Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Northern Oil and Gas Inc (NYSE: NOG) closed the day trading at $27.76 down -1.77% from the previous closing price of $28.26. In other words, the price has decreased by -$1.77 from its previous closing price. On the day, 1.19 million shares were traded. NOG stock price reached its highest trading level at $28.27 during the session, while it also had its lowest trading level at $27.68.
Ratios:
For a better understanding of NOG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.96.
On December 16, 2024, Mizuho Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $47.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on November 20, 2024, whereas the target price for the stock was revised from $43 to $45.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 07 ’25 when O’GRADY NICHOLAS L. bought 1,000 shares for $27.48 per share. The transaction valued at 27,480 led to the insider holds 226,189 shares of the business.
Lasher Stuart G. bought 20,000 shares of NOG for $552,400 on Mar 04 ’25. The Director now owns 40,000 shares after completing the transaction at $27.62 per share. On Mar 04 ’25, another insider, Akradi Bahram, who serves as the Director of the company, bought 40,000 shares for $28.03 each. As a result, the insider paid 1,121,360 and bolstered with 1,662,016 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOG now has a Market Capitalization of 2740025600 and an Enterprise Value of 5003932160. As of this moment, Northern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.32, and their Forward P/E ratio for the next fiscal year is 7.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 2.421 whereas that against EBITDA is 2.8.
Stock Price History:
The Beta on a monthly basis for NOG is 1.55, which has changed by -0.30478334 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, NOG has reached a high of $44.31, while it has fallen to a 52-week low of $19.88. The 50-Day Moving Average of the stock is 4.16%, while the 200-Day Moving Average is calculated to be -20.38%.
Shares Statistics:
Over the past 3-months, NOG traded about 2.05M shares per day on average, while over the past 10 days, NOG traded about 1691630 shares per day. A total of 98.70M shares are outstanding, with a floating share count of 95.83M. Insiders hold about 2.91% of the company’s shares, while institutions hold 115.44% stake in the company. Shares short for NOG as of 1745971200 were 19151761 with a Short Ratio of 9.35, compared to 1743379200 on 19603672. Therefore, it implies a Short% of Shares Outstanding of 19151761 and a Short% of Float of 32.24.
Dividends & Splits
NOG’s forward annual dividend rate is 1.69, up from 1.69 a year ago. Against a Trailing Annual Dividend Yield of 0.059801843The current Payout Ratio is 31.92% for NOG, which recently paid a dividend on 2025-03-28 with an ex-dividend date of 1750982400. Stock splits for the company last occurred on 2020-09-21 when the company split stock in a 1:10 ratio.
