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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.
Strategic Expansion | Explore NOG's joint venture with XCL Resources, marking its entry into the Uinta Basin and showcasing its unique non-operator model for growth and diversification |
Financial Prowess | Delve into NOG's impressive financial metrics, including a 21% revenue growth, $1.9B EBITDA, and a P/E ratio of 4.8, signaling strong profitability and value |
Market Positioning | Learn how NOG's nimble approach and diversified portfolio across multiple basins position it competitively against larger operators in the energy secto |
Future Outlook | Analysts project continued momentum with a price target range of $45-$46, driven by increased production from organic development and recent acquisitions |
Metrics to compare | NOG | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipNOGPeersSector | |
---|---|---|---|---|
P/E Ratio | 4.4x | 11.8x | 4.8x | |
PEG Ratio | 1.09 | −0.24 | 0.00 | |
Price/Book | 1.2x | 1.0x | 1.1x | |
Price / LTM Sales | 1.4x | 1.2x | 1.1x | |
Upside (Analyst Target) | 28.3% | 32.5% | 22.1% | |
Fair Value Upside | Unlock | 11.9% | 8.6% | Unlock |