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Upturn AI SWOT - About
NOG 
Northern Oil & Gas Inc (NOG)
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Upturn Advisory Summary
02/27/2025: NOG (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
10 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $36.41
1 Year Target Price $36.41
| 4 | Strong Buy |
| 1 | Buy |
| 5 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -35.22% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 02/27/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.86B USD | Price to earnings Ratio 4.51 | 1Y Target Price 36.41 |
Price to earnings Ratio 4.51 | 1Y Target Price 36.41 | ||
Volume (30-day avg) 10 | Beta 1.52 | 52 Weeks Range 19.58 - 42.49 | Updated Date 06/30/2025 |
52 Weeks Range 19.58 - 42.49 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 6.21% | Basic EPS (TTM) 6.28 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 31.33% | Operating Margin (TTM) 42.46% |
Management Effectiveness
Return on Assets (TTM) 12.36% | Return on Equity (TTM) 29.41% |
Valuation
Trailing PE 4.51 | Forward PE 7.56 | Enterprise Value 5075184696 | Price to Sales(TTM) 1.38 |
Enterprise Value 5075184696 | Price to Sales(TTM) 1.38 | ||
Enterprise Value to Revenue 2.3 | Enterprise Value to EBITDA 2.84 | Shares Outstanding 98704096 | Shares Floating 95326423 |
Shares Outstanding 98704096 | Shares Floating 95326423 | ||
Percent Insiders 7.54 | Percent Institutions 117.6 |
Analyst Ratings
Rating 4 | Target Price 36.41 | Buy 1 | Strong Buy 4 |
Buy 1 | Strong Buy 4 | ||
Hold 5 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Northern Oil & Gas Inc
Company Overview
History and Background
Northern Oil & Gas, Inc. was founded in 2007 and is headquartered in Minnetonka, Minnesota. Initially focused on non-operated working interests in the Bakken and Three Forks formations, the company has grown through strategic acquisitions to become a significant player in the upstream oil and gas sector.
Core Business Areas
- Acquisition and Development of Non-Operated Working Interests: Acquires and develops non-operated working interests primarily in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana, the Permian Basin in New Mexico and Texas, and the Marcellus Shale in Pennsylvania. This includes participating in drilling and completion activities without directly operating the wells.
- Production and Revenue Generation: Generates revenue through its share of oil and natural gas production from the wells in which it holds a working interest. Revenue is dependent on commodity prices and production volumes.
Leadership and Structure
Ryan Rausch serves as the Chief Executive Officer. The company operates with a management team overseeing various functional areas including finance, operations, and legal. They have a board of directors responsible for overall governance.
Top Products and Market Share
Key Offerings
- Crude Oil Production: Primarily focused on crude oil production. Revenue is dictated by commodity prices, specifically West Texas Intermediate (WTI). Market share data fluctuates but NOG has a small piece of the pie dominated by large producers like EOG, COP, and Devon Energy.
- Natural Gas Production: Production of natural gas that is generally sold to regional midstream companies. Market share is small and diluted with larger nat gas production from bigger companies like Chesapeake, EQT, and Southwestern Energy.
Market Dynamics
Industry Overview
The oil and gas industry is cyclical and highly sensitive to global economic conditions, geopolitical events, and supply-demand dynamics. Recent trends include increased focus on capital efficiency, emissions reduction, and shareholder returns.
Positioning
Northern Oil & Gas positions itself as a consolidator of non-operated working interests. Its competitive advantages include a diversified portfolio, experienced management team, and focus on low-cost production areas.
Total Addressable Market (TAM)
The total addressable market for US oil and gas production is in the hundreds of billions of dollars. Northern Oil & Gas Inc. is positioned to capture a small percentage of this TAM by acquiring and developing non-operated working interests.
Upturn SWOT Analysis
Strengths
- Diversified asset base across multiple basins
- Experienced management team
- Focus on low-cost production areas
- Strategic acquisitions driving growth
- Strong hedging program to mitigate price volatility
Weaknesses
- Reliance on operators' drilling schedules
- Sensitivity to commodity price fluctuations
- Debt levels can be high due to acquisitions
- Non-operated interest means less control over operations
- Exposure to regulatory changes in the oil and gas industry
Opportunities
- Further consolidation of non-operated assets
- Increased demand for US oil and gas
- Technological advancements improving production efficiency
- Expansion into new basins
- Focus on ESG initiatives to attract investors
Threats
- Declining commodity prices
- Increased regulatory scrutiny
- Competition for acquisitions
- Environmental concerns and activism
- Geopolitical risks
Competitors and Market Share
Key Competitors
- EOG
- COP
- DVN
- CLR
Competitive Landscape
Northern Oil & Gas operates in a competitive landscape with larger, more established oil and gas companies. Its advantage lies in its focus on non-operated working interests and strategic acquisitions, allowing it to efficiently grow production. However, it lacks the operational control of its competitors.
Major Acquisitions
Veritas Energy
- Year: 2022
- Acquisition Price (USD millions): 406.5
- Strategic Rationale: Increased Permian Basin exposure and boosted production capacity, diversifying asset base.
Growth Trajectory and Initiatives
Historical Growth: Historically, Northern Oil & Gas has grown through strategic acquisitions and organic production growth. Acquisition strategy has resulted in considerable growth in the past.
Future Projections: Analyst estimates generally project continued growth in production and revenue, driven by acquisitions and development of existing assets.
Recent Initiatives: Recent initiatives include acquisitions in the Permian Basin and increased focus on debt reduction and shareholder returns.
Summary
Northern Oil & Gas is a consolidator of non-operated oil and gas assets with growth driven by acquisitions. While diversification and a focus on low-cost areas are beneficial, reliance on operators and commodity price sensitivity are inherent risks. The companyu2019s financial performance is tied to successful acquisitions and efficient management of acquired assets. Overall it is a growing company with a sound strategy.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is based on available information and is not financial advice. Investment decisions should be made after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Northern Oil & Gas Inc
Exchange NYSE | Headquaters Minnetonka, MN, United States | ||
IPO Launch date 2007-04-13 | CEO & Director Mr. Nicholas L. O'Grady | ||
Sector Energy | Industry Oil & Gas E&P | Full time employees 49 | Website https://www.noginc.com |
Full time employees 49 | Website https://www.noginc.com | ||
Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The company was founded in 2006 and is headquartered in Minnetonka, Minnesota.
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