A new trading day began on Tuesday, with Northern Oil and Gas Inc (NYSE: NOG) stock price up 2.76% from the previous day of trading, before settling in for the closing price of $35.85. NOG’s price has ranged from $31.13 to $44.31 over the past 52 weeks.
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
A company in the Energy sector has jumped its sales by 63.62% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -18.63%. With a float of $92.47 million, this company’s outstanding shares have now reached $99.83 million.
In an organization with 38 employees, it is important to assess its efficiency. 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 Updates
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 111.18%. The most recent insider transaction that took place on Feb 03 ’25, was worth 53,451. In this transaction Chief Legal Officer & Sec. of this company sold 1,500 shares at a rate of $35.63, taking the stock ownership to the 96,394 shares. Before that another transaction happened on Jan 10 ’25, when Company’s CFO sold 500 for $40.33, making the entire transaction worth $20,165. This insider now owns 75,814 shares in total.
Northern Oil and Gas Inc (NOG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -8.31% 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 1.91. Likewise, its price to free cash flow for the trailing twelve months is 32.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.33, a number that is poised to hit 1.20 in the next quarter and is forecasted to reach 5.24 in one year’s time.
Technical Analysis of Northern Oil and Gas Inc (NOG)
Let’s dig in a bit further. During the last 5-days, its volume was 1.29 million. That was inferior than the volume of 1.4 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 16.78%. Additionally, its Average True Range was 1.21.
During the past 100 days, Northern Oil and Gas Inc’s (NOG) raw stochastic average was set at 32.94%, which indicates a significant increase from 24.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.22% in the past 14 days, which was lower than the 34.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.52, while its 200-day Moving Average is $38.96. However, in the short run, Northern Oil and Gas Inc’s stock first resistance to watch stands at $37.39. Second resistance stands at $37.93. The third major resistance level sits at $38.89. If the price goes on to break the first support level at $35.89, it is likely to go to the next support level at $34.93. Assuming the price breaks the second support level, the third support level stands at $34.39.
Northern Oil and Gas Inc (NYSE: NOG) Key Stats
With a market capitalization of 3.68 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.
