Northern Financial Statements From 2010 to 2026

NOG Stock  USD 21.03  0.03  0.14%   
Northern Oil's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Northern Oil's valuation are provided below:
Gross Profit
1.6 B
Profit Margin
0.0884
Market Capitalization
2.1 B
Enterprise Value Revenue
1.9896
Revenue
2.1 B
There are over one hundred nineteen available fundamental ratios for Northern Oil, which can be analyzed over time and compared to other ratios. Active traders should verify all of Northern Oil last-minute fundamental drivers against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. The Northern Oil's current Market Cap is estimated to increase to about 3.5 B. The Northern Oil's current Enterprise Value is estimated to increase to about 67.7 M

Northern Oil Total Revenue

2.61 Billion

Check Northern Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern Oil's main balance sheet or income statement drivers, such as Interest Expense of 190.4 M, Selling General Administrative of 60.9 M or Other Operating Expenses of 1.6 B, as well as many indicators such as Price To Sales Ratio of 1.87, Dividend Yield of 0.0274 or PTB Ratio of 1.51. Northern financial statements analysis is a perfect complement when working with Northern Oil Valuation or Volatility modules.
  
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Check out the analysis of Northern Oil Correlation against competitors.

Northern Oil Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Short and Long Term Debt Total2.9 B2.7 B1.4 B
Slightly volatile
Total Current Liabilities657.2 M625.9 M263.7 M
Slightly volatile
Net Debt2.9 B2.7 B1.1 B
Slightly volatile
Common Stock Total Equity541 K515.2 K266.2 K
Slightly volatile
Common Stock Shares Outstanding122.3 M116.5 M43 M
Slightly volatile
Non Current Liabilities Total3.3 B3.1 B1.3 B
Slightly volatile
Other Stockholder Equity2.3 B2.2 B1.7 B
Slightly volatile
Total LiabilitiesB3.8 B1.6 B
Slightly volatile
Common Stock605 K576.1 K284 K
Slightly volatile
Accounts Payable245 M233.3 M125.3 M
Slightly volatile
Other Current Liabilities412.2 M392.6 M134.6 M
Slightly volatile
Other Current Assets77.4 M73.7 M30.4 M
Slightly volatile
Total Assets6.8 B6.4 B2.3 B
Slightly volatile
Property Plant And Equipment Net6.1 B5.8 BB
Slightly volatile
Cash7.6 MM13 M
Very volatile
Non Current Assets Total6.2 B5.9 B2.1 B
Slightly volatile
Cash And Short Term Investments7.6 MM13 M
Very volatile
Liabilities And Stockholders Equity6.8 B6.4 B2.3 B
Slightly volatile
Property Plant And Equipment Gross12.5 B11.9 B3.8 B
Slightly volatile
Total Current Assets604.6 M575.9 M238.7 M
Slightly volatile
Property Plant Equipment6.1 B5.8 BB
Slightly volatile
Other Assets22.8 M24 M68.9 M
Pretty Stable
Net Receivables516.5 M491.9 M177.1 M
Slightly volatile
Inventory1.091.1527.7 M
Pretty Stable
Other Liabilities313.4 M298.5 M99.5 M
Slightly volatile
Long Term Debt2.9 B2.7 B1.1 B
Slightly volatile
Long Term Debt Total2.9 B2.7 B1.3 B
Slightly volatile
Capital Surpluse1.4 B2.2 B1.1 B
Slightly volatile
Deferred Long Term Liabilities8.3 M12.5 M9.8 M
Pretty Stable
Long Term Investments20 M22.5 M24.6 M
Slightly volatile
Short and Long Term Debt55.6 M58.5 M423.5 M
Slightly volatile
Non Current Liabilities Other1.3 M2.6 M932.7 K
Slightly volatile
Cash And Equivalents14 MM12.9 M
Very volatile
Net Invested Capital5.7 B5.4 B1.8 B
Slightly volatile
Capital Stock504.2 K576.1 K430.3 K
Slightly volatile

Northern Oil Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative60.9 M58 M26.9 M
Slightly volatile
Other Operating Expenses1.6 B1.5 B673.1 M
Slightly volatile
Total Operating Expenses65.7 M69.1 M233.4 M
Very volatile
Cost Of Revenue1.6 B1.5 B496.2 M
Slightly volatile
Total Revenue2.6 B2.5 B905.8 M
Slightly volatile
Selling And Marketing Expenses12.6 M12 M7.6 M
Slightly volatile
Non Recurring202.6 M213.3 M560.8 M
Slightly volatile
Interest Income93.6 M181.1 M83.4 M
Slightly volatile
Reconciled Depreciation894.6 M852 M250.6 M
Slightly volatile
Extraordinary Items640 K720 K785.9 K
Slightly volatile

