Northern Oil and Gas (NOG) earnings: expect 116% revenue growth

1:04 pm ET, 02 May 2019

Northern Oil and Gas, Inc. (NOG) is announcing earnings on May 06. Wondering what revenue and earnings will look like?

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $144M, which implies 116% growth rate year-over-year.

Earnings per share are expected to come in at $0.13. If this materializes, EPS will decline -24% year-over-year.

How did the stock do last month?

Over the last month, Northern Oil and Gas, Inc. (NOG) returned -2.57%.

How is the stock valued?

Northern Oil and Gas, Inc. (NOG) forward P/E ratio is 4.5, and it’s low compared to its industry peers’ P/E ratios.

What do analysts say about the stock?

Northern Oil and Gas, Inc. (NOG) average analyst price target is 66.42% above its current price ($2.65).

For the latest price and information on Northern Oil and Gas, please visit Finstead and ask for "NOG", "NOG analysis" or "NOG news".

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Northern Oil and Gas, Inc. (NOG) Stock Guide

Updated at: 8:24 am ET, 18 Sep 2020

Before we start: if you're looking for NOG stock price, you can quickly find it out by visiting Finny and typing "NOG quote". If you're looking for a quick scoop on NOG stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "NOG". You'll get all this info in one place. Or you can just type "NOG news" to get the latest stock news.

Looking to buy or sell Northern Oil and Gas, Inc. (NOG)? Interested in getting the full scoop on NOG, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this NOG stock guide, we'll address key questions about NOG, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are NOG earnings?
2. What is NOG stock forecast (i.e., prediction)?
3. NOG buy or sell? What is NOG Finny Score?
4. What are the reasons to buy NOG? Why should I buy NOG stock?
5. What are the reasons to sell NOG? Why should I sell NOG stock?
6. What are NOG key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are NOG earnings?

NOG trailing 12-month earnings per share (EPS) is -$1.37.

Analyst Predictions

2. What is NOG stock forecast (i.e., prediction)?

Based on NOG analyst price targets, NOG stock forecast is $1.56 (for a year from now). That means the average analyst price target for NOG stock is $1.56. The prediction is based on 6 analyst estimates.

The low price target for NOG is $1.00, while the high price target is $2.00.

NOG analyst rating is Hold.

Analysis

3. NOG buy or sell? What is NOG Finny Score?

#{finnyScore:44}Our quantitative analysis shows 4 reasons to buy and 5 reasons to sell NOG, resulting in Finny Score of 44.

4. What are the reasons to buy NOG? Why should I buy NOG stock?

Here are the reasons to buy NOG stock:

  • NOG stock price ($0.56) is close to the 52-week low ($0.52). Perhaps now is a good time to buy? See NOG price chart.
  • NOG profitability is improving. The YoY profit margin change was 198.15 percentage points. See NOG profitability chart.
  • NOG forward P/E ratio is 4.11, which is low compared to its industry peers’ P/E ratios. See NOG forward P/E ratio chart.
  • NOG average analyst price target ($1.56) is above its current price ($0.56). See NOG price target chart.

5. What are the reasons to sell NOG? Why should I sell NOG stock?

Let's look at the reasons to sell NOG stock (i.e., the bear case):

  • NOG quarterly revenue growth was -86.20%, lower than the industry and sector average revenue growth (-0.16% and -0.04%, respectively). See NOG revenue growth chart.
  • NOG PEG ratio (P/E adjusted for growth) is 0.90, which is high compared to its industry peers’ PEG ratios. See NOG PEG chart.
  • NOG short share of float is 10.49%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See NOG short share of float chart.
  • NOG short interest (days to cover the shorts) ratio is 8.23. The stock garners more short interest than the average industry, sector or S&P 500 stock. See NOG short interest ratio chart.
  • NOG cash to debt ratio is 0.00, lower than the average industry (0.08) and sector (0.09) cash to debt ratio. See NOG cash to debt chart.

Key Stats

6. What are NOG key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for NOG:

Metrics NOG
Price $5.22
Average Price Target / Upside $1.56 / -70.14%
Average Analyst Rating Hold
Forward Dividend Yield 0.00%
Industry Oil & Gas E&P
Sector Energy
Number of Employees 18
Market Cap $287.05M
Forward P/E Ratio 4.11
Price/Book Ratio 0.68
Revenue (TTM) $424.54M
YoY Quarterly Revenue Growth -86.20%
Profit Margin -128.25%

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