Northern Oil Gas Stock Performance
| NOG Stock | USD 43.20 0.86 2.03% |
Northern Oil has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.72, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Northern Oil will likely underperform. Northern Oil Gas right now secures a risk of 2.46%. Please verify Northern Oil Gas expected short fall, and the relationship between the value at risk and daily balance of power , to decide if Northern Oil Gas will be following its current price movements.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Northern Oil Gas are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly unfluctuating basic indicators, Northern Oil may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Actual Historical Performance (%)
One Day Return (0.30) | Five Day Return 5.54 | Year To Date Return 16.91 | Ten Year Return (62.42) | All Time Return 42.15 |
Forward Dividend Yield 0.0389 | Payout Ratio 0.2817 | Last Split Factor 1:10 | Forward Dividend Rate 1.68 | Dividend Date 2024-10-31 |
1 | Morgan Stanley Cuts Northern Oil and Gas Price Target to .00 | 09/16/2024 |
2 | Acquisition by Stuart Lasher of 2161 shares of Northern Oil subject to Rule 16b-3 | 09/27/2024 |
3 | West Coast Industrial REIT Buy | 10/10/2024 |
| Northern Oil dividend paid on 31st of October 2024 | 10/31/2024 |
4 | Northern Oil and Gas Q3 Earnings Beat Estimates | 11/05/2024 |
5 | We Think Northern Oil and Gas Is Taking Some Risk With Its Debt | 11/06/2024 |
6 | Northern Oil Gas Inc Q3 2024 Earnings Call Highlights Record Production and ... | 11/07/2024 |
7 | Zacks Industry Outlook Highlights Civitas Resources, Northern Oil and Gas, California Resources and Amplify Energy | 11/08/2024 |
8 | Northern Oil Gas Call Write Drills Into Fat Premuim | 11/12/2024 |
9 | Northern Oil and Gas cut at RBC, seeing fewer near-term MA opportunities | 11/20/2024 |
| Begin Period Cash Flow | 2.5 M |
Northern |
Northern Oil Relative Risk vs. Return Landscape
If you would invest 3,938 in Northern Oil Gas on August 27, 2024 and sell it today you would earn a total of 382.00 from holding Northern Oil Gas or generate 9.7% return on investment over 90 days. Northern Oil Gas is generating 0.174% of daily returns assuming volatility of 2.4645% on return distribution over 90 days investment horizon. In other words, 21% of stocks are less volatile than Northern, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Northern Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Oil's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Northern Oil Gas, and traders can use it to determine the average amount a Northern Oil's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0706
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Estimated Market Risk
| 2.46 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Northern Oil is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern Oil by adding it to a well-diversified portfolio.
Northern Oil Fundamentals Growth
Northern Stock prices reflect investors' perceptions of the future prospects and financial health of Northern Oil, and Northern Oil fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Northern Stock performance.
| Return On Equity | 0.45 | ||||
| Return On Asset | 0.16 | ||||
| Profit Margin | 0.42 % | ||||
| Operating Margin | 0.87 % | ||||
| Current Valuation | 6.23 B | ||||
| Shares Outstanding | 99.83 M | ||||
| Price To Earning | 9.03 X | ||||
| Price To Book | 1.86 X | ||||
| Price To Sales | 2.16 X | ||||
| Revenue | 1.91 B | ||||
| Gross Profit | 1.57 B | ||||
| EBITDA | 1.62 B | ||||
| Net Income | 922.97 M | ||||
| Cash And Equivalents | 2.53 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 1.84 B | ||||
| Debt To Equity | 7.22 % | ||||
| Current Ratio | 0.60 X | ||||
| Book Value Per Share | 23.30 X | ||||
| Cash Flow From Operations | 1.18 B | ||||
| Earnings Per Share | 8.48 X | ||||
| Market Capitalization | 4.31 B | ||||
| Total Asset | 4.48 B | ||||
| Retained Earnings | (77.79 M) | ||||
| Working Capital | 123.65 M | ||||
| Current Asset | 850.93 K | ||||
| Current Liabilities | 1.14 M | ||||
About Northern Oil Performance
By analyzing Northern Oil's fundamental ratios, stakeholders can gain valuable insights into Northern Oil's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Northern Oil has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Northern Oil has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 27.73 | 26.34 | |
| Return On Tangible Assets | 0.21 | 0.22 | |
| Return On Capital Employed | 0.27 | 0.29 | |
| Return On Assets | 0.21 | 0.22 | |
| Return On Equity | 0.45 | 0.46 |
Things to note about Northern Oil Gas performance evaluation
Checking the ongoing alerts about Northern Oil for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Northern Oil Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Northern Oil Gas has 1.84 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. | |
| Over 93.0% of Northern Oil shares are owned by institutional investors | |
| On 31st of October 2024 Northern Oil paid $ 0.42 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Northern Oil and Gas cut at RBC, seeing fewer near-term MA opportunities |
- Analyzing Northern Oil's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Northern Oil's stock is overvalued or undervalued compared to its peers.
- Examining Northern Oil's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Northern Oil's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Oil's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Northern Oil's stock. These opinions can provide insight into Northern Oil's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Northern Stock analysis
When running Northern Oil's price analysis, check to measure Northern Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Oil is operating at the current time. Most of Northern Oil's value examination focuses on studying past and present price action to predict the probability of Northern Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Oil's price. Additionally, you may evaluate how the addition of Northern Oil to your portfolios can decrease your overall portfolio volatility.
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