Northern Oil and Gas Inc
NYSE:NOG

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Northern Oil and Gas Inc
NYSE:NOG
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Price: 36.04 USD -1.18% Market Closed
Market Cap: 3.6B USD
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Northern Oil and Gas Inc
Total Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Northern Oil and Gas Inc
Total Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Assets CAGR 3Y CAGR 5Y CAGR 10Y
Northern Oil and Gas Inc
NYSE:NOG
Total Assets
$5.1B
CAGR 3-Years
60%
CAGR 5-Years
22%
CAGR 10-Years
11%
Hess Corp
NYSE:HES
Total Assets
$26.2B
CAGR 3-Years
10%
CAGR 5-Years
4%
CAGR 10-Years
-4%
EOG Resources Inc
NYSE:EOG
Total Assets
$46.2B
CAGR 3-Years
7%
CAGR 5-Years
5%
CAGR 10-Years
3%
Texas Pacific Land Corp
NYSE:TPL
Total Assets
$1.2B
CAGR 3-Years
19%
CAGR 5-Years
18%
CAGR 10-Years
43%
Diamondback Energy Inc
NASDAQ:FANG
Total Assets
$65.7B
CAGR 3-Years
43%
CAGR 5-Years
23%
CAGR 10-Years
37%
Conocophillips
NYSE:COP
Total Assets
$96.7B
CAGR 3-Years
3%
CAGR 5-Years
7%
CAGR 10-Years
-2%
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 Total Assets?
Total Assets
5.1B USD

Based on the financial report for Sep 30, 2024, Northern Oil and Gas Inc's Total Assets amounts to 5.1B USD.

What is Northern Oil and Gas Inc's Total Assets growth rate?
Total Assets CAGR 10Y
11%

Over the last year, the Total Assets growth was 17%. The average annual Total Assets growth rates for Northern Oil and Gas Inc have been 60% over the past three years , 22% over the past five years , and 11% over the past ten years .

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