Northern Oil and Gas logged a 0.8% change during today's evening session, and is now trading at a price of $40.82 per share. On average, analysts give it a target price of $51.25.
Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The mid-cap company is based in the United States. Northern Oil and Gas currently returns an annual dividend yield of 3.1%.
What to Consider if You Are Thinking of Buying Northern Oil and Gas:
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Northern Oil and Gas has moved 38.0% over the last year.
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NOG has a forward P/E ratio of 4.9 based on its EPS guidance of 8.35.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 12.1%.
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The company has a price to earnings growth (PEG) ratio of -4.08.
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Its Price to Book (P/B) ratio is 2.67
Northern Oil and Gas Has Irregular Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-24 | 928,418 | -1,359,776 | 2,288,194 | 131.07 |
| 2022-02-25 | 396,467 | -593,784 | 990,251 | 60.86 |
| 2021-03-12 | 331,685 | -283,927 | 615,612 | -32.27 |
| 2020-03-12 | 339,750 | -569,128 | 908,878 | 26.45 |
| 2019-03-18 | 244,262 | -474,519 | 718,781 | 532.82 |
| 2018-02-23 | 8,754 | -104,830 | 113,584 |
Northern Oil and Gas's free cash flows have a decent average of $939.22 Million over the last 6 years, but they are highly variable since their coefficient of variability is 608523314.2%. The compounded average growth rate over this period is 0.0%.
