NOG
Northern Oil and Gas, Inc.
$20.36
+1.84
(+9.94%)
Mkt Cap
2.21B
Volume
4,373,858
52W Range
17.18-31.17
Sector
Energy
Beta
0.71
EPS (TTM)
-6.32
P/E Ratio
53.67
Revenue (TTM)
2.06B
Rev Growth (5Y)
+45.3%
EPS Growth (5Y)
N/A
AlphaVal · Fair Value
What we estimate one share is worth
$8.94
Overvalued
strong signal
127.6% above fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
D
Oil & Gas E&P
34.7 / 100 composite
An oil & gas explorer and producer — graded A–F vs. similar companies.
Company Description
Northern Oil and Gas, Inc. operates as an independent energy enterprise within the United States. The company's core business revolves around the entire lifecycle of crude oil and natural gas properties, from their acquisition and exploration to their development and eventual production. Its primary operations are concentrated in significant U.S. shale plays, namely the Williston, Appalachian, and Permian Basins. As of December 31, 2021, Northern Oil and Gas held active stakes in 7,436 total producing wells and reported proved reserves totaling 287,682 million barrels of oil equivalent (BOE). The company is headquartered in Minnetonka, Minnesota.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.10B | 2.16B | 1.91B | 1.99B | 975.09M | 324.07M | 601.24M | 493.92M | 223.99M | 159.72M | 202.68M | 431.61M |
| Net Income | 38.76M | 520.31M | 922.97M | 773.24M | 6.36M | (906.04M) | (76.32M) | 143.69M | (9.19M) | (293.49M) | (975.36M) | 163.75M |
| EPS | 0.40 | 5.21 | 10.09 | 9.26 | -0.13 | -21.55 | -2.00 | 6.08 | -1.50 | -48.00 | -160.81 | 27.00 |
| Free Cash Flow | 252.83M | (283.19M) | (679.02M) | (431.36M) | (197.32M) | 47.76M | (229.38M) | (230.32M) | (46.44M) | 8.74M | (42.13M) | (202.78M) |
| FCF / Share | 2.59 | -2.84 | -7.42 | -5.49 | -3.13 | 1.12 | -5.93 | -9.75 | -7.58 | 1.43 | -6.95 | -33.41 |
| Operating CF | 1.51B | 1.41B | 1.18B | 928.42M | 396.47M | 331.69M | 339.75M | 244.26M | 72.97M | 101.89M | 247.02M | 274.26M |
| Total Assets | 5.41B | 5.60B | 4.48B | 2.88B | 1.52B | 872.09M | 1.91B | 1.50B | 632.25M | 431.53M | 733.95M | 2.03B |
| Total Debt | 2.40B | 2.37B | 1.84B | 1.53B | 803.44M | 944.84M | 1.12B | 830.20M | 979.32M | 832.63M | 847.80M | 806.05M |
| Cash & Equiv | 14.30M | 8.93M | 8.20M | 2.53M | 9.52M | 1.43M | 16.07M | 2.36M | 102.18M | 6.49M | 3.39M | 9.34M |
| Book Value | 2.13B | 2.32B | 2.05B | 745.26M | 215.13M | (223.30M) | 558.64M | 429.86M | (490.84M) | (487.42M) | (197.60M) | 770.86M |
| Return on Equity | 0.02 | 0.22 | 0.45 | 1.04 | 0.03 | N/A | -0.14 | 0.33 | N/A | N/A | N/A | 0.21 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 544.09M | 450.86M | 485.87M | 577.99M | 580.34M | 549.20M | 515.49M | 564.19M | 534.88M | 546.14M | 513.52M | 418.79M |
| Net Income | (522.85M) | (70.73M) | (129.07M) | 99.58M | 138.98M | 71.70M | 298.45M | 138.56M | 11.61M | 388.85M | 26.11M | 167.81M |
| EPS | -5.31 | -0.70 | -1.33 | 1.02 | 1.41 | 0.72 | 3.00 | 1.38 | 0.12 | 3.92 | 0.28 | 1.89 |
| Free Cash Flow | (311.06M) | (539.74M) | 70.54M | 30.86M | 142.87M | (414.95M) | 3.90M | 117.28M | (14.91M) | (18.69M) | (386.46M) | (64.87M) |
| FCF / Share | -3.16 | -5.52 | 0.73 | 0.31 | 1.45 | -4.14 | 0.04 | 1.17 | -0.15 | -0.19 | -4.17 | -0.73 |
| Operating CF | 323.62M | 312.63M | 423.12M | 362.11M | 407.43M | 290.28M | 385.76M | 340.48M | 392.15M | 342.36M | 263.87M | 307.79M |
| Total Assets | 5.51B | 5.41B | 5.49B | 5.70B | 5.67B | 5.60B | 5.06B | 4.72B | 4.63B | 4.48B | 4.30B | 3.66B |
| Total Debt | 2.55B | 2.40B | 2.35B | 2.37B | 2.31B | 2.37B | 1.95B | 1.87B | 1.94B | 1.84B | 2.06B | 1.67B |
| Cash & Equiv | 37.04M | 14.30M | 31.65M | 25.86M | 33.58M | 8.93M | 34.36M | 7.78M | 32.47M | 8.20M | 12.95M | 14.80M |
| Book Value | 1.78B | 2.13B | 2.24B | 2.41B | 2.40B | 2.32B | 2.31B | 2.07B | 2.00B | 2.05B | 1.41B | 1.42B |
| Return on Equity | -0.29 | -0.03 | -0.06 | 0.04 | 0.06 | 0.03 | 0.13 | 0.07 | 0.01 | 0.19 | 0.02 | 0.12 |
NOG News
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NOG Declares Quarterly Cash Dividend
Northern Oil and Gas (NOG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates