Northern Oil Gas Net Income
| NOG Stock | USD 25.31 0.81 3.31% |
As of the 4th of February, Northern Oil secures the Risk Adjusted Performance of 0.097, mean deviation of 2.12, and Downside Deviation of 2.61. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Oil Gas, as well as the relationship between them. Please verify Northern Oil Gas information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Northern Oil Gas is priced some-what accurately, providing market reflects its recent price of 25.31 per share. Given that Northern Oil Gas has jensen alpha of 0.308, we recommend you to check Northern Oil's last-minute market performance to make sure the company can sustain itself at a future point.
Northern Oil Total Revenue |
|
Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 2.1453 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 598.4 M | 628.3 M | |
| Net Income Applicable To Common Shares | 598.4 M | 628.3 M | |
| Net Income From Continuing Ops | 598.4 M | 628.3 M | |
| Net Income Per Share | 5.99 | 6.29 | |
| Net Income Per E B T | 0.69 | 0.68 |
Northern | Net Income | Build AI portfolio with Northern Stock |
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.
| View | Last Reported 520.31 M | 10 Years Trend |
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Net Income |
| Timeline |
Northern Net Income Regression Statistics
| Arithmetic Mean | 97,793,661 | |
| Geometric Mean | 92,956,870 | |
| Coefficient Of Variation | 525.91 | |
| Mean Deviation | 360,708,175 | |
| Median | 53,067,000 | |
| Standard Deviation | 514,303,253 | |
| Sample Variance | 264507.8T | |
| Range | 1.9B | |
| R-Value | 0.48 | |
| Mean Square Error | 216396.3T | |
| R-Squared | 0.23 | |
| Significance | 0.05 | |
| Slope | 49,164,114 | |
| Total Sum of Squares | 4232125.4T |
Northern Net Income History
Other Fundumenentals of Northern Oil Gas
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Northern Oil Net Income component correlations
Northern Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Northern Oil is extremely important. It helps to project a fair market value of Northern Stock properly, considering its historical fundamentals such as Net Income. Since Northern Oil's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Northern Oil's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Northern Oil's interrelated accounts and indicators.
Click cells to compare fundamentals
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 1.88 | Revenue Per Share | 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.
Northern Oil 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Northern Oil's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Northern Oil.
| 11/06/2025 |
| 02/04/2026 |
If you would invest 0.00 in Northern Oil on November 6, 2025 and sell it all today you would earn a total of 0.00 from holding Northern Oil Gas or generate 0.0% return on investment in Northern Oil over 90 days. Northern Oil is related to or competes with SM Energy, Crescent Energy, Civitas Resources, Torm PLC, Teekay Tankers, BKV, and Cosan SA. Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, develo... More
Northern Oil Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Northern Oil's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Northern Oil Gas upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.61 | |||
| Information Ratio | 0.0979 | |||
| Maximum Drawdown | 10.76 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 5.26 |
Northern Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Oil's standard deviation. In reality, there are many statistical measures that can use Northern Oil historical prices to predict the future Northern Oil's volatility.| Risk Adjusted Performance | 0.097 | |||
| Jensen Alpha | 0.308 | |||
| Total Risk Alpha | 0.1181 | |||
| Sortino Ratio | 0.1004 | |||
| Treynor Ratio | 2.06 |
Northern Oil February 4, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.097 | |||
| Market Risk Adjusted Performance | 2.07 | |||
| Mean Deviation | 2.12 | |||
| Semi Deviation | 2.37 | |||
| Downside Deviation | 2.61 | |||
| Coefficient Of Variation | 819.59 | |||
| Standard Deviation | 2.67 | |||
| Variance | 7.15 | |||
| Information Ratio | 0.0979 | |||
| Jensen Alpha | 0.308 | |||
| Total Risk Alpha | 0.1181 | |||
| Sortino Ratio | 0.1004 | |||
| Treynor Ratio | 2.06 | |||
| Maximum Drawdown | 10.76 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 5.26 | |||
| Downside Variance | 6.81 | |||
| Semi Variance | 5.62 | |||
| Expected Short fall | (2.26) | |||
| Skewness | 0.0484 | |||
| Kurtosis | (0.30) |
Northern Oil Gas Backtested Returns
Northern Oil appears to be very steady, given 3 months investment horizon. Northern Oil Gas has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Northern Oil, which you can use to evaluate the volatility of the firm. Please exercise Northern Oil's Mean Deviation of 2.12, risk adjusted performance of 0.097, and Downside Deviation of 2.61 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Northern Oil holds a performance score of 12. The company secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Northern Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern Oil is expected to be smaller as well. Please check Northern Oil's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Northern Oil's current price movements will revert.
