Northern Ebit from 2010 to 2024

NOG Stock  USD 43.46  0.33  0.77%   
Northern Oil's EBIT is increasing over the last several years with slightly volatile swings. EBIT is estimated to finish at about 1.2 B this year. During the period from 2010 to 2024 Northern Oil Gas EBIT regressed destribution of quarterly values had mean deviationof  353,243,606 and mean square error of 219711.6 T. View All Fundamentals
 
EBIT  
First Reported
1999-09-30
Previous Quarter
219 M
Current Value
434.1 M
Quarterly Volatility
87.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 142.4 M, Selling General Administrative of 49.1 M or Other Operating Expenses of 824.4 M, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0249 or PTB Ratio of 1.74. Northern financial statements analysis is a perfect complement when working with Northern Oil Valuation or Volatility modules.
  
Check out the analysis of Northern Oil Correlation against competitors.

Latest Northern Oil's Ebit Growth Pattern

Below is the plot of the Ebit of Northern Oil Gas over the last few years. It is Northern Oil's EBIT historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northern Oil's overall financial position and show how it may be relating to other accounts over time.
Ebit10 Years Trend
Slightly volatile
   Ebit   
       Timeline  

Northern Ebit Regression Statistics

Arithmetic Mean178,991,418
Coefficient Of Variation290.21
Mean Deviation353,243,606
Median65,614,000
Standard Deviation519,453,396
Sample Variance269831.8T
Range2B
R-Value0.49
Mean Square Error219711.6T
R-Squared0.24
Significance0.06
Slope57,364,598
Total Sum of Squares3777645.6T

Northern Ebit History

20241.2 B
20231.1 B
2022856.7 M
202165.6 M
2020-847.7 M
2019-19.3 M
2018128.7 M

Other Fundumenentals of Northern Oil Gas

About Northern Oil Financial Statements

Northern Oil stakeholders use historical fundamental indicators, such as Northern Oil's Ebit, 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
EBIT1.1 B1.2 B
EBITDA1.6 B1.7 B
Ebt Per Ebit 0.89  0.85 
Ebit Per Revenue 0.59  0.62 

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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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
9.571
Dividend Share
1.62
Earnings Share
8.48
Revenue Per Share
20.025
Quarterly Revenue Growth
0.062
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.