NOG

HoldSecond Wind

Northern Oil and Gas, Inc. · Energy · United States · $2.7B · Avg Vol: $57M/d

Second Wind: Cheap and rising again, but the business does not yet earn the optimism.

53
StockRank
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Quality
37
Value
54
Momentum
56
P/E (TTM)
peers 17.2x
ROE
-22.0%
peers 10.1%
D/E
1.4x
peers 0.5x
Dividend %
7.2%
trailing yield

ABOUT NORTHERN OIL AND GAS, INC.

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Northern Oil and Gas is an independent energy company focused on acquiring and managing non-operated minority working interests in oil and natural gas properties across prolific basins like the Williston and Permian. It operates a unique business model that allows participation in high-quality drilling programs without direct operational risk or capital-intensive development, reducing direct cost exposure. Northern Oil and Gas is a distinctive player in the energy sector, offering a pure-play approach to non-operated interests.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue2.0B1.9B2.2B2.1B1.8%2.0B1.7B2.0B-2.7%
EPS9.2610.095.210.40-64.9%-4.830.350.39-0.8%
Shares85.2M100.8M99.1M97.3M+14.2%106.5M
Debt1.5B1.8B2.4B2.4B16.2%2.7B
Equity745.3M2.0B2.3B2.1B41.8%
Op CF928.4M1.2B1.4B1.5B17.5%1.4B
Inv CF-1.4B-1.9B-1.7B-1.3B
Fin CF467.4M684.7M266.8M-247.5M
Loading 1Y...
PRICE (1Y)+16.0%
21.6023.0424.4725.9127.34Aug 7Aug 28Sep 18
SMA 50SMA 200

Close
$25.05
RSI (14)
44.1
52W High
$29.99
From 52W High
0.8%

SCORE BREAKDOWN

Quality
37
ROIC
-9.7%12.1
ROE
-22.0%10.6
GP/Assets
28.0%80.0
Op. Margin
57.1%93.1
FCF/Assets
-5.4%18.8
Piotroski
664.5
Int. Cover
-2.8x13.0
D/E Ratio
1.37x14.4
Current Ratio
0.80x17.3
Value
54
P/E (TTM)
N/A
EV/EBITDA
4.4x80.3
P/FCF
N/A
P/B
1.3x62.8
P/S
1.3x55.5
Div Yield
7.2%87.0
Momentum
56
52W High %
84%50.4
RS 6M
-25%22.0
SMA 50/200
1.01x39.4
EPS Rev 4W
+5.4%80.1
EPS Rev 12W
+7.8%79.6
EPS Improve
+193%82.7
Q Growth
138%70.6

FUNDAMENTALS

Market Cap
$2.7B
P/E (Forward)
5.6x
Gross Margin
75.4%

SECTOR PEERS

Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of NOG are excluded.

TickerCompanyMkt CapStockRankSignal
NOGNorthern Oil and Gas, Inc.(you)$2.7B53Hold
GPORGulfport Energy Corporation$3.1B65Hold
BKVBKV Corporation$2.7B39Hold
MNRMach Natural Resources LP$2.1B64Hold
CNXCNX Resources Corporation$5.4B57Hold
CRCCalifornia Resources Corporation$4.6B45Hold
BSMBlack Stone Minerals, L.P.$3.2B73Buy
KOS.LKosmos Energy Ltd.$1.5B40Hold
HPKHighPeak Energy, Inc.$1.0B61Hold
TALOTalos Energy Inc.$2.8B82Strong Buy

Peer medians: ROE 10.1% · P/E 17.2x · Gross margin 43.5%

Company Deep Dive

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Northern Oil and Gas, Inc. (NOG): Stock Score Summary

Northern Oil and Gas, Inc. (NOG) has a MoatMap StockRank of 53/100 based on Quality (37/100), Value (54/100), and Momentum (56/100) factor scores. The current signal is HOLD.

Northern Oil and Gas is an independent energy company focused on acquiring and managing non-operated minority working interests in oil and natural gas properties across prolific basins like the Williston and Permian. It operates a unique business model that allows participation in high-quality drilling programs without direct operational risk or capital-intensive development, reducing direct cost exposure. Northern Oil and Gas is a distinctive player in the energy sector, offering a pure-play approach to non-operated interests.

Key Financial Metrics

Price$25.05
Market Cap$2.7B
P/E (Forward)5.57
Price/Book1.33
Return on Equity-22.0%
Return on Invested Capital-9.7%
Debt/Equity1.37x
Gross Margin75.4%
Operating Margin57.1%
Revenue Growth16.0%
Dividend Yield7.2%
Free Cash Flow$-294M

Northern Oil and Gas, Inc. operates in the Oil & Gas E&P industry, part of the Energy sector (United States).

Frequently Asked Questions

What is Northern Oil and Gas, Inc.’s (NOG) StockRank?
MoatMap’s StockRank for Northern Oil and Gas, Inc. (NOG) is 53/100, with a Hold signal. It is a composite of Quality (37), Value (54), and Momentum (56) factor ranks across MoatMap’s universe of 25,000+ stocks.
Does Northern Oil and Gas, Inc. have an economic moat?
Northern Oil and Gas, Inc. (NOG) has a Quality factor score of 37/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Northern Oil and Gas, Inc. a buy, hold, or sell?
MoatMap’s current signal for Northern Oil and Gas, Inc. (NOG) is Hold, based on a StockRank of 53/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Northern Oil and Gas, Inc. in?
Northern Oil and Gas, Inc. (NOG) operates in the Energy sector, specifically the Oil & Gas E&P industry (United States).