Northern Oil and Gas Inc (NYSE: NOG) kicked off on Friday, down -3.08% from the previous trading day, before settling in for the closing price of $41.51. Over the past 52 weeks, NOG has traded in a range of $31.13-$44.31.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Energy sector company grew by 55.24% over the past five years. While this was happening, its average annual earnings per share was recorded -19.03%. With a float of $92.47 million, this company’s outstanding shares have now reached $99.83 million.
Let’s look at the performance matrix of the company that is accounted for 38 employees. In terms of profitability, gross margin is 34.39%, operating margin of 44.17%, and the pretax margin is 54.05%.
Northern Oil and Gas Inc (NOG) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Northern Oil and Gas Inc is 7.37%, while institutional ownership is 110.99%. The most recent insider transaction that took place on Dec 02 ’24, was worth 43,650. In this transaction CFO of this company sold 1,000 shares at a rate of $43.65, taking the stock ownership to the 81,792 shares. Before that another transaction happened on Dec 02 ’24, when Company’s President sold 1,672 for $43.65, making the entire transaction worth $72,983. This insider now owns 104,532 shares in total.
Northern Oil and Gas Inc (NOG) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -19.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.00% 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
Take a look at Northern Oil and Gas Inc’s (NOG) current performance indicators. Last quarter, stock had a quick ratio of 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.02. Likewise, its price to free cash flow for the trailing twelve months is 34.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.33, a number that is poised to hit 1.30 in the next quarter and is forecasted to reach 5.40 in one year’s time.
Technical Analysis of Northern Oil and Gas Inc (NOG)
Northern Oil and Gas Inc (NYSE: NOG) saw its 5-day average volume 1.18 million, a negative change from its year-to-date volume of 1.31 million. As of the previous 9 days, the stock’s Stochastic %D was 8.25%. Additionally, its Average True Range was 1.15.
During the past 100 days, Northern Oil and Gas Inc’s (NOG) raw stochastic average was set at 63.38%, which indicates a significant increase from 14.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.97% in the past 14 days, which was lower than the 39.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.42, while its 200-day Moving Average is $38.99. Nevertheless, the first resistance level for the watch stands at $41.19 in the near term. At $42.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $42.98. If the price goes on to break the first support level at $39.40, it is likely to go to the next support level at $38.58. The third support level lies at $37.61 if the price breaches the second support level.
Northern Oil and Gas Inc (NYSE: NOG) Key Stats
The company with the Market Capitalisation of 3.89 billion has total of 99,825K Shares Outstanding. Its annual sales at the moment are 2,166 M in contrast with the sum of 922,970 K annual income. Company’s last quarter sales were recorded 753,640 K and last quarter income was 298,450 K.
