Northern Net Tangible Assets from 2010 to 2026

NOG Stock  USD 25.64  1.20  4.91%   
Northern Oil's Net Tangible Assets are increasing over the last several years with stable swings. Net Tangible Assets are estimated to finish at about 899.9 M this year. Net Tangible Assets is the total assets of Northern Oil Gas minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2014-12-31
Previous Quarter
745.3 M
Current Value
1.4 B
Quarterly Volatility
510 M
 
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 Tangible Assets 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 Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Northern Oil Gas over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Northern Oil's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Pretty Stable
   Net Tangible Assets   
       Timeline  

Northern Net Tangible Assets Regression Statistics

Arithmetic Mean450,088,666
Geometric Mean556,711,659
Coefficient Of Variation108.96
Mean Deviation406,435,803
Median745,260,000
Standard Deviation490,435,841
Sample Variance240527.3T
Range1.4B
R-Value0.10
Mean Square Error253859.1T
R-Squared0.01
Significance0.70
Slope9,969,421
Total Sum of Squares3848437T

Northern Net Tangible Assets History

2026899.9 M
2025857 M
2022745.3 M
2021215.1 M
2020-223.3 M
2019558.6 M
2018429.9 M

About Northern Oil Financial Statements

Northern Oil stakeholders use historical fundamental indicators, such as Northern Oil's Net Tangible Assets, 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 Tangible Assets857 M899.9 M

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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.