Northern Oil Price To Earning vs. Net Income
| NOG Stock | USD 26.97 0.33 1.21% |
For Northern Oil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northern Oil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northern Oil Gas utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northern Oil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northern Oil Gas over time as well as its relative position and ranking within its peers.
Northern Oil's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Northern Oil Revenue Breakdown by Earning Segment
By analyzing Northern Oil's earnings estimates, investors can diagnose different trends across Northern Oil's analyst sentiment over time as well as compare current estimates against different timeframes.
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 | 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 Gas Net Income vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Northern Oil's current stock value. Our valuation model uses many indicators to compare Northern Oil value to that of its competitors to determine the firm's financial worth. Northern Oil Gas is rated below average in price to earning category among its peers. It is regarded fourth in net income category among its peers making up about 57,619,934 of Net Income per Price To Earning. At this time, Northern Oil's Net Income is most likely to increase significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Northern Oil by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Northern Net Income vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Northern Oil |
| = | 9.03 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Northern Oil |
| = | 520.31 M |
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.
Northern Net Income Comparison
Northern Oil is currently under evaluation in net income category among its peers.
Northern Oil Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Northern Oil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northern Oil will eventually generate negative long term returns. The profitability progress is the general direction of Northern Oil's change in net profit over the period of time. It can combine multiple indicators of Northern Oil, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | 963.5 M | 1 B | |
| Income Before Tax | 782.9 M | 822.1 M | |
| Net Income | 598.4 M | 628.3 M | |
| Total Other Income Expense Net | -141.3 M | -134.2 M | |
| Income Tax Expense | 184.6 M | 193.8 M | |
| Net Income Applicable To Common Shares | 598.4 M | 628.3 M | |
| Net Income From Continuing Ops | 598.4 M | 628.3 M | |
| Interest Income | 181.1 M | 93.6 M | |
| Net Interest Income | -141.9 M | -134.8 M | |
| Change To Netincome | -27 M | -25.6 M | |
| Net Income Per Share | 5.99 | 6.29 | |
| Income Quality | 1.15 | 1.10 | |
| Net Income Per E B T | 0.69 | 0.68 |
Northern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Northern Oil. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Northern Oil position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Northern Oil's important profitability drivers and their relationship over time.
Northern Oil Earnings Estimation Breakdown
The calculation of Northern Oil's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Northern Oil is estimated to be 0.6311 with the future projection ranging from a low of 0.4475 to a high of 0.81. Please be aware that this consensus of annual earnings estimates for Northern Oil Gas is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.45 Lowest | Expected EPS | 0.81 Highest |
Northern Oil Earnings Projection Consensus
Suppose the current estimates of Northern Oil's value are higher than the current market price of the Northern Oil stock. In this case, investors may conclude that Northern Oil is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Northern Oil's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2026 | Current EPS (TTM) | |
| 11 | 85.65% | 0.0 | 0.6311 | 1.82 |
Northern Oil Earnings per Share Projection vs Actual
Actual Earning per Share of Northern Oil refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Northern Oil Gas predict the company's earnings will be in the future. The higher the earnings per share of Northern Oil, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Northern Oil Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Northern Oil, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Northern Oil should always be considered in relation to other companies to make a more educated investment decision.Northern Quarterly Analyst Estimates and Surprise Metrics
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.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
null | null | null | null | null | 0 | ||
null | null | null | null | null | 0 | ||
2025-11-06 | 2025-09-30 | 0.92 | 1.03 | 0.11 | 11 | ||
2025-07-31 | 2025-06-30 | 0.95 | 1.37 | 0.42 | 44 | ||
2025-04-28 | 2025-03-31 | 1.24 | 1.33 | 0.09 | 7 | ||