Northern Oil Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow15.4 MM12.9 M
Very volatile
Stock Based Compensation14.5 M13.8 M6.5 M
Slightly volatile
Begin Period Cash FlowM7.4 M20.8 M
Slightly volatile
Depreciation894.6 M852 M278.7 M
Slightly volatile
Dividends Paid138.5 M145.8 M1.4 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.871.973.2927
Slightly volatile
Dividend Yield0.02740.03930.029
Slightly volatile
Days Sales Outstanding11482.9796.2688
Slightly volatile
Average Payables55.4 M66.7 M86.4 M
Slightly volatile
Stock Based Compensation To Revenue0.0060.00640.0182
Slightly volatile
Capex To Depreciation2.492.63233
Slightly volatile
EV To Sales3.073.235.1283
Slightly volatile
Inventory Turnover1.711.819.8568
Pretty Stable
Days Of Inventory On Hand200210599
Slightly volatile
Payables Turnover3.245.894.7685
Very volatile
Sales General And Administrative To Revenue0.02550.02680.0806
Slightly volatile
Average Inventory55.2 M52.5 M45.8 M
Slightly volatile
Capex To Revenue0.850.91.7258
Slightly volatile
Cash Per Share0.09770.11.7225
Pretty Stable
Payout Ratio0.340.363.8626
Slightly volatile
Days Payables Outstanding60.9364.13253
Slightly volatile
Current Ratio1.011.063.6171
Slightly volatile
Receivables Turnover3.414.554.4512
Slightly volatile
Graham Number66.3346.9869.8698
Slightly volatile
Capex Per Share32.5819.4830.5162
Slightly volatile
Average Receivables36.7 M38.2 M46.2 M
Pretty Stable
Revenue Per Share28.7224.9228.3417
Slightly volatile
Interest Debt Per Share32.1122.7859.8101
Slightly volatile
Debt To Assets0.50.380.6404
Very volatile
Short Term Coverage Ratios6.364.598.8561
Slightly volatile
Operating Cycle78.8382.97604
Slightly volatile
Days Of Payables Outstanding60.9364.13253
Slightly volatile
Dividend Payout Ratio0.340.363.8626
Slightly volatile
Long Term Debt To Capitalization0.660.450.7932
Very volatile
Quick Ratio1.011.063.4895
Slightly volatile
Net Income Per E B T0.680.690.8643
Very volatile
Cash Ratio0.01790.01892.7356
Slightly volatile
Operating Cash Flow Sales Ratio0.750.6510.6506
Very volatile
Days Of Inventory Outstanding200210599
Slightly volatile
Days Of Sales Outstanding11482.9796.2688
Slightly volatile
Cash Flow Coverage Ratios1.030.680.5538
Pretty Stable
Fixed Asset Turnover0.30.380.3942
Slightly volatile
Debt Ratio0.50.380.6404
Very volatile
Cash Flow To Debt Ratio1.030.680.5538
Pretty Stable
Price Sales Ratio1.871.973.2927
Slightly volatile
Asset Turnover0.260.350.3382
Slightly volatile

Northern Oil Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.5 B3.3 BB
Slightly volatile
Enterprise Value67.7 M64.4 M67.2 M
Slightly volatile

Northern Fundamental Market Drivers

Forward Price Earnings8.5034
Cash And Short Term Investments8.9 M

Northern Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Northern Oil Financial Statements

Northern Oil stakeholders use historical fundamental indicators, such as Northern Oil's revenue or net income, to determine how well the company is positioned to perform in the future. Although Northern Oil investors may analyze each financial statement separately, they are all interrelated. For example, changes in Northern Oil's assets and liabilities are reflected in the revenues and expenses on Northern Oil's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Northern Oil Gas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-217.3 K-206.5 K
Cost Of Revenue1.5 B1.6 B
Total Revenue2.5 B2.6 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.03  0.03 
Capex To Revenue 0.90  0.85 
Revenue Per Share 24.92  28.72 
Ebit Per Revenue 0.45  0.47 

Currently Active Assets on Macroaxis

When determining whether Northern Oil Gas is a strong investment it is important to analyze Northern Oil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northern Oil's future performance. For an informed investment choice regarding Northern Stock, refer to the following important reports:
Check out the analysis of Northern Oil Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Oil. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Dividend Share
1.77
Earnings Share
1.82
Revenue Per Share
20.872
Quarterly Revenue Growth
(0.09)
The market value of Northern Oil Gas is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Oil's value that differs from its market value or its book value, called intrinsic value, which is Northern Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Oil's market value can be influenced by many factors that don't directly affect Northern Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.