NORTHERN OIL AND GAS INC (NOG)
US6655313079 - Common Stock
NOG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 204 industry peers in the Oil, Gas & Consumable Fuels industry. NOG scores excellent on profitability, but there are some minor concerns on its financial health. NOG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year NOG was profitable.
NOG had a positive operating cash flow in the past year.
In multiple years NOG reported negative net income over the last 5 years.
Each year in the past 5 years NOG had a positive operating cash flow.
1.2 Ratios
NOG's Return On Assets of 16.57% is amongst the best of the industry. NOG outperforms 88.18% of its industry peers.
With an excellent Return On Equity value of 36.20%, NOG belongs to the best of the industry, outperforming 91.13% of the companies in the same industry.
NOG has a better Return On Invested Capital (20.83%) than 92.12% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NOG is below the industry average of 22.54%.
The 3 year average ROIC (18.00%) for NOG is below the current ROIC(20.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.57% | ||
| ROE | 36.2% | ||
| ROIC | 20.83% |
ROA(3y)15.11%
ROA(5y)-12.87%
ROE(3y)46.27%
ROE(5y)N/A
ROIC(3y)18%
ROIC(5y)16.54%
1.3 Margins
Looking at the Profit Margin, with a value of 33.44%, NOG belongs to the top of the industry, outperforming 81.77% of the companies in the same industry.
NOG's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 48.81%, NOG belongs to the best of the industry, outperforming 87.19% of the companies in the same industry.
In the last couple of years the Operating Margin of NOG has declined.
With an excellent Gross Margin value of 77.01%, NOG belongs to the best of the industry, outperforming 86.70% of the companies in the same industry.
In the last couple of years the Gross Margin of NOG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 48.81% | ||
| PM (TTM) | 33.44% | ||
| GM | 77.01% |
OM growth 3Y8.57%
OM growth 5Y-3.88%
PM growth 3YN/A
PM growth 5Y15.02%
GM growth 3Y1.36%
GM growth 5Y-1.72%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NOG is creating value.
The number of shares outstanding for NOG has been increased compared to 1 year ago.
The number of shares outstanding for NOG has been increased compared to 5 years ago.
The debt/assets ratio for NOG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.33 indicates that NOG is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of NOG (2.33) is better than 64.53% of its industry peers.
NOG has a debt to FCF ratio of 17.28. This is a negative value and a sign of low solvency as NOG would need 17.28 years to pay back of all of its debts.
The Debt to FCF ratio of NOG (17.28) is worse than 62.56% of its industry peers.
A Debt/Equity ratio of 0.84 indicates that NOG is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.84, NOG is not doing good in the industry: 70.44% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 17.28 | ||
| Altman-Z | 2.33 |
ROIC/WACC2.49
WACC8.38%
2.3 Liquidity
NOG has a Current Ratio of 1.23. This is a normal value and indicates that NOG is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.23, NOG perfoms like the industry average, outperforming 50.25% of the companies in the same industry.
A Quick Ratio of 1.23 indicates that NOG should not have too much problems paying its short term obligations.
NOG has a better Quick ratio (1.23) than 63.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The earnings per share for NOG have decreased strongly by -10.30% in the last year.
The Earnings Per Share has been growing slightly by 1.23% on average over the past years.
Looking at the last year, NOG shows a very strong growth in Revenue. The Revenue has grown by 43.66%.
NOG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.12% yearly.
EPS 1Y (TTM)-10.3%
EPS 3Y55.58%
EPS 5Y1.23%
EPS Q2Q%-19.08%
Revenue 1Y (TTM)43.66%
Revenue growth 3Y57.71%
Revenue growth 5Y26.12%
Sales Q2Q%140.03%
3.2 Future
Based on estimates for the next years, NOG will show a decrease in Earnings Per Share. The EPS will decrease by -8.47% on average per year.
The Revenue is expected to grow by 3.41% on average over the next years.
EPS Next Y-19.09%
EPS Next 2Y-10.5%
EPS Next 3Y-6.64%
EPS Next 5Y-8.47%
Revenue Next Year15.14%
Revenue Next 2Y11.58%
Revenue Next 3Y7.45%
Revenue Next 5Y3.41%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.36, the valuation of NOG can be described as very cheap.
Based on the Price/Earnings ratio, NOG is valued a bit cheaper than 77.83% of the companies in the same industry.
NOG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.65.
With a Price/Forward Earnings ratio of 8.02, the valuation of NOG can be described as very reasonable.
NOG's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NOG is cheaper than 75.86% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.56. NOG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.36 | ||
| Fwd PE | 8.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NOG indicates a rather cheap valuation: NOG is cheaper than 85.71% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NOG is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.39 | ||
| EV/EBITDA | 3.18 |
4.3 Compensation for Growth
The decent profitability rating of NOG may justify a higher PE ratio.
A cheap valuation may be justified as NOG's earnings are expected to decrease with -6.64% in the coming years.
PEG (NY)N/A
PEG (5Y)6
EPS Next 2Y-10.5%
EPS Next 3Y-6.64%
5. Dividend
5.1 Amount
NOG has a Yearly Dividend Yield of 4.11%, which is a nice return.
Compared to an average industry Dividend Yield of 6.45, NOG pays a bit more dividend than its industry peers.
NOG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
5.2 History
NOG has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
NOG pays out 18.56% of its income as dividend. This is a sustainable payout ratio.
DP18.56%
EPS Next 2Y-10.5%
EPS Next 3Y-6.64%
NORTHERN OIL AND GAS INC
NYSE:NOG (11/21/2024, 5:05:01 PM)
After market: 42.34 0 (0%)42.34
+0.77 (+1.85%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.23B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.36 | ||
| Fwd PE | 8.02 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.57% | ||
| ROE | 36.2% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 48.81% | ||
| PM (TTM) | 33.44% | ||
| GM | 77.01% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-10.3%
EPS 3Y55.58%
EPS 5Y
EPS Q2Q%
EPS Next Y-19.09%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)43.66%
Revenue growth 3Y57.71%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y