Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The company primarily holds interests in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana. As of December 31, 2019, it owned working interests in 6,156 gross producing wells; and had proved reserves of 163.3 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.
Research context
Northern Oil and Gas, Inc appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- EUR
- Sector
- Energy
- Industry
- Oil & Gas E&P
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5 years, 7 months ago
Northern Oil and Gas, Inc is currently in a long term downtrend where the price is trading 73.7% below its 200 day moving average.
From a valuation standpoint, the stock is 99.2% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.7.
Northern Oil and Gas, Inc's total revenue sank by 53.4% to $74M since the same quarter in the previous year.
Its net income has dropped by 346.9% to $-233M since the same quarter in the previous year.
Finally, its free cash flow grew by 98.3% to $-3M since the same quarter in the previous year.
Based on the above factors, Northern Oil and Gas, Inc gets an overall score of 2/5.