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In the latest session, Northern Oil and Gas Inc (NYSE: NOG) closed at $37.94 down -3.78% from its previous closing price of $39.43. In other words, the price has decreased by -$3.78 from its previous closing price. On the day, 2.0 million shares were traded. NOG stock price reached its highest trading level at $39.51 during the session, while it also had its lowest trading level at $37.915.
Ratios:
For a deeper understanding of Northern Oil and Gas Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 110.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.49. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.84.
On November 20, 2024, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also upped its target price recommendation from $43 to $45.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 10 ’25 when Allen Chad W sold 500 shares for $40.33 per share. The transaction valued at 20,165 led to the insider holds 75,814 shares of the business.
Dirlam Adam A. sold 836 shares of NOG for $32,604 on Jan 06 ’25. The President now owns 96,223 shares after completing the transaction at $39.00 per share. On Jan 06 ’25, another insider, Dirlam Adam A., who serves as the President of the company, sold 122 shares for $39.00 each. As a result, the insider received 4,758 and left with 16,059 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 3787367936 and an Enterprise Value of 5686454272. As of this moment, Northern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.55, and their Forward P/E ratio for the next fiscal year is 7.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.97 while its Price-to-Book (P/B) ratio in mrq is 1.64. Its current Enterprise Value per Revenue stands at 2.843 whereas that against EBITDA is 3.029.
Stock Price History:
The Beta on a monthly basis for NOG is 1.83, which has changed by 0.09463358 over the last 52 weeks, in comparison to a change of 0.23809385 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 $31.13. The 50-Day Moving Average of the stock is -5.33%, while the 200-Day Moving Average is calculated to be -3.11%.
Shares Statistics:
For the past three months, NOG has traded an average of 1.30M shares per day and 1568400 over the past ten days. A total of 99.83M shares are outstanding, with a floating share count of 92.47M. Insiders hold about 7.37% of the company’s shares, while institutions hold 110.80% stake in the company. Shares short for NOG as of 1735603200 were 15333392 with a Short Ratio of 11.75, compared to 1732838400 on 14495318. Therefore, it implies a Short% of Shares Outstanding of 15333392 and a Short% of Float of 24.73.
Dividends & Splits
According to the company, the forward annual dividend rate for NOG is 1.64, from 1.62 in the trailing year. Against a Trailing Annual Dividend Yield of 0.041085467The current Payout Ratio is 14.86% for NOG, which recently paid a dividend on 2024-12-30 with an ex-dividend date of 1735516800. Stock splits for the company last occurred on 2020-09-21 when the company split stock in a 1:10 ratio.
