On Friday, Northern Oil and Gas Inc. (NYSE: NOG) opened lower -1.61% from the last session, before settling in for the closing price of $37.84. Price fluctuations for NOG have ranged from $31.13 to $43.80 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 55.24% over the last five years. Company’s average yearly earnings per share was noted -20.30% at the time writing. With a float of $92.78 million, this company’s outstanding shares have now reached $100.76 million.
The firm has a total of 38 workers. Let’s measure their productivity. In terms of profitability, gross margin is 29.55%, operating margin of 26.62%, and the pretax margin is 37.64%.
Northern Oil and Gas Inc. (NOG) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Northern Oil and Gas Inc. is 7.38%, while institutional ownership is 107.12%. The most recent insider transaction that took place on Oct 07 ’24, was worth 60,000. In this transaction CFO of this company sold 1,500 shares at a rate of $40.00, taking the stock ownership to the 83,792 shares. Before that another transaction happened on Oct 03 ’24, when Company’s President sold 2,508 for $38.50, making the entire transaction worth $96,558. This insider now owns 107,876 shares in total.
Northern Oil and Gas Inc. (NOG) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 1.73 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.78) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.50% during the next five years compared to 10.56% growth over the previous five years of trading.
Northern Oil and Gas Inc. (NYSE: NOG) Trading Performance Indicators
Check out the current performance indicators for Northern Oil and Gas Inc. (NOG). In the past quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.65, a number that is poised to hit 1.25 in the next quarter and is forecasted to reach 5.64 in one year’s time.
Technical Analysis of Northern Oil and Gas Inc. (NOG)
Analysing the last 5-days average volume posted by the [Northern Oil and Gas Inc., NOG], we can find that recorded value of 0.93 million was lower than the volume posted last year of 1.34 million. As of the previous 9 days, the stock’s Stochastic %D was 9.16%. Additionally, its Average True Range was 1.13.
During the past 100 days, Northern Oil and Gas Inc.’s (NOG) raw stochastic average was set at 38.19%, which indicates a significant decrease from 43.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.64% in the past 14 days, which was higher than the 37.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.57, while its 200-day Moving Average is $37.98. Now, the first resistance to watch is $37.74. This is followed by the second major resistance level at $38.25. The third major resistance level sits at $38.56. If the price goes on to break the first support level at $36.91, it is likely to go to the next support level at $36.60. Now, if the price goes above the second support level, the third support stands at $36.09.
Northern Oil and Gas Inc. (NYSE: NOG) Key Stats
There are currently 101,055K shares outstanding in the company with a market cap of 3.73 billion. Presently, the company’s annual sales total 2,166 M according to its annual income of 922,970 K. Last quarter, the company’s sales amounted to 560,770 K and its income totaled 138,560 K.