Auto-correlation | 0.43 |
Average predictability
Northern Oil Gas has average predictability. Overlapping area represents the amount of predictability between Northern Oil time series from 6th of November 2025 to 21st of December 2025 and 21st of December 2025 to 4th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Northern Oil Gas price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Northern Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 1.86 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Northern Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Northern Oil Gas reported net income of 520.31 M. This is 77.1% lower than that of the Oil, Gas & Consumable Fuels sector and 51.19% higher than that of the Energy industry. The net income for all United States stocks is 8.87% higher than that of the company.
Northern Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northern Oil's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northern Oil could also be used in its relative valuation, which is a method of valuing Northern Oil by comparing valuation metrics of similar companies.Northern Oil is currently under evaluation in net income category among its peers.
Northern Oil ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Northern Oil's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Northern Oil's managers, analysts, and investors.Environmental | Governance | Social |
Northern Oil Institutional Holders
Institutional Holdings refers to the ownership stake in Northern Oil that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Northern Oil's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Northern Oil's value.| Shares | Morgan Stanley - Brokerage Accounts | 2025-06-30 | 1.9 M | Copeland Capital Management, Llc | 2025-06-30 | 1.9 M | Westfield Capital Management Company, L.p. | 2025-06-30 | 1.7 M | Ubs Group Ag | 2025-06-30 | 1.7 M | Channing Capital Management, Llc | 2025-06-30 | 1.5 M | Nuveen, Llc | 2025-06-30 | 1.3 M | Charles Schwab Investment Management Inc | 2025-06-30 | 1.2 M | Hood River Capital Management Llc | 2025-06-30 | 1.2 M | Macquarie Group Ltd | 2025-06-30 | 1.2 M | Blackrock Inc | 2025-06-30 | 14.2 M | Vanguard Group Inc | 2025-06-30 | 10.9 M |
Northern Fundamentals
| Return On Equity | 0.0795 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 4.65 B | ||||
| Shares Outstanding | 97.6 M | ||||
| Shares Owned By Insiders | 2.99 % | ||||
| Shares Owned By Institutions | 97.01 % | ||||
| Number Of Shares Shorted | 19.49 M | ||||
| Price To Earning | 9.03 X | ||||
| Price To Book | 1.07 X | ||||
| Price To Sales | 1.20 X | ||||
| Revenue | 2.16 B | ||||
| Gross Profit | 1.58 B | ||||
| EBITDA | 1.58 B | ||||
| Net Income | 520.31 M | ||||
| Cash And Equivalents | 8.93 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 2.37 B | ||||
| Debt To Equity | 7.22 % | ||||
| Current Ratio | 0.60 X | ||||
| Book Value Per Share | 23.11 X | ||||
| Cash Flow From Operations | 1.41 B | ||||
| Short Ratio | 8.67 X | ||||
| Earnings Per Share | 1.88 X | ||||
| Price To Earnings To Growth | 0.56 X | ||||
| Target Price | 29.9 | ||||
| Number Of Employees | 49 | ||||
| Beta | 0.99 | ||||
| Market Capitalization | 2.47 B | ||||
| Total Asset | 5.6 B | ||||
| Retained Earnings | 442.52 M | ||||
| Working Capital | (43.53 M) | ||||
| Current Asset | 850.93 K | ||||
| Current Liabilities | 1.14 M | ||||
| Annual Yield | 0.07 % | ||||
| Net Asset | 5.6 B | ||||
| Last Dividend Paid | 1.77 |
About Northern Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northern Oil Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Oil Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 1.88 | Revenue Per Share | 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.