Northern Oil and Gas Inc (NYSE: NOG) has a higher price-to-earnings ratio of 5.62x compared to its average ratio, The 36-month beta value for NOG is at 1.54. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for NOG is 96.28M, and currently, shorts hold a 17.19% of that float. The average trading volume for NOG on March 12, 2025 was 1.69M shares.
NOG) stock’s latest price update
The stock of Northern Oil and Gas Inc (NYSE: NOG) has increased by 3.40 when compared to last closing price of 27.95.Despite this, the company has seen a gain of 4.67% in its stock price over the last five trading days. businesswire.com reported 2025-03-11 that MINNEAPOLIS–(BUSINESS WIRE)–Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today announced that its Board of Directors has authorized an $100 million increase to the Company’s previously announced July 2024 share repurchase program. Immediately prior to the increase, NOG had $100 million remaining on this share repurchase program. The increase replenishes NOG’s share repurchase program at a time of increased volatility. Quarter to date, the Company has repurchased approximate.
NOG’s Market Performance
NOG’s stock has risen by 4.67% in the past week, with a monthly drop of -19.94% and a quarterly drop of -28.16%. The volatility ratio for the week is 4.59% while the volatility levels for the last 30 days are 4.01% for Northern Oil and Gas Inc The simple moving average for the last 20 days is -7.88% for NOG’s stock, with a simple moving average of -23.66% for the last 200 days.
Analysts’ Opinion of NOG
Mizuho, on the other hand, stated in their research note that they expect to see NOG reach a price target of $47. The rating they have provided for NOG stocks is “Neutral” according to the report published on December 16th, 2024.
RBC Capital Mkts gave a rating of “Sector Perform” to NOG, setting the target price at $45 in the report published on November 20th of the previous year.
NOG Trading at -18.52% from the 50-Day Moving Average
After a stumble in the market that brought NOG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.78% of loss for the given period.
Volatility was left at 4.01%, however, over the last 30 days, the volatility rate increased by 4.59%, as shares sank -21.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.90% lower at present.
During the last 5 trading sessions, NOG rose by +3.51%, which changed the moving average for the period of 200-days by -28.42% in comparison to the 20-day moving average, which settled at $31.36. In addition, Northern Oil and Gas Inc saw -22.23% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NOG starting from O’GRADY NICHOLAS L., who purchase 1,000 shares at the price of $27.48 back on Mar 07 ’25. After this action, O’GRADY NICHOLAS L. now owns 226,189 shares of Northern Oil and Gas Inc, valued at $27,480 using the latest closing price.
Lasher Stuart G., the Director of Northern Oil and Gas Inc, purchase 20,000 shares at $27.62 during a trade that took place back on Mar 04 ’25, which means that Lasher Stuart G. is holding 40,000 shares at $552,400 based on the most recent closing price.
Stock Fundamentals for NOG
Current profitability levels for the company are sitting at:
- 0.46 for the present operating margin
- 0.55 for the gross margin
The net margin for Northern Oil and Gas Inc stands at 0.24. The total capital return value is set at 0.19. Equity return is now at value 23.82, with 10.32 for asset returns.
Based on Northern Oil and Gas Inc (NOG), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.59. The debt to equity ratio resting at 1.02. The interest coverage ratio of the stock is 6.23.
Currently, EBITDA for the company is 1.58 billion with net debt to EBITDA at 1.49. When we switch over and look at the enterprise to sales, we see a ratio of 2.45. The receivables turnover for the company is 4.98for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.92.
Conclusion
In conclusion, Northern Oil and Gas Inc (NOG) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