2025-02-20 | 2024-12-31 | 1.0811 | 1.11 | 0.0289 | 2 | ||
2024-11-05 | 2024-09-30 | 1.2 | 1.4 | 0.2 | 16 | ||
2024-07-30 | 2024-06-30 | 1.22 | 1.46 | 0.24 | 19 | ||
2024-04-30 | 2024-03-31 | 1.18 | 1.28 | 0.1 | 8 | ||
2024-02-22 | 2023-12-31 | 1.65 | 1.61 | -0.04 | 2 | ||
2023-11-01 | 2023-09-30 | 1.78 | 1.73 | -0.05 | 2 | ||
2023-08-02 | 2023-06-30 | 1.35 | 1.49 | 0.14 | 10 | ||
2023-05-04 | 2023-03-31 | 1.69 | 1.76 | 0.07 | 4 | ||
2023-02-23 | 2022-12-31 | 1.65 | 1.43 | -0.22 | 13 | ||
2022-11-08 | 2022-09-30 | 1.71 | 1.8 | 0.09 | 5 | ||
2022-08-03 | 2022-06-30 | 1.7 | 1.72 | 0.02 | 1 | ||
2022-05-05 | 2022-03-31 | 1.27 | 1.58 | 0.31 | 24 | ||
2022-02-23 | 2021-12-31 | 1.1 | 1.06 | -0.04 | 3 | ||
2021-11-05 | 2021-09-30 | 0.89 | 0.84 | -0.05 | 5 | ||
2021-08-05 | 2021-06-30 | 0.71 | 0.92 | 0.21 | 29 | ||
2021-05-07 | 2021-03-31 | 0.56 | 0.62 | 0.06 | 10 | ||
2021-03-12 | 2020-12-31 | 0.66 | 0.64 | -0.02 | 3 | ||
2020-11-06 | 2020-09-30 | 0.38 | 0.51 | 0.13 | 34 | ||
2020-08-07 | 2020-06-30 | 0.31 | 0.2 | -0.11 | 35 | ||
2020-05-11 | 2020-03-31 | 0.34 | 0.4 | 0.06 | 17 | ||
2020-03-12 | 2019-12-31 | 0.73 | 0.5 | -0.23 | 31 | ||
2019-11-12 | 2019-09-30 | 1.11 | 0.9 | -0.21 | 18 | ||
2019-08-01 | 2019-06-30 | 1.11 | 1.2 | 0.09 | 8 | ||
2019-05-09 | 2019-03-31 | 1.24 | 0.7 | -0.54 | 43 | ||
2019-03-12 | 2018-12-31 | 1.4 | 2.5 | 1.1 | 78 | ||
2018-11-08 | 2018-09-30 | 1.18 | 1.1 | -0.08 | 6 | ||
2018-08-09 | 2018-06-30 | 0.81 | 0.9 | 0.09 | 11 | ||
2018-05-07 | 2018-03-31 | 1.15 | 1.7 | 0.55 | 47 | ||
2018-02-22 | 2017-12-31 | 0.93 | 1.0 | 0.07 | 7 | ||
2017-11-08 | 2017-09-30 | 0.01 | 0.4 | 0.39 | 3900 | ||
2017-08-08 | 2017-06-30 | -0.14 | -0.0586 | 0.0814 | 58 | ||
2017-05-08 | 2017-03-31 | -0.16 | 2.7336 | 2.8936 | 1808 | ||
2017-03-01 | 2016-12-31 | 0.1 | 0.4 | 0.3 | 300 | ||
2016-11-08 | 2016-09-30 | -0.02 | 0.4 | 0.42 | 2100 | ||
2016-08-04 | 2016-06-30 | 0.56 | 1.0 | 0.44 | 78 | ||
2016-05-09 | 2016-03-31 | -0.2 | 0.1 | 0.3 | 150 | ||
2016-03-02 | 2015-12-31 | 2.26 | 2.5 | 0.24 | 10 | ||
2015-11-04 | 2015-09-30 | 1.67 | 2.4 | 0.73 | 43 | ||
2015-08-05 | 2015-06-30 | 1.08 | 1.9 | 0.82 | 75 | ||
2015-05-07 | 2015-03-31 | 1.3 | 1.0 | -0.3 | 23 | ||
2015-02-26 | 2014-12-31 | 1.87 | 2.1 | 0.23 | 12 | ||
2014-11-06 | 2014-09-30 | 2.6 | 2.6 | 0.0 | 0 | ||
2014-08-07 | 2014-06-30 | 2.26 | 2.9 | 0.64 | 28 | ||
2014-05-08 | 2014-03-31 | 2.38 | 1.9 | -0.48 | 20 | ||
2014-02-27 | 2013-12-31 | 2.74 | 2.2 | -0.54 | 19 | ||
2013-11-07 | 2013-09-30 | 3.2 | 3.2 | 0.0 | 0 | ||
2013-08-08 | 2013-06-30 | 2.7 | 2.3 | -0.4 | 14 | ||
2013-05-06 | 2013-03-31 | 2.74 | 2.9 | 0.16 | 5 | ||
2013-02-28 | 2012-12-31 | 2.72 | 3.4 | 0.68 | 25 | ||
2012-11-08 | 2012-09-30 | 2.62 | 2.7 | 0.08 | 3 | ||
2012-08-09 | 2012-06-30 | 2.38 | 2.2 | -0.18 | 7 | ||
2012-05-07 | 2012-03-31 | 2.39 | 2.3 | -0.09 | 3 | ||
2012-02-29 | 2011-12-31 | 2.5 | 2.1 | -0.4 | 16 | ||
2011-11-09 | 2011-09-30 | 2.15 | 1.9 | -0.25 | 11 | ||
2011-08-09 | 2011-06-30 | 1.87 | 1.2 | -0.67 | 35 | ||
2011-05-10 | 2011-03-31 | 1.79 | 0.9 | -0.89 | 49 | ||
2011-03-02 | 2010-12-31 | 1.45 | 1.3 | -0.15 | 10 | ||
2010-11-08 | 2010-09-30 | 1.06 | 1.0 | -0.06 | 5 | ||
2010-08-09 | 2010-06-30 | 0.7 | 0.7 | 0.0 | 0 | ||
2010-05-06 | 2010-03-31 | 0.43 | 0.4 | -0.03 | 6 | ||
2010-03-08 | 2009-12-31 | 0.73 | 0.3 | -0.43 | 58 | ||
2009-10-26 | 2009-09-30 | 0.53 | 0.4 | -0.13 | 24 | ||
2009-07-30 | 2009-06-30 | 0.2 | 0.1 | -0.1 | 50 | ||
2009-05-11 | 2009-03-31 | -0.1 | -0.1 | 0.0 | 0 | ||
2009-03-02 | 2008-12-31 | 0.3 | 0.4 | 0.1 | 33 | ||
2008-11-04 | 2008-09-30 | 0.1 | 0.3 | 0.2 | 200 | ||
2008-08-06 | 2008-06-30 | 0.2 | 0.1 | -0.1 | 50 | ||
2008-03-31 | 2007-12-31 | -0.5 | -1.2 | -0.7 | 140 |
Use Northern Oil in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Northern Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Northern Oil will appreciate offsetting losses from the drop in the long position's value.Northern Oil Pair Trading
Northern Oil Gas Pair Trading Analysis
The ability to find closely correlated positions to Northern Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northern Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northern Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northern Oil Gas to buy it.
The correlation of Northern Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northern Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Oil Gas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northern Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Northern Oil position
In addition to having Northern Oil in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 57 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Most Shorted Equities Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
To fully project Northern Oil's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Northern Oil Gas at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Northern Oil's income statement, its balance sheet, and the statement of cash flows.