NOG Stock Analysis
NO
Avoid
Based on Eyestock quantitative analysis, NOG`s fundamental data and valuation indicate an investment grade of Avoid at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Greatly overvalued
Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. The company is headquartered in Minnetonka, Minnesota and currently employs 33 full-time employees. The company went IPO on 2006-02-21. The firm is engaged in the acquisition, exploration, exploitation, development and production of crude oil and natural gas properties in the United States, primarily in the Williston Basin, the Appalachian Basin and the Permian Basin. Its primary focus is investing in non-operated minority working and mineral interests in oil and gas properties, with a core area of focus in three basins within the United States. The company primarily engages in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include its acreage. In addition, the Company acquires wellbore-only working interests in wells, in which the Company does not hold the underlying leasehold interests from third parties unable or unwilling to participate in particular well proposals. The firm has leased approximately 258,970 net acres.