Lumida
/NOG
⌘K
Northern Oil and Gas Inc

Northern Oil and Gas Inc

NOG
$26.58USD+1.03%+0.27 today

MARKET CAP

2.8B

P/E (TTM)

7.1x

FWD P/E

7.0x

DAY RANGE

$26 – $27

52W RANGE

$17
$31

AI Summary

Stalk
Buy NowMedium

The stock is in an emerging uptrend confirmed by moving-average crossovers and breakout volume. While currently overbought, the recent pullback to the 9-day EMA on lighter volume represents healthy consolidation. A test above the 9-day EMA offers a favorable buying opportunity, with invalidation below the 50-day SMA negating this rally.

  • Q2 revenue of $745.2 M exceeded estimates by 28.7%, net income rose to $236.6 M.
  • Free cash flow $159 M (400% QoQ), covers $0.45/share dividend multiple times.
  • Profitability weak: EPS fell to $1.13, margin compression evident.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$496.9M$1.6B$2.2B$2.2B$2.5B
YoY %+53.3%+216.1%+37.9%+2.7%+11.2%
P / Sales2.6x1.6x1.6x1.7x0.9x
EV / Sales5.2x3.0x2.7x3.2x2.2x
Gross Profit, Adj.$326.1M$1.3B$1.8B$1.8B$2.0B
YoY %+57.0%+301.7%+38.9%-1.3%+11.5%
Margin %65.6%83.4%84.0%80.7%80.9%
EV / Gross Profit8.0x3.5x3.2x3.9x2.7x
EBITDA, Adj.$218.8M$1.1B$1.6B$1.6B$1.8B
YoY %+37.3%+404.8%+45.6%-1.8%+13.8%
Margin %44.0%70.3%74.2%70.9%72.6%
EV / EBITDA11.9x4.2x3.6x4.5x3.0x
EBIT$78.0M$853.2M$1.1B$837.8M$245.8M
YoY %+107.3%+994.4%+31.5%-25.3%-70.7%
Margin %15.7%54.3%51.8%37.6%9.9%
EV / EBIT33.3x5.4x5.2x8.4x22.0x
Net Income$-8.4M$727.7M$923.0M$520.3M$38.8M
YoY %+99.1%+8763.1%+26.8%-43.6%-92.6%
Net Margin-1.7%46.3%42.6%23.4%1.6%
EPS (GAAP)-$0.13$8.92$10.03$5.14$0.39
YoY %+99.4%+6961.5%+12.4%-48.8%-92.4%