A new trading day began on Monday, with Northern Oil and Gas Inc (NYSE: NOG) stock price down -3.54% from the previous day of trading, before settling in for the closing price of $40.71. NOG’s price has ranged from $31.13 to $44.31 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 55.24%. Meanwhile, its annual earnings per share averaged -17.01%. With a float of $92.44 million, this company’s outstanding shares have now reached $99.83 million.
The extent of productivity of a business whose workforce counts for 38 workers is very important to gauge. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Northern Oil and Gas Inc is 7.39%, 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 -17.01% 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
Here are Northern Oil and Gas Inc’s current performance indicators. According to the last quarter’s results, the 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 2.01. Likewise, its price to free cash flow for the trailing twelve months is 34.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.33, a number that is poised to hit 1.28 in the next quarter and is forecasted to reach 5.16 in one year’s time.
Technical Analysis of Northern Oil and Gas Inc (NOG)
The latest stats from [Northern Oil and Gas Inc, NOG] show that its last 5-days average volume of 1.21 million was inferior to 1.3 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 25.05%. Additionally, its Average True Range was 1.17.
During the past 100 days, Northern Oil and Gas Inc’s (NOG) raw stochastic average was set at 54.76%, which indicates a significant increase from 7.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.75% in the past 14 days, which was lower than the 39.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.84, while its 200-day Moving Average is $39.15. Now, the first resistance to watch is $40.04. This is followed by the second major resistance level at $40.82. The third major resistance level sits at $41.39. If the price goes on to break the first support level at $38.69, it is likely to go to the next support level at $38.12. The third support level lies at $37.34 if the price breaches the second support level.
Northern Oil and Gas Inc (NYSE: NOG) Key Stats
With a market capitalization of 3.87 billion, the company has a total of 99,825K Shares Outstanding. Currently, annual sales are 2,166 M while annual income is 922,970 K. The company’s previous quarter sales were 753,640 K while its latest quarter income was 298,450 K.
