A new trading day began on Friday, with Northern Oil and Gas Inc (NYSE: NOG) stock price down -3.78% from the previous day of trading, before settling in for the closing price of $39.43. NOG’s price has ranged from $31.13 to $44.31 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 63.62%. Meanwhile, its annual earnings per share averaged -18.50%. With a float of $92.47 million, this company’s outstanding shares have now reached $99.83 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
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 7.37%, while institutional ownership is 110.80%. The most recent insider transaction that took place on Jan 10 ’25, was worth 20,165. In this transaction CFO of this company sold 500 shares at a rate of $40.33, taking the stock ownership to the 75,814 shares. Before that another transaction happened on Jan 06 ’25, when Company’s President sold 836 for $39.00, making the entire transaction worth $32,604. This insider now owns 96,223 shares in total.
Northern Oil and Gas Inc (NOG) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -8.59% 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 1.97. Likewise, its price to free cash flow for the trailing twelve months is 33.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.33, a number that is poised to hit 1.21 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 1.63 million, which is a jump from its year-to-date volume of 1.39 million. As of the previous 9 days, the stock’s Stochastic %D was 12.78%. 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 42.82%, which indicates a significant increase from 1.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.59% in the past 14 days, which was lower than the 35.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.08, while its 200-day Moving Average is $39.16. However, in the short run, Northern Oil and Gas Inc’s stock first resistance to watch stands at $39.01. Second resistance stands at $40.08. The third major resistance level sits at $40.64. If the price goes on to break the first support level at $37.38, it is likely to go to the next support level at $36.82. Should the price break the second support level, the third support level stands at $35.75.
Northern Oil and Gas Inc (NYSE: NOG) Key Stats
With a market capitalization of 3.79 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.
