Northern Oil and Gas Inc. (NOG)
Northern Oil and Gas Statistics
Share Statistics
Northern Oil and Gas has 98.85M shares outstanding. The number of shares has increased by -1.92% in one year.
| Shares Outstanding | 98.85M |
| Shares Change (YoY) | -1.92% |
| Shares Change (QoQ) | -0.71% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 95.97M |
| Failed to Deliver (FTD) Shares | 1.6K |
| FTD / Avg. Volume | 0.08% |
Short Selling Information
The latest short interest is 19.6M, so 19.78% of the outstanding shares have been sold short.
| Short Interest | 19.6M |
| Short % of Shares Out | 19.78% |
| Short % of Float | 31.98% |
| Short Ratio (days to cover) | 13.24 |
Valuation Ratios
The PE ratio is 7.13 and the forward PE ratio is 5.02. Northern Oil and Gas's PEG ratio is -0.15.
| PE Ratio | 7.13 |
| Forward PE | 5.02 |
| PS Ratio | 1.71 |
| Forward PS | 0.9 |
| PB Ratio | 1.6 |
| P/FCF Ratio | 2.63 |
| PEG Ratio | -0.15 |
Enterprise Valuation
Northern Oil and Gas has an Enterprise Value (EV) of 6.07B.
| EV / Sales | 2.81 |
| EV / EBITDA | 3.84 |
| EV / EBIT | 4.31 |
| EV / FCF | 4.31 |
Financial Position
The company has a current ratio of 0.92, with a Debt / Equity ratio of 1.02.
| Current Ratio | 0.92 |
| Quick Ratio | 0.92 |
| Debt / Equity | 1.02 |
| Debt / EBITDA | 1.5 |
| Debt / FCF | 1.68 |
| Interest Coverage | 5.31 |
Financial Efficiency
Return on Equity is 22.42% and Return on Invested Capital is 12.66%.
| Return on Equity | 22.42% |
| Return on Assets | 9.28% |
| Return on Invested Capital | 12.66% |
| Revenue Per Employee | $44.16M |
| Profits Per Employee | $10.62M |
| Employee Count | 49 |
| Asset Turnover | 0.39 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 160.51M |
| Effective Tax Rate | 23.58% |
Stock Price Statistics
The stock price has increased by -44.26% in the last 52 weeks. The beta is 1.51, so Northern Oil and Gas's price volatility has been higher than the market average.
| Beta | 1.51 |
| 52-Week Price Change | -44.26% |
| 50-Day Moving Average | 28.34 |
| 200-Day Moving Average | 36.04 |
| Relative Strength Index (RSI) | 44.04 |
| Average Volume (20 Days) | 1.9M |
Income Statement
In the last 12 months, Northern Oil and Gas had revenue of 2.16B and earned 520.31M in profits. Earnings per share was 5.21.
| Revenue | 2.16B |
| Gross Profit | 2.23B |
| Operating Income | 837.83M |
| Net Income | 520.31M |
| EBITDA | 1.58B |
| EBIT | 838.53M |
| Earnings Per Share (EPS) | 5.21 |
Balance Sheet
The company has 8.93M in cash and 2.37B in debt, giving a net cash position of -2.36B.
| Cash & Cash Equivalents | 8.93M |
| Total Debt | 2.37B |
| Net Cash | -2.36B |
| Retained Earnings | 442.52M |
| Total Assets | 5.6B |
| Working Capital | -43.53M |
Cash Flow
In the last 12 months, operating cash flow was 1.41B and capital expenditures 0, giving a free cash flow of 1.41B.
| Operating Cash Flow | 1.41B |
| Capital Expenditures | 0 |
| Free Cash Flow | 1.41B |
| FCF Per Share | 14.11 |
Margins
Gross margin is 102.86%, with operating and profit margins of 38.72% and 24.05%.
| Gross Margin | 102.86% |
| Operating Margin | 38.72% |
| Pretax Margin | 31.46% |
| Profit Margin | 24.05% |
| EBITDA Margin | 72.99% |
| EBIT Margin | 38.72% |
| FCF Margin | 65.1% |
Dividends & Yields
NOG pays an annual dividend of $2.09, which amounts to a dividend yield of 5.61%.
| Dividend Per Share | $2.09 |
| Dividend Yield | 5.61% |
| Dividend Growth (YoY) | 12.5% |
| Payout Ratio | 40.66% |
| Earnings Yield | 14.02% |
| FCF Yield | 37.96% |
Analyst Forecast
The average price target for NOG is $41, which is 70% higher than the current price. The consensus rating is "Hold".
| Price Target | $41 |
| Price Target Difference | 70% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
Stock Splits
The last stock split was on Sep 21, 2020. It was a backward split with a ratio of 1:10.
| Last Split Date | Sep 21, 2020 |
| Split Type | backward |
| Split Ratio | 1:10 |
Scores
| Altman Z-Score | 1.4 |
| Piotroski F-Score | 7 |