Ratings Northern Oil and Gas, Inc.

Equities

NOG

US6655313079

Real-time Estimate Cboe BZX Other stock markets 10:57:06 2024-05-02 am EDT			5-day change	1st Jan Change
40.17 ^USD	+1.26%		-6.69%	+8.39%

Apr. 30	Transcript : Northern Oil and Gas, Inc., Q1 2024 Earnings Call, Apr 30, 2024
Apr. 30	Earnings Flash (NOG) NORTHERN OIL AND GAS Posts Q1 Revenue $396.3M, vs. Street Est of $506.1M	MT

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental situation
According to Refinitiv, the company's ESG score for its industry is poor.

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Its low valuation, with P/E ratio at 8.79 and 6.37 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company has a low valuation given the cash flows generated by its activity.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
Over the past twelve months, analysts' consensus has been significantly revised downwards.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
NORTHERN OIL AND GAS, INC.	+7.01%	3.99B	C-
CHEVRON CORPORATION	+7.02%	294B	A-
CONOCOPHILLIPS	+7.13%	146B	C
CNOOC LIMITED	+55.38%	128B	B+
CANADIAN NATURAL RESOURCES LIMITED	+18.67%	80.27B	B
EOG RESOURCES, INC.	+7.44%	74.75B	B-
PIONEER NATURAL RESOURCES COMPANY	+19.02%	62.53B	B-
OCCIDENTAL PETROLEUM CORPORATION	+7.94%	57.13B	C+
HESS CORPORATION	+8.75%	48.14B	A-
DIAMONDBACK ENERGY, INC.	+26.39%	34.96B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

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1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

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Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

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Innovation

Use of resources

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CSR Strategy

Management

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Technical analysis

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Unusual volumes