Is Northern Oil Stock a Good Investment?
Northern Oil Investment Advice | NOG |
- Examine Northern Oil's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Northern Oil's leadership team and their track record. Good management can help Northern Oil navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Exploration & Production space and any emerging trends that could impact Northern Oil's business and its evolving consumer preferences.
- Compare Northern Oil's performance and market position to its competitors. Analyze how Northern Oil is positioned in terms of product offerings, innovation, and market share.
- Check if Northern Oil pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Northern Oil's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Northern Oil Gas stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Northern Oil Gas is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Northern Oil Stock
Researching Northern Oil's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 93.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.26. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Northern Oil Gas has Price/Earnings To Growth (PEG) ratio of 0.56. The entity recorded earning per share (EPS) of 5.14. The firm last dividend was issued on the 28th of March 2025. Northern Oil had 1:10 split on the 21st of September 2020.
To determine if Northern Oil is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Northern Oil's research are outlined below:
| Northern Oil Gas generated a negative expected return over the last 90 days | |
| Northern Oil Gas has 2.37 B in debt with debt to equity (D/E) ratio of 7.22, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Northern Oil Gas has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Northern to invest in growth at high rates of return. | |
| Northern Oil Gas has a poor financial position based on the latest SEC disclosures | |
| Over 93.0% of Northern Oil shares are owned by institutional investors | |
| On 31st of January 2025 Northern Oil paid $ 0.42 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Insider Stock Buying Reaches US1.74m On Northern Oil and Gas |
Northern Oil uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Northern Oil Gas. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Northern Oil's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Northern Oil's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Northern Oil's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-05-07 | 2021-03-31 | 0.56 | 0.62 | 0.06 | 10 | ||
2020-05-11 | 2020-03-31 | 0.34 | 0.4 | 0.06 | 17 | ||
2017-08-08 | 2017-06-30 | -0.14 | -0.0586 | 0.0814 | 58 | ||
2018-08-09 | 2018-06-30 | 0.81 | 0.9 | 0.09 | 11 | ||
2009-07-30 | 2009-06-30 | 0.2 | 0.1 | -0.1 | 50 | ||
2009-03-02 | 2008-12-31 | 0.3 | 0.4 | 0.1 | 33 | ||
2008-08-06 | 2008-06-30 | 0.2 | 0.1 | -0.1 | 50 | ||
2020-08-07 | 2020-06-30 | 0.31 | 0.2 | -0.11 | 35 |
Northern Oil Target Price Consensus
Northern target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Northern Oil's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 12 | Strong Buy |
Most Northern analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Northern stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Northern Oil Gas, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationNorthern Oil Target Price Projection
Northern Oil's current and average target prices are 29.93 and 49.38, respectively. The current price of Northern Oil is the price at which Northern Oil Gas is currently trading. On the other hand, Northern Oil's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Northern Oil Market Quote on 18th of March 2025
Target Price
Analyst Consensus On Northern Oil Target Price
Northern Oil Analyst Ratings
Northern Oil's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Northern Oil stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Northern Oil's financials, market performance, and future outlook by experienced professionals. Northern Oil's historical ratings below, therefore, can serve as a valuable tool for investors.Know Northern Oil's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Northern Oil is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northern Oil Gas backward and forwards among themselves. Northern Oil's institutional investor refers to the entity that pools money to purchase Northern Oil's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | |||
| Morgan Stanley - Brokerage Accounts | 2024-12-31 | 1.9 M | |
| Channing Capital Management, Llc | 2024-12-31 | 1.8 M | |
| Goldman Sachs Group Inc | 2024-12-31 | 1.7 M | |
| Westfield Capital Management Company, L.p. | 2024-12-31 | 1.6 M | |
| Allspring Global Investments Holdings, Llc | 2024-12-31 | 1.4 M | |
| Hood River Capital Management Llc | 2024-12-31 | 1.4 M | |
| Northern Trust Corp | 2024-12-31 | 1.2 M | |
| Nuveen Asset Management, Llc | 2024-12-31 | 1.2 M | |
| Bank Of New York Mellon Corp | 2024-12-31 | 1.1 M | |
| Blackrock Inc | 2024-12-31 | 15.4 M | |
| Vanguard Group Inc | 2024-12-31 | 11.3 M |
Northern Oil's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.91 B.Market Cap |
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Northern Oil's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.09 | 0.10 | |
| Return On Capital Employed | 0.17 | 0.17 | |
| Return On Assets | 0.09 | 0.10 | |
| Return On Equity | 0.22 | 0.45 |
Determining Northern Oil's profitability involves analyzing its financial statements and using various financial metrics to determine if Northern Oil is a good buy. For example, gross profit margin measures Northern Oil's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Northern Oil's profitability and make more informed investment decisions.
