Northern Net Income from 2010 to 2026

NOG Stock  USD 25.00  0.18  0.73%   
Northern Oil's Net Income is increasing over the last several years with slightly volatile swings. Net Income is estimated to finish at about 628.3 M this year. During the period from 2010 to 2026 Northern Oil Gas Net Income regressed destribution of quarterly values had coefficient of variationof  525.91 and r-value of  0.48. View All Fundamentals
 
Net Income  
First Reported
1999-09-30
Previous Quarter
99.6 M
Current Value
-129.1 M
Quarterly Volatility
151.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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.
The Net Income trend for Northern Oil Gas offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Northern Oil is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Northern Oil's Net Income Growth Pattern

Below is the plot of the Net Income of Northern Oil Gas over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Northern Oil Gas financial statement analysis. It represents the amount of money remaining after all of Northern Oil Gas operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Northern Oil's Net Income 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.
ViewLast Reported 520.31 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Northern Net Income Regression Statistics

Arithmetic Mean97,793,661
Geometric Mean92,956,870
Coefficient Of Variation525.91
Mean Deviation360,708,175
Median53,067,000
Standard Deviation514,303,253
Sample Variance264507.8T
Range1.9B
R-Value0.48
Mean Square Error216396.3T
R-Squared0.23
Significance0.05
Slope49,164,114
Total Sum of Squares4232125.4T

Northern Net Income History

2026628.3 M
2025598.4 M
2024520.3 M
2023923 M
2022773.2 M
20216.4 M
2020-906 M

Other Fundumenentals of Northern Oil Gas

Northern Oil Net Income component correlations

About Northern Oil Financial Statements

Northern Oil stakeholders use historical fundamental indicators, such as Northern Oil's 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
Net Income598.4 M628.3 M
Net Income Applicable To Common Shares598.4 M628.3 M
Net Income From Continuing Ops598.4 M628.3 M
Net Income Per Share 5.99  6.29 
Net Income Per E B T 0.69  0.68 

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.
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Can Oil & Gas Exploration & Production industry sustain growth momentum? Does Northern have expansion opportunities? Factors like these will boost the valuation of Northern Oil. Anticipated expansion of Northern directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Northern Oil demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.27)
Dividend Share
1.77
Earnings Share
1.82
Revenue Per Share
20.872
Quarterly Revenue Growth
(0.09)
Investors evaluate Northern Oil Gas using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Northern Oil's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Northern Oil's market price to deviate significantly from intrinsic value.
It's important to distinguish between Northern Oil's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Northern Oil should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Northern Oil's market price signifies the transaction level at which participants voluntarily complete trades.