Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

NOG

HOLD

Northern Oil and Gas, Inc. · Energy · United States · $2.3B · Avg Vol: $75M/d

50
StockRank
Get insider-trade alerts
Q
40
V
65
M
38
P/E (TTM)
ROE
-29.8%
D/E
1.4x
Dividend %
8.5%

COMPANY DESCRIPTION

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%1.9B1.6B2.0B-2.2%
EPS9.2610.095.210.40-64.9%-6.330.340.37-3.4%
Shares85.2M100.8M99.1M97.3M+14.2%108.8M
Debt1.5B1.8B2.4B2.4B16.2%2.6B
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)-2.5%
17.3718.5419.7120.8822.05Jun 12Jul 7Jul 27
SMA 50SMA 200
Close
$20.27
RSI (14)
62.0
52W High
$29.99
From 52W High
0.7%

SCORE BREAKDOWN

Quality
40
ROIC
4.8%39.3
ROE
-29.8%9.3
GP/Assets
26.5%80.3
Op. Margin
-73.6%7.6
FCF/Assets
4.7%60.6
Piotroski
662.0
Int. Cover
1.4x25.6
D/E Ratio
1.43x14.2
Current Ratio
0.53x7.5
Value
65
P/E (TTM)
N/A
EV/EBITDA
3.3x87.9
P/FCF
9.1x68.1
P/B
1.3x63.9
P/S
1.2x61.0
Div Yield
8.5%89.0
Momentum
38
52W High %
68%28.7
RS 6M
-18%20.0
SMA 50/200
0.90x14.9
EPS Rev 4W
-0.0%65.9
EPS Rev 12W
+2.7%65.2
EPS Improve
+166%74.9
Q Growth
N/A

FUNDAMENTALS

Market Cap
$2.3B
P/E (Forward)
5.1x
Gross Margin
74.6%

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)$2.3B50HOLD
BKVBKV Corporation$2.8B40HOLD
MURMurphy Oil Corporation$5.6B50HOLD
HPKHighPeak Energy, Inc.$967M49HOLD
KOSKosmos Energy Ltd.$1.6B39HOLD
CRGYCrescent Energy Company$3.7B60HOLD
GPORGulfport Energy Corporation$2.8B66BUY
TALOTalos Energy Inc.$2.5B72BUY
MNRMach Natural Resources LP$2.1B73BUY
KRPKimbell Royalty Partners, LP$1.6B74BUY

Peer medians: ROE 9.9% · P/E 19.3x · Gross margin 41.8%

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

Northern Oil and Gas, Inc. (NOG) has a MoatMap StockRank of 50/100 based on Quality (40/100), Value (65/100), and Momentum (38/100) 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$20.27
Market Cap$2.3B
P/E (Forward)5.09
Price/Book1.25
Return on Equity-29.8%
Return on Invested Capital4.8%
Debt/Equity1.43x
Gross Margin74.6%
Operating Margin-73.6%
Revenue Growth-7.1%
Dividend Yield8.5%
Free Cash Flow$253M

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 50/100, with a Hold signal. It is a composite of Quality (40), Value (65), and Momentum (38) factor ranks across MoatMap’s 20,000+ stock universe.
Does Northern Oil and Gas, Inc. have an economic moat?
Northern Oil and Gas, Inc. (NOG) has a Quality factor score of 40/100. 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 50/100. 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).