Are Things Looking Up For Northern Oil and Gas Inc (NYSE: NOG)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Oil & Gas E&P industry segment. The current market capitalization of Northern Oil and Gas Inc is $3.90B. A total of 1.07 million shares were traded on the day, compared to an average of 1.22M shares.

In the most recent transaction, Allen Chad W sold 1,000 shares of NOG for 43.65 per share on Dec 02 ’24. After the transaction, the CFO now owns 81,792 company shares. In a previous transaction on Dec 02 ’24, Dirlam Adam A. sold 1,672 shares at 43.65 per share. NOG shares that President owns now total 104,532.

Among the insiders who sold shares, Dirlam Adam A. disposed of 244 shares on Dec 02 ’24 at a per-share price of $43.65. This resulted in the President holding 16,303 shares of NOG after the transaction. In another insider transaction, Romslo Erik J. sold 1,500 shares at $43.41 per share on Dec 02 ’24. Company shares held by the Chief Legal Officer & Sec. now total 102,713.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Northern Oil and Gas Inc pays an annual dividend of $1.64, resulting in a dividend yield of 4.26%, and it has a price to earnings (P/E) ratio of 4.62. NOG’s most recent ex-dividend date was 3.9% when it declared a $0.42 quarterly dividend that was paid in cash on 12/30/2024. Previously, the company paid the dividend on 9/27/2024 with an ex-dividend date of 4.54%. The NOG stock dividend was $0.42 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, NOG has a high of $44.31 and a low of $31.13.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NOG’s latest balance sheet shows that the firm has $9.52M in Cash & Short Term Investments as of fiscal 2021. There were $803.44M in debt and $327.56M in liabilities at the time. Its Book Value Per Share was $23.18, while its Total Shareholder’s Equity was $215.13M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NOG is Buy with a score of 4.25.

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