Northern Oil & Gas, Inc. (NOG) stock
NOGNYSECrude Petroleum & Natural GasFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 6/308% below fair value
$25.11+0.37 (+1.50%)
Close on Nov 13, 2026Market cap $2.68BP/E –Yield –
Northern Oil & Gas statistics
85 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Feb 24, 2027 (estimated, after the close)
- Last ex-dividend date
- Sep 29, 2026
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 13, 2026
Valuation ratiosIndustry
- P/TBV Ratio
- 1.47
- 1.40
- P/OCF Ratio
- 1.97
- 4.98
Enterprise valuationIndustry
- EV / Sales
- 1.55
- 1.97
Share statisticsIndustry
- Shares Change (YoY)
- 3.61%
- 1.55%
- Shares Change (QoQ)
- -0.61%
- 0.00%
- Float
- 103M
- 78M
- Shares Held by Insiders
- 2.96%
- 10.2%
- Shares Held by Institutions
- 102.5%
- 68.9%
Short sellingIndustry
- Short Interest
- 20M
- –
- Short Interest Change
- -2.83%
- 0.16%
- Short % of Float
- 19.1%
- 6.75%
- Short % of Shares Outstanding
- 18.6%
- 5.40%
- Days to Cover
- 12.81
- 4.31
Stock price statisticsIndustry
- 52-Week High
- $31.17
- –
- 52-Week Low
- $17.18
- –
- 20-Day Moving Average
- $25.88
- –
- 50-Day Moving Average
- $25.25
- –
- 200-Day Moving Average
- $24.58
- –
- Average True Range (14)
- $1.04
- –
- Price Change (1 Week)
- 9.94%
- 4.82%
- Price Change (1 Month)
- -2.49%
- -4.46%
- Price Change (3 Months)
- -1.65%
- -8.07%
- Price Change (6 Months)
- 2.78%
- -13.7%
- Price Change (YTD)
- 17.0%
- 16.8%
- Price Change (1 Year)
- 14.0%
- 12.6%
- Price Change (3 Years)
- -31.7%
- -4.93%
- Price Change (5 Years)
- 5.24%
- 24.6%
- Price Change (10 Years)
- 35.7%
- 7.80%
- Average Volume (10 Days)
- 2M
- –
- Average Volume (20 Days)
- 2M
- –
- Average Volume (90 Days)
- 2M
- –
- Relative Volume
- 0.44
- 0.78
- Relative Strength Index (14)
- 49.8
- 44.9
- Volatility (1 Year)
- 46.8%
- 47.5%
- Beta (5 Years)
- 0.92
- 0.67
MarginsIndustry
- Pretax Margin
- -35.0%
- 3.70%
- EBITDA Margin
- -24.2%
- 22.3%
Returns on capitalIndustry
- Return on Equity (ROE)
- -23.0%
- 2.43%
- Return on Assets (ROA)
- -8.25%
- 0.12%
- Return on Invested Capital (ROIC)
- -16.3%
- 5.17%
- Return on Capital Employed (ROCE)
- -8.25%
- 5.57%
Financial positionIndustry
- Current Ratio
- 0.59
- 1.07
- Quick Ratio
- 0.51
- 0.61
- Interest Coverage
- -2.44
- 2.11
GrowthIndustry
- Revenue Growth (YoY)
- -28.3%
- 7.60%
- Net Income Growth (YoY)
- -358.7%
- 6.67%
- EPS Growth (YoY)
- -376.3%
- -13.6%
- Revenue Growth (3Y CAGR)
- 16.4%
- -0.28%
- Revenue Growth (5Y CAGR)
- 35.0%
- 15.8%
- EPS Growth (3Y CAGR)
- -64.8%
- -18.5%
EfficiencyIndustry
- Asset Turnover
- 0.30
- 0.39
- Revenue Per Employee
- $26.66M
- $1.65M
- Profits Per Employee
- -$7.32M
- $1.81K
- Employee Count
- 64
- 326
- WACC
- 9.71%
- 8.02%
Income statement (TTM)Industry
- Pretax Income
- -$596.84M
- $16.37M
Balance sheetIndustry
- Net Cash (Debt)
- $26.42M
- -$47.77M
- Net Cash Per Share
- $0.25
- -$0.39
- Equity (Book Value)
- $1.82B
- $598.56M
- Book Value Per Share
- $17.11
- $10.13
- Tangible Book Value
- $1.82B
- $567.72M
- Working Capital
- -$355.66M
- $1.72M
Cash flow (TTM)Industry
Dividends and yieldsIndustry
- Earnings Yield
- -17.5%
- 1.81%
- Buyback Yield
- -5.41%
- 0.27%
- Shareholder Yield
- -5.41%
- 2.05%
Taxes and interestIndustry
- Interest Expense
- $169.50M
- $46.86M
- Income Tax
- -$128.08M
- $7.64M
Scores and fair valueIndustry
- Altman Z-Score
- 0.40
- 1.54
- Piotroski F-Score
- 7
- 5
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.
| Period | NOG | S&P 500 | Difference | NOG per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -4.9% | -3.0% | −1.8 pts | ||
| 3 months | +4.7% | -2.8% | +7.5 pts | ||
| Year to date | +23.9% | +11.5% | +12.5 pts | ||
| 1 year | +22.9% | +13.5% | +9.5 pts | ||
| 3 years | -17.1% | +77.7% | −94.8 pts | -6.1% | +21.1% |
| 5 years | +34.9% | +72.6% | −37.7 pts | +6.2% | +11.5% |
| 10 years | +79.4% | +308.2% | −228.7 pts | +6.0% | +15.1% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
20M NOG shares were sold short on Oct 30, 2026, down 2.8% from the previous report, or 19.15% of the shares available to trade. At recent volumes it would take 12.8 days to buy them back. Over the last 20 sessions, 56.9% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 19,797,965 | -2.8% | 1,545,909 | 12.8 |
| Oct 15, 2026 | 20,373,793 | -5.6% | 1,900,405 | 10.7 |
| Sep 30, 2026 | 21,583,676 | -1.4% | 2,386,915 | 9.0 |
| Sep 15, 2026 | 21,883,131 | +0.8% | 1,888,509 | 11.6 |
| Aug 31, 2026 | 21,715,906 | +6.6% | 2,207,275 | 9.8 |
| Aug 14, 2026 | 20,377,900 | -0.5% | 2,511,018 | 8.1 |
| Jul 31, 2026 | 20,482,402 | +5.8% | 2,642,349 | 7.8 |
| Jul 15, 2026 | 19,353,125 | -7.8% | 3,697,297 | 5.2 |
| Jun 30, 2026 | 20,999,218 | +19.2% | 4,242,445 | 5.0 |
| Jun 15, 2026 | 17,609,412 | +1.0% | 2,750,455 | 6.4 |
| May 29, 2026 | 17,432,322 | +1.6% | 2,625,794 | 6.6 |
| May 15, 2026 | 17,154,867 | +1.4% | 2,720,325 | 6.3 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
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