Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
As of close of business last night, Northern Oil and Gas Inc’s stock clocked out at $22.93, up 2.23% from its previous closing price of $22.43. In other words, the price has increased by $2.23 from its previous closing price. On the day, 1.43 million shares were traded. NOG stock price reached its highest trading level at $23.63 during the session, while it also had its lowest trading level at $22.55.
Ratios:
To gain a deeper understanding of NOG’s stock, we examine 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 1.02 whereas as Long-Term Debt/Eq ratio is at 1.02.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 2266692608 and an Enterprise Value of 4621157376. As of this moment, Northern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.46, and their Forward P/E ratio for the next fiscal year is 5.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 2.303 whereas that against EBITDA is 2.926.
Stock Price History:
The Beta on a monthly basis for NOG is 1.54, which has changed by -0.45469677 over the last 52 weeks, in comparison to a change of 0.05279863 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 -23.00%, while the 200-Day Moving Average is calculated to be -37.14%.
Shares Statistics:
It appears that NOG traded 1.91M shares on average per day over the past three months and 2900190 shares per day over the past ten days. A total of 99.11M shares are outstanding, with a floating share count of 95.97M. Insiders hold about 2.91% of the company’s shares, while institutions hold 113.21% stake in the company. Shares short for NOG as of 1743379200 were 19603672 with a Short Ratio of 10.28, compared to 1740700800 on 16553641. Therefore, it implies a Short% of Shares Outstanding of 19603672 and a Short% of Float of 31.979999999999997.
Dividends & Splits
With its trailing 12-month dividend rate of 1.64, NOG has a forward annual dividend rate of 1.69. Against a Trailing Annual Dividend Yield of 0.07311636The current Payout Ratio is 31.92% for NOG, which recently paid a dividend on 2025-03-28 with an ex-dividend date of 1743120000. Stock splits for the company last occurred on 2020-09-21 when the company split stock in a 1:10 ratio.
