%) 5:10 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 20% (201 out of 251)

Industry: Oil and Gas - Exploration and Production - United States

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Balance Sheet

Research for NOG

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Northern Oil and Gas, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 84 38 12 53 22
Receivables 374 272 194 71 108
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 52 11 10 2 3
Total Current Assets 509 320 215 126 133
Net Property & Equipment 3,932 2,483 1,253 735 1,749
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 43 72 54 11 24
Total Assets 4,484 2,875 1,523 872 1,905
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 193 129 65 36 69
Current Portion Long-Term Debt 0 0 0 65 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 174 146 126 77 122
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 19 70 136 5 12
Total Current Liabilities 386 345 328 182 203
Mortgages 0 0 0 0 0
Deferred Taxes/Income 68 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,836 1,525 803 880 1,118
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 147 260 177 33 25
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,437 2,130 1,308 1,095 1,347
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 0 0 0 0
Capital Surplus 2,125 1,746 1,989 1,557 1,431
Retained Earnings -78 -1,001 -1,774 -1,780 -873
Other Equity 0 0 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 2,048 745 215 -223 559
Total Liabilities & Shareholder's Equity 4,484 2,875 1,523 872 1,905
Total Common Equity 2,048 745 215 -223 559
Shares Outstanding 100.50 77.80 66.20 45.90 40.50
Book Value Per Share 20.37 9.58 3.25 -4.86 13.79

Fiscal Year End for Northern Oil and Gas, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 84 78 83 78
Receivables NA 374 364 266 274
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 52 28 37 43
Total Current Assets NA 509 470 386 396
Net Property & Equipment NA 3,932 3,789 3,217 2,916
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 0 0 0 0
Deposits & Other Assets NA 43 46 62 31
Total Assets NA 4,484 4,305 3,665 3,343
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 193 235 154 134
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 174 187 208 177
Income Taxes Payable NA 0 2 0 0
Other Current Liabilities NA 19 178 17 33
Total Current Liabilities NA 386 602 379 345
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 68 7 31 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,836 2,057 1,673 1,757
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 230 167 193
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 2,437 2,897 2,249 2,295
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 0
Capital Surplus NA 2,125 1,874 1,908 1,708
Retained Earnings NA -78 -467 -493 -661
Other Equity NA 0 0 0 0
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 2,048 1,408 1,416 1,048
Total Liabilities & Shareholder's Equity NA 4,484 4,305 3,665 3,343
Total Common Equity 0 2,048 1,408 1,416 1,048
Shares Outstanding 101.50 100.50 93.00 85.30 85.30
Book Value Per Share 0.00 20.37 15.14 16.60 12.29