Evaluate Northern Oil's management efficiency
Northern Oil Gas has Return on Asset of 0.1044 % which means that on every $100 spent on assets, it made $0.1044 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2382 %, implying that it generated $0.2382 on every 100 dollars invested. Northern Oil's management efficiency ratios could be used to measure how well Northern Oil manages its routine affairs as well as how well it operates its assets and liabilities. The Northern Oil's current Return On Tangible Assets is estimated to increase to 0.1. The Northern Oil's current Return On Capital Employed is estimated to increase to 0.17. At this time, Northern Oil's Other Current Assets are most likely to increase significantly in the upcoming years. The Northern Oil's current Total Current Assets is estimated to increase to about 525.8 M, while Intangibles To Total Assets are projected to decrease to (0.01).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 23.24 | 19.21 | |
| Tangible Book Value Per Share | 23.24 | 19.35 | |
| Enterprise Value Over EBITDA | 3.84 | 4.04 | |
| Price Book Value Ratio | 1.60 | 1.68 | |
| Enterprise Value Multiple | 3.84 | 4.04 | |
| Price Fair Value | 1.60 | 1.68 | |
| Enterprise Value | 6.1 B | 6.4 B |
The management team at Northern Oil has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Basic technical analysis of Northern Stock
As of the 18th of March 2025, Northern Oil secures the Standard Deviation of 2.34, risk adjusted performance of (0.16), and Mean Deviation of 1.77. 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 standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Northern Oil Gas is priced some-what accurately, providing market reflects its recent price of 29.93 per share. Given that Northern Oil Gas has information ratio of (0.16), 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's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Northern Oil insiders, such as employees or executives, is commonly permitted as long as it does not rely on Northern Oil's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Northern Oil insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Adam Dirlam over two weeks ago Disposition of 2777 shares by Adam Dirlam of Northern Oil at 26.68 subject to Rule 16b-3 | ||
Stuart Lasher over three months ago Acquisition by Stuart Lasher of 2161 shares of Northern Oil subject to Rule 16b-3 | ||
Stuart Lasher over six months ago Acquisition by Stuart Lasher of 1095 shares of Northern Oil subject to Rule 16b-3 | ||
Adam Dirlam over six months ago Disposition of 102 shares by Adam Dirlam of Northern Oil at 37.44 subject to Rule 16b-3 |
Northern Oil's Outstanding Corporate Bonds
Northern Oil issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Northern Oil Gas uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Northern bonds can be classified according to their maturity, which is the date when Northern Oil Gas has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US665501AL66 Corp BondUS665501AL66 | View | |
| BRKHEC 34 16 OCT 51 Corp BondUS665501AM40 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| US665531AG42 Corp BondUS665531AG42 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Northern Oil's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Northern Oil's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.16) | |||
| Market Risk Adjusted Performance | (0.67) | |||
| Mean Deviation | 1.77 | |||
| Coefficient Of Variation | (516.74) | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.48 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.68) | |||
| Maximum Drawdown | 12.54 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 2.7 | |||
| Skewness | (1.21) | |||
| Kurtosis | 3.05 |
| Risk Adjusted Performance | (0.16) | |||
| Market Risk Adjusted Performance | (0.67) | |||
| Mean Deviation | 1.77 | |||
| Coefficient Of Variation | (516.74) | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.48 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.68) | |||
| Maximum Drawdown | 12.54 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 2.7 | |||
| Skewness | (1.21) | |||
| Kurtosis | 3.05 |
Consider Northern Oil's intraday indicators
Northern Oil intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Northern Oil stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 26182.33 | |||
| Daily Balance Of Power | 0.873 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 29.7 | |||
| Day Typical Price | 29.77 | |||
| Price Action Indicator | 0.51 | |||
| Period Momentum Indicator | 0.55 |
Northern Oil Corporate Filings
F4 | 11th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 20th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 19th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 5th of February 2025 Other Reports | ViewVerify |
Northern Stock media impact
Far too much social signal, news, headlines, and media speculation about Northern Oil that are available to investors today. That information is available publicly through Northern media outlets and privately through word of mouth or via Northern internal channels. However, regardless of the origin, that massive amount of Northern data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Northern Oil news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Northern Oil relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Northern Oil's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Northern Oil alpha.
Northern Oil Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Northern Oil can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Northern Oil Gas Historical Investor Sentiment
Investor biases related to Northern Oil's public news can be used to forecast risks associated with an investment in Northern. The trend in average sentiment can be used to explain how an investor holding Northern can time the market purely based on public headlines and social activities around Northern Oil Gas. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Northern Oil's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Northern Oil and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Northern Oil news discussions. The higher the estimate score, the more favorable the investor's outlook on Northern Oil.
Northern Oil Corporate Directors
| Robert Grabb | Independent Director | Profile | |
| Michael Frantz | Independent Director | Profile | |
| Lisa Bromiley | Lead Independent Director | Profile | |
| Michael Popejoy | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Oil Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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 (0.82) | Dividend Share 1.64 | Earnings Share 5.14 | Revenue Per Share | Quarterly Revenue Growth 0.013 |
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.
In summary, please note that there is a difference between Northern Oil's value and its price, as these two are different measures arrived at by various 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.