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
10-Q - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 95.9 % -5.88%
Debt-to-equity 141 % -34.4%
Return On Equity 30 % -76.2%
Return On Assets 12.5 % -68.9%
Operating Margin 38.6 % -37.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 100M shares +7.69%
Common Stock, Shares, Outstanding 100M shares +7.69%
Entity Public Float 3.1B USD +63.2%
Common Stock, Value, Issued 502K USD +1.41%
Weighted Average Number of Shares Outstanding, Basic 100M shares +12.9%
Weighted Average Number of Shares Outstanding, Diluted 102M shares +14.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.06B USD -7.03%
Revenue from Contract with Customer, Excluding Assessed Tax 1.99B USD +104%
General and Administrative Expense 46.3M USD -8.67%
Costs and Expenses 1.27B USD +48.5%
Operating Income (Loss) 798M USD -41.7%
Nonoperating Income (Expense) -149M USD -65.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 649M USD -49.2%
Income Tax Expense (Benefit) 83.7M USD +104%
Net Income (Loss) Attributable to Parent 565M USD -54.3%
Earnings Per Share, Basic 5.69 USD/shares -62.1%
Earnings Per Share, Diluted 5.64 USD/shares -62.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.78M USD -47.5%
Accounts Receivable, after Allowance for Credit Loss, Current 360M USD +35.7%
Assets, Current 414M USD +7.24%
Property, Plant and Equipment, Net 4.27B USD +32.6%
Other Assets, Noncurrent 15.1M USD -3.49%
Assets 4.72B USD +28.9%
Accounts Payable, Current 150M USD -2.52%
Accrued Liabilities, Current 216M USD +20.7%
Liabilities, Current 466M USD +22.9%
Deferred Income Tax Liabilities, Net 113M USD +270%
Other Liabilities, Noncurrent 2.51M USD -14.8%
Liabilities 2.66B USD +18.1%
Retained Earnings (Accumulated Deficit) 72.4M USD
Stockholders' Equity Attributable to Parent 2.07B USD +46.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.05B USD +175%
Liabilities and Equity 4.72B USD +28.9%

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 270M shares +100%
Common Stock, Shares, Issued 100M shares +7.69%
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 7.78M USD -47.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 36M USD +24.6%
Deferred Tax Assets, Valuation Allowance 1.88M USD -98.8%
Property, Plant and Equipment, Gross 9.16B USD +22.5%
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
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
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 143M USD +55.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares