Northern Oil and Gas NOG
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Northern Oil and Gas (NOG) Business Model and Operations Summary
Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production. The company's oil and natural gas sales come from three geographic areas in the United States: the Williston Basin (North Dakota and Montana), the Permian Basin (New Mexico and Texas), the Uinta Basin, and the Appalachian Basin (Pennsylvania and Ohio).
Key Insights
Northern Oil and Gas (NOG) Core Market Data and Business Metrics
Latest Closing Price
$29.87Market Cap
$2.95 BillionPrice-Earnings Ratio
5.81Total Outstanding Shares
99.11 Million SharesTotal Employees
49Dividend
$0.45 Per Share QuarterlyIPO Date
April 13, 2007SIC Description
Crude Petroleum & Natural GasPrimary Exchange
New York Stock ExchangeHeadquarters
4350 Baker Road, Minnetonka, MN, 55343
Historical Stock Splits
If you bought 10 shares of NOG before September 21, 2020, you'd have 1 share today.
| Execution Date | Split Amount |
|---|---|
| September 21, 2020 | 1-for-10 (Reverse Split) |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities, Continuing | $-1.67 Billion |
| Net Cash Flow From Financing Activities, Continuing | $266.83 Million |
| Net Cash Flow From Investing Activities | $-1.67 Billion |
| Net Cash Flow From Operating Activities | $1.41 Billion |
| Net Cash Flow | $738,000 |
| Net Cash Flow From Financing Activities | $266.83 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Income/Loss From Continuing Operations After Tax | $520.31 Million |
| Income Tax Expense/Benefit | $160.51 Million |
| Diluted Earnings Per Share | $5.14 |
| Gross Profit | $1.80 Billion |
| Benefits Costs and Expenses | $1.54 Billion |
| Costs And Expenses | $1.39 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $520.31 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $0 |
| Comprehensive Income/Loss | $520.31 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Non-current Liabilities | $369.82 Million |
| Noncurrent Assets | $5.10 Billion |
| Liabilities | $3.28 Billion |
| Fixed Assets | $5.08 Billion |
| Other Current Liabilities | $341.40 Million |
| Equity | $2.32 Billion |
Historical Dividends
Current dividend: $0.45 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 28, 2025 | Apr 30, 2025 | Mar 28, 2025 | $0.45 | Quarterly |
| Nov 26, 2024 | Jan 31, 2025 | Dec 30, 2024 | $0.42 | Quarterly |
| Aug 6, 2024 | Oct 31, 2024 | Sep 27, 2024 | $0.42 | Quarterly |
| May 2, 2024 | Jul 31, 2024 | Jun 27, 2024 | $0.4 | Quarterly |
| Feb 6, 2024 | Apr 30, 2024 | Mar 28, 2024 | $0.4 | Quarterly |
| Oct 30, 2023 | Jan 31, 2024 | Dec 28, 2023 | $0.4 | Quarterly |