Latest news with #NorthernOilAndGas
Yahoo
a day ago
- Business
- Yahoo
Mizuho Cuts Northern Oil and Gas (NOG) PT to $32, Keeps Neutral Rating
Northern Oil and Gas Inc. (NYSE:NOG) is one of the most undervalued stocks to buy and hold for 3 years. On July 16, Mizuho lowered its price target for Northern Oil and Gas/NOG to $32 from $33, while maintaining a Neutral rating on the shares. The adjustment came as part of Mizuho's Q2 preview, as the firm anticipates NOG will reduce its 2025 capital expenditure budget and volume guidance due to decreased activity. The company achieved a record Adjusted EBITDA of ~$435 million in Q1 2025. Total average daily production reached ~ 135,000 BOE per day, which was a 2.5% increase sequentially and a 13% increase year-over-year. Oil production remained flat at ~79,000 barrels per day compared to the last quarter, while gas production contributed 42% to the mix, which was up 6.5% sequentially and 14% year-over-year. An aerial view of an oil and gas platform in the middle of the ocean, representing the massive resources harvested by the company. Capital expenditures in Q1 were ~$250 million, with 57% allocated to the Permian Basin. Northern Oil and Gas operates with a flexible model for capital allocation and has demonstrated strong financial performance, including 21 consecutive quarters of positive free cash flow, which total over $1.7 billion since 2020. Over 60% of its expected 2025 production is hedged. Northern Oil and Gas Inc. (NYSE:NOG) is an independent energy company that acquires, explores, exploites, develops, and produces crude oil and natural gas properties in the US. While we acknowledge the potential of NOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
21-07-2025
- Business
- Yahoo
Northern Oil and Gas (NOG) Fell This Week. Here is Why.
The share price of Northern Oil and Gas, Inc. (NYSE:NOG) fell by 11.39% between July 11 and July 18, 2025, putting it among the Energy Stocks that Lost the Most This Week. An aerial view of an oil and gas platform in the middle of the ocean, representing the massive resources harvested by the company. Northern Oil and Gas, Inc. (NYSE:NOG) is the largest publicly traded, non-operated, upstream energy asset owner in the United States that engages in the acquisition, exploration, development, and production of oil and natural gas properties. Northern Oil and Gas, Inc. (NYSE:NOG) fell this week after Mizuho lowered the stock's price target from $33 to $32, while maintaining a 'Neutral' rating on its shares. The analyst expects the NOG to lower its capex budget and volume guidance for 2025 on reduced activity. However, it must be mentioned that at the same time, Piper Sandler raised its price target for Northern Oil and Gas, Inc. (NYSE:NOG) from $30 to $31. This was primarily due to the analyst's long-term bullish outlook for the natural gas sector, especially following the announcement of a $90 billion investment in power and data center buildout during the recent PA Power and Innovation Summit. While we acknowledge the potential of NOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Oil and Gas Dividend Stocks to Buy Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None.
Yahoo
04-07-2025
- Business
- Yahoo
Northern Oil and Gas, Inc.'s (NYSE:NOG) Stock Is Going Strong: Is the Market Following Fundamentals?
Northern Oil and Gas (NYSE:NOG) has had a great run on the share market with its stock up by a significant 27% over the last three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to Northern Oil and Gas' ROE today. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Northern Oil and Gas is: 27% = US$648m ÷ US$2.4b (Based on the trailing twelve months to March 2025). The 'return' is the yearly profit. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.27 in profit. Check out our latest analysis for Northern Oil and Gas We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. Firstly, we acknowledge that Northern Oil and Gas has a significantly high ROE. Second, a comparison with the average ROE reported by the industry of 13% also doesn't go unnoticed by us. So, the substantial 52% net income growth seen by Northern Oil and Gas over the past five years isn't overly surprising. We then compared Northern Oil and Gas' net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 37% in the same 5-year period. Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is Northern Oil and Gas fairly valued compared to other companies? These 3 valuation measures might help you decide. Northern Oil and Gas' three-year median payout ratio to shareholders is 17%, which is quite low. This implies that the company is retaining 83% of its profits. So it seems like the management is reinvesting profits heavily to grow its business and this reflects in its earnings growth number. Besides, Northern Oil and Gas has been paying dividends over a period of four years. This shows that the company is committed to sharing profits with its shareholders. Upon studying the latest analysts' consensus data, we found that the company's future payout ratio is expected to rise to 40% over the next three years. Accordingly, the expected increase in the payout ratio explains the expected decline in the company's ROE to 15%, over the same period. In total, we are pretty happy with Northern Oil and Gas' performance. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. Having said that, on studying current analyst estimates, we were concerned to see that while the company has grown its earnings in the past, analysts expect its earnings to shrink in the future. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
01-04-2025
- Business
- Globe and Mail
Analysts' Opinions Are Mixed on These Energy Stocks: Occidental Petroleum (OXY) and Northern Oil And Gas (NOG)
Analysts have been eager to weigh in on the Energy sector with new ratings on Occidental Petroleum (OXY – Research Report) and Northern Oil And Gas (NOG – Research Report). Don't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. Occidental Petroleum (OXY) Roth MKM analyst Leo Mariani maintained a Hold rating on Occidental Petroleum today and set a price target of $53.00. The company's shares closed last Monday at $49.36. According to Mariani is a top 100 analyst with an average return of 26.1% and a 59.8% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Magnolia Oil & Gas, and Comstock Resources. ;'> Occidental Petroleum has an analyst consensus of Hold, with a price target consensus of $58.11, representing a 20.0% upside. In a report issued on March 18, Barclays also maintained a Hold rating on the stock with a $58.00 price target. Northern Oil And Gas (NOG) Roth MKM analyst John M. White maintained a Buy rating on Northern Oil And Gas today and set a price target of $47.50. The company's shares closed last Monday at $30.23. According to White is a 1-star analyst with an average return of -1.0% and a 41.6% success rate. White covers the NA sector, focusing on stocks such as Riley Exploration Permian, Granite Ridge Resources, and Vitesse Energy, Inc. ;'> The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Northern Oil And Gas with a $44.85 average price target.
