On Tuesday, Northern Oil and Gas Inc (NYSE: NOG) was 1.52% up from the session before settling in for the closing price of $36.21. A 52-week range for NOG has been $31.13 – $43.80.
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During the last 5-year period, the sales growth of Energy Sector giant was 55.24%. When this article was written, the company’s average yearly earnings per share was at -21.54%. With a float of $92.78 million, this company’s outstanding shares have now reached $100.76 million.
Let’s determine the extent of company efficiency that accounts for 38 employees. 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) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Northern Oil and Gas Inc stocks. The insider ownership of Northern Oil and Gas Inc is 7.38%, while institutional ownership is 107.60%. The most recent insider transaction that took place on Nov 01 ’24, was worth 18,500. In this transaction CFO of this company sold 500 shares at a rate of $37.00, taking the stock ownership to the 83,292 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Chief Legal Officer & Sec. sold 1,500 for $36.72, making the entire transaction worth $55,075. This insider now owns 104,213 shares in total.
Northern Oil and Gas Inc (NOG) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.61 earnings per share (EPS) during the time that was less than consensus figure (set at 1.65) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -21.54% 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
You can see what Northern Oil and Gas Inc (NOG) is doing with its current performance indicators. In the most recent 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 1.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.65, a number that is poised to hit 1.34 in the next quarter and is forecasted to reach 5.27 in one year’s time.
Technical Analysis of Northern Oil and Gas Inc (NOG)
Looking closely at Northern Oil and Gas Inc (NYSE: NOG), its last 5-days average volume was 1.0 million, which is a drop from its year-to-date volume of 1.31 million. As of the previous 9 days, the stock’s Stochastic %D was 26.10%. Additionally, its Average True Range was 1.04.
During the past 100 days, Northern Oil and Gas Inc’s (NOG) raw stochastic average was set at 33.77%, which indicates a significant decrease from 46.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.79% in the past 14 days, which was lower than the 36.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.10, while its 200-day Moving Average is $38.08. However, in the short run, Northern Oil and Gas Inc’s stock first resistance to watch stands at $37.16. Second resistance stands at $37.57. The third major resistance level sits at $38.14. If the price goes on to break the first support level at $36.18, it is likely to go to the next support level at $35.61. Should the price break the second support level, the third support level stands at $35.20.
Northern Oil and Gas Inc (NYSE: NOG) Key Stats
There are 100,172K outstanding shares of the company, which has a market capitalization of 3.68 billion. As of now, sales total 2,166 M while income totals 922,970 K. Its latest quarter income was 560,770 K while its last quarter net income were 138,560 K.
