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Company Analysis

Northern Oil and Gas, Inc. NOG

A comprehensive view of key metrics, scores, and financial health for Northern Oil and Gas, Inc.

Overview of Northern Oil and Gas, Inc.

NOG NYQ
Energy Oil & Gas E&P Mid Cap
Northern Oil and Gas, Inc. (NOG), is a Mid Cap company, in the Oil & Gas E&P industry, last closed at $27.51, about 16.0% overvalued vs fair value, -6.4% 1Y return, ranked 187/254 in sector.
$27.51
-0.36%
As of March 13, 2026
Previous close • Vol 90d: 43.6%
52-Week Range
Market Cap
$2.81B
Enterprise Value
$5.12B
Overall Score
Scores locked

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Top Beats

Quick Facts

Website https://www.noginc.com
HQ Minnetonka, MN
Employees 49
Fiscal year Dec 31

Next Events

Dividend Apr 30 Ex-div: Mar 30
Earnings May 5 Estimated

Fair Value Snapshot

Bear Base Bull
$19
$23
$26
Current: $27.51 -16% vs base

Engine Room Money Flow™

Mid Cap

Commodities & Mining - Where revenue goes and how value is created

Flow Steps
Revenue
None
14.4%%
Gross Profit
$836.0M
-8.5%%
Operating Income
$245.8M
-68.3%%
EBITDA
None
-55.4%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Commodities & Mining

Quality & Reliability Indicators

Cash Conversion Ratio
-7.31x
Poor

Free cash flow relative to net income

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$256.5M

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
5
Active Leaks
2/5
Improving
1
High Impact
4
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Northern Oil and Gas, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
39
/100
Developing
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Developing
38
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 95% Coverage
Trade-Off Triangle Visualization A ternary plot showing NOG's balance between Growth (39.4%), Profitability (31.3%), and Safety (29.4%). Growth 39% Safety 29% Profitability 31%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

60th percentile vs peers
60
Key Signals
Rev Growth YoY 14.4% 70p Revenue CAGR 3Y 7.6% 62p TSR 39.0% 77p EPS Growth YoY -48.8% 34p
Strengths
  • D/E Ratio in top 20% of peers (1.02, 90th percentile)
  • Superior capital returns - 3 return metrics above peer median
  • Growth above peer median with strong metric coverage (85%)
  • Strong liquidity position vs peers
  • Conservative leverage compared to industry peers
Risks

No significant risks identified for this axis.

Profitability

47th percentile vs peers
48
Key Signals
Strengths
Risks
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Safety

45th percentile vs peers
45
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Northern Oil and Gas, Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$23.11
- - -
-16.0% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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