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
Capital Expenditures

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
Capital Expenditures Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Capital Expenditures CAGR 3Y CAGR 5Y CAGR 10Y
Northern Oil and Gas Inc
NYSE:NOG
Capital Expenditures
-$1.3B
CAGR 3-Years
-50%
CAGR 5-Years
-18%
CAGR 10-Years
-12%
Hess Corp
NYSE:HES
Capital Expenditures
-$4.6B
CAGR 3-Years
-42%
CAGR 5-Years
-12%
CAGR 10-Years
1%
EOG Resources Inc
NYSE:EOG
Capital Expenditures
-$6.5B
CAGR 3-Years
-21%
CAGR 5-Years
-1%
CAGR 10-Years
2%
Texas Pacific Land Corp
NYSE:TPL
Capital Expenditures
-$142.2m
CAGR 3-Years
-132%
CAGR 5-Years
1%
CAGR 10-Years
-113%
Diamondback Energy Inc
NASDAQ:FANG
Capital Expenditures
-$11.4B
CAGR 3-Years
-87%
CAGR 5-Years
-20%
CAGR 10-Years
-24%
Conocophillips
NYSE:COP
Capital Expenditures
-$11.7B
CAGR 3-Years
-34%
CAGR 5-Years
-12%
CAGR 10-Years
4%
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 Capital Expenditures?
Capital Expenditures
-1.3B USD

Based on the financial report for Sep 30, 2024, Northern Oil and Gas Inc's Capital Expenditures amounts to -1.3B USD.

What is Northern Oil and Gas Inc's Capital Expenditures growth rate?
Capital Expenditures CAGR 10Y
-12%

Over the last year, the Capital Expenditures growth was 33%. The average annual Capital Expenditures growth rates for Northern Oil and Gas Inc have been -50% over the past three years , -18% over the past five years , and -12% over the past ten years .

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