This module uses fundamental data of Northern Oil to approximate its Piotroski F score. Northern Oil F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Northern Oil Gas. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Northern Oil financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Northern Oil Altman Z Score, Northern Oil Correlation, Northern Oil Valuation, as well as analyze Northern Oil Alpha and Beta and Northern Oil Hype Analysis.
Northern
Piotroski F Score
Market Cap
Enterprise Value
Price To Sales Ratio
Ptb Ratio
Days Sales Outstanding
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Average Payables
Stock Based Compensation To Revenue
Capex To Depreciation
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Inventory Turnover
Net Income Per Share
Days Of Inventory On Hand
Payables Turnover
Sales General And Administrative To Revenue
Average Inventory
Capex To Revenue
Cash Per Share
Pocfratio
Interest Coverage
Capex To Operating Cash Flow
Pfcf Ratio
Days Payables Outstanding
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Receivables Turnover
Graham Number
Shareholders Equity Per Share
Debt To Equity
Capex Per Share
Graham Net Net
Average Receivables
Revenue Per Share
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Short Term Coverage Ratios
Price Earnings Ratio
Operating Cycle
Price Book Value Ratio
Price Earnings To Growth Ratio
Days Of Payables Outstanding
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Long Term Debt To Capitalization
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Dividend Paid And Capex Coverage Ratio
Net Income Per E B T
Cash Ratio
Cash Conversion Cycle
Operating Cash Flow Sales Ratio
Days Of Inventory Outstanding
Days Of Sales Outstanding
Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios
Price To Book Ratio
Fixed Asset Turnover
Capital Expenditure Coverage Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Cash Flow To Debt Ratio
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Gross Profit Margin
Price Fair Value
Return On Equity
Change In Working Capital
Capital Expenditures
Net Income
Other Non Cash Items
End Period Cash Flow
Sale Purchase Of Stock
Change In Cash
Stock Based Compensation
Free Cash Flow
Begin Period Cash Flow
Other Cashflows From Financing Activities
Depreciation
Total Cash From Operating Activities
Total Cash From Financing Activities
Change To Liabilities
Other Cashflows From Investing Activities
Dividends Paid
Change To Account Receivables
Net Borrowings
Total Cashflows From Investing Activities
Change To Operating Activities
Change To Netincome
Investments
Issuance Of Capital Stock
Short Long Term Debt Total
Total Current Liabilities
Total Stockholder Equity
Net Debt
Retained Earnings
Common Stock Total Equity
Common Stock Shares Outstanding
Non Current Liabilities Total
Other Stockholder Equity
Total Liab
Accumulated Other Comprehensive Income
Short Term Debt
Common Stock
Accounts Payable
Other Current Liab
Current Deferred Revenue
Total Assets
Property Plant And Equipment Net
Cash
Non Current Assets Total
Cash And Short Term Investments
Liabilities And Stockholders Equity
Other Current Assets
Property Plant And Equipment Gross
Total Current Assets
Property Plant Equipment
Non Currrent Assets Other
Other Assets
Net Receivables
Inventory
Other Liab
Long Term Debt
Short Term Investments
Net Tangible Assets
Long Term Debt Total
Capital Surpluse
Deferred Long Term Liab
Short Long Term Debt
Non Current Liabilities Other
Cash And Equivalents
Net Invested Capital
Net Working Capital
Capital Stock
Interest Expense
Selling General Administrative
Other Operating Expenses
Operating Income
Ebit
Ebitda
Total Operating Expenses
Income Before Tax
Depreciation And Amortization
Total Other Income Expense Net
Income Tax Expense
Total Revenue
Gross Profit
Cost Of Revenue
Net Income Applicable To Common Shares
Net Income From Continuing Ops
Tax Provision
Interest Income
Net Interest Income
Reconciled Depreciation
Probability Of Bankruptcy
At this time, Northern Oil's Long Term Debt is most likely to increase significantly in the upcoming years. The Northern Oil's current Net Debt To EBITDA is estimated to increase to 1.18, while Long Term Debt Total is projected to decrease to roughly 1.1 B. At this time, Northern Oil's PB Ratio is most likely to increase significantly in the upcoming years. The Northern Oil's current Inventory Turnover is estimated to increase to 24.58, while Book Value Per Share is projected to decrease to 18.94.
At this time, it appears that Northern Oil's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
The critical factor to consider when applying the Piotroski F Score to Northern Oil is to make sure Northern is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Northern Oil's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Northern Oil's financial numbers are properly reported.
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Northern Oil's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Northern Oil in a much-optimized way.
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.
Common Stock Shares Outstanding
96.66 Million
At this time, Northern Oil's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years.
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
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.
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:
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.