Northern Oil and Gas Inc
NYSE:NOG

Watchlist Manager
Northern Oil and Gas Inc Logo
Northern Oil and Gas Inc
NYSE:NOG
Watchlist
Price: 36.04 USD -1.18% Market Closed
Market Cap: 3.6B USD
Have any thoughts about
Northern Oil and Gas Inc?
Write Note

Northern Oil and Gas Inc
Other Current Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

Northern Oil and Gas Inc
Other Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
Northern Oil and Gas Inc
NYSE:NOG
Other Current Assets
$131.1m
CAGR 3-Years
160%
CAGR 5-Years
15%
CAGR 10-Years
29%
Hess Corp
NYSE:HES
Other Current Assets
$107m
CAGR 3-Years
-3%
CAGR 5-Years
-3%
CAGR 10-Years
-19%
EOG Resources Inc
NYSE:EOG
Other Current Assets
$458m
CAGR 3-Years
6%
CAGR 5-Years
3%
CAGR 10-Years
-4%
Texas Pacific Land Corp
NYSE:TPL
Other Current Assets
$52.4m
CAGR 3-Years
178%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Diamondback Energy Inc
NASDAQ:FANG
Other Current Assets
$96m
CAGR 3-Years
-12%
CAGR 5-Years
-10%
CAGR 10-Years
27%
Conocophillips
NYSE:COP
Other Current Assets
$881m
CAGR 3-Years
-35%
CAGR 5-Years
-19%
CAGR 10-Years
-6%
No Stocks Found

Northern Oil and Gas Inc
Glance View

Market Cap
3.6B USD
Industry
Energy

Northern Oil and Gas Inc. has carved its niche as a strategic player in the vast landscape of the U.S. oil and gas industry. Unlike typical oil companies, Northern doesn't drill itself; instead, it masters the art of acquiring non-operated interests in the prolific oil-rich regions of the Bakken, Williston, and Permian Basins. This unique business model allows the company to focus on partnering with experienced operators, leveraging their drilling and operational expertise while sharing in the proceeds of each producing well. Northern's profit pipeline, therefore, flows from thoughtful investment decisions that center around selecting promising drilling prospects and optimizing its diverse portfolio of well interests. The company generates revenue primarily through oil and gas sales, with additional income streams from lease bonus payments and royalties. By eschewing the large capital expenditures that operators incur, Northern maintains significant financial flexibility, granting it the agility to pivot and seize new opportunities in emerging fields. Furthermore, its strategy places it in a favorable position to react dynamically to market fluctuations, a critical advantage in an industry often buffeted by the volatility of oil prices. Through this approach, Northern Oil and Gas Inc. cultivates a robust balance sheet and consistently positions itself to deliver value to its shareholders, even as the industry faces transformative shifts in energy sources and policy landscapes.

NOG Intrinsic Value
55.06 USD
Undervaluation 35%
Intrinsic Value
Price

See Also

What is Northern Oil and Gas Inc's Other Current Assets?
Other Current Assets
131.1m USD

Based on the financial report for Sep 30, 2024, Northern Oil and Gas Inc's Other Current Assets amounts to 131.1m USD.

What is Northern Oil and Gas Inc's Other Current Assets growth rate?
Other Current Assets CAGR 10Y
29%

Over the last year, the Other Current Assets growth was 41%. The average annual Other Current Assets growth rates for Northern Oil and Gas Inc have been 160% over the past three years , 15% over the past five years , and 29% over the past ten years .

Back to Top