Ratings Northern Oil and Gas, Inc.

Equities

NOG

US6655313079

Market Closed - Nyse Other stock markets 21:00:02 03/05/2024 BST			5-day change	1st Jan Change
40.25 ^USD	+0.70%		-6.98%	+8.58%

05-03	Northern Oil & Gas Maintains Dividend at $0.40 per Share; Payable on July 31 to Shareholders of Record on June 27	MT
05-02	Northern Oil and Gas, Inc. Declares Quarterly Cash Dividend, Payable on July 31, 2024	CI

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental situation
The company has a poor ESG score according to Refinitiv, which ranks companies by sector.

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Its low valuation, with P/E ratio at 8.91 and 6.47 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company has a low valuation given the cash flows generated by its activity.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Over the past four months, analysts' average price target has been revised upwards significantly.
Analyst opinion has improved significantly over the past four months.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

According to forecast, a sluggish sales growth is expected for the next fiscal years.
The company's earnings growth outlook lacks momentum and is a weakness.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
Over the past twelve months, analysts' consensus has been significantly revised downwards.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
NORTHERN OIL AND GAS, INC.	+8.58%	4.05B	C-
CHEVRON CORPORATION	+7.43%	295B	A-
CONOCOPHILLIPS	+5.31%	143B	C
CNOOC LIMITED	+56.15%	128B	B+
CANADIAN NATURAL RESOURCES LIMITED	+17.61%	79.7B	B
EOG RESOURCES, INC.	+7.50%	74.72B	B-
PIONEER NATURAL RESOURCES COMPANY	+19.90%	63B	B-
OCCIDENTAL PETROLEUM CORPORATION	+7.84%	57.08B	C+
HESS CORPORATION	+10.20%	48.78B	A-
DIAMONDBACK ENERGY, INC.	+29.93%	35.94B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes