Northern Oil and Gas Inc
NYSE:NOG

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Northern Oil and Gas Inc
NYSE:NOG
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Price: 36.13 USD 0.08% Market Closed
Market Cap: 3.6B USD
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Northern Oil and Gas Inc
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Northern Oil and Gas Inc
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
Northern Oil and Gas Inc
NYSE:NOG
Pre-Tax Income
$1B
CAGR 3-Years
N/A
CAGR 5-Years
33%
CAGR 10-Years
24%
Hess Corp
NYSE:HES
Pre-Tax Income
$4.1B
CAGR 3-Years
62%
CAGR 5-Years
64%
CAGR 10-Years
5%
EOG Resources Inc
NYSE:EOG
Pre-Tax Income
$9.1B
CAGR 3-Years
33%
CAGR 5-Years
19%
CAGR 10-Years
7%
Texas Pacific Land Corp
NYSE:TPL
Pre-Tax Income
$573m
CAGR 3-Years
25%
CAGR 5-Years
8%
CAGR 10-Years
28%
Diamondback Energy Inc
NASDAQ:FANG
Pre-Tax Income
$4.4B
CAGR 3-Years
92%
CAGR 5-Years
26%
CAGR 10-Years
38%
Conocophillips
NYSE:COP
Pre-Tax Income
$15B
CAGR 3-Years
27%
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
54.85 USD
Undervaluation 34%
Intrinsic Value
Price

See Also

What is Northern Oil and Gas Inc's Pre-Tax Income?
Pre-Tax Income
1B USD

Based on the financial report for Sep 30, 2024, Northern Oil and Gas Inc's Pre-Tax Income amounts to 1B USD.

What is Northern Oil and Gas Inc's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
24%

Over the last year, the Pre-Tax Income growth was 49%.

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