Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The company was founded in 2006 and is headquartered in Minnetonka, Minnesota.
Growth Prospects | Delve into NOG's non-operator model, allowing for strategic partnerships and acquisitions, with analyst price targets ranging from $45 to $46 |
Shareholder Returns | Learn about NOG's increased quarterly base dividend to $0.45 per share, yielding 4.49%, and its active stock buyback program exceeding expectations |
Financial Health | NOG boasts a "GREAT" financial health score of 3.21/5, with attractive P/E and EV/EBITDA ratios suggesting potential undervaluation |
Strategic Expansion | Explore NOG's joint venture with XCL Resources, marking its fourth major partnership and entry into the Uinta Basin, enhancing diversity and returns |
Metrics to compare | NOG | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipNOGPeersSector | |
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P/E Ratio | 4.3x | 11.0x | 4.6x | |
PEG Ratio | 1.10 | −0.23 | 0.00 | |
Price / Book | 1.2x | 1.0x | 1.1x | |
Price / LTM Sales | 1.3x | 1.2x | 1.1x | |
Upside (Analyst Target) | 19.6% | 41.6% | 33.5% | |
Fair Value Upside | Unlock | 15.3% | 12.9% | Unlock |