Northern Oil & Gas Inc (NOG)

Exchange
NYSE
Symbol
NOG
Sector
Energy & Transportation
Industry
Crude Petroleum & Natural Gas
Description
Northern Oil and Gas, Inc., an independent energy company, is engaged in the acquisition, exploration, exploitation, development and production of crude oil and natural gas properties in the United States. The company is headquartered in Minnetonka, Minnesota.
Country
USA

Stock price

At close: October 4, 2024

  • Open
    39.52
  • High
    39.85
  • Low
    39.07
  • Close
    39.66
  • Volume
    1,161,660

Financial ratios

Dec 31, 2023

Activity ratios
Inventory turnover
—
Receivables turnover
5.80
Payables turnover
4.56
Working capital turnover
17.52
Days of inventory on hand (DOH)
—
Days of sales outstanding (DSO)
62.98
Number of days of payables
80.05
Fixed asset turnover
0.55
Total asset turnover
0.48
 Liquidity ratios
Current ratio
1.32
Quick ratio
0.99
Cash ratio
0.02
Cash conversion cycle
-17.07
 Solvency ratios
Debt-to-assets ratio
0.41
Debt-to-capital ratio
0.47
Debt-to-equity ratio
0.90
Financial leverage ratio
2.19
Interest coverage
8.38
 Profitability ratios
Gross profit margin
59.45%
Operating profit margin
51.79%
Pretax margin
46.20%
Net profit margin
42.61%
Operating return on assets (Operating ROA)
25.02%
Return on assets (ROA)
20.58%
Return on total capital
29.26%
Return on equity (ROE)
45.07%