Northern Oil Financials

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Northern Oil Stock Summary

Northern Oil competes with Magnolia Oil, Civitas Resources, SM Energy, Evolution Petroleum, and Matador Resources. Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. As of December 31, 2021, it owned working interests in 7,436 gross producing wells and had proved reserves of 287,682 million barrels of oil equivalent. Northern Oil operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 25 people.

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Northern Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Northern Oil's current stock value. Our valuation model uses many indicators to compare Northern Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northern Oil competition to find correlations between indicators driving Northern Oil's intrinsic value. More Info.Northern Oil Gas is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.42  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Northern Oil Gas is roughly  2.38 . At this time, Northern Oil's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Northern Oil by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Northern Oil Gas Systematic Risk

Today, most investors in Northern Oil Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Northern Oil's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Northern Oil growth as a starting point in their analysis.

Along with financial statement analysis, the daily predictive indicators of Northern Oil help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Northern Oil Gas. We use our internally-developed statistical techniques to arrive at the intrinsic value of Northern Oil Gas based on widely used predictive technical indicators. In general, we focus on analyzing Northern Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Northern Oil's daily price indicators and compare them against related drivers.

When running Northern Oil's price analysis, check to measure Northern Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Oil is operating at the current time. Most of Northern Oil's value examination focuses on studying past and present price action to predict the probability of Northern Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Oil's price. Additionally, you may evaluate how the addition of Northern Oil to your portfolios can decrease your overall portfolio volatility.