Price History
Feb 9, 2026 — Apr 4, 2026Investment Snapshot
- Trading 37% below Graham Number ($45.41) — significant margin of safety
- Piotroski F-Score 6/9 — moderate financial health
- ROE of 19.2% — good return on equity
- Revenue growing at 11% annually
NORTHERN OIL & GAS, INC. (NOG) is a Basic Materials company operating in Crude Petroleum & Natural Gas, listed on the NYSE , with a market capitalisation of $2.8 billion . Key value metrics: P/E ratio 6.8, P/B ratio 1.30, Piotroski F-Score 6 out of 9 (moderate financial health) .
Value Score
Key Metrics
Current vs 5-Year Average
Based on 5 years of SEC filingsRevenue & Net Income
Financial Statements
| Metric | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | $X.XB | $X.XB | $X.XB |
| Gross Profit | $X.XB | $X.XB | $X.XB |
| Operating Income | $X.XB | $X.XB | $X.XB |
| Net Income | $X.XB | $X.XB | $X.XB |
| EBITDA | $X.XB | $X.XB | $X.XB |
| Total Assets | $X.XB | $X.XB | $X.XB |
| Total Liabilities | $X.XB | $X.XB | $X.XB |
NORTHERN OIL & GAS, INC. — Fundamental Analysis Summary
NORTHERN OIL & GAS, INC. (NOG) is trading 37% below its Graham Number of $45.41 — a significant margin of safety by Benjamin Graham's standard. The stock carries a low trailing P/E ratio of 6.8x.
On financial health, NOG shows a moderate Piotroski F-Score of 6/9, and solid return on equity of 19.2% (sector average: -1.2%), and elevated leverage with a debt-to-equity ratio of 1.13.
StockPik's composite Value Score for NOG is 99/100 — placing it in undervalued territory. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.
NOG reports a high gross margin of 82.4% (sector average: 12.8%) and a strong operating margin of 27.2%.
NOG shows revenue growing at 11% year-over-year, with earnings declining at 93%.
NOG pays a high dividend yield of 6.3%.