Northern Oil & Gas, Inc. financial data

Symbol
NOG on NYSE
Industry
Crude Petroleum & Natural Gas
Location
4350 Baker Road, Suite 400, Minnetonka, Minnesota
Fiscal year end
December 31
Former names
KENTEX PETROLEUM INC (to 3/8/2007)
Latest financial report
Q1 2024 - Apr 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 99 % +14.6%
Debt-to-equity 149 % -52%
Return On Equity 34.6 % -82.6%
Return On Assets 13.9 % -71.3%
Operating Margin 41.1 % -36%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 101M shares +18.4%
Common Stock, Shares, Outstanding 101M shares +18.4%
Entity Public Float 3.1B USD +63.2%
Common Stock, Value, Issued 503K USD +3.29%
Weighted Average Number of Shares Outstanding, Basic 100M shares +18.3%
Weighted Average Number of Shares Outstanding, Diluted 102M shares +19%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.98B USD -9.39%
Revenue from Contract with Customer, Excluding Assessed Tax 1.99B USD +104%
General and Administrative Expense 45.2M USD -2.57%
Costs and Expenses 1.17B USD +49.1%
Operating Income (Loss) 814M USD -42%
Nonoperating Income (Expense) -139M USD -74.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 674M USD -49%
Income Tax Expense (Benefit) 79.9M USD +2561%
Net Income (Loss) Attributable to Parent 594M USD -55%
Earnings Per Share, Basic 6.2 USD/shares -61.7%
Earnings Per Share, Diluted 6.16 USD/shares -61.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 32.5M USD +435%
Accounts Receivable, after Allowance for Credit Loss, Current 331M USD +20.7%
Assets, Current 413M USD +4.26%
Property, Plant and Equipment, Net 4.21B USD +44.2%
Other Assets, Noncurrent 14.4M USD -12.4%
Assets 4.63B USD +38.6%
Accounts Payable, Current 156M USD +16.4%
Accrued Liabilities, Current 162M USD -0.35%
Liabilities, Current 428M USD +24%
Deferred Income Tax Liabilities, Net 71.2M USD
Other Liabilities, Noncurrent 2.63M USD -13.7%
Liabilities 2.63B USD +14.7%
Retained Earnings (Accumulated Deficit) -66.2M USD +90%
Stockholders' Equity Attributable to Parent 2B USD +91%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.05B USD +175%
Liabilities and Equity 4.63B USD +38.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 392M USD +45.6%
Net Cash Provided by (Used in) Financing Activities 39.2M USD -80%
Net Cash Provided by (Used in) Investing Activities -407M USD +11.7%
Common Stock, Shares Authorized 135M shares 0%
Common Stock, Shares, Issued 101M shares +18.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 24.3M USD +585%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 32.5M USD +435%
Interest Paid, Excluding Capitalized Interest, Operating Activities 36M USD +24.6%
Deferred Tax Assets, Valuation Allowance 1.88M USD -98.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Property, Plant and Equipment, Gross 8.92B USD +26.2%
Deferred Income Tax Expense (Benefit) 2.76M USD +299%
Deferred Tax Assets, Operating Loss Carryforwards 146M USD +8.9%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 209M USD +27.2%
Current Income Tax Expense (Benefit) 2.8M USD +300%
Preferred Stock, Shares Authorized 5M shares
Additional Paid in Capital 2.12B USD +21.7%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 915K USD -70.5%
Current Federal Tax Expense (Benefit) 0 USD
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Deferred State and Local Income Tax Expense (Benefit) 22M USD +6.83%
Interest Expense 143M USD +55.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares