Northern Oil and Gas, Inc. is an independent upstream operator engaged in the acquisition, exploration, development and production of oil and natural gas properties. The firm is primarily focused on three leading basins of the United States - the Williston, Permian and the Appalachian. Northern employs a unique strategy wherein it owns non-operating, minority interests in oil and gas wells, which are majority-owned and operated by some leading producers. As part of this low-cost model, the company does not drill any well but essentially provides financing for its acreage. The Williston Basin in North Dakota and Montana is the company's core operating region.
Revenue (Most Recent Fiscal Year) | $2.23B |
Net Income (Most Recent Fiscal Year) | $520.31M |
PE Ratio (Current Year Earnings Estimate) | 6.17 |
PE Ratio (Trailing 12 Months) | 5.12 |
PEG Ratio (Long Term Growth Estimate) | -- |
Price to Sales Ratio (Trailing 12 Months) | 1.10 |
Price to Book Ratio (Most Recent Quarterly Book Value per Share) | 1.12 |
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) | 2.12 |
Pre-Tax Margin (Trailing 12 Months) | 35.05% |
Net Margin (Trailing 12 Months) | 26.64% |
Return on Equity (Trailing 12 Months) | 23.46% |
Return on Assets (Trailing 12 Months) | 10.14% |
Current Ratio (Most Recent Fiscal Quarter) | 0.92 |
Quick Ratio (Most Recent Fiscal Quarter) | 0.92 |
Debt to Common Equity (Most Recent Fiscal Quarter) | 0.96 |
Inventory Turnover (Trailing 12 Months) | -- |
Book Value per Share (Most Recent Fiscal Quarter) | $24.34 |
Earnings per Share (Most Recent Fiscal Quarter) | $1.33 |
Earnings per Share (Most Recent Fiscal Year) | $5.26 |
Diluted Earnings per Share (Trailing 12 Months) | $6.42 |
Exchange | NYSE |
Sector | Energy |
Industry | Oil & Gas E&P |
Common Shares Outstanding | 98.70M |
Free Float | 95.84M |
Market Capitalization | $2.68B |
Average Volume (Last 20 Days) | 1.49M |
Beta (Past 60 Months) | 1.47 |
Percentage Held By Insiders (Latest Annual Proxy Report) | 2.90% |
Percentage Held By Institutions (Latest 13F Reports) | 98.80% |
Annual Dividend (Based on Last Quarter) | $1.80 |
Dividend Yield (Based on Last Quarter) | 6.63% |