Northern Oil Net Worth
Northern Oil Net Worth Breakdown | NOG |
Northern Oil Net Worth Analysis
Northern Oil's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Northern Oil's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Northern Oil's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Northern Oil's net worth analysis. One common approach is to calculate Northern Oil's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Northern Oil's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Northern Oil's net worth. This approach calculates the present value of Northern Oil's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Northern Oil's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Northern Oil's net worth. This involves comparing Northern Oil's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Northern Oil's net worth relative to its peers.
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To determine if Northern Oil is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Northern Oil's net worth research are outlined below:
| The company has 1.84 B in debt with debt to equity (D/E) ratio of 7.22, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Northern Oil Gas has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Northern Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Northern Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northern Oil Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northern to invest in growth at high rates of return. When we think about Northern Oil's use of debt, we should always consider it together with cash and equity. | |
| Over 93.0% of Northern Oil shares are owned by institutional investors | |
| On 30th of April 2024 Northern Oil paid $ 0.4 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Northern Oil Gas declares 0.40 dividend |
Northern Oil uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Northern Oil Gas. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Northern Oil's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Northern Oil's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Northern Oil is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northern Oil Gas backward and forwards among themselves. Northern Oil's institutional investor refers to the entity that pools money to purchase Northern Oil's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Westfield Capital Management Company, Lp | 2023-12-31 | 1.5 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.5 M | Nuveen Asset Management, Llc | 2023-12-31 | 1.4 M | Principal Financial Group Inc | 2023-12-31 | 1.4 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.4 M | Allspring Global Investments Holdings, Llc | 2023-12-31 | 1.4 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.2 M | Alliancebernstein L.p. | 2023-12-31 | 1.1 M | Northern Trust Corp | 2023-12-31 | 1.1 M | Blackrock Inc | 2023-12-31 | 13.7 M | Vanguard Group Inc | 2023-12-31 | 10.6 M |
Follow Northern Oil's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.04 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northern Oil's market, we take the total number of its shares issued and multiply it by Northern Oil's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Northern Oil's profitablity
Northern Oil's profitability indicators refer to fundamental financial ratios that showcase Northern Oil's ability to generate income relative to its revenue or operating costs. If, let's say, Northern Oil is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Northern Oil's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Northern Oil's profitability requires more research than a typical breakdown of Northern Oil's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.21 | 0.22 | |
| Return On Capital Employed | 0.21 | 0.22 | |
| Return On Assets | 0.21 | 0.22 | |
| Return On Equity | 0.45 | 0.46 |
When accessing Northern Oil's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Northern Oil's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Northern Oil's profitability and make more informed investment decisions.
The data published in Northern Oil's official financial statements usually reflect Northern Oil's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Northern Oil Gas. For example, before you start analyzing numbers published by Northern accountants, it's critical to develop an understanding of what Northern Oil's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Northern Oil's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northern Oil's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Northern Oil's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Northern Oil Gas. Please utilize our Beneish M Score to check the likelihood of Northern Oil's management manipulating its earnings.
Evaluate Northern Oil's management efficiency
Northern Oil Gas has Return on Asset of 0.1295 % which means that on every $100 spent on assets, it made $0.1295 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3897 %, implying that it generated $0.3897 on every 100 dollars invested. Northern Oil's management efficiency ratios could be used to measure how well Northern Oil manages its routine affairs as well as how well it operates its assets and liabilities. The Northern Oil's current Return On Tangible Assets is estimated to increase to 0.22. The Northern Oil's current Return On Capital Employed is estimated to increase to 0.22. At this time, Northern Oil's Other Current Assets are most likely to increase significantly in the upcoming years. The Northern Oil's current Total Current Assets is estimated to increase to about 534.9 M, while Intangibles To Total Assets are projected to decrease to (0.01).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 22.38 | 18.94 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 22.38 | 18.94 | |
| Enterprise Value Over EBITDA | 3.84 | 4.03 | |
| Price Book Value Ratio | 1.66 | 1.74 | |
| Enterprise Value Multiple | 3.84 | 4.03 | |
| Price Fair Value | 1.66 | 1.74 | |
| Enterprise Value | 5.2 B | 5.5 B |
The analysis of Northern Oil's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Northern Oil's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Northern Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 3.2175 | Revenue 1.8 B | Quarterly Revenue Growth 0.229 | Revenue Per Share 19.262 | Return On Equity 0.3897 |
Northern Oil Corporate Filings
F4 | 3rd of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 30th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 11th of April 2024 Other Reports | ViewVerify | |
| 1st of April 2024 Other Reports | ViewVerify |
Northern Oil Earnings per Share Projection vs Actual
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Northern Oil Corporate Directors
Northern Oil corporate directors refer to members of a Northern Oil board of directors. The board of directors generally takes responsibility for the Northern Oil's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Northern Oil's board members must vote for the resolution. The Northern Oil board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Robert Grabb | Independent Director | Profile | |
| Michael Frantz | Independent Director | Profile | |
| Lisa Bromiley | Lead Independent Director | Profile | |
| Richard Weber | Independent Director | Profile |
How to buy Northern Stock?
The net worth of Northern Oil Gas is the difference between its total assets and liabilities. Northern Oil's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Northern Oil's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Northern Oil's net worth can be used as a measure of its financial health and stability which can help investors to decide if Northern Oil is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Northern Oil Gas stock.Already Invested in Northern Oil Gas?
The danger of trading Northern Oil Gas is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Northern Oil is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Northern Oil. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Northern Oil Gas is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Northern Oil Gas is a strong investment it is important to analyze Northern Oil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northern Oil's future performance. For an informed investment choice regarding Northern Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Northern Stock analysis
When running Northern Oil's price analysis, check to measure Northern Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Oil is operating at the current time. Most of Northern Oil's value examination focuses on studying past and present price action to predict the probability of Northern Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Oil's price. Additionally, you may evaluate how the addition of Northern Oil to your portfolios can decrease your overall portfolio volatility.
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Is Northern Oil's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Oil. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.97) | Dividend Share 1.55 | Earnings Share 6.16 | Revenue Per Share 19.262 | Quarterly Revenue Growth 0.229 |
The market value of Northern Oil Gas is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Oil's value that differs from its market value or its book value, called intrinsic value, which is Northern Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Oil's market value can be influenced by many factors that don't directly affect Northern Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.